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FOREX-Euro gets lift from German debt brake reform as currencies mired in trade war fallout
Euro rises to highest since November 13Risk appetite fragile as investors assess trade war impactChina keeps 2025 economic growth target unchanged at roughly 5%By Rae Wee SINGAPORE, March 5 (Reuters) - The euro rose to its strongest level in nearly four months on Wednesday after Germany's con...Reuters
Wed, Mar 5
Commodities
China to boost coal supply capability and enhance fuel's role as baseline power
BEIJING, March 5 (Reuters) - China said on Wednesday it would continue to enhance coal production and the fuel's role as a baseline power source.In a wide ranging official report released on Wednesday, China also said it would push ahead with reforms to how clean energy is priced in the grid. Ch...Reuters
Wed, Mar 5
Stocks
Comscore Inc reports results for the quarter ended December 31 - Earnings Summary
Comscore Inc SCOR.OQ reported a quarterly adjusted loss of 27 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-6.69. The mean expectation of two analysts for the quarter was for earnings of 59 cents per share. Wall Stree...Reuters
Wed, Mar 5
Other
Toyota aims for consistent return on equity, finance executive says
TOKYO, March 5 (Reuters) - Toyota Motor 7203.T is increasingly focusing on return on equity as a performance measure, talking internally about raising ROE to 20% as one guideline, a senior finance executive at the Japanese automaker said during an interview on Monday.
Reuters
Wed, Mar 5
Stocks
Box Inc reports results for the quarter ended January 31 - Earnings Summary
Box Inc BOX.N reported quarterly adjusted earnings of 42 cents per share for the quarter ended January 31, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 40 cents to ...Reuters
Wed, Mar 5
Other
Trump signaled privately he will stick with tariffs, New York Times reports
WASHINGTON, March 4 (Reuters) - U.S. President Donald Trump has signaled privately that he is going to stick with tariffs, The New York Times reported on Tuesday, after Commerce Secretary Howard Lutnick said earlier in the day that Trump may reach a middle ground with Canada and Mexico on tariffs. ...Reuters
Wed, Mar 5
Stocks
Bitcoin Was Down 16% in 30 Days. Here's Why I Bought More.
Until Sunday's social-media announcement from President Donald Trump about the planned strategic cryptocurrency reserve, Bitcoin (CRYPTO: BTC) wasn't doing so well, falling by 17% in the prior month. Now, it's almost entirely recovered. With an investment in stocks, that kind of volatile performance...The Motley Fool
Wed, Mar 5
Stocks
GLOBAL MARKETS-US dollar pressured by Trump trade war as China NPC begins
By Kevin Buckland TOKYO, March 5 (Reuters) - The U.S. dollar drooped near a three-month low versus major peers on Wednesday while shares in Asia were mixed after the latest round of U.S. tariffs and countermeasures from Canada and China stoked fears of an escalating trade war.China's yuan was...Reuters
Wed, Mar 5
Commodities
Trudeau dismisses 'very dumb' tariffs, says Trump wants to ruin Canadian economy
Canada imposes 25% tariffs on some US imports in retaliationTrudeau accuses Trump of wanting to ruin Canadian economyEconomists warn Canada may face recession if tariffs persistBy David Ljunggren and Promit Mukherjee OTTAWA, March 4 (Reuters) - Prime Minister Justin Trudeau told U.S. President Do...Reuters
Wed, Mar 5
Other
South Korea prepares $34 bln fund for national strategic industries
SEOUL, March 5 (Reuters) - South Korea will establish a $34 billion policy fund to provide financial support to domestic companies involved in strategic technologies such as chips and autos amid intensifying global competition and protectionism, the government said on Wednesday. "Competitivenes...Reuters
Wed, Mar 5
Economic Indicator
China's Finance Ministry says will step up the pace of fiscal spending
China's finance ministry stated early Wednesday that the government will increase the intensity of fiscal spending and will adopt more proactive, sustainable, robust, and effective fiscal policies in 2025.Fxstreet
Wed, Mar 5
Stocks
Ross Stores Inc reports results for the quarter ended January 31 - Earnings Summary
Ross Stores Inc ROST.OQ reported quarterly adjusted earnings of $1.79 per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.82. The mean expectation of eighteen analysts for the quarter was for earnings of $1.66 per share. Wall Stre...Reuters
Wed, Mar 5
Stocks
OrthoPediatrics Corp reports results for the quarter ended December 31 - Earnings Summary
OrthoPediatrics Corp KIDS.OQ reported a quarterly adjusted loss of 69 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of six analysts for the quarter was for a loss of 31 cents per share. Wa...Reuters
Wed, Mar 5
Other
Samsung SDI CEO says EV demand to remain sluggish until H1 of 2026
SEOUL, March 5 (Reuters) - The chief executive of South Korean battery maker Samsung SDI 006400.KS said on Wednesday demand for electric vehicles will remain sluggish until the first half of next year.CEO Choi Joo-sun also told reporters at a major battery expo that the company's earnings will l...Reuters
Wed, Mar 5
Commodities
GRAINS-Soybeans, corn rebound from 2-month lows; wheat firms
SINGAPORE, March 5 (Reuters) - Chicago soybeans and corn bounced back on Wednesday, recovering form their lowest levels since early January, although worries over escalating trade tensions between U.S. and its key trading partners capped the upside.Wheat gained ground, rising for the first time in e...Reuters
Wed, Mar 5
Other
Soccer-Japanese trailblazer, World Cup winner Nagasato hangs up her boots
TOKYO, March 5 (Reuters) - Japanese World Cup winner Yuki Nagasato, who in 2020 made history by briefly signing on loan for a men's team, has called time on her 24-year professional career at the age of 37. The striker played 132 times for her country, including at the 2011 World Cup where she c...Reuters
Wed, Mar 5
Stocks
CK Hutchison shares to rise 14.9% after Panama Canal stake sale to BlackRock
March 5 (Reuters) - Shares of Hong Kong conglomerate CK Hutchison 0001.HK are set to rise 14.9% on Wednesday after the sale of a majority stake in its ports unit, which includes key assets that run either side of the Panama Canal, to a BlackRock BLK.N led group.Reuters
Wed, Mar 5
Stocks
Rigel Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary
Rigel Pharmaceuticals Inc RIGL.OQ reported quarterly adjusted earnings of 80 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of six analysts for the quarter was for earnings of ...Reuters
Wed, Mar 5
Other
Bain-owned Virgin Australia places insider Emerson at helm of the firm
March 5 (Reuters) - Carrier Virgin Australia IPO-VIR.AX said on Wednesday it had picked Dave Emerson, its chief commercial officer, for its top seat, succeeding Jayne Hrdlicka, while the airline works to relist itself on the local stock exchange. Hrdlicka, who announced her intention to step down in...Reuters
Wed, Mar 5
