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Commodities
COMMODITIES-Metals, farm products slide as Trump slaps tariffs on key partners
Base metals, farm products fall on global growth worriesCanada, Mexico, China vow retaliation against US tariffsOil rises on fears of supply disruptions from Canada, MexicoBy Naveen Thukral SINGAPORE, Feb 3 (Reuters) - Prices of industrial metals and agricultural products took a hit on Monday as ...Reuters
Feb 3, 2025
Other
PRESS DIGEST- New York Times business news - Feb 3
Feb 3 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The Trump administration has ended Temporary Protected Status for more than 300,000 Venezuelans in the United States, leaving the p...Reuters
Feb 3, 2025
Forex
FOREX-Dollar surges on Trump's tariffs, sending peers to multi-year lows
Trump delivers on promise of tariffs on Mexico, Canada and ChinaCanada, Mexico vow retaliatory measures, stoking trade war fearsEuro plunges to lowest since 2022, bitcoin slumps below $100,000Updates to Asia afternoonBy Kevin Buckland and Ankur Banerjee TOKYO/SINGAPORE, Feb 3 (Reuters) - The doll...Reuters
Feb 3, 2025
Commodities
Indonesia to set gas price cap for power sector at $7/MMBtu, $6.5/MMBtu for selected sectors, minister says
JAKARTA, Feb 3 (Reuters) - Indonesia will set a gas price cap for the power sector at $7/Metric Million British Thermal Unit (MMBtu) and $6.5/MMBtu for selected sectors, its energy minister said on Monday.Reuters
Feb 3, 2025
Other
BRIEF-Lupin Gets Tentative Approval From U.S. FDA For Darunavir, Cobicistat Tablets
Feb 3 (Reuters) - Lupin Ltd LUPN.NS:GETS TENTATIVE APPROVAL FROM U.S. FDA FOR DARUNAVIR, COBICISTAT TABLETSGETS TENTATIVE APPROVAL FROM U.S. FDA FOR EMTRICITABINE, TENOFOVIR ALAFENAMIDE TABLETSFurther company coverage: LUPN.NSReuters
Feb 3, 2025
Stocks
BUZZ-Jefferies upgrades Whirlpool India to 'hold' after sharp fall, budget tax relief
** Whirlpool of India WHIR.NS up 3.7% at 1219.95 rupees** Jefferies raises to 'hold' from 'underperform', saying budget's income tax cuts is positive for consumer durables demand** Says WHIR's valuation is better after sharp ~35% slide as parent Whirlpool WHR.N cuts stake; ad...Reuters
Feb 3, 2025
Stocks
MORNING BID EUROPE-Trump tariff reality unnerves markets
A look at the day ahead in European and global markets from Kevin BucklandWhatever investors expected from Donald Trump's tariff threats, or from the target countries' responses, they may have ended up with more than they bargained for.Equity indexes met with aggressive selling in Asia and l...Reuters
Feb 3, 2025
Other
BRIEF-Softbank CEO Son - SoftBank And OpenAI Will Have 50% Each In SB OpenAI Japan
Feb 3 (Reuters) - SoftBank Group Corp 9984.T CEO Masayoshi Son:SOFTBANK AND OPENAI STRUCK AN AGREEMENT TO DEPLOY 'CRISTAL' TO ENTERPRISESWE WILL BEGIN THIS INITIATIVE IN JAPANSOFTBANK AND OPENAI WILL HAVE 50% EACH IN SB OPENAI JAPANWE SIGNED AN MOU THIS MORNINGFurther company coverage: 9984....Reuters
Feb 3, 2025
Other
Malaysia's AMMB cancels $249 million sale of insurance units to Great Eastern
Updates with details from the stock exchange filing in paragraphs 2 and 3, and share performance in paragraph 4SINGAPORE, Feb 3 (Reuters) - Malaysian lender AMMB Holdings AMMB.KL said on Monday that the proposed sale of its Malaysian insurance businesses, jointly owned with MetLife, to Singapore ins...Reuters
Feb 3, 2025
Other
BRIEF-Dev Information Technology Wins Two Cybersecurity Contracts From USA Enterprise
Feb 3 (Reuters) - DEV Information Technology Ltd DEVN.NS:WINS TWO CYBERSECURITY CONTRACTS FROM USA ENTERPRISECONTRACTS TO CONTRIBUTE ANNUAL REVENUE OF USD 250,000Source text: ID:nBSE6LFcKCFurther company coverage: DEVN.NSReuters
Feb 3, 2025
Stocks
Offshore Chinese stocks, yuan fall after US tariffs; stimulus in focus
Update prices, add quotes HONG KONG, Feb 3 (Reuters) - Chinese stocks listed in Hong Kong and the offshore yuan skidded early on Monday as markets reopened after the Lunar New Year to U.S. President Donald Trump's new tariffs, but expectations of increased domestic policy support helped pare ...Reuters
Feb 3, 2025
Economic Indicator
WRAPUP 1-Trump says Americans may feel 'pain' in trade war with Mexico, Canada, China
US faces retaliation from Canada and MexicoExperts warn of inflation, slower economic growthTrump says tariffs will 'definitely happen' with European UnionStock markets fall, dollar surges, oil prices riseBy Jarrett Renshaw, Daphne Psaledakis and David Lawder WASHINGTON, Feb 3 (Reuters) -...Reuters
Feb 3, 2025
