Keyword "DEST:M" - List of latest news (1 433 results)

12:31 Exclusive: US-China fentanyl talks hang by thread amid trade war

Talks continue between the U.S. and China on tackling the fentanyl epidemic amid the bitter trade war between the world’s two largest economies, four U.S. officials familiar with the discussions told Reuters, even as American negotiators claim the Chinese are failing to negotiate in good faith.

12:10 Kremlin says sides in Ukraine peace talks still need to narrow their differences

The Kremlin said on Wednesday that countries involved in peace talks around Ukraine still needed to narrow their differences and that there were "a lot of nuances" that needed to be worked out before any deal could be reached.

11:26 Kashmir killings shatter Modi's tourism success in troubled region

Images and videos of gunshots ringing out in a meadow, bloodied bodies lying on the ground, and people fleeing across a dry river bed have shattered Kashmir's emergence as India's new tourism hotspot.

07:51 Switzerland flexes financial muscle ahead of tariff date in Washington

Top Swiss officials will this week test whether big commitments to the U.S. can help secure relief from import tariffs, after pharma giant Roche followed its cross-town rival Novartis in announcing major investments in the United States.

07:51 Japan's factory activity shrinks on tariff woes, services perk up, PMI shows

Japan's factory activity shrank for the tenth consecutive month in April as confidence among manufacturers dived to almost 5-year lows, dented by worries about U.S. President Donald Trump's tariff policies, a private-sector survey showed on Wednesday.

07:51 Australia's conservative opposition leader Dutton pledges defence boost if elected

Australia's conservative opposition party leader Peter Dutton, trailing in polls related to the May 3 election, has pledged to boost defence spending to 3% of gross domestic product within a decade, as the Trump administration pushes allies to spend more on security.

06:48 Morning Bid: Trump's Fed backflip sets off relief rally

A look at the day ahead in European and global markets from Kevin Buckland

05:59 Attack on tourists in India's Kashmir kills 26, injures 17, police say

Twenty-six people were killed and 17 were injured when suspected militants opened fire at tourists in India's Jammu and Kashmir territory, police said on Wednesday, the worst such attack in the country in nearly two decades.

05:59 Zelenskiy says Chinese citizens working at drone production site in Russia

President Volodymyr Zelenskiy said on Tuesday that Chinese citizens were working at a drone production site in Russia and suggested that Moscow may have "stolen" drone technology from China.

05:59 Dollar surges then steadies as Trump backs down on Fed attacks

The U.S. dollar rose sharply and then steadied on Wednesday as President Donald Trump backed away from threats of firing Federal Reserve Chair Jerome Powell in a relief to investors while optimism around trade deals lifted beaten down sentiment.

04:21 South Korea to seek speedy solution on auto tariffs in US trade talks

South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S. counterparts and is also prepared for the prospect of Washington bringing up the issue of defence costs.

04:21 Oil rises 1% on Iran sanctions, drop in US crude stocks

Oil prices rose almost 1% in early trade on Wednesday, extending the prior day's gains as investors weighed a fresh round of sanctions on Iran, a drop in U.S. crude stocks and a softer tone from Donald Trump on the Federal Reserve.

03:43 Focus: Hyundai Steel's $6 bln US investment draws investor ire, tests Seoul's tariff strategy

In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a $6 billion investment in the U.S., the company organised a call with a dozen investors to calm nerves over the project that lacked detailed funding plans.

03:41 Stocks, dollar rebound in Asia as Trump steps back

Stock markets were enjoying a much-needed relief rally in Asia on Wednesday after President Donald Trump said he had no plans to fire the head of the Federal Reserve, and hinted at lower tariffs for China.

00:25 Oil prices settle up nearly 2% on new Iran sanctions, equities rally

Oil prices settled more than $1 per barrel higher on Tuesday as new U.S. sanctions against Iran and rising equity markets helped spark a recovery rally from the prior session's steep selloff.

16:57 Wall St bounces back after selloff as investors focus on earnings

Wall Street's main indexes recovered some ground on Tuesday as investors focused on corporate earnings after President Donald Trump's mounting criticism of Federal Reserve Chair Jerome Powell led to a sharp selloff in the previous session.

22/04 Morning Bid: 'Major loser' reporting for duty

Morning Bid U.S.

22/04 Kremlin: Putin willing to discuss Zelenskiy's call for halt to attacks on civilian infrastructure

Russia is ready to consider a proposal by Ukrainian President Volodymyr Zelenskiy for a halt to attacks by both sides on each other's civilian infrastructure, the Kremlin said on Tuesday.

22/04 Vance seeks closer US-India ties, warns of 'dark time' otherwise

The United States is looking to sell more energy and defence equipment to India, Vice President JD Vance said on a visit to the country, adding that ties between the two countries will shape the century.

22/04 Dollar close to multi-year lows versus euro, Swiss Franc as Trump attacks the Fed

The dollar marked a fresh low against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday as President Donald Trump's attacks on the Federal Reserve raised concerns about the central bank's independence.

22/04 Japan sees little scope for grand deal on yen in talks with US

When Japanese Finance Minister Katsunobu Kato meets his U.S. counterpart Scott Bessent in Washington this week, the yen is shaping up to be a major topic of discussion, though sources say Tokyo will push back against any request to boost its currency.

22/04 Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

Gulf issuers, including Saudi Arabia's $925 billion sovereign wealth fund, are working on a round of bond offerings, according to sources, braving debt markets despite recent turmoil ignited by U.S. President Donald Trump's tariff policies.

22/04 Vietnam clamps down on fraud on US exports, document shows

Vietnam's trade ministry has issued a directive to crack down on illegal transhipment of goods to the United States and other trading partners as it tries to avoid steep U.S. tariffs, according to a document reviewed by Reuters.

22/04 Morning Bid: Trying to contain US market contagion

A look at the day ahead in European and global markets from Wayne Cole.

22/04 'For our country': China's patriots are buying the dip

Retail investors are joining the state-backed "national team" to defend the stock market.

21/04 Pope Francis gave women Vatican roles, but held back on wider changes

One of the most long-lasting impacts of Pope Francis' pontificate may be his appointment of more women than ever before to top Vatican positions.

21/04 Pope Francis spent final day working, despite doctors' orders

After spending more than five weeks in hospital for a bout of double pneumonia, doctors told Pope Francis he needed two months' rest - but the leader of the world's 1.4 billion Catholics kept working right to the end.

21/04 Wall St tumbles as Trump takes aim at Fed Chair Powell

Wall Street's main indexes lost more than 1% each on Monday after U.S. President Donald Trump's attacks against Federal Reserve Chair Jerome Powell fueled concerns about the central bank's autonomy and rattled investors grappling with an intensifying trade war.

21/04 Kremlin says U.S. position ruling out NATO membership for Ukraine gives satisfaction

The Kremlin said on Monday that the position of U.S. President Donald Trump's administration on ruling out NATO membership for Ukraine gave Moscow satisfaction, but declined to comment on Trump's hopes for deal this week.

21/04 Pope Francis, the Argentine pontiff, never returned home

Argentines long waited for Pope Francis to visit the homeland he left in 2013 to become the head of the Roman Catholic Church. With his death on Monday at the age of 88 after a long illness, those hopes for his return end unrealized.

21/04 Exclusive: Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives, sources say

Huawei Technologies (HWT.UL) plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.

21/04 Republican lawmakers face clean-energy conundrum as they work on tax bill

Major clean energy investments in their districts are at odds with Trump's skepticism of the industry.

21/04 Putin praises Pope Francis, sends his condolences

Russian President Vladimir Putin has sent his condolences on the passing of Pope Francis, the Kremlin said on Monday.

21/04 'Profound sorrow': Argentina mourns homegrown Pope Francis

Argentines, fresh from holding Easter family gatherings around the parrilla barbecue, woke on Monday to the sad news that Pope Francis, the former archbishop of Buenos Aires, had died in the Vatican at the age of 88 after battling illness.

21/04 Pope Francis obituary: a pontiff who shook up the Catholic Church

Pope Francis changed the face of the modern papacy more than any predecessor.

21/04 Pope Francis has died, Vatican says

Francis' death comes a day after he had made his first prolonged public appearance.

21/04 Nintendo faces trade war test with Switch 2 launch

Nintendo's Switch became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device.

21/04 Russia launches missiles, drones as Putin's Easter ceasefire ends, Ukraine says

Russia launched missiles and drones targeting Ukraine early on Monday, waking up Kyiv and the eastern half of the country, hours after the one-day Easter ceasefire declared by Russian President Vladimir Putin came to an end.

21/04 Singapore's Keppel gets $1.5 billion in capital commitments for its funds

Keppel , a Singapore-based manager and operator of assets such as data centres, said on Monday that it has secured close to S$2.0 billion ($1.53 billion) of capital commitments from global institutional investors for its flagship funds.

21/04 China keeps lending rates steady; trade war raises bets for stimulus

China kept benchmark lending rates steady on Monday for the sixth successive month, matching market expectations.

20/04 Japan seeks 'fairness' in currency talks with US, Prime Minister Ishiba says

Trump accused Tokyo of intentionally weakening the yen to give its exporters an unfair advantage.

19/04 Taiwan short-selling curbs extended again amid tariff uncertainty

Taiwan's top financial regulator said on Saturday it would extend temporary curbs on the short-selling of shares to help ensure stock market stability, and did not give an end date for when the restrictions might be lifted.

19/04 China shipbuilders rip Trump's 'short-sighted' US port fees

China's shipbuilders on Saturday blasted as "short-sighted" U.S. port fees announced by President Donald Trump's administration on China-linked ships, a measure aimed at the nation's shipbuilding industry.

19/04 Iran, US to hold talks in Rome in bid to reach nuclear deal

Iran and the United States will hold a new round of nuclear talks in Rome on Saturday to resolve their decades-long standoff over Tehran's atomic aims, under the shadow of President Donald Trump's threat to unleash military action if diplomacy fails.

18/04 US, Japan need to 'push back' against China, US envoy says

The United States and Japan need to work together to align their defence forces in the face of an increasingly assertive China, new U.S. Ambassador George Glass said upon his arrival in Tokyo on Friday.

18/04 Fed's Powell is an exemplary central banker, ECB's Villeroy says

U.S. Federal Reserve Chair Jerome Powell is an exemplary central banker, telling the unflattering truth about the U.S. economy and not bowing to political pressure, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday.

18/04 What are Ukraine's critical minerals and why does Trump want them?

Kyiv said on Friday it aims to complete talks by the end of next week about a deal with Washington on jointly exploiting Ukrainian mineral resources, an agreement Ukrainian officials hope will go some way to firming up softening U.S. support for them in their war with Russia.

18/04 Japan's Nikkei notches best week in 3 months on trade deal hopes

Japan's Nikkei share average rose 1% on Friday to clock its best week in three months, as investors turned more hopeful that U.S. President Donald Trump would be able to broker trade deals with some of its top trading partners, including Japan.

18/04 Exclusive: Toyota weighs adding US production of new RAV4 in response to tariffs, sources say

Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit from U.S. tariffs on imported vehicles.

18/04 Japan's core inflation accelerates, complicates BOJ's rate path

Japan's core inflation accelerated in March due to persistent rises in food costs, data showed on Friday, complicating the central bank's task of weighing mounting price pressures against risks to the economy from higher U.S. tariffs.

18/04 LVMH's Arnault lashes out at Brussels over US trade tensions

European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if no solution is found.

17/04 Trading Day: ECB acts, Trump attacks

TRADING DAY

17/04 Oil set for weekly rise after new Iran sanctions

Oil prices rose to the highest in two weeks on Thursday amid low liquidity ahead of the Easter holidays after the United States imposed new sanctions to curb Iranian oil exports, elevating supply concerns.

17/04 Exclusive: Trump supporter Prince reaches deal with Congo to help secure mineral wealth

Prominent Trump supporter Erik Prince has agreed to help Democratic Republic of Congo secure and tax its vast mineral wealth, according to two sources close to the private security executive, a Congolese government official and two diplomats.

17/04 Politics home and after haven't deterred investors from South Africa

Investors have flocked to South Africa's domestic bond markets, betting the country can stay the course on reforms despite political fractures, but tariff threats and the prospect of a global growth slowdown are casting a long shadow.

17/04 Trump says Fed chair Powell's termination can't 'come fast enough!'

U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates.

17/04 Qatari Emir arrives in Moscow for talks with Putin on Ukraine and Middle East

Qatar's Emir Sheikh Tamim bin Hamad Al-Thani arrived in Moscow on Thursday for talks with President Vladimir Putin on Ukraine and Middle East issues, on a trip that the Kremlin described as very important.

17/04 Trump includes US troop costs in tariff talks with Asian allies

The tens of thousands of U.S. troops stationed in South Korea and Japan appear set to be part of President Donald Trump's tariff negotiations, despite efforts by both countries to separate security talks from trade.

17/04 Iranian minister arrives in Russia with a message from Khamenei, state media says

Iranian Foreign Minister Abbas Araqchi landed in Moscow on Thursday to deliver a message from the Islamic Republic's Supreme Leader Ali Khamenei to Russian President Vladimir Putin, Iranian state media reported.

17/04 Exclusive: Japan finance minister 'deeply concerned' over Trump tariff impact

Japan is "deeply concerned" over global economic fallout from U.S. President Donald Trump's trade tariffs, Finance Minister Katsunobu Kato said on Thursday in the government's strongest warning yet as the two nations began trade talks.

17/04 TSMC quarterly profit jumps, upbeat on outlook despite tariff uncertainty

Taiwan's TSMC , the world's largest contract chipmaker, logged a forecast-beating 60% leap in quarterly profit and said it still expects robust growth this year despite U.S. President Donald Trump's unpredictable trade policies.

17/04 Operation Assad: the air mission to smuggle the Syrian despot's valuables

As his enemies closed in on Damascus, Bashar al-Assad, who ruled over Syria with an iron fist for 24 years, used a private jet to spirit away cash, valuables and confidential documents mapping the corporate web behind his wealth.

17/04 Why the yen is the wrong gambit in any US-Japan trade row

U.S. President Donald Trump's desire for a stronger yen against the dollar is almost certain to figure into trade negotiations with Japan underway in Washington, but analysts say any effort to shift the currencies is fraught with risks for both sides.

17/04 Russia downs dozens of drones overnight, Ukraine strikes Shuya for second day

Russian air defence systems destroyed or intercepted 71 Ukrainian drones over six Russian regions overnight, Russia's Defence Ministry said on Thursday.

17/04 Morning Bid: No surprise at Japan talks, except Trump

A look at the day ahead in European and global markets from Rocky Swift

17/04 BOJ warns US tariff uncertainty may hurt confidence, economy

Bank of Japan policymakers on Thursday warned of heightening uncertainty over the fallout from U.S. President Donald Trump's tariffs, saying they could damage household confidence and hurt the country's fragile economy.

17/04 Malaysia PM set to meet Myanmar junta chief amid opposition to talks

Malaysian Prime Minister Anwar Ibrahim is set to hold talks in Bangkok on Thursday with Myanmar's junta chief to push for a ceasefire extension, a meeting criticised by some groups battling the military in the quake-ravaged nation.

17/04 Stocks, dollar on back foot as trade war, Powell comments weigh

Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted near three-year lows.

17/04 More Japanese embracing foreign rice, even before it became a tariff topic

When a severe rice shortage sent prices skyrocketing in Japan last year, Tokyo restaurant owner Arata Hirano did what had once seemed unthinkable: he switched to an American variety.

17/04 Trading Day: When the chips are down

TRADING DAY

17/04 ECB to cut rates again to help economy overcome trade turmoil

The European Central Bank is expected to cut interest rates for the seventh time in a year on Thursday, looking to prop up an already struggling economy that will take a large hit from U.S. tariffs.

16/04 Federal Reserve Chair Jerome Powell speech text April 16, 2025

Thank you for the introduction. I am looking forward to our conversation, Professor Rajan. First, I will briefly discuss the outlook for the economy and monetary policy.

16/04 Ukraine, U.S. make 'substantial progress' on minerals deal, Kyiv says

Ukraine and the United States have made "substantial progress" in their talks on a minerals deal and will sign a memorandum in the near future, first deputy prime minister Yulia Svyrydenko said on Wednesday.

16/04 WTO slashes 2025 trade growth forecast, warns of deeper slump

The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover effects could lead to the heaviest slump since the height of the COVID pandemic.

16/04 Dollar back under pressure, safe havens outperform

The dollar resumed its descent on Wednesday, dropping across the board and losing the most ground to the Swiss franc and the euro as a new bout of tariff-induced nerves gripped markets.

16/04 US stock futures drop, Nvidia tumbles on new curbs on chip exports to China

Wall Street index futures dropped on Wednesday and chip darling Nvidia slumped after the company flagged steep charges from new U.S. curbs on chip exports to China, fuelling worries about the fallout of an escalating trade war.

16/04 China's Xi calls for UN, multilateral systems to be upheld on Southeast Asia trip

China's President Xi Jinping called for support for the international system centred around the United Nations, trade and the rule of law as he continued on a Southeast Asian tour amid a sharp deterioration in China-U.S. relations.

16/04 Hongkong Post suspends goods mail services to US

Hongkong Post said on Wednesday it had suspended goods mail services by sea to the United States and will suspend its air mail postal service for items containing goods from April 27 due to "bullying" U.S. tariffs.

16/04 Britain's audit watchdog probes EY over Post Office scandal

Britain's Financial Reporting Council has opened an investigation into EY over its audit of Post Office Limited, it said on Wednesday, amid the lingering fallout from one of the country's worst miscarriages of justice.

16/04 China appoints new top trade negotiator amid US tariff war

China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with the U.S., replacing veteran trade tsar Wang Shouwen with the Chinese envoy to the World Trade Organization.

16/04 Oil dips as markets assess trade war effects

Oil prices edged lower on Wednesday, as shifting U.S. tariff policies fuelled uncertainty, prompting traders to weigh the potential impact of the U.S.-China trade war on economic growth and energy demand.

16/04 Morning Bid: Markets wobble over US-China wrangling

A look at the day ahead in European and global markets from Stella Qiu

16/04 Shein's tariff-busting shift hits home in Chinese factory hub

The rapid rise of ultra-fast fashion retailer Shein has been so key to the fortunes of a group of urban villages on the outskirts of China's southern metropolis of Guangzhou that they have been colloquially dubbed "Shein villages".

16/04 Shares fall in Asia as Nvidia curbs fan worries, gold hits record

Shares fell in Asia on Wednesday as AI darling Nvidia took a hit from U.S. curbs on chip sales to China, highlighting the damage to come in a tit-for-tat global trade war, while gold hit a record and the dollar stayed under pressure.

16/04 India offers cheap loans for arms, targeting Russia's traditional customers

Prime Minister Narendra Modi's bid to transform India into a global factory floor has produced billions of dollars of low-cost iPhones and pharmaceuticals. Now he hopes to add missiles, helicopters and battleships to the shopping carts of foreign governments.

16/04 Chinese exporters on Rednote ask local consumers to buy goods meant for US

Chinese sellers of items from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy purchases, telling domestic consumers they are offloading stock at bargain prices amid U.S. tariffs.

16/04 China's Q1 economic growth likely to slow as tariffs darkens outlook

China's economy is expected to have slowed in the first quarter in the face of a prolonged property downturn, as policymakers brace for the impact of hefty U.S. tariffs that analysts say pose the biggest risk to the Asian powerhouse in decades.

16/04 Trading Day: Another lull, but fireworks are coming

TRADING DAY

15/04 Would military strikes kill Iran's nuclear programme? Probably not

The recent U.S. deployment of B-2 bombers, the only planes able to launch the most powerful bunker-busting bombs, to within range of Iran is a potent signal to Tehran of what could happen to its nuclear programme if no deal is reached to rein it in.

15/04 At China's largest trade fair, exporters say US markets are 'frozen'

Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.

15/04 IEA cuts 2025 world oil demand growth forecast on trade tensions

The International Energy Agency (IEA) on Tuesday sharply cut its forecast for the growth in global oil demand this year due to escalating trade tensions, a day after a similar move by producer group OPEC.

15/04 UK labour market shows slowdown signs in run-up to employer tax hike

Britain's labour market showed signs of weakening in data published on Tuesday that suggested a hit to hiring in the run-up to this month's increase in a tax on employers, but wage growth remained strong.

15/04 High UK visa costs deter international scientists and engineers

It took Ed Roberts over a year to find a senior scientist to work at his cancer research laboratory in Scotland, a delay he blames on high UK visa costs that made it harder to attract international workers.

15/04 Chinese official says US tariff aims to 'take away Hong Kong's life'

One of China's top officials overseeing Hong Kong affairs, Xia Baolong, said on Tuesday that the United States' tariff war was "extremely shameless" and aims to "take away Hong Kong's life".

15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

15/04 Morning Bid: Taxes and tariffs on the mind as relief rally limps along

A look at the day ahead in European and global markets from Rocky Swift

15/04 China's murky bankruptcies expose hazards for foreign investors

Gaps in enforcement of China's insolvency laws can leave creditors vulnerable to opaque dealings and malicious bankruptcy filings by firms seeking to evade payment obligations.

15/04 Dollar steady as traders grapple with tariff uncertainty, volatility

The dollar was steady on Tuesday but stayed close to the three-year low against the euro and a six-month trough against the yen it hit last week as investors struggled to make sense of the back-and-forth changes on U.S. tariffs.

15/04 Markets volatile but no huge drop in short-term liquidity, BOJ official says

Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday.

15/04 Asia shares rise, bonds hold steady on some tariff reprieve

Asia shares edged slightly higher on Tuesday, helped by gains in auto companies after U.S. President Donald Trump suggested he might grant exemptions on auto-related levies already in place.

15/04 South Korea unveils $23 billion support package for chips amid US tariff uncertainty

South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package unveiled last year.

15/04 French opposition parties raise spectre of no-confidence vote over 2026 budget

French opposition parties on Monday threatened to topple Prime Minister Francois Bayrou's government with a no-confidence motion after his finance minister said next year's budget would require billions of euros in savings.

15/04 Support dwindles for leftist's call for Ecuador election recount

Support for Ecuadorean leftist Luisa Gonzalez's call for a recount in the country's presidential election was dwindling on Monday, as a growing number of prominent members of her party said President Daniel Noboa had secured a full term in Sunday's vote.

14/04 Britain sends Ukraine second part of $3 billion war loan

Britain sent Ukraine 752 million pounds ($990 million) to buy air defences and artillery on Monday, part of a broader $50 billion international loan programme backed by frozen Russian assets, Britain's government said.

14/04 What do we know about Argentina's IMF deal and FX policy?

Argentina has sealed a $20 billion extended fund facility (EFF) with the International Monetary Fund and dismantled large parts of its currency controls as libertarian President Javier Milei looks to drag the country out of a prolonged economic slump.

14/04 Exclusive: Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Saudi Arabia plans to pay off Syria's debts to the World Bank, three people familiar with the matter said, paving the way for the approval of millions of dollars in grants for reconstruction and to support the country's paralysed public sector.

14/04 Argentine peso slides sharply after FX controls eased, bonds jump

The Argentine peso slid around 17% on Monday morning while bonds gained after Buenos Aires sealed a $20 billion loan program with the International Monetary Fund and undid large parts of its currency and capital controls late on Friday.

14/04 Easter rising? Markets seek solace

What matters in U.S. and global markets today

14/04 Argentina's peso: where's the currency headed after FX regime overhaul?

The question on every trader's lips in Argentina: How much will the peso be worth on Monday morning?

14/04 How to navigate tariff chaos: Five questions for the ECB

The European Central Bank meets on Thursday with all focus on what the tariff chaos means for how much further policymakers will need to cut rates.

14/04 Back to Russian gas? Trump-wary EU has energy security dilemma

More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile. Businesses are wary that reliance on the United States has become another vulnerability.

14/04 China no longer welcome in UK steel sector, minister says

Previous British governments had been "naive" to allow Chinese companies to be involved in the steel sector, business minister Jonathan Reynolds said.

14/04 China's March exports jump in temporary boost as Trump 2.0 heaps pressure

Exports rose 12.4% year-on-year, a five-month high, handily beating 4.4% growth expected in a Reuters poll of economists.

14/04 Morning Bid: Doing the tariff two-step

A look at the day ahead in European and global markets from Wayne Cole

14/04 Noboa says no doubt about his victory in Ecuador vote as rival demands recount

Ecuador's national electoral council on Sunday declared President Daniel Noboa the winner of the country's presidential race, after he held a steady and unexpectedly wide 12-point lead over leftist Luisa Gonzalez throughout the count.

14/04 Indian shrimp industry sails in troubled waters after Trump tariffs

Turbulence unleashed by President Donald Trump's tariffs could rock global shipments of shrimp to the United States, with exporters in biggest supplier India saying they endanger 2,000 containers packed with the frozen delicacy.

14/04 China's Xi urges greater cooperation with Vietnam as trade tensions with US flare

Xi starts a three-nation tour of Southeast Asia this week, beginning with Vietnam.

14/04 South Korea's ousted leader Yoon due in court as criminal trial starts

Impeached South Korean leader Yoon Suk Yeol is due to attend the first hearing on Monday of his criminal trial to face charges that he led an insurrection when he declared martial law late last year and plunged the country into months of turmoil.

14/04 Singapore central bank eases monetary policy as US tariffs threaten growth

Singapore's central bank loosened its monetary policy for the second time this year on Monday, as expected, saying prospects for global growth and trade have dimmed amid U.S. tariffs, and the trade ministry cut its growth forecast for the city-state.

14/04 Oil prices flat as US-China trade war weighs on global growth outlook

Oil prices were flat in early trade on Monday on concerns the escalating trade war between the United States and China would weaken global economic growth and dent fuel demand.

14/04 Wall St futures make cautious gains as tariffs change

Wall Street share futures rallied in Asia on Monday after the White House exempted smartphones and computers from "reciprocal" U.S. tariffs, though gains were limited as President Donald Trump warned levies were still likely at some point.

13/04 Hungarian opposition leader pledges to unlock EU funds if elected

Hungarian opposition leader Peter Magyar vowed on Sunday to unlock billions of euros of suspended European Union funding to revive the economy if elected next year, and to hold a referendum on whether Ukraine should join the 27-member bloc.

13/04 Looser food standards off the menu in any US-UK trade deal, UK says

Britain will not relax its food safety standards as part of any deal to secure lower tariffs on its exports to the United States, business minister Jonathan Reynolds said on Sunday.

13/04 Kremlin says instant results not possible after Trump demands Ukraine progress

The Kremlin said on Sunday contacts with U.S. President Donald Trump's team were moving ahead very well but that it was too early to expect instant results due to the level of damage done to relations under Trump's predecessor Joe Biden.

13/04 How China went from courting Trump to ‘never yield’ tariff defiance

The combative approach marked a hard turn for Beijing, which had tried to avoid a spiraling trade war.

13/04 Hong Kong's last major opposition party moves towards disbanding

Hong Kong's last remaining major opposition party took a key step towards disbanding itself on Sunday after a special meeting approved arrangements to do so in the face of pressure from China, amid a national security crackdown.

13/04 Ukraine says 21 killed by Russian ballistic missile strike on Sumy

At least 21 people were killed and 83 others were wounded by a Russian ballistic missile strike in the heart of the northern Ukrainian city of Sumy on Sunday morning, Ukraine's interior minister Ihor Klymenko said.

13/04 Japan policymaker wants stronger yen, says Tokyo shouldn't sell Treasuries

Japan must strengthen the yen, such as by helping boost the country's industrial competitiveness, as the currency's weakness has pushed up households' living costs, the ruling party's policy chief said on Sunday.

13/04 Cold winds sweep Beijing, closing key sites, disrupting travel

China's capital hunkered down on Saturday as rare typhoon-like gales swept northern regions, forcing the closure of historic sites and disrupting travel while bringing late snowfalls and hailstone showers in some areas.

12/04 US excludes smartphones, computers from Trump's reciprocal tariffs

The Trump administration has granted tariff exclusions for smartphones, computers and other electronics imports supplied largely by China, sparing them from much of President Donald Trump's steep 125% duties.

12/04 UK seeks emergency powers to take control of British Steel

British lawmakers were recalled for an emergency session on Saturday to vote on laws to keep British Steel's blast furnaces open, as the government said a full nationalisation of the UK's last maker of virgin steel was becoming increasingly likely.

12/04 Who is Tundu Lissu, Tanzania opposition leader accused of treason?

Tanzanian opposition leader Tundu Lissu survived being shot 16 times in 2017 and has been arrested on multiple occasions, but now faces an even more grave challenge after being charged with treason, a capital offence, following his calls for electoral reform.

12/04 US bond funds hit by heavy outflows as recession, inflation fears mount

Investors pulled out of U.S. bond funds heavily in the week ending April 9 in a broad selloff triggered by fears of a recession and concerns that the escalating U.S.-China trade war could fuel inflation.

12/04 Taiwan extends short-selling curbs after U.S. tariffs bring market turmoil

Taiwan's top financial regulator said on Saturday it would extend temporary curbs on short-selling for another week to ensure market stability after U.S. tariffs unleashed turmoil, adding that the restrictions had been helpful.

12/04 EU considers defence fund to ease debt concerns for military gear

European Union finance ministers started talks on Saturday over a joint defence fund that would buy and own defence equipment and charge members a fee for its use, as a way to spend more on defence without burdening national accounts with more debt.

12/04 Taiwan holds first tariff talks with United States

Taiwan officials held their first tariff talks with U.S. officials on Friday, with both sides looking forward to further discussions soon, the island's government said on Saturday.

12/04 What Samsung and Vietnam stand to lose in Trump's tariff war

Samsung would face significant hit from US tariffs on Vietnam.

12/04 China expands access for Spanish pork as trade tensions with US mount

China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.

11/04 Ten trading days that shook financial markets

The pain, said Shuntaro Takeuchi, was 10 out of 10.

11/04 Trump envoy in Russia for talks with Putin about Ukraine

U.S. President Donald Trump's special envoy Steve Witkoff flew to Russia on Friday for talks with President Vladimir Putin about the search for a peace deal on Ukraine, the Kremlin said, saying the two men might also discuss a Trump-Putin meeting.

11/04 Exclusive: China has considered opening its $520 billion ETF market to Western market makers, sources say

China has been looking at allowing Western firms such as Citadel Securities and Jane Street to act as market makers in its rapidly growing exchange-traded fund (ETF) sector, two people with direct knowledge of the matter said.

11/04 Mighty U.S. dollar feels heat as Trump's tariffs spark trade turmoil

In just a week, the dollar has gone from a safe haven to investors' whipping boy as U.S. President Donald Trump's chaotic tariffs on friend and foe alike undermine decades of trust in the world's reserve currency.

11/04 Tariffs or no tariffs, the dollar correction is finally here: Jen 

The dollar appears set to embark on a multi-year correction against a wide range of currencies, even in the absence of a trade war, as the dollar’s lofty Wall Street valuation runs up against Main Street reality.

11/04 Iran says it will give US talks about nuclear plans a 'genuine chance'

Iran said on Friday it was giving high-level nuclear talks with the United States on Saturday "a genuine chance", after President Donald Trump threatened bombing if discussions failed.

11/04 JPMorgan analyst says he now tempers public comments on US tariffs

A senior JPMorgan Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full opinions would have on his colleagues and on the Wall Street bank.

11/04 Exclusive: Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say

Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States.

11/04 Japan household inflation expectations rise, keep BOJ rate hike view alive

Japanese households' inflation expectations heightened in the three months to March, a Bank of Japan survey showed on Friday, keeping the central bank under pressure to raise interest rates further.

11/04 UK economy grows 0.5% in February, beating expectations

Britain's economy grew at a monthly pace of 0.5% in February, figures from the Office for National Statistics showed on Friday, well above economists' expectations in a Reuters poll for an expansion of 0.1%.

11/04 Exclusive: Shein gains UK approval for London IPO, awaits China nod, sources say

Online fast-fashion retailer Shein has secured approval from Britain's Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter.

11/04 Oil producers seek to shore up finances amid crude price plunge

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials preparing policy responses for a drop in revenue such as issuing more debt and reducing spending.

11/04 EU brainstorms on how to brace for US tariffs as 90-day window opens

With higher U.S. tariffs postponed by 90 days, European Union finance ministers will brainstorm on Friday how to use that time to get a trade deal with Washington and how to coordinate their efforts to handle higher tariffs if they do not.

11/04 China's Xi to visit Southeast Asia as trade conflict with U.S. widens

Chinese President Xi Jinping will embark on a three-nation Southeast Asia tour next week in his first overseas trip this year to consolidate ties with some of China's closest neighbours as trade tensions with the United States escalate.

11/04 Stocks, dollar sink, bonds pummelled again as trade war roils markets

The anxiety has sparked a rush into safe havens, sending the Swiss franc soaring to a decade high against the dollar, and gold to a new peak.

11/04 Trump's tariff pause brings little relief as recession risk lingers

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.

11/04 Exclusive: Facing Trump tariffs, Vietnam eyes crackdown on some China trade

In hope of avoiding punishing U.S. tariffs, Vietnam is prepared to crack down on Chinese goods being shipped to the United States via its territory and will tighten controls on sensitive exports to China, according to a person familiar with the matter and a government document seen by Reuters.

11/04 Japan readies task force for US trade talks as tariff risks cloud economy

Economy Minister Ryosei Akazawa heads the panel.

11/04 Exclusive: Venezuela's PDVSA suspends oil loading authorizations to Chevron, sources say

Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources with knowledge of the decision said on Thursday.

10/04 Europeans discuss Ukraine peace force but big questions still open

Defence ministers from some 30 countries met in Brussels on Thursday to discuss a "reassurance force" for Ukraine in the event of a ceasefire in the war with Russia but key questions about its mission and any U.S. support remained unanswered.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Switzerland leans closer to Europe after Trump tariff blow 

U.S. President Donald Trump's decision to hit Switzerland with steeper tariffs than most of Europe was a major shock to the export-oriented country, pushing it towards the European Union as it scrambled to contain the fallout.

10/04 Exclusive: Greenland ‘Freedom City’? Rich donors push Trump for a tech hub up north

As the Trump administration intensifies efforts to acquire Greenland from Denmark — or take it by force — some Silicon Valley tech investors are promoting the frozen island as a site for a so-called freedom city, a libertarian utopia with minimal corporate regulation, three people familiar with the matter told Reuters.

10/04 What just happened in the U.S. Treasury market?

U.S. President Donald Trump's decision to pause the hefty duties he had said he would impose on dozens of countries one week ago followed turmoil in financial markets that included an acute selloff in the $29 trillion Treasury market.

10/04 Aboard a nuclear-powered submarine, 'everything changes on a dime'

"The role of the fast attack submarine is so dynamic that everything changes on a dime," U.S. Navy Commander Jeffrey Corneille said off the coast of Western Australia on the nuclear-powered submarine USS Minnesota in March.

10/04 Exclusive: AUKUS nuclear submarine sale under scrutiny as Trump tariffs rattle Australia

The sale of nuclear-powered submarines to Australia under the AUKUS treaty faces new doubts as U.S. President Donald Trump's tariffs take hold, and amid concern in Washington that providing the subs to Canberra may reduce deterrence to China.

10/04 Russia, United States to hold talks on diplomatic missions

Russia and the United States are set to hold talks in Turkey on Thursday on normalising the work of their diplomatic missions after the war in Ukraine triggered the biggest confrontation between Moscow and the West since the depths of the Cold War.

10/04 Investors react to intensifying Sino-US trade tensions

U.S. Donald Trump ratcheted up a trade war with China even as he did an about turn on steep new reciprocal tariffs on most trading partners on Wednesday.

10/04 Tariffs caused US Treasury market dislocations, raising longer term concerns

The searing selloff in Treasuries this week in response to tariffs caused dislocations in the world’s biggest bond market, as hedge funds unwound some debt-fuelled bets and investors raised concerns about lasting damage to U.S. markets.

10/04 Morning Bid: Signs of trouble in the relief rally

A look at the day ahead in European and global markets from Rae Wee

10/04 Australia turns down China's offer to 'join hands' to fight US tariffs

Australia on Thursday declined Beijing's proposal to work together to counter U.S. tariffs, saying instead it would continue to diversify its trade and lower its reliance on China, its largest trading partner.

10/04 Spain defends closer trade ties with China after US warns against 'cutting own throat'

Spain will pursue closer trade ties with China in the interests of its citizens and of the EU, its agriculture minister Luis Planas said on Wednesday, rejecting a U.S. warning that moving closer to the Asian country would be "cutting your own throat".

10/04 South Korea opposition leader Lee Jae-myung declares presidential run

South Korean opposition leader Lee Jae-myung, who is the front-runner in opinion polls to be the country's next leader, declared his bid for the presidency on Thursday, promising to focus on fixing inequality and economic growth.

10/04 Stocks surge in relief rally after Trump pauses tariffs

Global stocks rallied, the dollar found footing and a manic bond selloff stabilised on Thursday after U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.

10/04 South Korea trade envoy says Trump's tariff pause leaves room for negotiations

South Korea's top trade envoy Cheong In-kyo said on Thursday that U.S. President Donald Trump's tariff reprieve had provided room for negotiations, as the country seeks to reduce tariffs through talks.

09/04 From juice to jewellery: which U.S. goods will EU hit with tariffs?

The European Union will launch countermeasures from next Tuesday against U.S. President Donald Trump’s steel and aluminium tariffs with extra duties on 21 billion euros ($23 billion) of U.S. imports.

09/04 US Treasury 10-year note auction outcome shows strong demand

A U.S. Treasury debt auction of $39 billion in benchmark 10-year notes was well received on Wednesday, showing solid investor demand even after a bond market sell-off driven by an escalating trade war between the United States and its major trading partners led by China.

09/04 Thousands protest in Athens as strike over wages halts ships, planes and trains

Thousands of Greeks gathered in Athens on Wednesday to demand higher wages to cope with rising living costs and a one-day strike left ferries docked at ports, flights grounded and trains at a standstill.

09/04 Tariff turmoil leaves investors with few hiding places

Investors are dumping U.S. assets they usually favour in times of turmoil as fear over the economic impact of U.S. President Donald Trump's reciprocal tariffs shakes confidence in traditional safe-havens.

09/04 EU to start retaliating against U.S. tariffs on Tuesday

The European Union will launch its first countermeasures against U.S. President Donald Trump's tariffs next week, the bloc's members agreed on Wednesday, joining China and Canada in retaliating and escalating a global trade conflict.

09/04 Has Trump cancelled Christmas? China's decorations makers report no US orders

Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.

09/04 Exclusive: Apple supplier Luxshare weighs manufacturing in U.S. to tackle tariffs

Apple supplier Luxshare is in talks with customers on ways to respond to U.S. tariffs by shifting more production outside China, including the United States, its chairwoman told analysts in a telephone call on Wednesday.

09/04 Yuan falls to 2007 lows as US tariffs on China kick in

China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating Sino-U.S. trade war rattled currency markets.

09/04 Exclusive: China's central bank asks state lenders to reduce dollar purchases, sources say

China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases, people with direct knowledge of the matter said on Wednesday.

09/04 German coalition deal expected around midday, sources say

Germany's conservatives and the centre-left Social Democrats are on track to reach agreement on forming a coalition government around midday on Wednesday, people familiar with the negotiations told Reuters.

09/04 Explainer: What is PISCES and can it herald a UK capital markets revolution?

Britain's Financial Conduct Authority (FCA) has set out proposals for a new platform - The Private Intermittent Securities and Capital Exchange System (PISCES) - to enable trading of shares in private companies.

09/04 Banks to battle exchanges for fees on Britain's new private share trading platform

Britain's hopes of an equity capital market revival are weighing heavily on a secondary share trading platform that is sowing discord in the finance sector months before its launch.

09/04 Exclusive: China to hold high-level meeting in response to US tariffs, say sources

China's top leaders plan to convene a meeting as early as Wednesday to discuss measures to boost the economy and stabilise the capital markets, people with knowledge of the matter said, amid an escalating trade war with the U.S.

09/04 Chinese brokerages promise market support, firms set buybacks as trade war intensifies

Top Chinese brokerages have pledged to help steady domestic share prices in a concerted effort, the Shanghai bourse said, and scores of listed companies unveiled stock buying plans, as the local market reels from an escalating trade war.

09/04 India cenbank cuts rates for a second time as US tariffs add to growth risks, changes stance

The Reserve Bank of India (RBI) cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish economy, which is facing further pressure from U.S. tariffs.

09/04 RBNZ cuts rates as tariffs loom, economists expect more stimulus

New Zealand's central bank cut its benchmark rate on Wednesday, as widely expected, signalling a greater readiness to lower borrowing costs further as the economy faces headwinds from weak demand and trade barriers.

09/04 Stocks slide in Asia as recession fears pummel sentiment, oil hits 4-yr lows

Stocks in Asia extended a slide on Wall Street as President Donald Trump looked set to press ahead with 104% tariffs on Chinese goods.

09/04 Oil slides nearly 4% as US kicks off 104% tariffs on China

Oil prices dropped to their lowest in more than four years in early trade on Wednesday on looming demand concerns fuelled by an escalating tariff war between the U.S. and China, the world's two biggest economies, and a rising supply outlook.

09/04 South Korea announces emergency measures for auto industry hit by US tariffs

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.

08/04 US to take back Panama Canal from Chinese influence, visiting Pentagon chief says

The United States will take back the Panama Canal from Chinese influence, U.S. Defense Secretary Pete Hegseth said on Tuesday during a visit to the Central American nation.

08/04 US Justice Dept disbands crypto enforcement team, citing Trump order

The U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team and ordering prosecutors to narrow crypto investigations to focus on drug cartels and terrorist groups, according to a memo seen by Reuters.

08/04 Chinese nationals captured fighting for Russia in Ukraine, Zelenskiy says

President Volodymyr Zelenskiy said on Tuesday that Ukrainian forces had captured two Chinese men fighting on Russia's side in eastern Ukraine, potentially threatening a fragile peace effort in the three-year-old war.

08/04 Limited options push China into trade 'war of attrition' with Trump

Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.

08/04 Brazil, Egypt and Singapore among potential winners from tariff onslaught

Days after U.S. President Donald Trump's announcement of sweeping tariffs shocked multiple U.S. trading partners and global markets, a handful of countries are emerging as potential winners although the risk of a tariff-induced recession will limit the upside.

08/04 Vietnam to buy US defence, security products to tackle trade gap

Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday.

08/04 US is starting to look like an emerging market after tariff shock, Euronext CEO says

The United States is starting to resemble an emerging market more than a developed country, the head of pan-European stock exchange operator Euronext said on Tuesday as financial markets remained volatile after the imposition of sweeping U.S. tariffs.

08/04 US tariffs threaten 35,000 citrus jobs in South Africa, farmers say

Tariffs announced by U.S. President Donald Trump will hurt South African citrus farms and could potentially affect 35,000 jobs, a farmers' association said on Tuesday.

08/04 Trump won't get 'Plaza Accord'-type dollar deal, says ex-Japan FX diplomat

Any U.S. attempt to pull off a 1985 Plaza Accord-type coordinated depreciation of the dollar likely won't work as it would require the consent of China and Europe, Japan's former top currency diplomat Naoyuki Shinohara said on Tuesday.

08/04 'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters

Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects, while haggling with customers over prices as they reel from President Donald Trump's tariffs.

08/04 Hong Kong leader says city will sign more free trade pacts amid 'ruthless' US tariffs

Hong Kong leader John Lee said on Tuesday the city would sign more free trade pacts to diversify its risk amid a global trade war triggered by what he called "ruthless" U.S. tariffs that he said were disrupting the world economic and trade order.

08/04 China censures Trump tariff 'blackmail' as market turmoil eases

Trump said he would impose an additional 50% duty on Chinese imports.

08/04 China state firms vow to boost share purchases to calm markets

Several Chinese state holding companies vowed on Tuesday to increase share investment while a slew of listed companies announced share buybacks as Beijing stepped up efforts to stabilise a stock market rocked by U.S. tariff woes.

08/04 Japan leads Asian equity bounce, yields rise on trade optimism

Asian stocks bounced off 18-month lows and U.S. stock futures pointed higher on Tuesday, as markets caught their breath after recent heavy selling on hopes that Washington might be willing to negotiate some of its aggressive tariffs.

08/04 China says it will never accept US 'blackmail' in escalated tariff threats

China said it will never accept the "blackmail nature" of the United States after the latter escalated tariff threats against it, the Chinese commerce ministry said on Tuesday.

08/04 Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about U.S. tariffs.

07/04 Trading Day: Trump's tariff wrecking ball still swinging

TRADING DAY

07/04 Mexico seeks to avoid retaliatory tariffs against US, but not ruling them out

Mexican President Claudia Sheinbaum said on Monday her government would like to avoid imposing tariffs on the United States in response to President Donald Trump's sweeping tariff plans, though she said they could not be ruled out.

07/04 EU Commission proposes 25% counter-tariffs on some US imports, document shows

The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.

07/04 Tariff storm ravages Magnificent Seven as Apple nears one-year low

The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.

07/04 Presidential hopeful Ponta says will end Ukrainian grain exports via Romania

Romanian presidential candidate Victor Ponta said on Monday he would stop Ukrainian grain exports via the country's Black Sea ports if elected to protect local farmer, but pledged to defend neighbouring Moldova in case of a Russian attack.

07/04 EU prioritises talks with US to get Trump's tariffs removed

European Union ministers broadly agreed on Monday that the bloc should prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted countermeasures.

07/04 Ukraine's Kryvyi Rih mourns victims of Russian missile strike

A central Ukrainian city held vigils on Monday starting three days of mourning for 11 adults and nine children killed by a Russian missile last week, as one of deadliest attacks on civilians in months jeopardised Washington's ceasefire push.

07/04 Morning Bid: Stocks crater again, no 'ifs' or 'puts'

What matters in U.S. and global markets today.

07/04 Exclusive: As Chile revs up lithium plans, Indigenous people demand more control

Chile's Indigenous communities in the lithium-rich Atacama Desert are in talks with two of the nation's biggest miners to gain more influence over plans to increase extraction of the battery metal, according to the companies and community sources.

07/04 European stocks' stellar start to 2025 snuffed out as tariffs cloud Q1 earnings

European equities' impressive start to 2025 has been obliterated in three sessions of heavy selling, while executives tot up the potential impact of U.S. tariffs on supply chains, possibly forcing them to ditch previous financial predictions.

07/04 Trump leaves emerging market central banks with no clean choices

U.S. President Donald Trump's bruising blast of tariffs last week has thrown emerging market central banks a fresh curve ball with many now forced to make the tough choice between supporting economic activity and keeping fragile currencies stable.

07/04 Exclusive: After Trump, EU seeks zero tariff from India on car imports, sources say

The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra Modi's government is willing to sweeten its current proposal to seal the talks, sources told Reuters.

07/04 China calls US tariffs 'bullying', urged others to continue with consultation

Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing U.S. President Donald Trump's "reciprocal tariffs" as bullying.

07/04 Trump tariffs to slow Australia's economy but recession not expected, Treasurer says

Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers said on Monday.

07/04 Japan's Nikkei sinks to 1-1/2-year low as bank shares tumble

Japan's Nikkei share average slumped on Monday to the lowest level in 1-1/2 years, with the index of Japanese bank stocks diving more than 17% at one point, as concerns over a tariff-induced global recession continued to rip through markets.

07/04 South Korea to prepare support measures as US tariffs loom

South Korea's finance minister said on Monday the government would prepare support measures for sectors with urgent needs, ahead of U.S. President Donald Trump's 25% tariff, which will come into force this week.

07/04 New Zealand aims to nearly double defence spending to 2% of GDP

New Zealand said on Monday it would boost defence spending by NZ$9 billion ($5 billion) over the next four years, and aim to nearly double spending to 2% as a share of GDP in the next eight years, at a time of rapidly growing tension worldwide.

07/04 Exclusive: Iran-backed militias in Iraq ready to disarm to avert Trump wrath

Several powerful Iranian-backed militia groups in Iraq are prepared to disarm for the first time to avert the threat of an escalating conflict with the U.S. Trump administration, 10 senior commanders and Iraqi officials told Reuters.

07/04 India sees no hit to projected growth from US tariffs, economists remain sceptical

Economists have lowered India's growth estimates by 20-40 basis points to 6.1% for the current fiscal.

07/04 Morning Bid: Tariff medicine's crippling side effects

A look at the day ahead in European and global markets from Wayne Cole

07/04 Trump's tariff 'medicine' injects turmoil into global markets

Trump indicated he was not concerned about losses in the equity markets.

07/04 Safe havens yen, Swiss franc surge as Trump's tariffs hit dollar

Investors sold the dollar and poured into safe havens like the yen and Swiss franc on Monday after U.S. President Donald Trump unleashed sweeping tariffs on the world.

07/04 Taiwan stocks plummet, exchange to take more stabilisation steps if needed

Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.

06/04 Taiwan eyes zero tariffs with US, pledges more investment

Taiwan's President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the U.S., pledging to remove trade barriers rather than imposing reciprocal measures and saying Taiwanese companies will raise their U.S. investments.

06/04 Taiwan announces temporary short-selling curbs after US tariffs

Taiwan's top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from U.S. President Donald Trump's new import tariffs, and will take other steps as needed.

06/04 Iran wants indirect talks with US, warns regional countries over strikes against it

Although Iran has rejected U.S. President Donald Trump's demand for direct talks, it wants to continue indirect negotiations through Oman, a longtime channel for messages between the rival states, said the official, who spoke to Reuters on condition of anonymity.

06/04 EU seeks unity in first strike back at Trump tariffs

The European Commission, which coordinates EU trade policy, will propose to members late on Monday a list of U.S. products to hit with extra duties in response to Trump's steel and aluminium tariffs rather than the broader reciprocal levies.

06/04 South Korea assembly speaker proposes revising constitution to curb presidency

The speaker of South Korea's parliament on Sunday proposed revising the constitution to curb presidential powers, citing public support for such a move after President Yoon Suk Yeol was ousted for declaring martial law.

06/04 US, Vietnamese businesses ask Trump to delay 46% tariffs on Vietnam

U.S. and Vietnamese businesses have asked the Trump administration to delay its planned 46% tariff on Vietnamese goods, saying the levy will hurt them and bilateral commercial relations.

06/04 Three injured in Russian missile strike on Kyiv, Ukraine says

All of Ukraine was under air alerts as of 0200 GMT after the country's air force warned of an attack including on regions bordering Poland, forcing the NATO-member to scramble aircraft to ensure air safety.

06/04 Rains add to challenge for Myanmar quake relief, toll at 3,471

Rains fell on parts of earthquake-hit Myanmar over the weekend, which aid agencies said could complicate relief efforts and raise the risk of disease as the United Nations aid chief said more tents were needed to shelter those left homeless.

05/04 China to US: 'Market has spoken' after tariffs spur selloff

China said on Saturday "the market has spoken" in rejecting U.S. President Donald Trump's tariffs, and called on Washington for "equal-footed consultation" after global markets plunged in reaction to the trade levies that drew Chinese retaliation.

05/04 Russia says Ukraine 'multiplying' energy attacks despite US-brokered moratorium

Russia's defence ministry said on Saturday Ukraine had increased its attacks on Russian energy infrastructure, hitting targets 14 times in the last 24 hours, despite a U.S.-brokered moratorium.

05/04 USAID team fired while in Myanmar earthquake zone, ex-official says

Three U.S. aid workers were laid off while in Myanmar helping the rescue and recovery from the country's massive earthquake, a former senior staffer said, as the Trump administration's dismantling of foreign aid affects its disaster response.

05/04 Sex toys and exploding cosmetics: anatomy of a 'hybrid war' on the West

Fake cosmetics, massage pillows and sex toys. Crude homemade explosives. A Russian known as Warrior. A code word: Mary.

05/04 Ukraine says Russia kills 19 in Kryvyi Rih, Moscow says it was targeting military

A Russian attack killed at least 19 people including nine children in the Ukrainian city of Kryvyi Rih on Friday, local officials said, but Russia's Defence Ministry said it targeted a military gathering there.

05/04 Taiwan's top security official visits US for talks, source says

The head of Taiwan's National Security Council arrived in the United States for talks with President Donald Trump's administration, a source familiar with the matter said on Friday, days after China concluded war games around Taiwan.

05/04 Myanmar quake death toll at 3,354, junta leader returns from summit

The death toll from Myanmar's devastating earthquake climbed to 3,354, with 4,850 injured and 220 missing, state media said on Saturday, as the visiting U.N. aid chief praised humanitarian and community groups for leading the aid response.

05/04 China retaliation on US farm goods hits soybeans, bolstering Brazil

China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agricultural goods including Brazil, a shift that began during the trade war of U.S. President Donald Trump's first term.

05/04 Next up for markets: A crisis of confidence in the dollar

In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. Investors say it's a sign that the greenback’s global standing may be eroding.

05/04 Trading Day: Trump tariffs wipe $5 trillion off Wall Street

Bears, fears and tears.

04/04 Nowhere to hide: Trump tariffs leave trading partners cornered

U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace.