News
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Sri Lanka's sovereign bonds slide after 44% U.S. tariff - Tradeweb
LONDON, April 3 (Reuters) - Sri Lanka's sovereign dollar bonds slid more than 2 cents on Thursday, Tradeweb data showed, after the United States announced a 44% reciprocal tariff. The country's 2035 maturity fell the most, shedding 2.1 cents to be bid at 64.92 cents on the dollar.Reuters
Thu, Apr 3
Other
Henchoz joins Brit's board in first role since Hannover Re exit
By Aidan GregoryApril 3 - (The Insurer) - Specialty (re)insurer Brit has appointed former Hannover Re CEO Jean-Jacques Henchoz as a non-executive director.Henchoz will take up the role from May 1, subject to regulatory approval. He will join the board of Brit Group Holdings and its Lloyd’s managing ...Reuters
Thu, Apr 3
Other
UK still confident it can secure US trade deal, business minister says
LONDON, April 3 (Reuters) - British business minister Jonathan Reynolds said on Thursday he remained confident the country can still secure a trade deal with the United States, after President Donald Trump announced import tariffs.Reuters
Thu, Apr 3
Other
Gallagher Re's Wakefield: Cyber market at a 'turning point' to reduce volatility
By Rebecca DelaneyApril 3 - (The Insurer) - Gallagher Re CEO Tom Wakefield has called on cyber underwriters to grow demand for coverage as the market approaches an “important turning point” with capacity continuing to expand.Speaking in an opening keynote at the Zywave Cyber Risk Insights event in L...Reuters
Thu, Apr 3
Stocks
Japan's Nikkei slumps to 8-month low on Trump tariff shock
Banks hit by lower bond yields, speculation of rate-hike delaysStrengthening of safe-haven yen heaps pressure on exportersDrugmakers spared as pharmaceuticals escape latest leviesBy Kevin Buckland TOKYO, April 3 (Reuters) - Japan's Nikkei share average slumped to an eight-month low on Thursda...Reuters
Thu, Apr 3
Economic Indicator
ANALYSIS-Trump's global tariffs hurt China with 'all-round blockade'
China is the economy most exposed to global demand shocksNo place to hide for Chinese exporters offshoring productionGrowth, deflation risks mount in ChinaBeijing faces pressure to unleash more stimulusBy Ellen Zhang and Casey Hall DONGGUAN, China, April 3 (Reuters) - Chinese outdoor furniture ma...Reuters
Thu, Apr 3
Stocks
Apple shares drop 7% in Frankfurt after Trump tariffs on China
April 3 (Reuters) - Apple AAPL.O shares fell 7% in Frankfurt after U.S. President Donald Trump announced sweeping tariffs on trading partners including China where the U.S. group has a big manufacturing base."If Apple cannot get exempted this time and assuming Apple gets hit by the accumulative ...Reuters
Thu, Apr 3
Stocks
UK Stocks-Factors to watch on April 3
April 3 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.94%.* TARIFFS: UK business minister Jonathan Reynolds said that tariffs announced by U.S. President Donald Trump was "a threat" to the country due to their impact on global trade.* AUTOM...Reuters
Thu, Apr 3
Commodities
Japan's Mitsubishi may consider investing in Alaska LNG project, CEO says
TOKYO, April 3 (Reuters) - Japanese trading house Mitsubishi Corp 8058.T may consider investing in the Alaska LNG project in the United States, Chief Executive Katsuya Nakanishi said on Thursday, adding that careful due diligence would be needed before any decision.An Alaskan delegation visited Japa...Reuters
Thu, Apr 3
Other
Spain to take action to protect companies, consumers from U.S. tariffs, Economy Minister says
MADRID, April 3 (Reuters) - Spanish Economy Minister Carlos Cuerpo said on Thursday his government is ready to take action to protect the country's companies and consumers from the effects of the new tariffs announced by United States President Donald Trump.The new tariffs are "unfair and un...Reuters
Thu, Apr 3
Commodities
Hapag-Lloyd says US tariffs could affect demand, cargo flow and costs
April 3 (Reuters) - German container shipping firm Hapag-Lloyd HLAG.DE said on Thursday that U.S. tariffs and potential reciprocal tariffs from various countries could affect demand, cargo flows and costs.The world's fifth biggest container liner said that while it was difficult to estimate the ...Reuters
Thu, Apr 3
Other
Norway seeks to negotiate with US over tariffs, PM says
By Terje Solsvik OSLO, April 3 (Reuters) - Norway will seek to negotiate with the United States regarding the tariffs imposed by U.S. President Donald Trump, Norwegian Prime Minister Jonas Gahr Stoere told public broadcaster NRK on Thursday. Trump on Wednesday announced a 15% tariff on goo...Reuters
Thu, Apr 3
Commodities
Fire put out at PBF Martinez refinery in California
April 3 (Reuters) - A fire at PBF Energy's PBF.N Martinez, California refinery that injured one person has been put out, the refinery said. "A portable generator at the refinery caught on fire while being refueled by a contract worker, who was transported offsite for medical evaluation ...Reuters
Thu, Apr 3
Commodities
COLUMN-Oil and gas got off easy on Trump's Liberation Day: Bousso
Oil, gas exempt from Trump's import tariffsUS remains dominant in global energy marketsCountries may increase US energy purchases to offset tariffsBy Ron Bousso LONDON, April 3 - President Donald Trump's reveal of sweeping import tariffs further darkened the outlook for the global economy...Reuters
Thu, Apr 3
Forex
JPMorgan downgrades EM currencies after Trump tariffs exceed worst-case scenario
LONDON, April 3 (Reuters) - Investment bank JPMorgan downgraded its recommendation for emerging currencies to "underweight" on Thursday after U.S. tariffs exceeded its worst-case scenario. U.S. President Donald Trump late on Wednesday announced "reciprocal" tariffs ranging from 10% t...Reuters
Thu, Apr 3
