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Japan says economy recovering, but flags risks from Trump trade policies

TOKYO (Reuters) – Japan’s government stuck with its cautiously optimistic outlook for the economy U.S. President Donald Trump’s trade policies could dampen global growth and higher inflation could hurt consumer spending. The government maintained its view on the world’s fourth-largest economy, saying it is “recovering moderately” in its monthly report for March, citing strong corporate …

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BOJ keeps interest rates steady, warns of Trump tariff risks

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Wednesday and warned of heightening global economic uncertainty, suggesting the timing of further rate hikes will depend largely on the fallout from potentially higher U.S. tariffs. But Governor Kazuo Ueda also said rising food costs and stronger-than-expected …

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Japan’s exports expand in February on some stockpiling amid tariff fears

By Makiko Yamazaki TOKYO (Reuters) -Japan’s exports rose for a fifth straight month in February, data showed on Wednesday, possibly helped by some stockpiling amid growing concerns over U.S. President Donald Trump’s aggressive tariff policies. Total exports rose 11.4% year-on-year in February, data showed, less than a median market forecast for a 12.1% increase and …

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Nvidia CEO Huang says chipmaker well positioned for shift in AI

By Stephen Nellis and Max A. Cherney SAN JOSE, California (Reuters) -Nvidia CEO Jensen Huang said on Tuesday the company was well placed to navigate a shift in the artificial intelligence industry, in which businesses are moving from training AI models to getting detailed answers from them. Huang, speaking at the company’s annual software developer …

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Australia’s Myer’s profit slumps; shares tank on bleak outlook

By Rishav Chatterjee (Reuters) – Australian department store owner Myer on Wednesday posted lower interim earnings, citing logistical challenges at a distribution centre in Victoria and strategic review costs, while painting a gloomy outlook due to weak economic conditions. The firm, which finalised the purchase of the apparel brands portfolio from rival Premier Investments in …

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Trump still intends for reciprocal tariffs to kick in on April 2, White House says

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. President Donald Trump still intends for new reciprocal tariff rates to take effect on April 2, the White House said on Tuesday, despite earlier comments from Treasury Secretary Scott Bessent that indicated a possible delay in their activation. “The intent is to enact tariffs on April …

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US attorney general calls attacks against Tesla property ‘domestic terrorism’

(Reuters) – U.S. Attorney General Pam Bondi on Tuesday condemned recent violent attacks on Tesla property, adding the Department of Justice has already charged several perpetrators. “The swarm of violent attacks on Tesla property is nothing short of domestic terrorism,” Bondi said in a statement. “We will continue investigations that impose severe consequences on those …

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Australia’s WiseTech founder White admits to incomplete disclosure after review findings

(Reuters) -Australia’s WiseTech Global founder and executive chair admitted he should have fully disclosed details of his personal relationship to the board, after a review found his statements were inaccurate, incomplete and misleading. Richard White accepts the board review’s findings and is supportive of a new and more stringent code of conduct, the tech major …

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Wall Street ends lower on tariff worry as Fed decision eyed

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell on Tuesday to snap a two-session streak of gains, as investors exercised caution ahead of a monetary policy decision from the Federal Reserve, while gauging the potential impact of President Donald Trump’s tariff policies.  The Fed will release its latest policy statement on Wednesday, where …

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White House says reciprocal tariffs still intended to take effect from April 2

WASHINGTON (Reuters) – The Trump administration still intends for reciprocal tariffs to take effect on April 2, a White House official said, clarifying comments from Treasury Secretary Scott Bessent which suggested countries could negotiate before the U.S. government begins collecting new import duties. “The intent is to enact tariffs on April 2,” the official said. …

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