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Stocks
Japanese shares tumble as US tariffs cloud global economic outlook; automakers skid
Updates with comments TOKYO, Feb 3 (Reuters) - Japanese shares fell 2% on Monday, led by automakers, as worries grew about the global economy after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China.The Nikkei .N225 had declined 2.1% to 38,757.43 by 0127 GMT, while the broade...Reuters
Feb 3, 2025
Other
US energy producer Talos set to name Shell's Goodfellow as next CEO, sources say
By David French and Andres Gonzalez Feb 2 (Reuters) - Talos Energy TALO.N, a mid-sized U.S. oil producer with operations in the Gulf of Mexico, is poised to name veteran Shell SHEL.L executive Paul Goodfellow as its next CEO, two people familiar with the matter said on Sunday.The appointment of G...Reuters
Feb 3, 2025
Commodities
GRAINS-Corn drops 1.5% on US tariffs; wheat, soybeans down
SINGAPORE, Feb 3 (Reuters) - Chicago corn futures slid more than 1% on Monday, dropping to their lowest in three weeks, while soybeans and wheat dropped after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, threatening to disrupt trade.FUNDAMENTALS* The most-active corn cont...Reuters
Feb 3, 2025
Economic Indicator
WRAPUP 4-Trump says Americans could feel 'pain' in trade war with Mexico, Canada, China
Adds new Trump comments in paragraphs 3-4, 7, market reaction paragraph 8, and analyst comment in paragraphs 10-11US faces retaliation from Canada and MexicoExperts warn of inflation, slower economic growthTrump says tariffs will 'definitely happen' with European UnionUS stock futures down,...Reuters
Feb 3, 2025
Forex
FOREX-Dollar surges on Trump's tariffs, sending global FX 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 prices, adds analysts comments in paragraphs 7, 8, 11 and 12By Kevin Buckland and Ankur Banerjee ...Reuters
Feb 3, 2025
Other
More USAID staff ousted after Trump administration dismantles aid agency
Two top USAID security officials removed after dispute with DOGENearly 100 USAID staff put on leave as Trump seeks overhaul Democrats question the legality of USAID revampGlobal aid programs at risk due to US foreign aid freezeUSAID website down, signaling potential agency closureAdds Trump comments...Reuters
Feb 3, 2025
Other
US Defense Secretary Hegseth to visit border on first trip
By Idrees Ali and Phil Stewart WASHINGTON, Feb 2 (Reuters) - U.S. Defense Secretary Pete Hegseth's first trip since taking office will be to the United States' border with Mexico on Monday, in the latest sign that fortifying the border will be a priority for the Pentagon under President D...Reuters
Feb 3, 2025
Other
Ukraine's drone attack sparks fire, forces flight suspensions at several Russian airports
MELBOURNE, Feb 3 (Reuters) - Ukraine's overnight drone attack sparked a fire in Russia's Astrakhan region and forced the suspension of flights at several airports, Russian officials said on Monday. "Ukrainian armed forces attempted a drone attack on objects located in the region, includi...Reuters
Feb 3, 2025
Commodities
METALS-Trade war fears push LME base metals lower
Feb 3 (Reuters) - LME base metals dipped on Monday, with copper hitting its lowest level in more than three weeks, as U.S. President Donald Trump's 10% tariff on imports from China, the top metals consumer, fuelled trade war concerns and added uncertainty to the market. Benchmark copper CMCU...Reuters
Feb 3, 2025
Economic Indicator
China factory activity growth slows in January, Caixin PMI shows
Slowdown comes as Trump orders tariffs on China, othersDomestic demand improves but export orders fall for second monthFactories cut selling prices the most since 2023 on competition BEIJING, Feb 3 (Reuters) - China's factory activity grew at a slower pace in January, while staffing levels fe...Reuters
Feb 3, 2025
Commodities
PRECIOUS-Gold dips as dollar strengthens on Trump tariffs
Feb 3 (Reuters) - Gold prices fell in early Asian hours on Monday, pressured by a stronger dollar as fears of a global trade war mounted after U.S. President Donald Trump imposed sweeping tariffs on Canada, Mexico and China over the weekend.FUNDAMENTALS* Spot gold XAU= dipped 0.6% to $2,784.84 per o...Reuters
Feb 3, 2025
Stocks
Is CrowdStrike Stock a Buy Now?
CrowdStrike Holdings (NASDAQ: CRWD) stock has made a remarkable recovery on the market in the past six months following a faulty software update on July 19 last year that caused a global IT outage and sent its shares plummeting.The outage hit millions of computers around the globe, affecting airline...The Motley Fool
Feb 3, 2025
Commodities
RPT-EXCLUSIVE-Volkswagen sues India to quash 'enormous' $1.4 bln tax demand, legal filing shows
Repeats story published on Sunday, no changes to textIndia's biggest import tax demand rattles VolkswagenNotice puts in peril $1.5 billion investment, company saysVolkswagen India cites Amazon shopping example to defend caseAutomaker argues all taxes were paid in line with rulesBy Aditya Kalra, ...Reuters
Feb 3, 2025
Stocks
REFILE-GLOBAL MARKETS-Stocks slump, dollar soars as Trump tariffs trigger trade war
Corrects to fix typographical errors in first two bulletsAsia markets, US futures fall as Trump's tariffs spark trade war fearsTrump slaps tariffs on Canada, Mexico and China U.S. dlr hits record highs vs yuan; peso, Canadian dlr tumbleBy Kevin Buckland TOKYO, Feb 3 (Reuters) - Asian stock ma...Reuters
Feb 3, 2025
Other
Rubio tells Panama to end China's influence of canal or face US action
Rubio says Trump sees status quo at Panama Canal as unacceptable Sovereignty over the canal is not up for discussion, Mulino saysU.S. believes China's influence violates neutrality treatyRubio on Latin America tour in first overseas trip as top U.S. diplomatAdds Trump comments in paragraphs 7-9B...Reuters
Feb 3, 2025
Stocks
Taiwan tech stocks drop after Trump tariff announcements
TAIPEI, Feb 3 (Reuters) - Technology stocks in Taiwan dropped on Monday with major chipmaker TSMC 2330.TW sliding 6% and Apple supplier Foxconn 2317.TW down 8% after U.S. President Donald Trump announced tariffs on Canada, Mexico and China.Taiwan's benchmark index .TWII was down around 4%. Finan...Reuters
Feb 3, 2025
