News
Important Only
Commodities
China says it will take all steps to guard its interests after latest Trump tariffs
BEIJING, March 12 (Reuters) - China will take all necessary measures to safeguard its rights and interests, the Chinese foreign ministry said on Wednesday, after U.S. President Donald Trump increased tariffs on all U.S. steel and aluminium imports.The U.S. move has violated World Trade Organization ...Reuters
Wed, Mar 12
Other
MOVES-JPMorgan appoints Australian banker Dragi Ristevski, memo says
SYDNEY, March 12 (Reuters) - JPMorgan JPM.N has appointed Dragi Ristevski to lead its Australian and New Zealand financial sponsors business, according to a memo reviewed by Reuters on Wednesday.Ristevski will also serve as co-head of the bank's general industrials investment banking unit alongs...Reuters
Wed, Mar 12
Stocks
European Wax Center Inc reports results for the quarter ended December 31 - Earnings Summary
European Wax Center Inc EWCZ.OQ reported quarterly adjusted earnings of 17 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of nine analysts for the quarter was for earnings of 6 cents per sh...Reuters
Wed, Mar 12
Other
Legal & General Group Announces £500 Mln Buyback For 2025
March 12 (Reuters) - Legal & General Group PLC LGEN.L:FY NET INCOME GBP 191 MILLIONFY PRETAX PROFIT GBP 332 MILLIONFY OPERATING PROFIT GBP 1,711 MILLIONFY ROE 34.8%FY DIVIDEND GBP 0.2136OUR CLEAR CAPITAL ALLOCATION FRAMEWORK SUPPORTS OUR PLAN TO RETURN OVER £5 BILLION OVER NEXT THREE YEARSASSET ...Reuters
Wed, Mar 12
Economic Indicator
J.P. Morgan economist sees 40% US recession chance and risks to 'exorbitant privilege'
Recession risk to rise if Trump imposes reciprocal tariffs - JPMPerception of US can diminish attraction of US assets - JPM SINGAPORE, March 12 (Reuters) - There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country's standing as an investment destina...Reuters
Wed, Mar 12
Stocks
Japan's Nikkei ekes out gains as US tariffs, growth concerns keep trade volatile
TOKYO, March 12 (Reuters) - Japan's Nikkei share average rose in choppy trade on Wednesday as investors bought back shares after sharp declines in the last session, although concerns about U.S. tariffs and their impact on the global economy continued to weigh on sentiment.
Reuters
Wed, Mar 12
Other
China to hold meeting with Russia and Iran on Iranian nuclear issue
BEIJING, March 12 (Reuters) - China will hold talks with Russia and Iran on the "Iranian nuclear issue" in Beijing on March 14, the Chinese foreign ministry announced on Wednesday. China's Vice Foreign Minister Ma Zhaoxu will chair the meeting, the ministry said at a regular press confer...Reuters
Wed, Mar 12
Other
Swedish battery maker Northvolt files for bankruptcy
STOCKHOLM, March 12 (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for bankruptcy in Sweden, bringing to an end Europe's best hope of developing a rival to major Asian EV battery players.Reuters
Wed, Mar 12
Indices
US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers to near 103.55 after bouncing off four-month lows around 103.20. However, the upside for the index might be limited amid concerns mounted over a US slowdown and the impFxstreet
Wed, Mar 12
Commodities
Drax Group Provisionally Secures Agreement To Provide 434MW Of Capacity
March 12 (Reuters) - Drax Group PLC DRX.L:DRAX GROUP PLC - CAPACITY MARKET AGREEMENTSDRAX GROUP PLC: PROVISIONALLY SECURED AGREEMENTS TO PROVIDE 434MW OF CAPACITY PRINCIPALLY FROM ITS PUMPED STORAGE AND HYDRO ASSETSDRAX GROUP PLC: AGREEMENTS ARE FOR DELIVERY PERIOD OCTOBER 2028 TO SEPTEMBER 2029, A...Reuters
Wed, Mar 12
Stocks
Could the Nasdaq Sell-Off Make This Growth Stock a Buy Again?
Wall Street is an emotional place, which is really what makes markets work. However, every so often, investors flow like lemmings in just one direction. That happens during bull markets and during bear markets.Right now, the Nasdaq Composite (NASDAQINDEX: ^IXIC) has fallen more than 10% from a recen...The Motley Fool
Wed, Mar 12
Cryptocurrencies
XRP Price Eyes Upside Break—Can Bulls Push Through Resistance?
XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh decline from the $2.200 resistance zone. The price is now trading below $2.1850 and the 100-hourly Simple Moving Average. There i...NewsBTC
Wed, Mar 12
Stocks
Delivery Hero up pre-market after Uber ends blocked Foodpanda bid
** Shares in Delivery Hero DHER.DE gain 2.8% in pre-market indications after Uber UBER.N terminated on Tuesday its $950 million bid for the German firm's Foodpanda business in Taiwan** A local trader points to the deal termination fee of around $250 million that the U.S. company will have to pay...Reuters
Wed, Mar 12
Cryptocurrencies
Outraged Solana and PI Investors shift focus to XYZVerse for 5x potential gains
XYZVerse (XYZ) is experiencing a remarkable surge, capturing the interest of investors. The platform’s offerings promise huge gains for individuals seeking profit. XYZVerse sets a new memecoin trend XYZVerse emerges as a leading memecoin project with strong community backing and substantial growth potential. As the first-ever all-sports meme token, it’s attracting both sports fans and […]Cryptopolitan
Wed, Mar 12
Stocks
LIVE MARKETS-Ukraine talks lift euro but tariff worries linger
Welcome 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.comUKRAINE TALKS LIFT EURO BUT TARIFF WORRIES LINGERA look at the day ahead in European and global markets from Ankur Banerjee The eur...Reuters
Wed, Mar 12
Economic Indicator
BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices
The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.” Additional quotes Underlying inflation still remains below 2%.Fxstreet
Wed, Mar 12
Forex
