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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
Other
Ryan Gosling, Halle Berry and more pitch Amazon's deep dive into movies
Amazon promises 15 movies in cinemas a year Ben Affleck, Chris Hemsworth among star-studded lineupNo hints on new James BondBy Lisa Richwine and Rollo Ross LAS VEGAS, April 2 (Reuters) - Ryan Gosling, Chris Hemsworth, Halle Berry and other Hollywood stars turned on the charm in Las Vegas on Wedne...Reuters
Thu, Apr 3
Other
Pinduoduo to invest $13.7 billion to transform, upgrade merchants
HONG KONG, April 3 (Reuters) - Chinese e-commerce platform Pinduoduo, which is owned by PDD Holdings PDD.O, will invest 100 billion yuan ($13.7 billion)over the next three years in transforming and upgrading platform merchants, Pinduoduo said on Thursday. ($1 = 7.2958 yuan)Reuters
Thu, Apr 3
Other
UK most worried about its auto sector, business minister says
LONDON, April 3 (Reuters) - British business minister Jonathan Reynolds said on Thursday the impact of U.S. President Donald Trump's tariffs on the country's automotive manufacturing industry was one of the government's main concerns. "The impact on the automotive sector of that part...Reuters
Thu, Apr 3
Forex
INDIA RUPEE-Rupee shows resilience to US tariffs; strategists advise caution
By Nimesh Vora MUMBAI, April 3 (Reuters) - The Indian rupee on Thursday held up reasonably well to the dip in most Asian currencies and equities, triggered by U.S. President Donald Trump's sweeping reciprocal tariffs.The rupee INR=IN was down 0.16% to the U.S. dollar at 85.6375. On Wedne...Reuters
Thu, Apr 3
Economic Indicator
Loss-free Greater China property reinsurance rates down low double digits
Loss-free property risks price down in the low double digitsReinsurance terms and conditions largely unchanged at renewalsGreater China represents long-term growth opportunity for ILS marketBy Michael JonesApril 3 - (The Insurer) - Stable reinsurance demand and increasing availability and deployment...Reuters
Thu, Apr 3
Other
German finance minister calls for strong EU response to U.S. tariffs
FRANKFURT, April 3 (Reuters) - Germany's finance minister said on Thursday that the European Union needs to react strongly to U.S. tariffs but the trade bloc remains open to seek an agreement."It would be naive to think that if we just sit there and let this happen, things will get better, s...Reuters
Thu, Apr 3
