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Commodities
Top Japanese shipping line fears US tariffs will slow cargo flows, president says
Tariff-related procedural delays may disrupt logisticsCargo movement saw a slight pick-up in December and JanuaryRed Sea avoidance expected to continue for a whileBy Yuka Obayashi TOKYO, April 1 (Reuters) - Nippon Yusen (NYK) 9101.T, Japan's largest shipping line, is concerned that U.S. Presi...Reuters
Wed, Apr 2
Other
Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports
April 1 (Reuters) - U.S. retailing giant Walmart WMT.N is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar with the matter.Some Chinese manufacturers are finding it difficult to meet Walmart&...Reuters
Wed, Apr 2
Commodities
CORRECTED-Cuts to food stamps and Medicaid could imperil this California Republican
Republican budget cut proposals could fall heavily on SNAP and Medicaid California congress member David Valadao feels the heat at home from cuts proposed in WashingtonLocal hospitals and clinics could be at risk, if budget cuts are passedBy Renee Hickman and Andy Sullivan BAKERSFIELD, California...Reuters
Wed, Apr 2
Cryptocurrencies
Is The XRP Bottom Finally In? Here’s What Experts Say
The XRP price fell as low as $2.0238 on Monday, potentially forming a local bottom. Since then, the XRP price is up almost 6%, however, the possibility of a deeper retracement remains. Two prominent chartists—CasiTrades (@CasiTrades) and Charting Guy (@ChartingGuy)—have shared their perspectives on ...NewsBTC
Wed, Apr 2
Cryptocurrencies
Tether Expands Bitcoin Reserves With Nearly 9,000 BTC Buy—What’s The Plan?
Tether, the developer of USDT, has added 8,888 Bitcoins to its holdings valued at around $735 million at the time of the transaction. This latest market move by the popular stablecoin issuer was reported by Arkham. In a snapshot offered by Arkham on its official website, it revealed that the stablec...Bitcoinist
Wed, Apr 2
Other
PRESS DIGEST-British Business - April 2
April 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Ten carmakers, including BMW BMWG.DE and Ford F.N, and two trade bodies have reached a settlement with the UK...Reuters
Wed, Apr 2
Cryptocurrencies
Ethereum Price Approaches Resistance—Will It Smash Through?
Ethereum price started a recovery wave above the $1,850 level. ETH is now consolidating and facing key hurdles near the $1,920 level. Ethereum started a recovery wave above $1,820 and $1,850 levels. The price is trading above $1,860 and the 100-hourly Simple Moving Average. There is a connecting bul...NewsBTC
Wed, Apr 2
Other
Tidewater Renewables Reports Fire Incident At Its Renewable Diesel Refinery
April 1 (Reuters) - Tidewater Renewables Ltd LCFS.TO:TIDEWATER RENEWABLES LTD. REPORTS FIRE INCIDENT AT ITS RENEWABLE DIESEL REFINERYTIDEWATER RENEWABLES LTD - FIRE EXTINGUISHED, NO INJURIES REPORTED AT TIDEWATER RENEWABLES REFINERYTIDEWATER RENEWABLES LTD - OUTAGE NOT EXPECTED TO IMPACT TIDEWATER R...Reuters
Wed, Apr 2
Commodities
Venezuela's oil exports fall 11.5% over US tariffs and sanctions, shipping data show
April 1 (Reuters) - Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data a
Reuters
Wed, Apr 2
Other
Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports
April 1 (Reuters) - U.S. retailing giant Walmart WMT.N is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Reuters
Wed, Apr 2
Forex
INDIA RUPEE-Rupee's rally interrupted in run up to Trump's tariffs
By Nimesh VoraMUMBAI, April 2 (Reuters) - A rally in the Indian rupee that has lifted the currency to a three-month high is likely to pause on Wednesday in the countdown to a planned tariff announcement by the United States. The 1-month non-deliverable forward indicated that the rupee INR=IN wil...Reuters
Wed, Apr 2
Other
Walmart Continuing To Push Chinese Suppliers To Cut Prices To Offset President Donald Trump’S Tariffs - Bloomberg News
April 1 (Reuters) - Walmart Inc WMT.N:WALMART CONTINUING TO PUSH CHINESE SUPPLIERS TO CUT PRICES TO OFFSET PRESIDENT DONALD TRUMP’S TARIFFS - BLOOMBERG NEWSSource text: https://tinyurl.com/4khdbrzvReuters
Wed, Apr 2
Cryptocurrencies
Bitcoin Price Bounces Back—Can It Finally Break Resistance?
Bitcoin price started a recovery wave above the $83,500 zone. BTC is now consolidating and might struggle to settle above the $85,500 zone. Bitcoin started a decent recovery wave above the $83,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. There is a connectin...NewsBTC
Wed, Apr 2
Commodities
METALS-London copper rises, caution ahead of US reciprocal tariffs caps gains
SHANGHAI, April 2 (Reuters) - Copper prices in London edged up on Wednesday, but gains were capped as cautious investors awaited details of reciprocal tariffs from U.S. President Donald Trump scheduled later in the day.The benchmark three-month copper CMCU3 on the London Metal Exchange (LME) rose 0....Reuters
Wed, Apr 2
Forex
Japanese Yen trades with negative bias against USD ahead of Trump’s reciprocal tariffs
The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday. The USD/JPY pair, however, remains confined in a range held since the beginning of this week as traders await a...
Fxstreet
Wed, Apr 2
Other
Australia's Brainchip gains on $1.8 million contract with RTX
April 2 - ** Shares of Brainchip Holdings BRN.AX rise 3.8% to A$0.2075** Chip processor says it is partnering with Raytheon, an RTX RTX.N business** Partnership to service a contract for $1.8 million from the Air Force Research Laboratory on neuromorphic radar signaling** Stock rose as much as 6.3% ...Reuters
Wed, Apr 2
