By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian Vice President Geraldo Alckmin on Thursday held a “positive” video call with U.S. Commerce Secretary Howard Lutnick that focused in part on U.S. tariff policy, the vice president’s office said. Lutnick is one of U.S. President Donald Trump’s top trade advisers while Alckmin also serves as the South …
Brazil touts ‘positive’ call with senior U.S. trade official Read More »
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is forecast to have moderated in the final quarter of last year due to slower growth in private consumption and investment, a Reuters poll showed. The economy expanded by 0.5% in October-December over the previous three-month period, according to the median estimate of 21 economists polled …
Brazil’s fourth-quarter economic growth forecast to have slowed: Reuters poll Read More »
(Reuters) – Egypt and the European Commission have signed a 90 million euro ($93.9 million) soft funding agreement to enhance food security, the Egyptian ministry of international cooperation said on Monday. The funding, provided by the European Investment Bank (EIB), aims to improve Egypt’s grain storage and logistics infrastructure. The initiative is part of the …
Egypt and EU agree 90 million euro deal to boost food security Read More »
By Ateeq Shariff (Reuters) – Most stock markets in the Gulf ended lower on Thursday amid U.S. tariff uncertainties, although First Abu Dhabi Bank drove the Abu Dhabi index higher. Market anxiety persisted with escalating trade tensions spark fears of slowing economic growth, following U.S. imposition of 25% tariffs on imports from Mexico and Canada, …
(Reuters) – Futures tied to Canada’s main stock index declined on Thursday as trade tensions lingered despite some reprieve on U.S. tariffs. The futures on the S&P/TSX index were down 1% at 6:30 a.m. ET (1130 GMT). The S&P/TSX composite index recorded a strong rally in the previous session, closing 1.2% higher. U.S. President Donald …
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan Morning Bid U.S. What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets We’ve revamped Morning Bid U.S. to offer you more in-depth markets analysis and commentary. Mike Dolan will help you make sense of the …
Morning Bid: Trouble on Main Street and Wall Street Read More »
By Danial Azhar KUALA LUMPUR (Reuters) – Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday, expecting economic activity to remain strong this year and inflation manageable, but it warned of increasing risks to the global economy. Bank Negara Malaysia (BNM) maintained its overnight policy rate at 3.00%, the same level since May 2023, and …
Malaysia central bank holds key rate steady, flags cloudy global outlook Read More »
By Ethan Wang and Joe Cash BEIJING (Reuters) – China’s exports growth likely slowed in the January-February period, partly due to Lunar New Year disruptions, as escalating tariff pressures from the United States clouded the economic outlook. Outbound shipments were expected to have risen 5% from the previous year in value terms, the median forecast …
China’s exports likely slowed at start of year as U.S. trade clouds gather: Reuters poll Read More »
(Reuters) – Indian steel mills are likely to see a sharp drop in prices after U.S. import tariffs come into effect and reshape global trade of the alloy, potentially redirecting a glut of supply into the South Asian country, S&P Global said in a note. The agency estimated Indian steel may see a price correction …
Indian steel prices may fall as U.S. tariffs reshape alloy’s trade, S&P Global says Read More »
By Fergal Smith (Reuters) -Canada’s main stock index rebounded from a seven-week low on Wednesday, led by gains for metal mining and consumer discretionary shares, as copper prices jumped and Canada gained some relief from hefty U.S. tariffs. The S&P/TSX composite index ended up 298.82 points, or 1.2%, at 24,870.82, after posting on Tuesday its …
