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Stocks
INDIA STOCKS-Indian shares fall as US tariffs hit markets, pharma stocks buck trend
By Bharath Rajeswaran and Vivek Kumar MApril 3 (Reuters) - India's benchmark indexes opened lower on Thursday after U.S. President Donald Trump slapped 26% reciprocal tariffs on imports from the South Asian nation, but a temporary exemption of pharmaceutical products helped soften the blow.The N...Reuters
Thu, Apr 3
Other
REFILE-Taiwan says US tariffs are 'unreasonable'
TAIPEI, April 3 (Reuters) - Taiwan's cabinet called the reciprocal tariffs the United States announced on Wednesday "very unreasonable" and said it will take up the matter with the United States.The proposed tariff rate does not reflect the actual situation of Taiwan-U.S. trade, the cabi...Reuters
Thu, Apr 3
Stocks
BREAKINGVIEWS-Trump kicks all of Asia into the China tariff boat
By Hudson LockettHONG KONG, April 3 (Reuters Breakingviews) - Donald Trump’s second trade war is a battle of one against all. Reciprocal tariffs announced on Wednesday by the White House hit China with a hike of 34 percentage points, taking the fresh levies on exports from the People’s Republic up 5...Reuters
Thu, Apr 3
Cryptocurrencies
Trump’s tariffs spare no nation while Bessent urges trading partners against retaliation
President Donald Trump has moved ahead with a new set of sweeping tariffs, prompting Treasury Secretary Scott Bessent to urge foreign governments against hitting back with retaliatory measures. Bessent, speaking Wednesday to Bloomberg Television, said, “I wouldn’t try to retaliate. As long as you don’t retaliate this is the high end of the number.” His […]Cryptopolitan
Thu, Apr 3
Commodities
COMMODITIES-Oil, copper slide as Trump tariffs rattle markets; gold hits record high
SINGAPORE, April 3 (Reuters) - Commodities including oil, copper and agricultural products dropped on Thursday as U.S. President Donald Trump's aggressive tariffs on key trading partners fuelled fears of recession, while safe-heaven gold jumped to an all-time high.
Stocks
Indian pharma stocks jump as US tariffs exempts sector
** India's Nifty pharma index .NIPHARM jumps 4.4% after U.S. President Donald Trump exempted the sector from reciprocal tariffs for now ** Index constituents Dr. Reddy's REDY.NS, Cipla CIPL.NS, Sun Pharma SUN.NS, Gland Pharma GLAD.NS jump 6.1%, 4.1%, 4.1% and 11.7%, respectively ** Trump imp...Reuters
Thu, Apr 3
Stocks
Indian pharma stocks defy market slump on US tariffs exemption
April 3 (Reuters) - Shares of Indian drugmakers surged 4% on Thursday, in contrast to the drop in the broader stock market, after U.S. President Donald Trump's administration exempted pharmaceutical products from the list of imports hit by reciprocal tariffs.The pharma sub-index .NIPHARM was the...Reuters
Thu, Apr 3
Forex
China's yuan hits seven-week low on Trump's sweeping tariffs
SHANGHAI, April 3 (Reuters) - China's yuan slumped to a seven-week low against the U.S. dollar after President Donald Trump unveiled sweeping reciprocal tariffs that were particularly heavy on China and its trading partners, piling depreciation pressure on the currency. Trump said on Wednesday ...Reuters
Thu, Apr 3
Other
South Korea discovers two tonnes of suspected cocaine on board ship
SEOUL, April 2 (Reuters) - South Korean authorities found about two tonnes of suspected cocaine on Wednesday on a ship docked at a port, the customs service said, in what appears to be the largest haul of smuggled drugs in the country's history.Korea Customs Service and Coast Guard found 57 boxe...Reuters
Thu, Apr 3
Other
RPT-Japan says it is leaving all options open against Trump's tariffs
TOKYO, April 3 (Reuters) - Japanese Trade Minister Yoji Muto said on Thursday that Japan is leaving all options open to respond to U.S. President Donald Trump's newly announced tariffs.In a press conference, Muto said he had held an online meeting with U.S. Commerce Secretary Howard Lutnick just...Reuters
Thu, Apr 3
Forex
Australia, New Zealand dollars fall, bonds rally as US erects wall of tariffs
AUD, NZD trim earlier losses as USD retreatsAntipodean currencies suffer heavy losses on yen, euroDirect tariff impact on Australia, New Zealand likely limitedBoth have much to lose from a global trade war SYDNEY, April 3 (Reuters) - The Australian and New Zealand dollars fell while bonds rallie...Reuters
Thu, Apr 3
Other
China urges US to immediately lift tariffs, vows retaliation
China vows countermeasures if US doesn't immediately cancel latest tariffsTrump announces new 34% tariffs on Chinese goodsTrump hits all US trade partners with tariffs of at least 10%China least affected by new US tariffs, says analystUS tariffs will not make "definitive mark" on China e...Reuters
Thu, Apr 3
Stocks
Australian gold stocks shine with bullion at record-high after US tariffs
** Australian gold miners .AXGD rise 1.1% as gold hit a record high after US reciprocal tariffs GOL/** Gold stocks helping limit decline in benchmark ASX200 .AXJO** 15 of 36 members on gold miners index gain on the day, led by a 5% jump in Ramelius Resources RMS.AX and Meeka Metals MEK.AX** Northern...Reuters
Thu, Apr 3
Other
EU to prepare countermeasures to US reciprocal tariffs, says EU chief
BRUSSELS, April 3 (Reuters) - European Commission President Ursula von der Leyen described U.S. Donald Trump's universal tariffs as a major blow to the world economy and said that the European Union was prepared to respond with countermeasures if negotiations failed."We are already finalisin...Reuters
Thu, Apr 3
Cryptocurrencies
Bitcoin’s Fate Hinges on This Critical ‘Dead Cross’ Signal — What’s Next for BTC?
Bitcoin has seen a notable price consolidation over the past few weeks, trading between the $84,000 and $86,000 levels. Despite the initial surge in price, the cryptocurrency has faced a decline of 3.7% in the past week and nearly 10% in the past month, signaling a period of stagnation in its upward...NewsBTC
Thu, Apr 3
Cryptocurrencies
Ethereum Price Recovery Stalls—Bears Keep Price Below $2K
Ethereum price attempted a recovery wave above the $1,880 level but failed. ETH is now trimming all gains and remains below the $1,880 resistance zone. Ethereum failed to stay above the $1,850 and $1,880 levels. The price is trading below $1,850 and the 100-hourly Simple Moving Average. There was a ...NewsBTC
Thu, Apr 3
Economic Indicator
INSTANT VIEW-Hefty Trump tariffs surprise markets, stocks slide
April 2 (Reuters) - U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries."It's our declaration of independence," Trump said at an event in the White House Rose Garden. ...Reuters
Thu, Apr 3
