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German finance minister says trade tensions bring undoubted risk of recession
BERLIN, April 9 (Reuters) - Germany is at risk of another recession as a result of trade tensions sparked by tariffs under U.S. President Donald Trump, Finance Minister Joerg Kukies said in a radio interview on Wednesday."A possible trade conflict increases the risk of recession, there is no que...Reuters
Wed, Apr 9
Commodities
SBM Offshore Signs $400 Mln Sale And Leaseback Agreement For FPSO Cidade De Paraty
April 9 (Reuters) - SBM Offshore NV SBMO.AS:SIGNS US$400 MILLION SALE AND LEASEBACK AGREEMENT FOR FPSO CIDADE DE PARATYTRANSACTION EXPECTED TO COMPLETE BEFORE END OF APRIL 2025OWNERSHIP TO BE TRANSFERRED TO FOUR CHINESE LEASING COMPANIESTO OPERATE ASSET FOR REMAINING 8.5 YEARSSBM OFFSHORE AND ITS PA...Reuters
Wed, Apr 9
Technical Analysis
MANTRA Price Forecast: OM launches MANTRA Ecosystem Fund to boost RWA innovation and growth
MANTRA (OM) price hovers around $6.24 on Wednesday after rallying almost 9% so far this week. On Monday, the MANTRA chain launched the MANTRA Ecosystem Fund (MEF) with over $108 million to drive innovation and growth in Real-World Asset (RWA) tokenization.Fxstreet
Wed, Apr 9
Other
South Korea's Kia cuts EV sales target by more than 20% for 2030
SEOUL, April 9 (Reuters) - South Korea's Kia Corp said on Wednesday that it aims to sell 1.26 million electric vehicles by 2030, lowering its earlier target of 1.6 million units announced last year. Kia said that it plans to achieve a sales target of 993,000 units of hybrid cars by 2030. Kia al...Reuters
Wed, Apr 9
Other
South Korea's Kia cuts EV sales target
SEOUL, April 9 (Reuters) - South Korea's Kia Corp said on Wednesday that it aims to sell about 1.3 million electric vehicles by 2030, lowering its earlier target.Kia also said there was increasing uncertainty over U.S. policy on the auto industry, according to its presentation slides for investo...Reuters
Wed, Apr 9
Cryptocurrencies
Crypto Chaos: Dogecoin (DOGE) at Risk of More Losses as Market Volatility Spikes
Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1550. DOGE price started a fresh decline below the $0.1650 and $0.1550 levels. The price is trading below the $0.1600 level and the 100-hourly simple moving aver...NewsBTC
Wed, Apr 9
Other
GE Vernova Says Signed Agreements To Supply Onshore Wind Turbines To Local Community Windfarms
April 9 (Reuters) - GE Vernova Inc GEV.N:GE VERNOVA AND BBWIND SIGN 20TH AGREEMENT TO SUPPLY ONSHORE WIND TURBINES TO LOCAL COMMUNITY WINDFARMSGE VERNOVA- CO'S WIND SEGMENT TO PROVIDE 3 ADDITIONAL ONSHORE WIND TURBINES TO BBWIND; PROJECTS TO USE 6.0 MW-164M WORKHORSE TURBINESReuters
Wed, Apr 9
Commodities
AMG Critical Materials Approves $15 Mln Investment For US Chrome Metal Facility
April 9 (Reuters) - AMG Critical Materials NV AMG.AS:APPROVES $15 MILLION INVESTMENT FOR US CHROME METAL FACILITYFACILITY EXPECTED TO BE OPERATIONAL IN Q1 2026NEW CASTLE FACILITY TO BE ONLY US CHROME METAL PRODUCTION SITENEW FACILITY TO HAVE ANNUAL CAPACITY OF 6,500 TONSReuters
Wed, Apr 9
Cryptocurrencies
PRESS DIGEST - Wall Street Journal - April 9
April 9 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Asset manager Janus Henderson JHG.N will manage Guardian Life Insurance's $45 billion investment-grade public fixed-income portfolio, t...Reuters
Wed, Apr 9
Cryptocurrencies
Bitcoin Falls Below $80K, And Michael Saylor Takes A Rain Check On Buying
The corporate world’s biggest Bitcoin holder has stopped buying more of the cryptocurrency as prices fell sharply last week. According to recent filings, Strategy reported a massive $5.91 billion unrealized loss for the first quarter of 2025, though this blow was softened by a $1.69 billion ta...Bitcoinist
Wed, Apr 9
Cryptocurrencies
XRP sell-off continues under $2 as XXRP ETF flexes $5M volume on day one
XRP struggles to stay afloat, with key support levels crumbling due to volatility from macroeconomic factors, including United States President Donald Trump's reciprocal tariffs kicking in on Wednesday.
Fxstreet
Wed, Apr 9
Commodities
ANALYSIS-Sharp US bond selloff revives flashbacks of COVID-era 'dash-for-cash'
Margin calls, need for liquidity exacerbate bond selloffUnwinding of basis trade reminds investors of 2020 market crashSwap spreads tighten sharply, signaling selling pressureBy Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK, April 9 (Reuters) - A violent U.S. Treasury selloff, evoking th...Reuters
Wed, Apr 9
Stocks
ANALYSIS-Banks to battle exchanges for fees on Britain's new private share trading platform
Private company share trading platform launches within monthsPolicymakers seeking better access to capital for unlisted firmsBanks fear revenue dip, investors and owners unsure of liquidityBy Sinead Cruise LONDON, April 9 (Reuters) - Britain's hopes of an equity capital market revival are wei...Reuters
Wed, Apr 9
Stocks
EXPLAINER-What is PISCES and can it herald a UK capital markets revolution?
By Sinead CruiseLONDON, April 9 (Reuters) - Britain's Financial Conduct Authority (FCA) has set out proposals for a new platform - The Private Intermittent Securities and Capital Exchange System (PISCES) - to enable trading of shares in private companies.A cornerstone of the regulator's aim ...Reuters
Wed, Apr 9
Other
UK bill aims to speed debt restructuring for poor countries
Bill aims to compel private creditors to negotiate quickly English law governs as much as 90% of poorest nations' bondsBackers say it would help countries emerge stronger from defaultOpponents say it could increase future borrowing costsBy Libby George LONDON, April 9 (Reuters) - A British la...Reuters
Wed, Apr 9
