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Forex
FOREX-Dollar on defensive as Trump tariffs fuel economic worries
Euro hovers near 5-month high on Ukraine peace hopesLoonie steady before BoC after swinging on tariff flip flopBitcoin holds ground at $82,821 after bounceBy Kevin Buckland TOKYO, March 12 (Reuters) - The dollar languished near a five-month low versus major peers on Wednesday, as worries about th...Reuters
Wed, Mar 12
Commodities
CERAWEEK-Virginia governor say US must develop fusion or fall behind China on energy
NEW YORK, March 11 (Reuters) - The United States must expedite its development of fusion energy or risk falling behind China on energy dominance, said Virginia Governor Glenn Youngkin at the CERAWeek energy conference in Houston on Tuesday. Virginia is home to the world's biggest hub of energy-h...Reuters
Wed, Mar 12
Stocks
Nasdaq Correction: 2 Top Stocks to Buy and Hold Forever
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is officially in a correction, with the tech-heavy Nasdaq-100 index down about 12% from its recent high. And while there are some stocks that still look rather pricey, even after the downturn, there are some excellent bargains to be found for patient long-te...The Motley Fool
Wed, Mar 12
Economic Indicator
PM Albanese: Retaliatory measures would only increase costs for Australian consumers and fuel inflation
Australia’s Prime Minister (PM) Albanese said on Wednesday that “retaliatory measures would only increase costs for Australian consumers and fuel inflation.” PM Albanese confirmed that “Australia will not impose reciprocal tariffs on the United States (US).” His comments come after US President Donald Trump proceeded with 25% tariffs on all imported steel and aluminium.
Fxstreet
Wed, Mar 12
Other
US top diplomat Rubio welcomes Syrian deal with Kurdish forces
By Kanishka Singh WASHINGTON, March 11 (Reuters) - U.S. Secretary of State Marco Rubio said on Tuesday that Washington welcomed an agreement between the Kurdish-led and U.S.-backed Syrian Democratic Forces (SDF) and Syria's new government. The SDF, which controls much of Syria's northeast...Reuters
Wed, Mar 12
Commodities
Oil prices rise on weak dollar, but concerns over tariff impact cap gains
By Nicole Jao March 12 (Reuters) - Oil prices edged up early on Wednesday, helped by a weaker dollar, but mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth capped gains.Brent LCOc1 futures rose 27 cents, or 0.39%, to $69.83 a barrel at 0110 GMT, while ...Reuters
Wed, Mar 12
Stocks
South Korean shares rise more than 1% as chipmakers jump
KOSPI rises, foreigners net buyersKorean won little changed against dollarSouth Korea benchmark bond yield rises SEOUL, March 12 (Reuters) - Round-up of South Korean financial markets:** South Korean shares rose on Wednesday, led by chipmakers tracking gains in U.S. peers, with market focus on U....Reuters
Wed, Mar 12
Cryptocurrencies
Dogecoin’s 66% Pullback Not Out Of The Ordinary, Here’s What Happened The Last Two Times
Dogecoin’s price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure. Notably, this decline has resulted in a pullback of about 66% from the December 2024 high. Such ...Bitcoinist
Wed, Mar 12
Other
Trump administration eyes cuts to Justice Department public corruption unit, people familiar say
Prosecutors told to prepare for reassignmentsSection resisted dropping case against New York mayorUnit handles many politically sensitive cases By Sarah N. Lynch and Andrew Goudsward WASHINGTON, March 11 (Reuters) - President Donald Trump's administration is considering cutting most of the la...Reuters
Wed, Mar 12
Stocks
Trump says violence against Tesla is domestic terrorism
WASHINGTON, March 11 (Reuters) - Violence against Tesla dealerships will be labeled domestic terrorism and perpetrators will "go through hell," U.S. President Donald Trump said on Tuesday in a show of support for the electric carmaker's chief, his ally Elon Musk.Reuters
Wed, Mar 12
Other
Ukrainian foreign minister informs European partners about 'milestone' talks with US
March 12 (Reuters) - Ukrainian Foreign Minister Andrii Sybiha said on Wednesday that he informed a number of European counterparts about the "milestone" talks with the United States where Kyiv said it was ready to support Washington's proposal for a 30-day ceasefire. After more than ei...Reuters
Wed, Mar 12
Stocks
Trump defends tariffs before corporate America as stocks sell off
WASHINGTON, March 11 (Reuters) - U.S. President Donald Trump defended his use of tariffs and said they could multiply as he met on Tuesday with the CEOs of America's biggest companies, many of whom have watched their market value crater over recession and inflation fears.Reuters
Wed, Mar 12
Other
US top diplomat Rubio welcomes Syrian deal with Kurdish forces
WASHINGTON, March 11 (Reuters) - U.S. Secretary of State Marco Rubio said on Tuesday that Washington welcomed an agreement between the Kurdish-led and U.S.-backed Syrian Democratic Forces (SDF) and Syria’s new government. The SDF, which controls much of Syria's northeast, signed an agreement to ...Reuters
Wed, Mar 12
Other
USAID employees ordered to shred records, court filing says
Unions claim shredding violates federal record-keeping lawPlaintiffs seek restraining order to prevent record destructionJudge orders status report on motion by Wednesday morningBy Brendan Pierson March 11 (Reuters) - An official at the U.S. Agency for International Development has ordered employ...Reuters
Wed, Mar 12
Commodities
Canadian energy minister says Ottawa will respond to any US tariffs
WASHINGTON, March 11 (Reuters) - Canadian Energy Minister Jonathan Wilkinson told CNN on Tuesday his country will respond to any tariffs from the U.S. while also adding Canada was not looking to escalate or provoke trade tensions between the two countries.The energy minister said Canada was not inte...Reuters
Wed, Mar 12
Commodities
Australia rules out reciprocal move on US after Trump proceeds with steel tariffs
Trump's decision 'entirely unjustified', Australia PM saysAlbanese seeks phone call with Trump, rules out US tripTariffs to impact metal producers, indirectly hit minersBy Renju Jose SYDNEY, March 12 (Reuters) - Australia will not impose reciprocal tariffs on the United States, Prime ...Reuters
Wed, Mar 12
Stocks
Aussie real estate stocks dip on reports of no tariff exemption for Australia
** Australian real estate stocks .AXRE drop as much as 1.5% to 3,533.80 points to their lowest levels since July 2, 2024** The real estate sub-index falls after local media reported that Australia will not be exempt from U.S. steel and aluminium tariffs that U.S. President Donald Trump's adminis...Reuters
Wed, Mar 12
