News
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Commodities
CK Hutchison invested $1.7 bln in Panama, surpassing obligations, it says
Company paid $668 mln in contributions, CK Hutchison saysTax exemptions have not been exclusively granted to the companyCK Hutchison calls to "protect the concession" By Marianna Parraga and Roshan Thomas April 9 (Reuters) - A company controlled by Hong Kong-based CK Hutchison 0001.HK...Reuters
Wed, Apr 9
Stocks
PRECIOUS-Gold rises, eyes best day since March 2023 as tariff war heats up
China to impose additional tariffs of 84% on U.S. GoodsFed meeting minutes due later in the daySpot gold up more than $400 this yearBy Brijesh Patel April 9 (Reuters) - Gold climbed more than 3% on Wednesday and was poised for its best day since March 2023, supported by a decline in the dolla...Reuters
Wed, Apr 9
Other
US admiral confirms two men of Chinese origin captured by Ukraine
WASHINGTON, April 9 (Reuters) - The head of U.S. forces in the Indo-Pacific confirmed on Wednesday that Ukraine had captured two men of Chinese origin fighting for Russia and said that any Russian success offensively in Europe would embolden China in its own offensive ambitions.Admiral Samuel Papar...Reuters
Wed, Apr 9
Other
Trump sued by Democrat he removed from US civil rights agency
Trump can remove EEOC members only for cause, lawsuit claimsTrump fired two Democratic EEOC members in JanuaryCase is latest test of Trump's powers over independent agenciesBy Daniel Wiessner April 9 (Reuters) - A Democratic former member of the federal agency that enforces U.S. laws banning ...Reuters
Wed, Apr 9
Other
PacBio to cut jobs, lower spending over NIH funding cuts and tariffs
By Sneha S K April 9 (Reuters) - Gene sequencing equipment maker PacBio PACB.O plans to cut around 120 jobs and lower expenses due to fresh tariffs and reduced funding for federal health agency National Institutes of Health (NIH), it said on Wednesday.The company plans to eliminate about "80...Reuters
Wed, Apr 9
Other
Euro zone bond prices gain, sit out global selloff
German bonds rise in contrast with U.S. TreasuriesBenchmark US Treasury yield jumps 14 bpsMarkets add to ECB easing betsTrump's tariffs come into effect, triggering more market turmoilBy Samuel Indyk and Lucy Raitano LONDON, April 9 (Reuters) - German bond yields fell on Wednesday, contrastin...Reuters
Wed, Apr 9
Commodities
Chile mining minister expects short-term copper demand to slow due to tariffs
SANTIAGO, April 9 (Reuters) - Global copper demand in the short-term could slow due to uncertainty over U.S. tariffs, Chile's Mining Minister Aurora Williams said on Wednesday.If the U.S. were to impose copper tariffs on Chile, she said the country would hope for a competitive advantage at the l...Reuters
Wed, Apr 9
Stocks
Life sciences firms fall as China hikes tariff on US imports
** Shares of some life sciences companies down as China announced an increase in tariffs on U.S. imports to 84% from 34%, shortly after President Donald Trump's punitive 104% tariffs on Chinese imports kicked in on Wednesday** Shares of QuidelOrtho QDEL.O fall 1.6%, Thermo Fisher Scientific TMO....Reuters
Wed, Apr 9
Other
Largest U.S. machine tool builder Haas Automation issues stark warning on tariffs
Investing.com -- Privately held Haas Automation, which describes itself as the largest machine tool builder in the Western world, has warned that it is scaling back its production activities amid a shInvesting.com
Wed, Apr 9
Stocks
LIVE MARKETS-Can any appearance of calm be trusted?
S&P 500, Dow turn red; Nasdaq still greenTech leads S&P sector gainers; utilities weakest groupEuro STOXX 600 index falls ~3.5%Dollar down; crude tumbles >4%; bitcoin ~flat; gold surges >3%US 10-Year Treasury yield jumps to ~4.43%Welcome to the home for real-time coverage of markets br...Reuters
Wed, Apr 9
Other
Nuro secures $6 billion valuation in latest funding round
April 9 (Reuters) - Autonomous driving technology startup Nuro said on Wednesday it fetched a valuation of $6 billion after raising $106 million in its latest funding round, as investors bet on what is often touted as the future of mobility.The funding — backed by T Rowe Price Associates, Fidelity M...Reuters
Wed, Apr 9
Commodities
US issues new sanctions on Iran as Trump seeks talks
Sanctions target five entities, one personBessent says will continue to leverage to disrupt Iran's nuclear effortsTrump has said US and Iran poised to begin direct nuclear talks WASHINGTON, April 9 (Reuters) - The United States issued fresh sanctions targeting Iran on Wednesday, the Treasury ...Reuters
Wed, Apr 9
Cryptocurrencies
Time to Enter the Market? These 3 Altcoins Could Make You Millions in 100 Days
Shiba Inu (SHIB) and Cardano are among the most popular altcoins in the markets right now and they are back to gaining the value they lost in the market crash of Monday. Black Monday, as it’s being called, saw crypto as well as other markets crash badly on rising concerns about geopolitical situations, the escalating […]Cryptopolitan
Wed, Apr 9
Other
US Pacific commander to advocate 'most strongly' for USAID to Pacific Islands
WASHINGTON, April 9 (Reuters) - The head of U.S. forces for the Indo-Pacific, Admiral Samuel Paparo, said on Wednesday he would be advocating "most strongly" for the continuation of USAID funding to the Pacific Islands region, where U.S. influence is being contested by China.Asked at a congr...Reuters
Wed, Apr 9
Other
US appeals court again rejects Texas citizen journalist's bid to sue over arrest
By Nate Raymond April 9 (Reuters) - A divided federal appeals court is sticking with its conclusion that a citizen journalist in Texas cannot sue officials over her arrest for asking a police source questions after the U.S. Supreme Court directed it to take a second look.The New Orleans-based 5th...Reuters
Wed, Apr 9
Technical Analysis
EUR/USD Price Analysis: Euro climbs toward 1.1100 as bullish bias strengthens
The EUR/USD pair extended its gains on Wednesday, moving higher after the European session and climbing toward the 1.1100 area. The pair sits above the midpoint of its daily range, buoyed by renewed bullish momentum, despite some neutral short-term indicators.
Fxstreet
Wed, Apr 9
Economic Indicator
India's finance minister says country needs support from central bank and government
LONDON, April 9 (Reuters) - India's Finance Minister Nirmala Sitharaman said her country's economy - hit by U.S trade tariffs - will need help from the Reserve Bank of India and the government as she welcomed Wednesday's interest rate cut by the central bank.The RBI's Monetary Policy...Reuters
Wed, Apr 9
Other
Motor racing-Haas F1 say no impact from tariffs hitting owner's business
MANAMA, April 9 (Reuters) - The U.S.-owned Haas Formula One team said they were carrying on as normal despite owner Gene Haas's machine tools business reporting a 'dramatic decrease in demand' as a result of President Donald Trump's trade tariffs.California-based Haas Automation said...Reuters
Wed, Apr 9
Other
Spain defends closer trade ties with China after US warns against 'cutting own throat'
MADRID, April 9 (Reuters) - Spain will pursue closer trade ties with China in the interests of its citizens and of the EU, its agriculture minister Luis Planas said on Wednesday, rejecting a U.S. warning that moving closer to the Asian country would be "cutting your own throat"."We have ...Reuters
Wed, Apr 9
