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China says US has undermined fentanyl cooperation by imposing tariffs
BEIJING, March 12 (Reuters) - China said on Wednesday that the U.S. has undermined bilateral counter-narcotics cooperation by imposing tariffs on Chinese goods over fentanyl, calling on Washington to stop using the issue as a bargaining chip to "blackmail" the country.U.S. President Donald Trump...
Reuters
Wed, Mar 12
Other
Blackstone backs Trump's tariff move, says it will boost US manufacturing
By Dhwani Pandya MUMBAI, March 12 (Reuters) - Blackstone chief executive Stephen Schwarzman on Wednesday backed U.S. President Donald Trump's tariffs, saying they will boost manufacturing activity in the United States and spur growth in the world's largest economy.Trump's focus on tar...Reuters
Wed, Mar 12
Stocks
Roche secures Zealand obesity drug candidate for up to $5.3 billion
Deal signals renewed efforts by Roche to compete on obesityRoche, Zealand to jointly commercialise drug in U.S., EuropeShares in Danish biotech Zealand soar, last up 28%Rival drugmaker Novo Nordisk's shares fallBy Maggie Fick and Ludwig Burger ZURICH, March 12 (Reuters) - Roche ROG.S has acqu...Reuters
Wed, Mar 12
Other
France, Britain committed to ensuring lasting peace in Ukraine, says French Defence Minister
PARIS, March 12 (Reuters) - France and Britain remain committed to ensuring a "just and lasting" peace in Ukraine, French Defence Minister Sebastien Lecornu wrote on X.Lecornu said he discussed Ukraine on Tuesday evening with his British counterpart John Healey on the sidelines of the Paris ...Reuters
Wed, Mar 12
Other
Rubio says US will have contact with Russia over Ukraine on Wednesday
SHANNON, Ireland, March 12 (Reuters) - U.S. Secretary of State Marco Rubio said the United States will have contact with Russia on Wednesday about the agreement reached with Ukraine on a 30-day ceasefire and steps toward ending the war there."We all eagerly await the Russian response and urge th...Reuters
Wed, Mar 12
Stocks
UK stocks rise as Ukraine ceasefire hopes lift sentiment
March 12 (Reuters) - British shares rose on Wednesday after a selloff in the previous session after Kyiv said it was ready to support Washington's proposal for a 30-day ceasefire with Russia, while positive corporate earnings boosted the domestically focussed index.Reuters
Wed, Mar 12
Indices
US Dollar braces for US CPI amidst geopolitical headlines
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat and stabilizes on Wednesday while traders await the United States (US) Consumer Price Index (CPI) release for February.Fxstreet
Wed, Mar 12
Stocks
Harvard Bioscience slumps after weak revenue forecast
** Shares of Harvard Bioscience HBIO.O down 12.1% at 67 cents premarket ** Co expects Q1 revenue between $19 million and $21 million, below analysts' estimates of $22.95 million - data compiled by LSEG** The company is also exploring alternative capital sources for refinancing outstanding indebt...Reuters
Wed, Mar 12
Commodities
PRECIOUS-Gold steady with focus on US inflation data, Trump tariffs
Trump metal tariffs kick in, Europe retaliatesGold up 11% so far this year US CPI due at 1230 GMT By Sarah Qureshi March 12 (Reuters) - Gold prices were little changed on Wednesday, with the market's attention on a key U.S. inflation report due later in the day, while U.S. President Donald Tr...Reuters
Wed, Mar 12
Other
DIARY-Political and General News Events from March 12
March 12 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY -------...Reuters
Wed, Mar 12
Other
Trump to nominate Bowman for Fed's top bank cop, Bloomberg News reports
March 12 (Reuters) - U.S. President Donald Trump's administration will nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision as early as today, Bloomberg News reported on Wednesday, citing a person familiar with the matter.Reuters
Wed, Mar 12
Stocks
Rubio says G7 won't discuss US 'takeover' of Canada
SHANNON, Ireland, March 12 (Reuters) - U.S. Secretary of State Marco Rubio on Wednesday said the issue of how the United States is going to "take over Canada" will not be discussed at a gathering of G7 foreign ministers due to take place in Canada on Thursday.When asked by reporters about Pr...Reuters
Wed, Mar 12
Other
Indonesian tech giant GoTo posts first full-year underlying profit, eyes strong growth for 2025
March 12 (Reuters) - Indonesia's biggest tech firm PT GoTo Gojek Tokopedia GOTO.JK forecast a sharp increase in its underlying earnings for 2025 on Wednesday, and also posted its first ever full-year underlying profit.GoTo, which offers ride hailing, food deliveries, logistics and financial serv...Reuters
Wed, Mar 12
Stocks
5 Things to Do Immediately if Your Retirement Account Drops Like a Stone
Maybe it's the old photos of people standing in soup lines during the Great Depression, or perhaps we're still dealing with what it was like to see bare grocery-store shelves early in the COVID-19 pandemic. Whatever the reason, a lot of Americans are nervous about their finances -- specifically, wha...The Motley Fool
Wed, Mar 12
Stocks
LIVE MARKETS-European luxury in a U.S. slowdown
STOXX 600 up 1.1%Banks, defence lead gainersUS inflation awaitedWall St futures riseWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN LUXURY IN A U.S. SLOWDOWN Remember...Reuters
Wed, Mar 12
Cryptocurrencies
How Crypto Holders Can Now Trade Global Markets on MT5 with PrimeXBT
As the market for Cryptocurrencies continues to grow, new innovations are giving Crypto holders more ways to take advantage of their tokens. One of these is the ability to use digital currencies as collateral for trading, unlocking access to global markets and new earning opportunities. PrimeXBT, a ...NewsBTC
Wed, Mar 12
Cryptocurrencies
XRP & Solana See 60-Day Volatility Break 100%: How Do Bitcoin & Dogecoin Compare?
Data shows XRP and Solana have seen their Realized Volatility spike up after the sharp price action. Here’s how Bitcoin and other coins compare. Assets Across Crypto Have Seen An Increase In 60-Day Realized Volatility In a new post on X, the analytics firm Kaiko has shared how the 60-day Reali...Bitcoinist
Wed, Mar 12
Stocks
Prediction: Nvidia Will Beat the Market. Here's Why.
The past three months haven't been great for Nvidia (NASDAQ: NVDA) investors as shares of the graphics card specialist have dropped nearly 20% during this period, dropping at a much faster pace when compared to the S&P 500 index's drop of 8%.Nvidia's tepid performance can be attributed to factors ou...The Motley Fool
Wed, Mar 12
