Latest Wikis

Exclusive-BHP considered spinning off iron ore, coal divisions

Reported about 1 hour ago

Writing summary...

Source: YAHOO

View details

Stellantis Announces 350 Job Cuts in Southern Italy

Reported about 1 hour ago

Stellantis has reached an agreement with trade unions for 350 voluntary layoffs at its plants in Pomigliano and Pratola Serra, primarily impacting employees nearing retirement. This decision aligns with the company's strategy to enhance production in Italy, as outlined in plans presented to the government in December. The layoffs involve 300 workers from the Pomigliano assembly plant and 50 from the Pratola Serra engine facility.

Source: YAHOO

View details

Trade fragmentation to curb global growth, raise inflation, ECB's Schnabel says

Reported about 1 hour ago

Writing summary...

Source: YAHOO

View details

Switzerland expands export controls on dual-use goods

Reported about 1 hour ago

Writing summary...

Source: YAHOO

View details

Counting the potential toll of Trump's tariffs on major Asian economies

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

Amid fast pace of change, Fed face time with businesses has become key to policy

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

Maersk expects continued US growth but warns of growing uncertainty

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

Futures dip in run-up to Trump tariffs

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

The Australian Dollar's Diminished Role as a Risk Indicator

Reported about 2 hours ago

The Australian dollar, traditionally viewed as a risk proxy due to its export ties, is losing its correlation with global market sentiment amidst U.S. trade tensions. Despite a steady rise in value, analysts note that the currency's relationship with U.S. stocks has weakened significantly, highlighting a shift in dynamics influenced by U.S. economic policies and a growing reliance on offshore investments. This change in correlation may prompt traders to reconsider their strategies involving the Aussie.

Source: YAHOO

View details

Gold Climbs to Near Record Ahead of Trump’s Latest Tariff Reveal

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

Japan's Terra Drone to boost cooperation with Saudi Aramco for inspections

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

Ahead of US tariffs, Taiwan says it is 'indispensable' to global supply chain

Reported about 2 hours ago

Writing summary...

Source: YAHOO

View details

Trump's reciprocal tariff plan amplifies risk of ocean shipping chaos, executives say

Reported about 3 hours ago

Writing summary...

Source: YAHOO

View details

Understanding the scope of Trump’s tariffs so far, in 4 charts

Reported about 3 hours ago

Writing summary...

Source: YAHOO

View details

Asian Markets Decline Amid Tariff Uncertainty

Reported about 9 hours ago

Asian shares mostly fell as investors reacted to uncertainty surrounding President Trump's impending tariff announcements. Japan's Nikkei 225 experienced a slight recovery while South Korea's Kospi and Hong Kong's Hang Seng declined. The market showed fragility amid worries about the impact of tariffs on inflation and economic growth, prompting a rise in gold prices. In the U.S., stock movements were mixed, with the S&P 500 rebounding slightly, while concerns about slowing economic growth led to a drop in Treasury yields.

Source: YAHOO

View details

BOJ Warns of Global Trade Effects from New US Tariffs

Reported about 9 hours ago

Bank of Japan Governor Kazuo Ueda cautioned that planned new U.S. tariffs could significantly impact global trade and economic growth. This warning comes just before President Trump is set to announce reciprocal tariffs, which could further strain trade relations following existing tariffs on aluminum, steel, and Chinese goods. Ueda emphasized the uncertainty surrounding the effects of these tariffs on trade activities and household spending, indicating that while short-term inflation may rise in the U.S., the long-term effects are unclear. Discussions on this topic are anticipated at the upcoming G20 meetings.

Source: YAHOO

View details

Replit Engages Investors for Potential $3 Billion Valuation

Reported about 9 hours ago

Replit Inc., an AI coding startup, is in discussions for a funding round that could increase its valuation to $3 billion, reflecting a strong interest from Silicon Valley investors in AI-driven software development. The funding could raise around $200 million, as Replit gains attention for its innovative coding tools that simplify software creation, allowing both developers and non-technical users to build applications using AI assistance.

Source: YAHOO

View details

Market Anxiety Grows Ahead of Trump's Tariff Announcement

Reported about 9 hours ago

Asian stocks experienced volatility as investors awaited details of U.S. President Trump's impending tariff plans, raising concerns about a potential global trade war. With existing tariffs on aluminium, steel, and automotive goods already unsettling markets, the latest proposed duties are expected to intensify investor anxiety. Economic indicators suggest a contraction in U.S. manufacturing and declining job openings, further exacerbating market uncertainty. Gold prices remain elevated as a safe-haven asset amid broader concerns over economic stability.

Source: YAHOO

View details

Dollar Holds Steady as 'Liberation Day' Approaches

Reported about 9 hours ago

As traders await U.S. President Donald Trump's tariff announcements on April 2, dubbed 'Liberation Day', the dollar shows slight firmness while other currencies remain stable. Key currencies like the euro and sterling see little change leading up to the news that could introduce sweeping tariffs impacting global trade. Concerns about escalating trade tensions and the potential economic fallout are keeping markets on edge.

Source: YAHOO

View details

Star Entertainment Seeks Bally's Assistance Amid Debt Crisis

Reported about 10 hours ago

Australia's Star Entertainment is exploring a refinancing opportunity with U.S. casino group Bally's Corp after a failed A$940 million proposal from Salter Brothers Capital. The company's financial struggles and regulatory issues have led to a suspension of its shares, with reports indicating it has only a week of cash left to operate. Star's attempts to meet liquidity needs through the Salter proposal fell short, prompting the search for alternative support from Bally's.

Source: YAHOO

View details

Oil Prices Hold Steady as New US Tariffs Loom

Reported about 11 hours ago

Oil prices stabilized in thin trading on Wednesday following a decline driven by concerns over new U.S. tariffs expected to exacerbate a global trade war, potentially impacting crude demand. Brent crude remained at $74.49 a barrel, while U.S. West Texas Intermediate rose slightly to $71.23. Market analysts anticipate that the impending announcement on tariffs could either push prices up or down, with risks leaning towards a decline if the measures underwhelm.

Source: YAHOO

View details

Impact of Trump Administration on US International Tourism

Reported about 11 hours ago

Recent forecasts indicate that international travel to the U.S. is expected to decline by 9.4% this year, nearly doubling earlier predictions due to growing anger over the Trump administration's tariffs and rhetoric. High-profile incidents at U.S. borders and tensions with countries like Canada and Ukraine have further deterred potential visitors, leading to significant financial losses in the tourism sector. The forecast suggests a particularly harsh impact on border states and an overall drop in spending by foreign visitors.

Source: YAHOO

View details

Oil Prices Stabilize Amid Anticipation of US Tariff Announcements

Reported about 11 hours ago

Oil prices remained steady as traders braced for impending US tariff announcements, following a significant rally last month. Brent crude traded below $75 while West Texas Intermediate hovered above $71, with uncertainty prevailing regarding the potential impacts of tariffs on global markets. President Trump is expected to unveil a variety of tariff measures, potentially affecting supply chains and geopolitical dynamics, particularly concerning Russia and Iran. Additionally, US crude inventories have reportedly risen, indicating possible shifts in the market.

Source: YAHOO

View details

Michael Klein Seeks to Regain Chairman Position at Casas Bahia in Brazil

Reported about 11 hours ago

Michael Klein, a veteran in Brazilian retail, has proposed to reclaim his role as chairman of Casas Bahia, a company founded by his father in the 1950s. With a stake of 10.4%, he has requested a shareholders meeting to remove the current chairman, Renato Nascimento, and emphasizes the need for strategic leadership to adapt to modern consumer demands while maintaining executive continuity.

Source: YAHOO

View details

Stock Futures Rise Ahead of Trump's Tariff Announcement Impacting Global Trade

Reported about 12 hours ago

US stock futures saw an uptick as Wall Street prepared for President Trump's impending announcement of new tariffs that could reshape global trade dynamics. Futures for the Dow Jones and S&P 500 rose 0.2%, while Nasdaq futures increased by 0.3%. The announcement, expected on Wednesday, has created uncertainty regarding the specific duties and their potential economic impact, with investors anxious about both opportunities and retaliatory reactions from trading partners. Fresh economic data and the upcoming March jobs report are anticipated to further illuminate the economic landscape.

Source: YAHOO

View details