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South Korea trade minister to visit US to discuss tariffs, investment
SEOUL, March 12 (Reuters) - South Korea's Trade Minister Cheong In-kyo will visit Washington, D.C. from March 13 to 14 to discuss trade issues including reciprocal tariffs and investment projects with his counterparts, the trade ministry said on Wednesday.Cheong will meet with officials at the U...Reuters
Wed, Mar 12
Stocks
China's Ascletis hits 6-year peak on good results for weight loss drug
** Shares of Chinese pharmaceutical products developer Ascletis Pharma Inc 1672.HK jump 8.7% to HK$7.99, their highest since March 2019** Stock on course for the biggest one-day gain since March 3; on track for third straight session of rise** Ascletis announces positive topline results of Phase 1B ...Reuters
Wed, Mar 12
Cryptocurrencies
Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market
According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market. Bitcoin To Dip Further? Yesterday, Bitcoin hit a four-mont...NewsBTC
Wed, Mar 12
Commodities
India's steel secretary says industry does not expect major impact of US tariffs
March 12 (Reuters) - India's steel secretary said on Wednesday that the industry does not see a major impact from tariffs imposed by U.S. President Donald Trump on steel imports as they do not export much steel to the region.Reuters
Wed, Mar 12
Stocks
Trump says stock market will 'do great' but 'we have to do this'
Investing.com -- U.S. President Donald Trump addressed the stock market again at a White House event on Tuesday. Stocks have been under extreme pressure for the past few weeks due to uncertainty about the administration’s ever-changing tariff policy.
Investing.com
Wed, Mar 12
Forex
China's yuan firms to 4-month high as US worries weigh on dollar
SHANGHAI, March 12 (Reuters) - China's yuan climbed to a four-month high against the dollar on Wednesday, as the greenback was hobbled by U.S. economic worries caused by President Donald Trump's unpredictable trade policies.
Reuters
Wed, Mar 12
Cryptocurrencies
Is Ethereum Foundation’s 30,000 ETH Really At Risk? Here’s The Truth
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced renewed downward pressure amid a widespread market crash. After reaching a mid-December high of $4,107—still below its November 2021 all-time high of $4,868—ETH slipped below $1,800, marking a 53% drop from..
Bitcoinist
Wed, Mar 12
Commodities
US oil futures rise despite API inventory showing larger build in crude stocks
Investing.com -- U.S. crude oil futures move above post-settlement levels Tuesday despite the American Petroleum Institute reporting a larger-than-expected increase in weekly domestic crude stockpiles. Crude Oil WTI Futures, the U.S. benchmark, recently traded at $66.61 a barrel following the...
Investing.com
Wed, Mar 12
Other
Musk, Ambani join hands in surprise Starlink India internet deal
NEW DELHI, March 12 (Reuters) - Mukesh Ambani's Reliance Jio signed a deal with Elon Musk's SpaceX to bring Starlink satellite internet services to India, a surprise move from the billionaires after being at odds for months over how the country should grant them spectrum.Reuters
Wed, Mar 12
Other
Putin's spy chief holds phone call with CIA director
MOSCOW, March 12 (Reuters) - Russia's foreign intelligence chief, Sergei Naryshkin, held a phone call on Tuesday with the director of the U.S. Central Intelligence Agency, John Ratcliffe, the Interfax news agency reported on Wednesday.They discussed issues of cooperation between their respective...Reuters
Wed, Mar 12
Other
EHang Holdings Says Q4 Revenue RMB 164.3 Million
March 12 (Reuters) - EHang Holdings Ltd EH.O:EHANG HOLDINGS Q4 OPERATING INCOME RMB -55.4 MILLIONEHANG HOLDINGS Q4 NET INCOME RMB -46.9 MILLIONEHANG HOLDINGS Q4 ADJUSTED NET INCOME RMB 36.4 MILLIONEHANG HOLDINGS Q4 REVENUE RMB 164.3 MILLIONEHANG HOLDINGS Q4 ADJUSTED OPERATING INCOME RMB 27.9 MILLION...Reuters
Wed, Mar 12
Cryptocurrencies
Trump officially slaps 25% tariffs on all aluminum and steel imports, EU responds with counter tariffs
Trump has officially imposed 25% tariffs on all steel and aluminum imports, ending the 2018 exemptions. The move underlines his February plan to reduce foreign imports into the country to promote US factory jobs. AP News reported that these tariffs will go into effect for Canada, Mexico, China, the EU, Brazil, and South Korea. Earlier, […]Cryptopolitan
Wed, Mar 12
Other
Russia's Lavrov on Ukraine deal: Moscow will not make decisions that jeopardise lives
MOSCOW, March 12 (Reuters) - Russian Foreign Minister Sergei Lavrov said in an interview published on Wednesday, speaking in the context of a possible Ukraine peace deal, that Moscow will avoid compromises that would jeopardise people's lives, Russian agencies reported.He reiterated Russia's...Reuters
Wed, Mar 12
Commodities
Greenland's independence gradualists win election amid Trump control pledge
Independence the key campaign theme after Trump interestTrump says Greenland vital to US security, wants controlNaleraq party comes second, aims for secession deal with DenmarkBy Jacob Gronholt-Pedersen and Tom Little NUUK, Greenland, March 11 (Reuters) - Greenland's pro-business oppositi...Reuters
Wed, Mar 12
Economic Indicator
UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.
UK Trade Minister Jonathan Reynolds said on Wednesday that they are “negotiating a wider economic agreement to eliminate additional tariffs.” Further comments It's disappointing that the US has imposed global tariffs on steel and aluminum.
Fxstreet
Wed, Mar 12
Other
Zealand Pharma, Roche Enter Collaboration And License Agreement
March 12 (Reuters) - Zealand Pharma A/S ZELA.CO:ZEALAND PHARMA AND ROCHE ENTER COLLABORATION AND LICENSE AGREEMENT TO CO-DEVELOP AND CO-COMMERCIALIZE PETRELINTIDE AS A FUTURE FOUNDATIONAL THERAPY FOR PEOPLE WITH OVERWEIGHT AND OBESITYTO RECEIVE $1.65 BILLION IN UPFRONT PAYMENTSTOTAL CONSIDERATION UP...Reuters
Wed, Mar 12
Stocks
Nasdaq Sell-Off: 2 Pullback Stocks to Buy and Hold for a Decade
After a sharp rise the past few years, the stock market has had a rocky start to 2025. Concerns that President Donald Trump's tariff policies could send the economy into a recession have extended the declines for the major market indexes over the last few weeks. The tech-centric Nasdaq Composite (NA...The Motley Fool
Wed, Mar 12
Other
Two Seven & i outside directors resign
TOKYO, March 12 (Reuters) - Two outside directors of Japan's Seven & i Holdings 3382.T have resigned, the convenience store operator said on Wednesday.Jennifer Rogers and Elizabath Meyerdirk resigned effective Tuesday, the company said in a statement.The company has been fending off a $47 bi...Reuters
Wed, Mar 12
Cryptocurrencies
Bitcoin Bearish Signal: Miner Deposits To Exchanges Spike
On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC’s price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post, miners are upping their selling pressure. The on...Bitcoinist
Wed, Mar 12
