By Jamie McGeever ORLANDO, Florida (Reuters) – – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Bonds bounce back Global trade uncertainty cranked up several notches this week amid a flurry of court rulings around U.S. tariffs and President Donald Trump accusing China of violating a deal with …
By Siyi Liu, Arathy Somasekhar SINGAPORE/HOUSTON (Reuters) -U.S. exporters face potential disruption to their shipments of petrochemical feedstock ethane after the Commerce Department told them to seek licenses to export to top buyer China, according to trade sources and shipping data. Chinese petrochemical producers rely on the United States for almost all their ethane imports, …
US ethane exports to China hit new road block with license requirement Read More »
By Anton Bridge TOKYO (Reuters) -Nomura Holdings, Japan’s largest investment bank and brokerage, is committed to growing its business in the United States despite recent market volatility, its chief executive said on Friday. The announcement of sweeping tariffs in April triggered market turbulence and led some investors to sell down U.S. assets as they question …
Japan’s Nomura committed to growth of US business, CEO says Read More »
HANOI (Reuters) -Vietnamese authorities have seized thousands of fake products, including imitation Rolex watches and Prada handbags, during a raid at a shopping mall in business hub Ho Chi Minh City, state media reported on Friday. The raid at Saigon Square Shopping Mall comes as Vietnam steps up its fight against counterfeits and digital piracy, …
Vietnam seizes fake Rolex, Prada items in counterfeit crackdown, state media reports Read More »
By Andres Gonzalez and Emma-Victoria Farr LONDON (Reuters) -Daniel Kretinsky-backed Czech energy group EPH and Japanese trading house Itochu are expected to make preliminary bids for Irish utility Energia Group, according to two sources with knowledge of the situation. Other expected bidders include investors Ardian, Asterion and CPP Investments, the people said. Itochu is expected to …
Exclusive-Kretinsky’s EPH, Itochu among expected bidders for Energia, sources say Read More »
BEIJING (Reuters) -China has issued a ban on all imports of poultry and related products from Brazil over an avian influenza outbreak, two weeks after suspending import applications from the country’s poultry farms. All direct and indirect Brazilian poultry imports are banned, and will be returned or destroyed if brought or mailed into the country, …
China issues countrywide ban on Brazilian poultry imports Read More »
BEIJING (Reuters) -China found “no abnormalities” during its monitoring of Japanese seafood products, its foreign ministry said on Friday. China and Japan on Wednesday held a consultation on safety of aquatic products, which China had banned after Japan released water from its crippled Fukushima nuclear plant last year. Foreign ministry spokesperson Lin Jian said Japan …
China says tests of Japanese seafood products showed ‘no abnormality’ Read More »
(Reuters) -Hong Kong property developer New World Development said on Friday it would defer coupon payments scheduled for June on perpetual bonds, casting further liquidity concerns for the cash-strapped firm. The builder said it had deferred coupon payments on two perpetual securities due on June 9 and 10, respectively, ahead of a deadline to notify …
Hong Kong’s New World defers coupon payments on perpetual bonds Read More »
By Laurie Chen, Larissa Liao, Sam Tabahriti and John Geddie TOKYO/BEIJING/LONDON (Reuters) -Universities around the world are seeking to offer refuge for students impacted by U.S. President Donald Trump’s crackdown on academic institutions, targeting top talent and a slice of the billions of dollars in academic revenue in the United States. Osaka University, one of …
Global universities seek to lure US-bound students amid Trump crackdown Read More »
(Reuters) -Global equity funds posted outflows for a second straight week through May 28, as risk aversion rose following U.S. President Donald Trump’s tariff threats on EU imports and overseas-made iPhones, alongside a spike in long-tenor bond yields. Investors pulled out a net $7.52 billion from global equity funds during the week following a net …
Global equity funds see second weekly outflow on tariff concerns Read More »
