14:19 Breakingviews - AI weakness makes YouTube Alphabet’s new lynchpin
-Through its 26-year run, a 6,000% run-up in its share price, and dominance of the global search engine market, Google owner Alphabet has become a $1.8 trillion internet goliath. It operates the world’s most popular operating system in Android, developed some of the crucial technological innovations behind artificial intelligence, and runs a colossal cloud computing service. Only among this jumble
- Reuters13:59 Breakingviews - China property tycoons become creditors’ labourers
-Chinese developers are taking their restructuring efforts to the next level by preparing to cede de-facto control to their creditors. It signals a fresh chapter for the property market in the world's second-largest economy.
- Reuters10:56 Top Indian funds bet on domestic sectors to lead market rebound amid global jitters
-India's top investment funds are pivoting inward, betting on the resilience of the domestic economy and a rebound in corporate earnings, while retreating from export-driven bets amid escalating global trade tensions.
- Reuters08:17 Yale University explores sale of private equity fund interests
-Yale University said on Tuesday it was exploring a sale of private equity fund interests and was being advised by investment banking firm Evercore.
- Reuters08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say
-China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.
- Reuters07:41 Swiss franc's surge on tariff turmoil pressures SNB to act
-The Swiss franc's rapid appreciation on U.S. policy uncertainty could force the Swiss National Bank to intervene soon, as Swiss industry hopes the safe haven currency's surge can be tamed before it deals another blow to a tariff-threatened sector.
- Reuters05:59 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.
- Reuters03:43 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.
- Reuters03:41 Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'
-U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog," according to a person who heard his closed-door presentation to investors at a JP Morgan conference.
- Reuters00:25 Trading Day: Stocks rebound, no new Powell-bashing or trade tirades from Trump
-Making sense of the forces driving global markets
- Reuters23:51 Elliott wants BP to boost free cash flow to $20 billion by 2027, source says
-Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost reductions, a source familiar with the situation said on Tuesday.
- Reuters23:51 Bank of America's shareholders OK executive compensations, elect directors
-Bank of America shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, and also elected its 14 directors on the board.
- Reuters23:51 IMF slashes global outlook as White House says trade talks pick up pace
-Worldwide economic output will slow in the months ahead as U.S. President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies.
- Reuters23:42 Capital One's first-quarter profit rises on higher interest income
-Capital One Financial reported a rise in first-quarter profit on Tuesday, as the consumer lender was helped by a higher income from interest payments on its credit card debt.
- Reuters22:57 Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion
-Canada's Barrick Gold said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources for up to $1.1 billion.
- Reuters22:56 FX firm Argentex shares suspended after volatility-induced margin calls
-Shares of British currency risk management company Argentex were suspended from trading on Tuesday after the company said its liquidity had significantly worsened due to the sharp fall in the U.S. dollar.
- Reuters21:53 US Treasury Secretary says situation with China is unsustainable, source says
-U.S. Treasury Secretary Scott Bessent on Tuesday said that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate, a source familiar said.
- Reuters21:53 Breakingviews - Crafty CEOs peek around tariff corners
-There are many reasons to dump U.S. stocks, but even in bad markets there are good opportunities. In these trade-ravaged times, some companies have positioned themselves, relatively speaking, to ride out the turmoil, for a while at least.
- Reuters16:57 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.
- Reuters22/04 Many Canadian 'snowbirds' in US looking to pack up and fly north - for good
-The number of Canadian "snowbirds" planning to sell their second homes in sunny Florida and Arizona has surged this spring, many of them put off by the sudden chill that has blanketed relations between their homeland and the U.S.
- Reuters22/04 Investors fear Trump's attacks on Powell will pile on pain
-Investors are fearful of a deep hit to asset prices if U.S. President Donald Trump attempts to fire Federal Reserve Chair Jerome Powell, undermining confidence in the central bank's ability to fight inflation and act independently.
- Reuters22/04 Breakingviews - Macquarie gives masterclass in following the money
-So much for sacred cows. Often, companies are tempted to hold on to an underperforming operation because the boss was instrumental in either creating it or building it. Such sentimentality has little place at Macquarie . Boss Shemara Wikramanayake helped start and later expand the Australian financial powerhouse's money management business. In a refreshingly dispassionate move, she's now selling t
- Reuters22/04 In Dubai's Gold Souk, bullion's record run brings little joy for jewellers
-In the bustling Gold Souk in Dubai, dubbed the "City of Gold", 22-karat gold jewellery is a traditional favourite for weddings, religious celebrations, and as a family investment.
- Reuters22/04 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.
- Reuters22/04 Helvetia and Baloise to merge, creating Switzerland's second-biggest insurance group
-Helvetia and Baloise said on Tuesday that they plan to merge, creating Switzerland's second-largest insurance group with a combined market share of about 20%.
- Reuters22/04 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.
- Reuters22/04 Breakingviews - Why a defence boss could boost Europe’s revival
-How to spend 640 billion euros? That’s the amount that European governments, including Britain, would pour each year into their militaries if they make good on their stated intention to beef up defence spending to 3% of GDP. Finding the money is the immediate challenge, given weak growth and heavy debt loads in many countries. A longer-term task is making sure that all the extra investment follows
- Reuters22/04 The theory and practice of Trump’s economic policy: podcast
-The president’s tariffs have wreaked havoc in financial markets. Beneath the short-term turmoil, though, are more fundamental woes. In this episode of The Big View podcast, Edward Chancellor describes how the US became a bubble economy, and why deflating it is so dangerous.
- Reuters22/04 China's Nio delays Europe launch of Firefly EV to third quarter
-China's Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.
- Reuters22/04 US bank regulator lays out plans for 20% staff reduction, emails says
-A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump administration's broader efforts to cull the federal workforce.
- Reuters22/04 'For our country': China's patriots are buying the dip
-Retail investors are joining the state-backed "national team" to defend the stock market.
- Reuters22/04 US finalizes tariffs on Southeast Asian solar imports
-The tariffs unveiled on Monday vary widely depending on the company and country.
- Reuters22/04 Advisory firms Baker Tilly and Moss Adams set to merge in $7 billion deal
-Baker Tilly said on Monday that it will merge with Seattle's Moss Adams in a $7 billion deal that will create the sixth-largest advisory CPA firm in the United States.
- Reuters21/04 Trading Day: Trump pummels Powell
-TRADING DAY
- Reuters21/04 US Education Department to resume collecting student loans in default from May 5
-The U.S. Department of Education said on Monday it will resume collecting federal student repayments from borrowers in default from May 5 after a pause of more than five years.
- Reuters21/04 Breakingviews - US markets’ crisis point hinges on a triple threat
-A selloff in U.S. stocks, long-term government bonds and the dollar clearly traces back to policy choices by President Donald Trump's administration. Recent moves spawn a trio of worries: first, that a trade war will hit business and destabilize the United States' role in the world; second, that a $4.5 trillion tax cut plan could explode an already-historic fiscal deficit; and, finally, that press
- Reuters21/04 GameStop CEO must face Bed Bath & Beyond lawsuit
-Ryan Cohen, the billionaire chief executive of GameStop , must face a lawsuit by the company once known as Bed Bath & Beyond to recoup $47.2 million of profit from trading its stock before the home goods retailer went bankrupt.
- Reuters21/04 Malaysia Airlines eyes new Boeing jets should China reject them
-Malaysia Airlines' parent company, Malaysia Aviation Group, is talking to Boeing about acquiring new jets that become available if Chinese airlines stop taking deliveries, its managing director told Malaysian state news outlet Bernama.
- Reuters21/04 US Supreme Court to hear clash over Obamacare preventive care
-The U.S. Supreme Court is set to consider the legality of a provision of the Obamacare law, formally called the Affordable Care Act, that helps ensure that health insurers cover preventive medical care such as cancer screenings at no cost to patients.
- Reuters21/04 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.
- Reuters21/04 Vietnam central bank preparing restructuring plan for troubled lender SCB
-Vietnam's central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank, the lender at the centre of the country's biggest financial fraud on record, local media reported.
- Reuters21/04 US multinationals extend currency hedges to counter Trump's tariff volatility
-U.S. multinational companies are extending their currency hedges to longer periods to shield their cash flows from potential exchange rate volatility triggered by the Trump administration's tariff policies.
- Reuters21/04 India's Modi to host JD Vance in Delhi under US tariffs shadow
-U.S. Vice President JD Vance begins a four-day visit to India on Monday and will hold talks with Prime Minister Narendra Modi, as New Delhi rushes to avoid steep U.S. tariffs with an early trade deal and boost ties with the Trump administration.
- Reuters21/04 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.
- Reuters20/04 Fed's Goolsbee hopes US not moving to where monetary independence is questioned - CBS 'Face the Nation'
-Austan Goolsbee told CBS' "Fact the Nation" that central banks that have the ability to conduct monetary policy with no political tampering have better outcomes for their economies.
- Reuters19/04 Bankers get creative to sign M&A deals in Trump's trade war
-Deal sweeteners and clauses protecting against slumping markets abound.
- Reuters19/04 With inflation progress slow, Fed's Daly says rate cuts may need to wait
-San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the central bank may need to do less, especially given that uncertainty over President Donald Trump's trade policy has so far done little to disrupt still-solid U.S. economic growth.
- Reuters18/04 Russian rouble strengthens past 81 vs U.S. dollar, up 40% since start of 2025
-The Russian rouble strengthened past 81 to the U.S. dollar, supported by rising oil prices, reaching its highest level since June 28, 2024.
- Reuters18/04 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.
- Reuters18/04 US consumer watchdog says it will lay off most remaining staff
-The U.S. Consumer Financial Protection Bureau, the agency created to serve as a watchdog for American consumers against predatory business practices, said on Thursday it planned to dismiss as much as 90% of its remaining workforce, resuming mass firings less than a week after a federal court ruling granted the Trump administration leeway in setting staff levels.
- Reuters18/04 Mangione faces federal charges, death penalty in UnitedHealth executive's killing
-A federal grand jury has indicted Luigi Mangione, who is accused of murdering a UnitedHealth Group executive in New York last year, allowing prosecutors to seek the death penalty in his case, according to court filings on Thursday.
- Reuters17/04 Trump Media presses US regulator to investigate short positions in its stocks
-The media company majority owned by President Donald Trump, Trump Media & Technology Group , said on Thursday it had asked the U.S. Securities and Exchange Commission (SEC) to investigate a recent short position in its stocks.
- Reuters17/04 Trading Day: ECB acts, Trump attacks
-TRADING DAY
- Reuters17/04 Egypt cuts interest rates 225 basis points, says more cuts likely
-Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, saying lower inflation had opened the way to yet further rate cuts in the future.
- Reuters17/04 Gold starts coming back to Switzerland from US after exclusion from Trump's tariffs
-Gold, which traders have been flying to New York since December as a precaution against the possibility of broad U.S. tariffs hitting bullion imports, is being shipped back to Switzerland, where it came from, official data shows.
- Reuters17/04 Breakingviews - Defiance of US Supreme Court is tricky to price
-Beyond advantages in geography, resources and demographics, the United States’ economic might depends upon the predictable rule of law. Key to its function is the co-equal status of the executive branch, legislature and judiciary. By flouting a unanimous Supreme Court ruling that it return a wrongfully deported man, U.S. President Donald Trump’s administration threatens that framework. If this pus
- Reuters17/04 Playoffs begin after chaotic season of shock player, personnel moves
-The NBA Playoffs tip off on Saturday after a dramatic 2024-25 season of twists and turns, with shock firings, a record team sale and the Luka Doncic trade heard around the world.
- Reuters17/04 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.
- Reuters17/04 PIMCO bearish on dollar, Treasuries as US safe-haven status wavers
-U.S. bond giant PIMCO said protectionism in U.S. trade policy strengthened the case for dialing down exposure to the U.S. dollar and Treasury bonds, while greater reliance on foreign bond markets had become more attractive.
- Reuters17/04 UnitedHealth shares tank after earnings miss, forecast cut as medical care costs soar
-UnitedHealth Group surprised investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and it lowered its outlook for the full year due to higher-than-expected medical costs, sparking a 17% selloff in shares that reverberated across the sector.
- Reuters17/04 Russian barriers to re-entry stymie prospects of Western companies' return
-Three months after U.S. President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in.
- Reuters17/04 Breakingviews - Barclays’ Brookfield schmuck insurance may flop
-Barclays has constructed an elaborate schmuck-insurance policy as part of its plan to possibly hive off its payments business. On Thursday, the 40-billion-pound UK bank announced a deal that could give Brookfield Asset Management 10% of the division in return for the private-capital group's help in growing the unit, as well as the chance to buy 70% more at a yet-to-be-decided valuation in three to
- Reuters17/04 Breakingviews - Buyout barons are finance now, for good and ill
-Private equity is supposed to be patient when public markets panic. Yet for shareholders in Blackstone , KKR , Apollo Global Management and Carlyle , it’s proving hard not to get swept up. The buyout barons, now self-styled as alternative asset managers, claim to represent a new and in many ways superior answer to traditional financial business models. The stock market, though, hasn’t reflected th
- Reuters17/04 Exclusive: Musk's SpaceX is frontrunner to build Trump's Golden Dome missile shield
-Elon Musk's SpaceX and two partners have emerged as frontrunners to win a crucial part of President Donald Trump's "Golden Dome" missile defense shield, six people familiar with the matter said.
- Reuters17/04 BP leadership faces shareholder vote amid Elliott campaign, climate ire
-BP's board is up for re-election at its annual general meeting on Thursday as the group faces activist shareholder Elliott Management and climate-focused investors who have called for a vote against Chairman Helge Lund.
- Reuters17/04 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.
- Reuters17/04 Europeans, Ukrainians to make their case as Rubio and Witkoff visit Paris
-Top Ukrainian officials made a previously unannounced visit to Paris.
- Reuters17/04 Kenya land standoff sends warning to foreign-owned tea estates
-A dispute between a British-owned tea plantation and a local community in western Kenya has come to the boil in what could be a sign of turbulent times ahead for tea producers facing a growing backlash over colonial-era injustices.
- Reuters17/04 Breakingviews - How Trump’s tariff turmoil scarred global markets: podcast
-Stocks and government bonds have steadied following dramatic falls triggered by the US president’s trade war. But the policy may yet do lasting damage. In this Viewsroom podcast, Breakingviews columnists examine the possible long-term effects on US Treasuries and the dollar.
- Reuters17/04 Tariff-wounded stocks find no balm with Powell remarks
-Investors who may have been hoping the Federal Reserve is poised to come to the aid of tariff-rattled markets took away an unwelcome message from the central bank's chief on Wednesday: the Fed may be in a bind.
- Reuters17/04 Morning Bid: No surprise at Japan talks, except Trump
-A look at the day ahead in European and global markets from Rocky Swift
- Reuters17/04 Breakingviews - China’s US bond holdings are going nowhere fast
-With China and the United States engaged in a full-on trade war, anxious investors are asking which side can press its financial advantage given Beijing's vast holdings of U.S. Treasuries. In truth the situation is more of a fraught equilibrium both sides have an interest in maintaining.
- Reuters17/04 Breakingviews - Tariffs gone wild yield unbridled earnings outlook
-For corporate bean counters, foolish consistency may prove the hobgoblin of little minds. President Donald Trump’s on-again-off-again, tit-for-tat tariff agenda is causing havoc in the C-suite as companies struggle to both evaluate and communicate the damage to the bottom line. With so much up in the air, though, they can probably relax: from Walmart to Delta Air Lines , the ordinarily delicate sc
- Reuters17/04 Under Trump, consumer watchdog to slash industry supervision
-The top U.S. watchdog agency for consumer finance will cut its inspections of financial services companies in half while focusing on threats to military personnel and turning away from areas like student loans, medical debt, digital payments and consumer data, according to a memo sent to staff on Wednesday.
- Reuters17/04 Trading Day: When the chips are down
-TRADING DAY
- Reuters17/04 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.
- Reuters16/04 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.
- Reuters16/04 Breakingviews - ASML holds up lens to chip sector’s known unknowns
-ASML’s lithography machines are renowned for their unmatched precision in manufacturing semiconductors. The $260 billion company’s first-quarter results offer a similarly precise reflection of the deep uncertainty facing the global chip industry as it grapples with U.S. tariffs.
- Reuters16/04 What are Canada's main parties promising in the upcoming federal election?
-Canada's general election will take place on April 28, with polls indicating a tight race between the ruling Liberals and the official opposition Conservatives.
- Reuters16/04 PwC shuts operations in nine African countries
-PwC shut operations in nine Sub-Saharan African countries last month following a strategic review, the Big Four accounting firm said, in response to a media report that said the company exited over a dozen countries to avoid scandals.
- Reuters16/04 Britain's boaters say water-dwelling is becoming unaffordable
-The roughly 35,000 people for whom the waterways of England and Wales are home are worried that what has long been a low-cost alternative to living on solid ground is being made unaffordable by government spending cuts and inflation.
- Reuters16/04 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.
- Reuters16/04 Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse
-Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States, more than a year after a $20 billion deal to be acquired by Adobe was shelved due to regulatory roadblocks.
- Reuters16/04 Japan manufacturers turn cautious about business outlook due to Trump tariffs: Reuters poll
-Japanese manufacturers expressed improved business sentiment in April versus March though are bearish about their outlook over the next three months as they brace for the impact of sweeping U.S. import tariffs, a Reuters Tankan poll found.
- Reuters16/04 Trump signs healthcare executive order that includes a win for pharma companies
-U.S. President Donald Trump directed his health department on Tuesday to work with Congress on revamping a law that allows Medicare to negotiate prescription drug prices, seeking to introduce a change the pharmaceutical industry has lobbied for.
- Reuters16/04 Trading Day: Another lull, but fireworks are coming
-TRADING DAY
- Reuters15/04 US SEC leaders push back as Musk's DOGE seeks broad access, source says
-Elon Musk's Department of Government Efficiency is seeking access to U.S. Securities and Exchange Commission data, including email communications, according to a source familiar with the matter.
- Reuters15/04 KKR nears acquisition of German IT services firm Datagroup, sources say
-Private equity firm KKR is close to acquiring Frankfurt-listed IT services provider Datagroup , people familiar with the matter told Reuters on Tuesday.
- Reuters15/04 US banks flag risks to consumer spending from tariff uncertainty
-U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the upheaval sparked by President Donald Trump's trade policy persists, bank executives warned.
- Reuters15/04 Elliott builds $1.5-billion stake in Hewlett Packard Enterprise
-Hedge fund Elliott Investment Management has built a stake of more than $1.5 billion in Hewlett Packard Enterprise , a person familiar with the matter said on Tuesday.
- Reuters15/04 Breakingviews - Breakingviews: Harvard aces poli-sci but sweats MBA basics
-Harvard University seems to be struggling with basic finance. The Ivy League institution, whose graduates populate boardrooms and investment giants, is scrambling to borrow $750 million as the Trump administration freezes some $2 billion of taxpayer money earmarked for the college. This crisis provides an opportunity for many schools to brush up on their funding models.
- Reuters15/04 Judge scraps US rule capping credit card late fees at $8
-A federal judge on Tuesday threw out a U.S. Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule adopted during President Joe Biden's administration was illegal.
- Reuters15/04 Team ownership could be next F1 step for Saudi Arabia
-Owning a Formula One team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom's automobile and motorcycle federation.
- Reuters15/04 Inquest into death of tech tycoon Mike Lynch in yacht sinking will take 'many months', court hears
-The investigation into the deaths of British tech tycoon Mike Lynch, banker Jonathan Bloomer and members of their families who perished when a luxury yacht sank last year will take many months, a British inquest was told on Tuesday.
- Reuters15/04 Citigroup profit soars as stock trading jumps 23%
-Citigroup's profit surged in the first quarter as its traders reaped a windfall from volatile markets that fueled client activity.
- Reuters15/04 Morning Bid: Fed gives market a breather
-What matters in U.S. and global markets today
- Reuters15/04 Bank of America's first-quarter profit rises on trading strength
-Bank of America's profit rose in the first quarter, as market volatility boosted its trading fees, lifting the shares of the bank up 1.9% before the open.
- Reuters15/04 Breakingviews - Small countries sit at nexus of tariff trade-offs
-Among the many absurdities of Donald Trump's global trade war is the inclusion of Singapore and Australia on his naughty list. The U.S. President slapped the 10% baseline tariff, which will apply to nearly all countries, on both with very little justification.
- Reuters15/04 Breakingviews - LVMH’s opaque succession merits investor discount
-Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion French luxury giant. Shareholders will this week vote on whether to raise the age limit for both roles to 85. While Arnault’s age is not necessarily a problem for investors, the lack of clarity about who
- Reuters15/04 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.
- Reuters15/04 What could knock King Dollar off its throne: podcast
-The world’s dominant currency has survived devaluation, inflation, war, and many crises. US President Donald Trump’s return raises new doubts. In this episode of The Big View podcast, Paul Blustein talks about the secrets of the greenback’s success – and what could end its reign.
- Reuters15/04 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.
- Reuters15/04 Meta to use public posts, AI interactions to train models in EU
-Meta Platforms said on Monday it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, to train its artificial intelligence models in the European Union.
- Reuters15/04 Trump administration moves to scrap Biden-era credit card late fee rule
-President Donald Trump’s administration on Monday asked a federal court to throw out a regulation capping credit card late fees at $8, saying it agreed with business and banking groups that alleged in a lawsuit that the rule was illegal.
- Reuters15/04 Judge orders Bank of America to pay $540 million in FDIC lawsuit
-A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance.
- Reuters15/04 Jamie Dimon sells about $31.5 million worth of JPMorgan shares
-JPMorgan Chase & Co CEO Jamie Dimon has sold about $31.5 million worth of the bank's shares, according to a regulatory filing.
- Reuters15/04 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.
- Reuters15/04 US congressional watchdog to probe changes at the SEC, letter says
-The U.S. Government Accountability Office plans to scrutinize changes at the U.S. Securities and Exchange Commission, including any led by the White House or Elon Musk's Department of Government Efficiency, according to a letter sent to Democratic lawmakers on Capitol Hill.
- Reuters15/04 Brazil central bank says 'unclogging' monetary policy channels is a challenge
-Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that some credit lines exhibit limited sensitivity to interest rate changes.
- Reuters14/04 S&P 500's looming 'death cross' may not be as ominous as it sounds, analysts say
-A tariff-induced selloff in the U.S. stock market faces another worry, the "death cross" pattern, but history shows the ominous sounding technical signal may not necessarily mean equities face more significant downside.
- Reuters14/04 Breakingviews - Wall Street homilies are no match for trade chaos
-The market wreckage strewn by President Donald Trump’s trade war is uniquely driven by minute-by-minute policy whims. A trader riding out the tempest might look to the simple aphorisms passed down as time-tested investment wisdom for guidance. With trillions of dollars resting on as little as social-media posts, that would be a mistake.
- Reuters14/04 Bullish trade in Apple options reaps gains as shares jump on tariff exemption
-An unidentified options trader's multi-million dollar bet on a short-term rebound in Apple Inc.'s shares was set to reap a sizable profit as the iPhone-maker's shares soared on Monday following the Trump administration's weekend move to grant tariff exclusions for smartphones.
- Reuters14/04 Breakingviews - Time for the rest of the West to club together
-The rest of the West can no longer rely on the United States. The European Union, Japan, Britain, Canada and others need to reduce their dependency on Washington while not becoming reliant on China. That means weaning themselves off the dollar, boosting cooperation in trade and defence, and reaching out to emerging economies such as India.
- Reuters14/04 Breakingviews - Breakingviews: Tariff chaos leaves its mark on US debt costs
-It’s too soon to tell whether the recent selloff in U.S. government debt reflects an exodus of overseas investors. Yet there are early signs that something is afoot. The sheer scale of possible future moves makes it a scenario that investors – and Uncle Sam – must contemplate.
- Reuters14/04 Suspect in arson attack on Pennsylvania governor's residence charged with attempted murder
-The suspect in an arson attack on Pennsylvania Governor Josh Shapiro's residence has been charged with attempted homicide, terrorism, aggravated arson and other felonies after his arrest on Sunday.
- Reuters14/04 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.
- Reuters14/04 Goldman Sachs profit jumps as traders cash in on volatile markets
-Goldman Sachs' profit rose 15% in the first quarter, fueled by stock traders who capitalized on volatile markets to bring in record equities revenue, but its CEO warned of a difficult environment ahead.
- Reuters14/04 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.
- Reuters14/04 Intel to sell majority stake in Altera for $4.46 billion to fund revival effort
-Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker.
- Reuters14/04 Trump health policy uncertainty sends biotech sector into deeper slump
-Trump administration cuts across federal health agencies have sent shivers through a biotech industry already struggling through a prolonged downturn, increasing concerns they will have a harder time getting products approved, investors, company executives and analysts said.
- Reuters14/04 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.
- Reuters14/04 Indian fugitive accused in nearly $2 bln bank fraud arrested in Belgium, source says
-Indian fugitive Mehul Choksi, the jeweller accused of being involved in an alleged fraud of nearly $2 billion against Punjab National Bank in 2018, has been arrested in Belgium, a source with India's Enforcement Directorate told Reuters.
- Reuters14/04 Breakingviews - Jamie Dimon’s actions say even more than his words
-Jamie Dimon is characteristically carrying an umbrella while some of his peers bask in the sunshine. Despite unveiling healthy first-quarter financial results, JPMorgan’s boss warned on Friday of “considerable turbulence” in the economy and the mega-bank set aside $3.3 billion for potential quarterly loan losses. Wells Fargo fared well, too, but kept provisions flat. Past storms suggest that both
- Reuters14/04 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.
- Reuters13/04 Most Gulf markets extend gains on US tariff relief
-Most Gulf stock markets ended higher on Sunday, extending gains from the previous session after temporary U.S. tariff relief boosted sentiment, though global trade uncertainty remains a concern.
- Reuters13/04 India's TCS says retail, travel clients more exposed to US tariff turmoil
-Clients of India's Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company's CEO told Reuters.
- Reuters13/04 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.
- Reuters13/04 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.
- Reuters12/04 UnitedHealth asks healthcare providers for hack loan repayments
-UnitedHealth Group is demanding that healthcare providers repay the loans they received from the company after a cyberattack at its tech unit Change Healthcare last year, according to two providers on Friday.
- Reuters12/04 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.
- Reuters12/04 World Bank to announce $12 billion financing package for Argentina, source says
-The World Bank is poised to announce a $12 billion financing package for Argentina on Friday, supplementing the International Monetary Fund's expected approval of a $20 billion Argentina loan deal, a source with knowledge of the plan said.
- Reuters12/04 Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit
-Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price.
- Reuters12/04 Exclusive: Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says
-Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source familiar with the matter said.
- Reuters11/04 Trump envoy's embrace of Russian demands worries Republicans, U.S. allies
-Less than 48 hours after dining with a negotiator sent by Russian President Vladimir Putin in Washington last week, Steve Witkoff, the U.S. special envoy leading talks with Moscow, sat down with President Donald Trump in the White House and delivered a clear message.
- Reuters11/04 Ten trading days that shook financial markets
-The pain, said Shuntaro Takeuchi, was 10 out of 10.
- Reuters11/04 Wall St Week Ahead Broadening asset volatility intensifies worries for tariff-tossed US stocks
-Wild swings in global markets are poised to keep U.S. stock investors on edge in the coming week, as a weakening dollar and a selloff in Treasuries compound extreme equity volatility that erupted after President Donald Trump launched his sweeping tariffs.
- Reuters11/04 Space startups face uncertainty as US cuts federal spending, report says
-U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12.5% in the first quarter, according to investment firm Seraphim Space.
- Reuters11/04 BlackRock assets hit record but Fink warns of market anxiety
-BlackRock's assets increased to a record high value in the first quarter, but the CEO of the world's largest asset manager said anxiety was dominating markets, even if the recent selloff did not pose risks to financial stability.
- Reuters11/04 US bank profits rise, but executives raise more tariff warnings
-Profits at major U.S. banks beat forecasts in the first quarter as stock trading jumped, but executives warned on Friday that sweeping tariffs could fuel risks and weigh on economic growth.
- Reuters11/04 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.
- Reuters11/04 Breakingviews - Global trade morass calls for an aggressive ECB
-Donald Trump’s erratic policy decisions give the European Central Bank a chance to stop equivocating over whether it should cut rates. The U.S. president on Wednesday delayed the full implementation of his “reciprocal” tariffs. Yet Europe will still be slapped with a 10% tax on U.S. exports, and the threat of a global slowdown remains. That calls for a strong response.
- Reuters11/04 Wells Fargo beats profit estimates but CEO warns tariffs could slow growth
-Wells Fargo's profit rose 6% in the first quarter as it collected more fees in wealth management and investment banking, but its CEO warned that U.S. tariffs risk slowing economic growth.
- Reuters11/04 JPMorgan's profit jumps on record stock trading as CEO Dimon sees economic turbulence
-JPMorgan Chase topped first-quarter profit estimates on Friday, driven by record equities trading and higher fees from debt underwriting and merger advisory.
- Reuters11/04 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.
- Reuters11/04 OPEC output hikes, trade wars have US oil producers wary of 'drill baby drill'
-President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a double whammy of higher crude output from OPEC and on-again, off-again tariffs that have dented demand.
- Reuters11/04 Market distress could see trillions of dollar holdings seek currency protection
-As Donald Trump's grand plan to redefine global trade whipsaws the U.S. dollar, investors who hold tens of trillions' worth assets in the currency may for the first time in decades be seeking ways to protect the value of those holdings.
- Reuters11/04 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.
- Reuters11/04 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.
- Reuters11/04 European shares rise but head for third weekly decline on tariff woes
-European stocks rose on Friday at the end of a volatile week that was dominated by erratic changes in tariffs by the United States and its major trading partners that fuelled concerns over the economic ravages of a trade war.
- Reuters11/04 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.
- Reuters11/04 Investors grapple with tariff-driven economic threat as market swings persist
-Investors hoping for an end to wild market swings were reminded on Thursday that fallout from U.S. President Donald Trump's shifting tariff plans remains a threat to earnings and the economy, and could deal yet more punishment to equities.
- Reuters11/04 Breakingviews - There’s no easy escape from the US bubble economy
-Donald Trump has suspended U.S. tariffs above 10% on imports from countries other than China. Investors let out a collective sigh of relief. Still, the events of recent weeks show that the president is serious about pushing the interests of his political base at the expense of Wall Street. His administration is also promising to reduce the U.S. trade and fiscal deficits. Trump’s policies pose an e
- Reuters11/04 Breakingviews - Fed chair nears second chance to channel his hero
-Jerome Powell’s impressive soft landing only leads to more hard choices. The Federal Reserve chairman’s feat leading an effort to tame runaway U.S. inflation, which dipped to 2.4% as of March, without inducing a recession is in jeopardy of coming undone because of President Donald Trump’s trade war. Having channeled his hero Paul Volcker, who oversaw the central bank under Presidents Jimmy Carter
- Reuters11/04 Hedge funds miss most of the relief rally in equities
-Global equities long/short hedge funds missed out on most of a massive rally in U.S. stocks on Wednesday triggered by U.S. President Donald Trump's announcement of a pause on some tariffs for 90 days.
- Reuters11/04 Well-timed options trades ahead of Trump's tariff pause draw questions
-In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the U.S. stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows.
- Reuters10/04 Canadian exporters inquire on trade insurance as Trump's tariffs heighten risk
-A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their suppliers and customers due to U.S. President Donald Trump's tariffs, insurers said.
- Reuters10/04 Private credit secondary sales set to rise as market turmoil spurs hunt for cash
-Investors are preparing to step up sales of their private credit holdings, as heightened market volatility unleashed by U.S. President Donald Trump's trade wars forces them to find new ways to raise cash, fund managers and executives say.
- Reuters10/04 Oil moves closer to stocks in 2025 as Trump tariffs roil markets
-A positive correlation between global oil benchmark Brent crude and U.S. equities has reemerged in 2025, reflecting concern about the slowing economy and the impact of U.S. President Donald Trump's trade wars.
- Reuters10/04 Intel CEO Lip-Bu Tan's wide-ranging investments in China
-The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.
- Reuters10/04 Intel CEO invested in hundreds of Chinese companies, some with military ties
-Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.
- Reuters10/04 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.
- Reuters10/04 Wall Street's response to tariff shock: client calls and bonus worries
-With markets crashing after U.S. President Donald Trump announced his latest tariffs, Citigroup’s banking head Viswas Raghavan called a global meeting of senior bankers on Monday and told them to get on the phone with their clients.
- Reuters10/04 Breakingviews - US-China trade clash risks all-out financial war
-In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised those on China from 104% to 125%. The upshot? The world’s two largest economies remain locked in a retaliatory standoff that torches $600 billion in bilateral trade and could yet spiral out of control.
- Reuters10/04 Breakingviews - EU’s SpaceX rival demands more than financial fuel
-European governments know they need a viable alternative to SpaceX. But it will take more than state largesse to build a rival to Elon Musk’s satellite behemoth. The continent’s space sector also requires supportive policy, new technologies and far greater ambition.
- Reuters10/04 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.
- Reuters10/04 Wall Street's week of whiplash brought fear, relief and caution
-Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump's tariff policy, scrambling to figure out strategies and calming clients as trillions were wiped off stock market values.
- Reuters10/04 US tariff mania keeps everyone on edge: podcast
-President Trump’s import-levies bonanza, however it evolves, is arbitrary enough to upend easy assumptions about how the White House, the Federal Reserve and American trade partners can or will proceed. In this week’s Viewsroom podcast, Breakingviews columnists gauge the fallout.
- Reuters10/04 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.
- Reuters10/04 Ray Dalio calls for US trade deal with China
-Ray Dalio, founder of the world's largest hedge fund, called for a U.S. deal with the Chinese on tariffs and said that the next goal for U.S. President Donald Trump's administration should be to cut the country's deficit to 3% of GDP.
- Reuters10/04 Wall Street bosses fear anti-American backlash as Trump's trade war intensifies
-Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions.
- Reuters10/04 Breakingviews - Breakingviews: Trump’s tariff retreat leaves lasting US scars
-Americans have been celebrating their freedom from monarchical rule for nearly 250 years, but Liberation Day will not make it onto the 2026 calendar. President Donald Trump’s economic version of the Declaration of Independence ended on Wednesday afternoon, less than seven days after he unveiled it with great fanfare in the White House Rose Garden. He rolled back most of his reckless tariffs, spark
- Reuters10/04 Venezuela's oil flows again, after a week of panic
-Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ports after the U.S. applied tariffs that President Donald Trump imposed on importers of the OPEC nation's oil, according to shipping data and documents.
- Reuters10/04 Trump says TikTok deal is still 'on the table'
-President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of TikTok is still "on the table" days after it was put on hold.
- Reuters09/04 Breakingviews - Walmart’s happy face is hard to reflect back
-Walmart CEO Doug McMillon is smiling, improbably, like the company’s yellow happy-face symbol. The $700 billion retailer clung to its annual financial forecasts despite rising U.S. tariffs and recession risks. The sheer number of unpredictable moving parts, however, blunts the reassurances.
- Reuters09/04 US 30-year mortgage rate dropped last week, applications surged
-The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications even as global stocks tumbled in the wake of President Donald Trump's decision to impose sweeping tariffs on trading partners the world over.
- Reuters09/04 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.
- Reuters09/04 Breakingviews - Big Pharma has partial immunity from Trump tariffs
-The $1.7 trillion revenue prescription drug industry has a relatively robust immunity to tariffs. Last Wednesday, when U.S. President Donald Trump unveiled a raft of duties on countries and industries he held back on hitting pharmaceuticals. He followed up on Tuesday by saying he would soon announce a “major” tariff on pharmaceutical imports. But the industry’s complex supply chains and the risk o
- Reuters09/04 Trump tariffs anxiety: Individual investors flood advisers with calls but stay in the market
-Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump's sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks havoc with portfolios.
- Reuters09/04 Exclusive: ECB braces for bigger-than-anticipated growth hit from tariffs - sources
-Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank and the turmoil could also drag inflation down in the near term, four sources told Reuters.
- Reuters09/04 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.
- Reuters09/04 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.
- Reuters09/04 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.
- Reuters09/04 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.
- Reuters09/04 Trade war pressures South Korea to cut rates faster and deeper
-South Korea's central bank may be forced to bring forward or deepen interest rate cuts this year as Asia's fourth-largest economy grapples with the risk of recession due to the escalating U.S. trade war.
- Reuters09/04 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.
- Reuters09/04 Sharp US bond selloff revives flashbacks of COVID-era 'dash-for-cash'
-A violent U.S. Treasury selloff, evoking the COVID-era "dash for cash," has reignited fears of fragility in the world’s biggest bond market.
- Reuters09/04 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.
- Reuters09/04 Vietnam's deputy PM to meet US's Bessent, Boeing on Wednesday, schedule shows
-Vietnam's Deputy Prime Minister is set to talk on Wednesday with U.S. Treasury Secretary Scott Bessent and plans also to meet Boeing, SpaceX and Apple executives this week, according to an internal schedule seen by Reuters.
- Reuters08/04 US 10-year yield won't dance to Bessent's tune: McGeever
-Short-term stock price moves are rarely meaningful – especially not when markets are panicking – but the 10-year U.S. Treasury yield's round-trip since President Donald Trump's 'Liberation Day' last week is extraordinary.
- Reuters08/04 Boeing deliveries in March jump by 41% compared to a year earlier
-Boeing delivered 41 jets in March, up from 29 during the same month a year ago, the company announced Tuesday, though the figure was slightly lower than the 45 handed over in January and 44 in February.
- Reuters08/04 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.
- Reuters08/04 Exclusive: Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups
-Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize on global investors' interest in backing U.S. artificial intelligence companies, sources told Reuters.
- Reuters08/04 Breakingviews - Texas market bulls run into ferocious bear case
-Everything keeps getting bigger in Texas. In a sign of anticipated corporate growth, the New York Stock Exchange and Nasdaq are galloping to Dallas to prevent a new local stock market from wrangling their customers. The city has ambitions of becoming a far more powerful commercial hub, but for now there’s less substance than swagger.
- Reuters08/04 Breakingviews - Chipmaker crafts tricky recipe for chaos-era M&A
-It’s encouraging for dealmakers that a multibillion-dollar transaction can get announced amid a global market meltdown and extreme economic uncertainty. What’s less reassuring is that the enabling factors in this case seem idiosyncratic.
- Reuters08/04 Saudi's Ma'aden weighs foreign partner for minerals processing pact
-Saudi Arabia's flagship mining company Ma'aden is considering choosing at least one of four foreign firms to form a rare earths processing partnership, three sources with knowledge of the matter said, as the kingdom bids to become a global critical minerals hub.
- Reuters08/04 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.
- Reuters08/04 Breakingviews - Markets’ tariff carnage can get much, much worse
-The age-old warning to unsophisticated investors hungry to buy a dip: beware catching a falling knife. U.S. equity markets are collapsing, with the S&P 500 heading towards the 20% bear market decline threshold after notching its worst two consecutive trading days since March 2020. It might just be the start. As investors parse through the damage after President Donald Trump raised U.S. tariffs to
- Reuters08/04 Breakingviews - China will struggle to deal with its overcapacity
-China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that consumers in the People's Republic will need a lot more government support to absorb some of the slack.
- Reuters08/04 Tariff-driven Wall Street pain sparks investors to weigh more gloomy scenarios
-A dramatic U.S. stock slide is fanning fears of even more dire scenarios for the market, as investors weigh the potential for a prolonged global trade war and a much dimmer corporate profit outlook.
- Reuters08/04 Market turmoil rewrites the lessons of investing: podcast
-From the crisis of 2008 to the pandemic to Trump’s tariffs, governments and central banks have influenced asset prices. In this episode of The Big View podcast Mark Haefele, chief investment officer of UBS’s wealth management unit, talks about the stark message for investors.
- Reuters08/04 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.
- Reuters08/04 Indonesia stock market falls 9%, rupiah drops to record low
-Indonesia's stock market dropped 9% in early trade on Tuesday, triggering a 30-minute trading halt, and the rupiah fell 1.8% to a record low as markets reopened after an extended holiday break and reacted to the global market turmoil caused by U.S. tariffs.
- Reuters08/04 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.
- Reuters08/04 Japan's Nikkei jumps 6%, rebounds from 1-1/2-year low on US tech boost
-Japan's Nikkei share average rose 6% on Tuesday in a widespread rally, rebounding from a 1-1/2-year low hit in the previous session, as local traders assessed strong performances of U.S. technology stocks.
- Reuters08/04 Senator Warner says new Trump TikTok extension may violate law
-The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S. assets violates the law.
- Reuters07/04 US health insurers jump as 2026 Medicare payment rates exceed expectations
-The U.S. announced a 5.06% average increase in the government's final reimbursement rates for 2026 Medicare Advantage health plans run by private insurers, more than double the increase it proposed in January.
- Reuters07/04 Trading Day: Trump's tariff wrecking ball still swinging
-TRADING DAY
- Reuters07/04 Tariff-whipped Wall Street wonders: will Trump blink?
-Investors are trying to game out how much tolerance U.S. President Donald Trump has for stock market losses after his latest tariff policies ignited a more than 10% wipeout on Wall Street, with some still holding out hope of eventual relief.
- Reuters07/04 Costa Rica government used development bank funds for kickbacks, prosecutor alleges
-Costa Rican officials awarded kickbacks to a top government ally using funds from the Central American Bank for Economic Integration (CABEI), prosecutors alleged on Monday, filing charges against the president and a top minister.
- Reuters07/04 Singapore's DBS, BoC customer data at risk after ransomware attack on vendor
-Some customer information from Singapore's DBS Group and Bank of China's branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT).
- Reuters07/04 Nigerian court adjourns Binance, executives' tax evasion trial to April 30
-A Nigerian court has adjourned a tax evasion case against Binance to April 30 to allow the local tax authority to respond to a request by the cryptocurrency exchange to annul an order for court documents to be served on it by email, a lawyer for Binance said on Monday.
- Reuters07/04 Musk's DOGE team can access sensitive data for now, appeals court rules
-A divided federal appeals court on Monday put on hold a preliminary injunction that had blocked the U.S. Office of Personnel Management and the Department of Education from turning over sensitive data toElon Muskand his Department of Government Efficiency.
- Reuters07/04 Singapore invokes foreign interference law against property tycoon's family
-Singapore will designate four members of the family behind Hong Kong property developer Sino Group as "politically significant persons" over their ties to a Chinese parliamentary advisory body, its home affairs ministry said on Monday.
- Reuters07/04 Wall Street 'fear gauge' flashes red as stocks extend selloff
-Wall Street's most watched gauge of investor anxiety jumped to a new eight-month high on Monday as U.S. stocks extended their selloff from last week on worries over the fallout from U.S. President Donald Trump's tariff policy.
- Reuters07/04 Argentina's zombie mortgage market is coming back to life
-Argentina's mortgage market, for years almost non-existent due to spiraling triple-digit inflation and high borrowing costs, is starting to show signs of coming back to life under the pro-market reforms of libertarian President Javier Milei.
- Reuters07/04 Morning Bid: Stocks crater again, no 'ifs' or 'puts'
-What matters in U.S. and global markets today.
- Reuters07/04 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.
- Reuters07/04 JPMorgan CEO Dimon warns tariffs could slow US growth, fuel inflation
-JPMorgan Chase CEO Jamie Dimon cautioned investors that the turmoil caused by U.S. tariffs and a global trade war could slow growth in the world's largest economy, spur inflation and potentially lead to lasting negative consequences.
- Reuters07/04 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.
- Reuters07/04 Breakingviews - Trade war brinkmanship multiplies economic damage
-The old geostrategic aphorism - “never get involved in a land war in Asia” - could be amended to include trade conflicts. U.S. President Donald Trump has ignored that advice, diving headlong into a contest with China, India and Vietnam, not to mention every other nation and sparsely inhabited island on earth, by imposing a range of tariffs on U.S. imports. While the United Kingdom and European Uni
- Reuters07/04 Breakingviews - Yuan is strategic barometer for China post-tariffs
-The first daily fix for the renminbi’s dollar trading band this week reveals much about China's thinking in the short-term about its trade relationship with the U.S. and the rest of the world, but Beijing's long-term strategic calculus is quickly coming into focus too.
- Reuters07/04 Breakingviews - Now is the time for a bold new UK-EU relationship
-Say goodbye to the old “special relationship” between Britain and the United States. Say hello to a new special relationship across the English Channel.
- Reuters07/04 Hedge funds capitulate, investors brace for margin calls in market rout
-Some hedge funds say they are offloading all or most of their holdings of stocks as U.S. President Donald Trump's trade war wipes out trillions of dollars of market value and forces them to curtail trading using borrowed cash.
- Reuters07/04 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.
- Reuters07/04 Indian shares tumble as trade war, US recession fears fuel turmoil
-Indian shares fell sharply on Monday as concerns over a trade war and growing recession fears in the U.S. continued to fuel a global stock market rout.
- Reuters07/04 China stocks sink on trade war fears; Hong Kong dives 10%
-Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.
- Reuters07/04 Bill Ackman warns Trump is losing business leaders' confidence
-Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war.
- Reuters07/04 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.
- Reuters07/04 Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses
-Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.
- Reuters06/04 US investors braced for more volatility, bumps ahead of Monday trading open
-Some traders believe the stock market will at least attempt to stage a comeback of sorts.
- Reuters06/04 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.
- Reuters05/04 Protesters rally across Spain against housing crisis, tourist flats
-Hundreds of thousands marched across 40 Spanish cities on Saturday to protest against soaring rents and a lack of affordable homes in a country that enjoys Europe's fastest economic growth and yet suffers from a severe housing shortage exacerbated by a tourism boom.
- Reuters05/04 US Senate Republicans pass measure to move forward on Trump's tax cuts
-The U.S. Senate approved a Republican budget blueprint early on Saturday that aims to extend trillions of dollars worth of President Donald Trump's 2017 tax cuts and sharply reduce government spending.
- Reuters05/04 Financial markets face fear, shellshock as global trade war looms
-Alarm about the fallout from President Donald Trump's sweeping tariffs gripped global financial markets, with Wall Street's fear level at a five-year high while financial executives expressed shock and worry about economic growth.
- Reuters05/04 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.
- Reuters05/04 Berkshire dismisses 'false' reports on Buffett comments after Trump shares video
-Berkshire Hathaway said on Friday that reports on social media regarding comments allegedly made by its chairman are "false," after Donald Trump's account on Truth Social shared a video suggesting that Warren Buffett endorsed the U.S. president's economic policies.
- Reuters05/04 Trading Day: Trump tariffs wipe $5 trillion off Wall Street
-Bears, fears and tears.
- Reuters05/04 Wall St Week Ahead Shell-shocked markets brace for more tariff tumult
-Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump's sweeping import levies keeping investors on edge after the worst week for U.S. stocks since the onset of the coronavirus crisis five years ago.
- Reuters04/04 Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock
-Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, growing increasingly bearish after President Donald Trump's shock announcement of harsher-than-expected global tariffs, according to bank notes to clients on Friday.
- Reuters04/04 Tariff turmoil puts a freeze on global M&A dealmaking
-From Wall Street to Israel and Sweden, U.S. President Donald Trump's new tariffs -- and the global equities sell-off they sparked -- have rapidly scuttled acquisitions and IPOs.
- Reuters04/04 Trump TikTok sale deadline looms as US looks for deal
-China's ByteDance faces a Saturday deadline to sell the U.S. assets of TikTok to a non-Chinese buyer, which was imposed by President Donald Trump in January, or face a ban that was supposed to take effect in January under a 2024 law. Trump said Thursday his administration is "very close" to reaching a deal on TikTok, with multiple investors involved.
- Reuters04/04 How Indian bank IndusInd's push for profits and lax controls drove it to a crisis
-IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the biggest crisis for the lender in its three-decade history, multiple sources said.
- Reuters04/04 BOJ's Ueda warns of hit to Japan economy from Trump tariffs
-Bank of Japan Governor Kazuo Ueda said on Friday the central bank will scrutinise the impact of U.S. tariffs on the country's economy when setting monetary policy, warning the higher levies will likely weigh on global and domestic economic growth.
- Reuters04/04 Breakingviews - Shifting world order suits ‘inbetweener’ economies
-If there was any remaining doubt, the unipolar U.S. moment is over. On January 30 newly installed U.S. Secretary of State Marco Rubio called time on the country’s three-decade-long run as the sole arbiter of global affairs, calling it an “anomaly”. A fortnight later, Secretary of Defense Pete Hegseth explained clearly the new dynamic when he described China as a “peer competitor” and told other me
- Reuters04/04 Delivery boom draws Russians to courier jobs in search of extra cash
-Elena and Viktor's apartment is packed with large, colourful rucksacks and the two bicycles they call their "iron horses". They have quit their regular jobs, seeking better pay and more flexible hours to work full time as delivery couriers.
- Reuters04/04 After tariff shock, Trump may weaponise finance against allies
-With the ink still fresh on U.S. President Donald Trump's latest batch of tariffs, some are already bracing for what may come next in his effort to strong-arm trading partners into doing his bidding.
- Reuters04/04 Japanese stocks tumble as banks slump on tariff jitters
-Japanese stocks sank on Friday to their lowest levels since last August, and were set for their sharpest weekly drop in five years, as fears of a global recession in the wake of U.S. President Donald Trump's sweeping tariffs gripped markets.
- Reuters04/04 Hackers strike Australia's largest pension funds in coordinated attacks
-Hackers targeting Australia's major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund, according to a source with knowledge of the matter, and compromised more than 20,000 accounts.
- Reuters04/04 Exclusive: Hailey Bieber explores sale of her makeup brand Rhode, sources say
-Model Hailey Bieber is exploring a sale of her makeup brand Rhode that could be worth more than $1 billion, according to three people familiar with the matter.
- Reuters03/04 Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
-Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
- Reuters