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Today: April 08, 2025
Today: April 08, 2025
Reuters

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Trump leaves emerging market central banks with no clean choices

U.S.

Trump leaves emerging market central banks with no clean choices
Asia|Economy|Finance|Political|Stock Markets

Taiwan central bank says it will intervene if needed to ensure forex stability

Taiwan's central bank said on Monday that it will intervene if necessary to ensure the stability of the Taiwan dollar exchange rate and that it has "sufficient ability" to deal with

Taiwan central bank says it will intervene if needed to ensure forex stability
Business|Economy|Europe|Finance|Stock Markets

Barclays cuts its STOXX 600 target again, says crisis muddying forecasts

Barclays on Monday cut its year-end target for Europe’s STOXX 600 index for the second time in under a month as escalating trade tensions and U.S. tariffs fueled recession fears.

Barclays cuts its STOXX 600 target again, says crisis muddying forecasts
Business|Economy|Europe|Finance|Stock Markets

Britain's JD Sports underperforms market rout on US exposure

Shares in British sportswear retailer JD Sports Fashion underperformed a stock market rout on Monday, reflecting both its heavy exposure to key partner Nike and U.S. tariffs.

Britain's JD Sports underperforms market rout on US exposure
Business|Economy|Finance|Political|Stock Markets|US

S&P 500 on pace to confirm bear market as Trump's tariffs hammer stocks

The S&P 500 index slumped further on Monday and was down more than 20% from its all-time highs, putting the most closely followed benchmark for U.S. equities on track to

S&P 500 on pace to confirm bear market as Trump's tariffs hammer stocks
Business|Economy|Europe|Finance|Political|US|World

Euro zone investor morale in April hammered by Trump tariffs

Investor morale in the euro zone tumbled in April to its lowest point in more than a year, a survey showed on Monday, as U.S.

Economy|Finance|Political|Stock Markets|World

Demand for dollars from non-U.S investors surges as stocks crumble

Money markets on Monday began showing signs of strain following an aggressive selloff engulfing global equities, sending various measures of demand for dollars to their strongest in

Demand for dollars from non-U.S investors surges as stocks crumble
Europe|Political

Serbia's Vucic nominates medical professor as prime minister

Serbian President Aleksandar Vucic has nominated a politically inexperienced medical professor, Djuro Macut, to become prime minister after the previous occupant resigned during

Serbia's Vucic nominates medical professor as prime minister
Business|Economy|Finance|Political|Stock Markets|US

Dow, S&P 500 end wild session lower, Trump digs in on tariffs

The S&P 500 and the Dow closed lower on Monday after a roller coaster session, with investors worried about an economic slowdown and rising inflation as

Dow, S&P 500 end wild session lower, Trump digs in on tariffs
Asia|Business|Technology|World

Microsoft venture Wicresoft to halt China operations, lay off staff, report says

Microsoft's joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on

Microsoft venture Wicresoft to halt China operations, lay off staff, report says
Asia|Business|Economy|Technology

CATL in talks to buy controlling stake in Nio's power unit, sources say

Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio's power unit, which runs more than 3,000 battery swapping stations in China, four

CATL in talks to buy controlling stake in Nio's power unit, sources say
Asia|Business|Economy|Finance|Political|Stock Markets

What measures are Asian policymakers taking as market rout deepens?

Policymakers cross Asia are preparing measures to support financial markets as a rout deepened following sweeping tariffs announced by U.S.

What measures are Asian policymakers taking as market rout deepens?
Business|Economy|Europe|Finance|Political

Spain pushes to expand aid plan for industries hit by U.S. tariffs

Spanish Economy Minister Carlos Cuerpo said on Monday he would push the European Union to approve aid for industries hit by US tariffs at a meeting of EU trade ministers to be held

Spain pushes to expand aid plan for industries hit by U.S. tariffs
Business|Economy|Europe|Political|World

Ireland sees EU consensus for 'calm, measured' response to Trump tariffs

Ireland's trade minister on Monday said he believes there is a strong consensus among European Union countries for a "calm, measured" response to U.S.

Ireland sees EU consensus for 'calm, measured' response to Trump tariffs
Asia|Political|US|World

China says it complains to US about Taiwan delegation's Washington visit

China's foreign ministry said on Monday the country had lodged representations with the United States over reports that a Taiwan delegation was in Washington to meet with the Trump

China says it complains to US about Taiwan delegation's Washington visit
Asia|Business|Economy|Finance|Stock Markets

China sovereign fund steps in to support stocks plunging on trade war

China intervened on Monday to support domestic stocks plunging on U.S. tariff woes, with a sovereign wealth fund increasing its holdings in

China sovereign fund steps in to support stocks plunging on trade war
Business|Economy|Europe|Finance|Stock Markets

European bank shares on course for bear market

An index of European banking <.SX7P shares fell 4.8% on Monday, falling more than 20% from recent closing high and leaving it on course to confirm it is in a bear market.

European bank shares on course for bear market
Asia|Political|World

China holds military drills at newly expanded Cambodian naval base

China and Cambodia on Sunday held joint military exercises at a newly expanded naval base on the coast of the Gulf of Thailand, a facility the United States worries could become a

Asia|Business|Economy|Political

China tells US companies it will protect rights of foreign-funded firms

China's Vice Commerce Minister Ling Ji told U.S. companies including Tesla and GE Healthcare that the country would always protect the rights of foreign-funded firms in China, including

China tells US companies it will protect rights of foreign-funded firms
Business|Economy|Europe

Airbus delivered 71 airplanes in March, sources say

Airbus delivered 71 jets in March, bringing first-quarter deliveries to 136 units, industry sources said.

Airbus delivered 71 airplanes in March, sources say
Asia|Business|Economy|Political|Technology|US

US companies most vulnerable to China's retaliatory import tariffs

China's move to impose 34% tariffs on all U.S. goods in a tit-for-tat blow against U.S. President Donald Trump is set to roil industries from aviation to agriculture.

US companies most vulnerable to China's retaliatory import tariffs
Asia|Business|Economy|Political|World

Indonesia wants fair and equal relationship with US, President says

Indonesia wants a fair and equal relationship with the U.S., and will pursue diplomacy to address a 32% tariff rate imposed by the Trump administration, President Prabowo Subianto

Indonesia wants fair and equal relationship with US, President says
Asia|Business|Economy|Finance|Political|Stock Markets|US

Tariff medicine's crippling side effects

A look at the day ahead in European and global markets from Wayne Cole Another day, another rout in Asian markets as President Trump shows no sign of backing away from his tariff plans

Tariff medicine's crippling side effects
Asia|Business|Economy|Finance|World

BOJ says uncertainty for Japan economy growing as Trump tariffs rock markets

The Bank of Japan said uncertainty over Japan's economy was growing as some firms worried about the hit to profits from higher U.S. duties, a sign that President

BOJ says uncertainty for Japan economy growing as Trump tariffs rock markets
Asia|Economy|Finance|Political|Stock Markets

Global credit starts to wobble as market pain spreads

Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default higher, as

Global credit starts to wobble as market pain spreads

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