News
Important Only
Other
Gallagher adds Aon's Davis to lead private equity and M&A practice
By Isha MaratheApril 8 - (The Insurer) - Gallagher has hired Hunter Davis, former chief revenue officer and co-head of M&A and transaction solutions at Aon, as executive vice president and senior managing director for its private equity and M&A practice.He will be based in Rolling Meadows, ...Reuters
Tue, Apr 8
Other
RPT-Aerospace firms scour contracts over tariffs after supplier challenge
Suppliers, manufacturers and airlines seek to navigate tariffsIndustry wrangle expected over sharing the costs of tariffs Biggest airlines expected to push burden onto planemakers Planemakers may use next development programmes as carrotBy Tim Hepher, Joanna Plucinska and Allison Lampert April 7 ...Reuters
Tue, Apr 8
Stocks
Market stress signals are flashing bright
LONDON, April 7 (Reuters) - As a rout in global equity markets deepened on Monday amid tariff turmoil, the signs of stress across financial markets have started to flash brightly."It's quite clear that the market is in a panic," said Van Luu, global head of FX and fixed income strategy, ...Reuters
Tue, Apr 8
Other
China says it will take necessary measures against latest US tariff threats
BEIJING, April 8 (Reuters) - China will take necessary measures against United States' latest tariff threats, its foreign ministry said on Tuesday.China will continue to take resolute and forceful measures to safeguard its legitimate right for development, ministry spokesperson Lin Jian told a r...Reuters
Tue, Apr 8
Stocks
GLOBAL MARKETS-Rebound in Japan provides some respite for battered markets
TOKYO, April 8 (Reuters) - Asian stocks bounced off more than one-year lows and U.S. stock futures pointed up on Tuesday, but many investors remained on edge even as they hoped Washington might be willing to negotiate some of the aggressive tariffs that have unleashed turmoil in markets.Reuters
Tue, Apr 8
Other
Smart follow syndicates wrote more than $1.8 billion GWP in 2024
Smart follow syndicates see 17% premium growth from 2022Algorithmic players like Ki use machine learning for underwriting decisionsAcrisure's Flux Syndicate doubled premiums since 2023 launchBy Henry GaleApril 8 - (The Insurer) - Lloyd's syndicates dedicated to smart follow underwriting wrot...Reuters
Tue, Apr 8
Other
Goldman Sachs says markets pricing in 70% probability of Ukrainian peace deal
MOSCOW, April 8 (Reuters) - U.S. investment bank Goldman Sachs said bond pricing inferred that markets believed there was 70% probability of a Ukraine peace deal, up sharply from before the November election of U.S. President Donald Trump."Our modeling suggests that current market pricing for a ...Reuters
Tue, Apr 8
Other
PRESS DIGEST- Wall Street Journal - April 8
April 8 (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.- PNC Financial Services Group PNC.N on Monday appointed former BlackRock BLK.N executive Mark Wiedman as president, effective immediately.- ...Reuters
Tue, Apr 8
Cryptocurrencies
Hong Kong Issues New Crypto Guidelines Allowing Staking Services For Licensed Platforms
Hong Kong’s Securities and Futures Commission (SFC) has issued guidelines to allow crypto platforms and funds in the jurisdiction to offer staking services. The new rules are part of the regulator’s roadmap to develop Hong Kong’s digital assets ecosystem. Related Reading: Conor McGregor’s Memecoin T...Bitcoinist
Tue, Apr 8
Forex
AUD/JPY recovers to near 89.50 as global sentiment improves
The AUD/JPY cross jumps to 89.40, snapping the three-day losing streak during the early European session on Tuesday. The improving global risk sentiment and encouraging stimulus plans from China provide some support to the Aussie.
Fxstreet
Tue, Apr 8
Other
JGB yields jump, tracking US Treasuries' rebound on hopes of tariff deal
TOKYO, April 8 (Reuters) - Japanese government bond (JGB) yields jumped on Tuesday, tracking U.S. Treasury yields' overnight rise, as investors turned to a risk-on mode as local equities logged sharp gains.The 10-year JGB yield JP10YTN=JBTC climbed 14 basis points (bps) to 1.25% in its steepest ...Reuters
Tue, Apr 8
Other
Spacecraft carrying Russians and American takes off from Baikonur cosmodrome
MOSCOW, April 8 (Reuters) - A spacecraft carrying two Russian cosmonauts and an American astronaut took off from the Baikonur cosmodrome in Kazakhstan on Tuesday en route to the International Space Station (ISS).The Soyuz MS-27 spacecraft was carrying Russians Sergey Ryzhikov and Alexey Zubritsky an...Reuters
Tue, Apr 8
Economic Indicator
Poland - Factors to Watch April 8
WARSAW, April 8 - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hour):PRESIDENTIAL ELECTIONS Poland's ruling Civic Coalition candidate, Warsaw Mayor Rafal Trzaskowski, leads opinion polls ahead of the May 18 presidential electi...Reuters
Tue, Apr 8
Stocks
Australian miners rise as investors switch focus to sensitive sectors
** Australian miners .AXMM rise 2.5% to 4,941.5 points, recovering some losses from the previous session** Sector heavyweights Rio Tinto RIO.AX and BHP Group BHP.AX rise 1.5% and 2%, respectively** "Investors appear to be rotating out of defensives such as Woolworths WOW.AX and back into economi...Reuters
Tue, Apr 8
Economic Indicator
Vietnam to buy US defence, security products to tackle trade gap
By Khanh Vu HANOI, April 8 (Reuters) - Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday. Hanoi will also seek faster d...Reuters
Tue, Apr 8
Forex
FOREX-Dollar frail as traders flock to safe havens on tariff turmoil
Japanese yen and Swiss franc the go-to asset for investors Aussie dollar, a risk proxy, rises but is near 5-year lowEuro up as traders consider retaliatory movesBy Ankur Banerjee SINGAPORE, April 8 (Reuters) - Safe havens the yen and the Swiss franc held near six-month highs on Tuesday while the ...Reuters
Tue, Apr 8
Cryptocurrencies
Bitcoin Whipsaws On Fake Tariff Bombshell News
Speculation over a purported White House plan to pause tariffs for ninety days on all countries except China sent markets into a frenzy earlier today, triggering abrupt price reversals across equities, Bitcoin and cryptocurrencies. In a quick-fire series of conflicting updates, the rumor initially f
NewsBTC
Tue, Apr 8
Other
EXCLUSIVE-Iran-backed militias in Iraq ready to disarm to avert Trump wrath
Talks advanced between Iraq PM and militia chiefs - politicianMilitias form key pillar of Iran's weakened Axis of ResistanceGroups have attacked Israel and U.S. forces with rockets, dronesBy Ahmed Rasheed BAGHDAD, April 7 (Reuters) - Several powerful Iranian-backed militia groups in Iraq are ...Reuters
Tue, Apr 8
