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Taiwan says it can have negotiations with US anytime on tariffs
TAIPEI, April 8 (Reuters) - Taiwan's foreign minister said on Tuesday that Taiwan can have negotiations with the U.S. anytime on working out differences on tariffs. Minister Lin Chia-lung made the comments on the sidelines before a partliament session.Reuters
Tue, Apr 8
Economic Indicator
REFILE-Vietnam says to buy American defence and security products as Trump tariffs loom
HANOI, April 8 (Reuters) - Vietnam will buy more American goods, including defence and security products, Prime Minister Pham Minh Chinh said in a statement issued late on Monday, as the country seeks to delay a 46% U.S. tariff rate on its exports.Vietnam will also seek for faster deliveries of comm...Reuters
Tue, Apr 8
Other
Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales
Samsung sees Q1 profit at 6.6 trillion won vs 5.1 trillion LSEG SmartEstimateLooming US tariffs drive chip sales, smartphone shipments, analysts saySecond quarter phone shipments likely to fall, analysts saySamsung shares rise 2.6%By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, April 8 (ReuterReuters
Tue, Apr 8
Stocks
Levi Strauss maintains annual forecast, shares surge more than 7%
Levi Strauss posts quarterly profit ahead of Wall Street targetsCEO Gass highlights strong margin structure, agile supply chainUnchanged forecast reflects planning difficulty amid tariff uncertainty, analyst saysBy Savyata Mishra April 7 (Reuters) - Levi Strauss LEVI.N maintained on Monday its a...Reuters
Tue, Apr 8
Other
China says it will never accept US 'blackmail' in escalated tariff threats
BEIJING, April 8 (Reuters) - China said it will never accept the "blackmail nature" of the United States after the latter escalated tariff threats against it, the Chinese commerce ministry said on Tuesday.The U.S. threats were "a mistake on top of a mistake", a ministry spokesperson ...Reuters
Tue, Apr 8
Stocks
PRECIOUS-Gold prices recover as trade war tensions lift safe-haven demand
April 8 (Reuters) - Gold prices edged higher on Tuesday from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the United States and its key trading partners lifted demand for safe-haven assets. FUNDAMENTALS* Spot gold XAU= was up 0.3% at...Reuters
Tue, Apr 8
Other
US Homeland Security department offers buyouts to workers, memo shows
April 7 (Reuters) - The U.S. Department of Homeland Security asked employees on Monday to consider voluntarily resigning, retiring or taking a buyout of as much as $25,000 as part of a new voluntary workforce transition program, according to an internal memo. The workers have until midnight on April...Reuters
Tue, Apr 8
Cryptocurrencies
Major Evidence Shows Shiba Inu (SHIB) Investors Are Backing Mutuum Finance (MUTM) Increasingly: What Do They Know We Don’t?
In a surprising shift, Shiba Inu (SHIB) investors, long accustomed to the volatility and hype of meme coins, are increasingly backing Mutuum Finance (MUTM), and the question on everyone’s mind is, what do they know that we don’t? As SHIB continues to trade at $0.000012, a significant portion of its investor base is redirecting their […]Cryptopolitan
Tue, Apr 8
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, April 8 (Reuters) - Contract Target Support/Resistance Brent oil $65.58/$67.50sup $64.40/$63.41/$62.49Palm oil (3rd month)4,269/4,323 ringgitsup 4,212/4,176/4,119 ringgitWTI* $62.14/$64.08sup $60.94/$59.93/$59Spot gold$3,022/$3,049sup $2,978/$,2,9...Reuters
Tue, Apr 8
Stocks
China financial regulator to raise insurance funds' limits for stock investment
BEIJING, April 8 (Reuters) - China's financial regulator plans to increase the proportion for insurance funds to invest in the stock market as part of actions it will take to increase support for the capital market and the real economy. It will raise the upper limit of the equity asset allocatio...Reuters
Tue, Apr 8
Forex
AUD/USD recovers above 0.6000 amid fears of US recession
The AUD/USD pair recovers some lost ground to near 0.6015 during the early Asian session on Tuesday. The US Dollar (USD) edges higher against the Aussie amid concerns over a recession in the United States following US President Donald Trump's sweeping tariffs on trading partners.
Fxstreet
Tue, Apr 8
Other
US Homeland Security department offers buyouts to workers
April 7 (Reuters) - U.S. Department of Homeland Security employees were asked late on Monday to consider voluntarily resigning, retiring or taking a buyout of as much as $25,000 as part of a new voluntary workforce transition program, an internal email showed.The workers have until midnight on April...Reuters
Tue, Apr 8
Economic Indicator
Australia April consumer confidence slammed by tariff turmoil
SYDNEY, April 8 (Reuters) - A measure of Australian consumer sentiment dived from a three-year high in April as market turmoil triggered by U.S. President Donald Trump's tariff plans hit the outlook for the economy and family finances, a survey showed on Tuesday.The Westpac-Melbourne Institute i...Reuters
Tue, Apr 8
Other
US Supreme Court lets Trump pursue deportations under 1798 law, with limits
Court lifts judge's order that had blocked deportationsJustices place limits on how deportations may occurBy John Kruzel and Andrew Chung WASHINGTON, April 7 (Reuters) - The U.S. Supreme Court on Monday allowed Donald Trump to pursue deportations of alleged Venezuelan gang members using a 179...Reuters
Tue, Apr 8
Cryptocurrencies
Bitcoin Flashes ‘Death Cross’ Amid Tariff-Induced Market Turmoil – Is Further Decline Inevitable?
The global equity and cryptocurrency markets experienced significant downturns earlier today, as US President Donald Trump’s country-specific reciprocal tariffs are set to take effect on April 9. The leading cryptocurrency, Bitcoin (BTC), has declined by more than 7% in the past 24 hours, and ...NewsBTC
Tue, Apr 8
Stocks
US STOCKS-Dow, S&P 500 end wild session lower, Trump digs in on tariffs
April 7 (Reuters) - The S&P 500 and the Dow closed lower on Monday after a roller coaster session, with investors worried about an economic slowdown and rising inflation as U.S. President Donald Trump dug in his heels on tariffs, warning he could further increase levies on China.Reuters
Tue, Apr 8
Economic Indicator
US Chamber of Commerce considering a lawsuit to block new Trump global tariffs
The US Chamber of Commerce is considering bringing the tariff battle to court, and some of its largest members are urging it to do so. The action could effectively provide cover for corporations who are concerned about the tariffs' impact on their business but fearful of incurring US President...Fxstreet
Tue, Apr 8
