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US intelligence agency warns China is trying to recruit government employees
WASHINGTON, April 8 (Reuters) - The U.S. warned on Tuesday that Chinese intelligence is using deceptive methods to target current and former U.S. government employees for recruitment.The warning from the National Counterintelligence and Security Center comes amid mass federal firings led by Elon Mus...Reuters
Wed, Apr 9
Commodities
Trump says US will soon announce tariffs on pharmaceutical imports
April 8 (Reuters) - President Donald Trump on Tuesday said the U.S. will soon announce a "major" tariff on pharmaceutical imports.Speaking to an event at the National Republican Congressional Committee, Trump said the tariff will incentivize drug companies to move their operations to the U.S...Reuters
Wed, Apr 9
Cryptocurrencies
Ethereum Network Performance Tumbles As Total Transaction Fees Drops To New Lows
Despite being considered extremely expensive, the Ethereum blockchain has remained one of the top networks in the dynamic world of cryptocurrencies. However, the leading blockchain has undergone a major shift as its overall transaction fees plummeted significantly to levels not seen in years. Total ...Bitcoinist
Wed, Apr 9
Commodities
WTI slumps below $57.25 as escalating US-China trade tensions spark demand fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.25 during the early Asian session on Wednesday. The WTI price extends the decline near a four-year low due to US President Donald Trump’s trade war rhetoric, growing recession fears in the US and weak global demand.
Fxstreet
Wed, Apr 9
Commodities
US agriculture chief says new deals may be struck over tariffs by end of week
WASHINGTON, April 8 (Reuters) - U.S. Agriculture Secretary Brooke Rollins said on Tuesday that new deals could be struck with other countries over trade tariffs by the end of this week.Rollins made the comments in an interview to Fox News host Bret Baier on the network's "Special Report" show.Reuters
Wed, Apr 9
Economic Indicator
Yield curve steepest since 2022, supply weighs on long end
April 8 (Reuters) - The U.S. Treasury yield curve reached its steepest level since February 2022 on Tuesday as longer-dated yields jumped on supply concerns, with some holders of the debt also seen as likely being forced to sell due to recent market volatility.Reuters
Wed, Apr 9
Forex
Trump says China manipulating currency to offset US tariffs
April 8 (Reuters) - President Donald Trump on Tuesday accused China of manipulating its currency to offset the impact of U.S. tariffs."You got to hand it to them. They're manipulating their currency today as an offset against the tariffs," Trump said at an event at the National Republica...Reuters
Wed, Apr 9
Stocks
Samsung SDI cuts stock offering price by 14%
SEOUL, April 9 (Reuters) - Samsung SDI 006400.KS, a South Korean battery maker, cut the pricing of new shares to be issued by 14%, after its stock tumbled in the broad sell-off triggered by U.S. tariff fears.Samsung SDI plans to sell its new shares at 146,200 Korean won ($98.41) each, down from the ...Reuters
Wed, Apr 9
Forex
BOJ will scrutinise US tariff impact in setting policy, Governor Ueda says
TOKYO, April 9 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will carefully analyse how U.S. tariffs could affect the economy in making monetary policy decisions. "Domestic and overseas economic uncertainties have heightened due to U.S. auto and reciprocal tari...Reuters
Wed, Apr 9
Technical Analysis
Gold struggles below $3,000 amid rising yields and tariff jitters
Gold price snaps three days of losses, consolidates below the $3,000 figure as US Treasury yields rise, making the non-yielding metal less appealing for investors. Even though there are hopes of trade deals between partners, the “trade war” between the US and China makes investors uneasy.
Fxstreet
Wed, Apr 9
Other
South Korea announces emergency measures for auto industry hit by US tariffs
SEOUL, April 9 (Reuters) - South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.Reuters
Wed, Apr 9
Commodities
RPT-ANALYSIS-Limited options push China into trade 'war of attrition' with Trump
World-wide tariffs push China into a corner on tradeCurrency moves and subsidies come with large trade-offsHard to boost trade around U.S. while global economy takes a hitU.S.-China showdown seems inevitable - analystsTrade war hinges on who can bear most pain - analystsBy Laurie Chen, Kevin Yao and...Reuters
Wed, Apr 9
Commodities
RPT-COLUMN-Annual zinc processing benchmark looks bullish but isn't: Andy Home
By Andy Home LONDON, April 8 (Reuters) - Zinc has been the consistent under-performer of the London Metal Exchange (LME) base metal pack since the start of 2025 and this year's benchmark smelter treatment charge reinforces the galvanising metal's bear narrative. Korea Zinc 010130.KS and C...Reuters
Wed, Apr 9
Cryptocurrencies
Oversold Altcoins Like Solana Flash Bullish Divergences — Are Relief Bounces Coming?
Solana has faced intense selling pressure over the past week as the broader crypto market reels from the impact of US President Donald Trump’s aggressive trade policies. Fears of a prolonged trade war and mounting macroeconomic tensions have triggered a wave of panic selling across risk assets, with...NewsBTC
Wed, Apr 9
Economic Indicator
US tariffs, China slowdown cloud developing Asia's growth outlook, says ADB
MANILA, April 9 (Reuters) - The full implementation of U.S. tariffs could cut developing Asia's growth by about a third of a percentage point this year and nearly a full percentage point in 2026, the Asian Development Bank said on Wednesday.In its Asian Development Outlook report, the ADB projec...Reuters
Wed, Apr 9
Cryptocurrencies
XRP’s 20x Run May Be Over—MAGACOIN FINANCE Targets 30x by Q2 2025
XRP has a history of delivering massive returns. Back in 2017, it famously turned heads with a 20x surge, and in early 2025, history nearly repeated itself as XRP climbed from under $0.15 to a peak above $2.70. But as of April 8, XRP is showing signs of cooling off, currently trading around $1.95. After […]Cryptopolitan
Tue, Apr 8
Other
US given one day to show evidence for deporting Columbia University protester Khalil
Khalil's case tests Trump's efforts to deport student activistsImmigration judge to decide on Friday whether Khalil can be deportedKhalil's lawyers argue he has been targeted for his pro-Palestinian speechBy Jonathan Allen and Luc Cohen JENA, Louisiana, April 8 (Reuters) - An immi...Reuters
Tue, Apr 8
Forex
EUR/USD fights off bearish flows, but tariffs and cautionary Fed remain
EUR/USD caught a mild bullish recovery on Tuesday, snapping a two-day losing streak and chalking in some last-minute gains before the Trump administration’s widespread “reciprocal” tariffs come into effect on April 9.
Fxstreet
Tue, Apr 8
Other
EXCLUSIVE-Trump administration moves to restore some terminated foreign aid programs, sources say
Lewin asked staff to reverse terminationsWFP awards in Lebanon, Syria, Somalia among those to be restoredSources said reversal followed pressure from inside the administration and CongressBy Jonathan Landay, Daphne Psaledakis and Humeyra Pamuk WASHINGTON, April 8 (Reuters) - President Donald Trum...Reuters
Tue, Apr 8
