By Padraic Halpin DUBLIN (Reuters) – U.S. President Donald Trump’s planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank head Christine Lagarde said on Wednesday. The Trump administration on Wednesday is set to …
Trump’s tariffs will be negative the world over, says ECB’s Lagarde Read More »
ACCRA (Reuters) – Ghana’s annual consumer inflation slowed for a third straight month to 22.4% in March from 23.1% the previous month, as food price pressures eased, the statistics agency said on Wednesday. The easing of inflationary pressures is likely to be welcomed by Ghana’s central bank, which last week surprised the market with a …
Ghana consumer inflation eases to 22.4% in March Read More »
(This April 1 story has been refiled to correct the spelling of commodities in paragraph 4) By Sarupya Ganguly BENGALURU (Reuters) – The U.S. dollar is forecast to stabilize over the coming months despite mounting worries about the economic impact of President Donald Trump’s erratic tariff announcements, according to a Reuters survey of FX strategists. …
US dollar outlook more subdued, but tariffs souring sentiment: Reuters poll Read More »
BERLIN (Reuters) – German plant and equipment makers’ orders increased unexpectedly in February, boosted by strong domestic demand in a difficult climate, the VDMA association said on Wednesday. Overall orders rose 8% in February compared with the samemonth last year in real terms, with German contracts jumping 11%. Foreign orders as a whole rose 7% …
German engineering orders rise unexpectedly in February Read More »
(Reuters) – Rupert Murdoch’s News Corp on Wednesday said it completed the sale of its Australian cable-TV business Foxtel to British-owned sports network DAZN in a A$3.4 billion ($2.14 billion) deal. ($1 = 1.5883 Australian dollars) (Reporting by Rishav Chatterjee in Bengaluru; Editing by Varun H K)
BEIJING (Reuters) – Chinese electric vehicle battery giant CATL said on Wednesday that it will partner with state-owned oil giant Sinopec to build 10,000 battery swap stations. As part of a strategic deal signed in Beijing, the two companies will build at least 500 battery swap stations this year, according to a company statement, which …
China’s CATL, Sinopec plan to build 10,000 battery swap stations Read More »
By Suzanne McGee (Reuters) – U.S. investors poured a record $10.6 billion into exchange-traded funds focused on European stocks in the first quarter, seven times the inflows recorded a year earlier, according to data from BlackRock. As U.S. President Donald Trump’s tariffs and economic policies fuel uncertainty across markets, European equities have emerged as a …
Investors pour record $11 billion into Europe ETFs to ‘Make Europe Great Again’ Read More »
SHANGHAI (Reuters) – The government backers of China’s largest auto show have clashed over who has the rights to organise it, sowing confusion among automakers and would-be attendees just weeks before the opening of the showpiece event in the world’s biggest auto market. ‘Auto China’ alternates between being held in Beijing and Shanghai every year …
China’s main auto show cast in unwelcome spotlight as government backers clash Read More »
By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) -Thailand could suffer a $7 billion to $8 billion export loss from potential U.S. tariffs if the U.S. administration were to even up levies between the two countries, but it has a strategy for trade negotiations, senior officials said on Wednesday. Thai semiconductor exports may face tariffs …
Thailand may lose up to $8 billion from potential US tariffs, says official Read More »
A look at the day ahead in European and global markets from Ankur Banerjee With less than 24 hours left until U.S. President Donald Trump unveils his reciprocal tariff plans to a nervous world, market moves have slowed to a crawl as investors hunker down and minimise their risk ahead of a likely volatile reaction. …
Morning Bid: Markets at a standstill before tariff drama Read More »
