Reported 12 days ago
中国电动车巨头比亚迪（BYD）周二表示，预计第一季度净利润将同比增长86.0%-118.9%。
Source: YAHOO
Reported 12 days ago
Hong Kong leader John Lee announced plans to sign more free trade agreements to mitigate risks from high U.S. tariffs, which he described as 'ruthless' and damaging to global trade. Despite the 54% tariff increase affecting Hong Kong, the city remains committed to being a free port, without imposing retaliatory tariffs. Lee emphasized efforts to strengthen trade links with regions such as Southeast Asia and the Middle East, and to establish new trade offices while negotiating investment agreements with countries like Saudi Arabia and Peru.
Source: YAHOO
Reported 12 days ago
China has vowed to retaliate strongly against U.S. tariffs threatened by Donald Trump, as tensions between the world's two largest economies escalate. The Chinese Ministry of Commerce stated its commitment to ‘fight to the end’ against U.S. pressure, amidst efforts to support their markets through monetary measures. This situation raises fears of a prolonged trade war, as Trump’s proposed tariffs could significantly increase import costs from China.
Source: YAHOO
Reported 12 days ago
Japan's Nikkei index surged 6% on Tuesday, bouncing back from a 1-1/2-year low, driven by investor optimism spurred by a recovery in U.S. tech stocks. The Nikkei closed at 33,012.58, marking its largest daily gain since August. The rise followed strong performance in U.S. semiconductor stocks and increased futures, although concerns remain about the impact of U.S. tariffs on Japan's export-driven economy.
Source: YAHOO
Reported 12 days ago
Following a call between US President Donald Trump and Japanese Prime Minister Shigeru Ishiba, Japan is positioned to take precedence in upcoming trade negotiations regarding tariffs. This comes as Trump imposed significant tariffs on Japan, which have raised concerns in the Japanese auto industry. The swift response from Japan aims to mitigate the potential impacts of these tariffs, and optimism about easing duties has led to a surge in Japanese stock prices.
Source: YAHOO
Reported 12 days ago
Chicago Federal Reserve Bank President Austan Goolsbee highlighted growing anxiety among businesses regarding U.S. tariffs under President Trump's administration. He emphasized the need for the central bank to focus on concrete economic data when determining its policy response, warning that escalating tariffs could lead to inflation akin to the conditions seen in 2021 and 2022. While acknowledging the potential for trade negotiations to avert severe tariff increases, Goolsbee noted that shifts in spending behavior could compel a Fed reaction, contingent on economic growth and price trends.
Source: YAHOO
Reported 12 days ago
Levi's executives expressed uncertainty regarding the effects of Trump's tariffs on their earnings during an April 2025 earnings call, stating they are currently developing strategies to address the situation. Despite the unclear outlook, the company's annual profit estimates remain unchanged, and shares rose over 8% following a quarterly earnings beat. However, concerns linger about the sustainability of this rally in light of increasing tariffs from the U.S. and retaliatory measures from countries like China and Vietnam.
Source: YAHOO
Reported 12 days ago
As panic spreads in global markets, world leaders are scrambling to negotiate with President Trump to reduce tariffs ahead of imminent increases. However, uncertainty surrounds Trump's criteria for any deal, leading to frustration among affected nations. With many countries proposing drastic changes to avoid large tariffs, including Vietnam and Taiwan, the responses from Trump's administration remain vague. Despite calls for clarity, Trump's strict stance on trade deficits leaves nations guessing about the feasibility of negotiations, creating volatility in markets as leaders from various countries seek resolution.
Source: YAHOO
Reported 12 days ago
Asian stocks opened higher following a volatile session in the US, where concerns over President Trump's trade war led to significant market swings. Japan and Australia saw strong gains, while futures for the S&P 500 and Nasdaq 100 rose over 1%. As traders react to the ongoing tariff disputes, particularly with China, fears of an economic downturn persist. Trump’s administration signaled potential negotiations but remained firm on tariffs, leading to a cautious trading atmosphere.
Source: YAHOO
Reported 12 days ago
PNC Financial Services Group has appointed Mark Wiedman, a former executive from BlackRock, as its new president, effective immediately. Wiedman, who previously served as head of global client business at BlackRock, will also take on the presidency of PNC Bank and report to CEO William Demchak. He succeeds Michael Lyons, who left earlier this year to join Fiserv.
Source: YAHOO
Reported 12 days ago
South Korea's Hanwha Aerospace has revised its capital increase plan, reducing it from 3.6 trillion won to 2.3 trillion won ($1.6 billion), as directed by the Financial Supervisory Service. This change is aimed at better aligning the capital raising with the company's overall restructuring strategy. The firm has also projected significant revenue growth for 2025, expecting 30 trillion won in revenue.
Source: YAHOO
Reported 12 days ago
GameStop shares have increased again after a significant surge last Friday, managing to resist the wider market sell-off driven by tariff concerns. Investors should closely monitor support levels at $20 and $18, along with resistance levels at $29 and $34, as the stock experiences conflicting technical signals such as a potential death cross. CEO Ryan Cohen's recent purchase of 500,000 shares has further fueled interest in the stock, despite the year-to-date decline of about 23%.
Source: YAHOO
Reported 12 days ago
Paramount Global and Skydance Media's $8 billion merger deadline has been automatically extended by 90 days beyond April 7, as stipulated in their agreement. This extension comes as the companies await regulatory approval, specifically from the Federal Communications Commission. A Delaware judge is also reviewing claims from a class action lawsuit alleging that the sale short-changes public shareholders. Meanwhile, an investor group had previously proposed a higher bid for Paramount, which was rejected by the company's board.
Source: YAHOO
Reported 12 days ago
US stock futures saw an upswing on Monday night, recovering from a turbulent day on Wall Street when the Dow Jones dropped significantly amid escalating trade tensions sparked by President Trump's tariff plans. The S&P 500 and Nasdaq also gained, though major indices remained on edge as investors reacted to the potential impact of the tariffs on the market, with key figures on Wall Street expressing concerns.
Source: YAHOO
Reported 12 days ago
Samsung Electronics reported a smaller-than-expected decline in Q1 operating profit, at 0.2%, driven by strong memory chip and smartphone sales as customers stockpiled ahead of potential U.S. tariffs. The estimated operating profit of 6.6 trillion won exceeded analysts' expectations, with increased demand for Samsung's products helping to boost performance despite general price dips in memory chips. However, analysts predict a weaker second quarter due to anticipated decreases in shipments.
Source: YAHOO
Reported 12 days ago
On April 8, investors are closely monitoring the implications of President Trump's ultimatum regarding China's 34% tariff, which could trigger an additional 50% tariff from the US. Key earnings reports from Tilray and Cal-Maine are expected, with analysts anticipating profit growth for Tilray. Additionally, commentary from San Francisco Fed President Mary Daly and the release of the Small Business Optimism Index, projected to show a decline, will provide further insights into market sentiment.
Source: YAHOO
Reported 12 days ago
Avelo Airlines has announced it will commence federal deportation flights from Arizona starting in May, as part of a contract with the U.S. Department of Homeland Security's Immigration Control and Enforcement agency. CEO Andrew Levy acknowledged the controversial nature of this decision, stating it would aid in the airline's expansion and job security. The move has drawn criticism from local leaders and immigrant advocacy groups, with calls for a boycott of the airline.
Source: YAHOO
Reported 12 days ago
Chevron will initiate a seabed survey in the east Mediterranean this summer to create a pipeline connecting a significant natural gas deposit in Cyprus to processing facilities in Egypt, as announced by Cypriot officials. The pipeline will link the Aphrodite field, which holds an estimated 4.5 trillion cubic feet of gas, with a facility on Egypt’s coast, emphasizing Cyprus's role as a new energy supplier for neighboring countries and the EU. This project is part of Chevron's broader strategy in the region.
Source: YAHOO
Reported 12 days ago
Warren Buffett is one of the few billionaires to see an increase in his wealth this year, adding $11.5 billion to reach a total of $153.5 billion. This comes after a significant selloff in global equities triggered by President Trump's tariffs, which caused most of the world's richest individuals to lose vast amounts of wealth. Despite a drop in Berkshire Hathaway shares, Buffett's relatively stable performance reflects resilience in the property and casualty sector. He remains the fourth-richest person globally, alongside a select few who have gained wealth amid the downturn.
Source: YAHOO
Reported 12 days ago
A brief seven-minute rumor about President Trump pausing tariffs led to a massive $2.5 trillion surge in U.S. stocks, only for investors to grow cautious when it was proven false. The market fluctuated throughout the day as uncertainty lingered regarding Trump's trade policies, with whispers of potential outcomes ranging from economic uplift to a bear market. Traders are now faced with the challenge of adapting to the unpredictability of Trump's decisions, which are overshadowing traditional market indicators like Federal Reserve actions.
Source: YAHOO
Reported 12 days ago
Anthropic, the U.S. AI company behind the Claude chatbot, announced it will create over 100 jobs in Europe, particularly in Dublin and London, as it named Guillaume Princen as its head for the Europe, Middle East, and Africa region. The roles will span sales, engineering, research, and business operations, aligning with the increasing demand for advanced AI capabilities at this pivotal time for businesses.
Source: YAHOO
Reported 12 days ago
U.S. immigration authorities have quietly revoked numerous student visas for foreign nationals at prominent universities, including Harvard, Tufts, and Stanford, raising alarm among campus officials. This trend is part of broader immigration enforcement under the Trump administration, with criticism focusing on actions perceived as targeting international students and restricting freedom of speech. Several affected students are currently detained pending deportation, and colleges are investigating the scope of the visa cancellations.
Source: YAHOO
Reported 12 days ago
Fintech companies such as Robinhood and Affirm are experiencing significant stock declines due to President Trump's newly imposed tariffs, which raise fears of higher consumer prices, reduced spending, and a possible recession. Analysts warn that these companies, which rely heavily on consumer spending for loans and investments, may be particularly vulnerable. The situation is compounded by rising delinquency rates in loan payments, and while some analysts suggest that lower Treasury yields could mitigate risks, overall market sentiment remains troubled.
Source: YAHOO
Reported 12 days ago
The U.S. Environmental Protection Agency has granted Texas its first permit for carbon dioxide injection, allowing Occidental's Oxy Low Carbon Ventures to drill three wells in Ector County to store 8.5 million metric tons of CO2. This move aligns with efforts to reduce emissions and support carbon capture technologies, although concerns about its environmental impacts, such as potential earthquakes, have emerged. There's also uncertainty regarding the future of federal subsidies for these projects as political supports shift.
Source: YAHOO
Reported 12 days ago
On April 7, 2025, Brent crude futures and options on the Intercontinental Exchange hit record trading volumes, surpassing those during the pandemic as fears of a global trade war and OPEC's output increase weighed on the market. The announcement of tariffs by U.S. President Trump added to concerns, pushing oil prices to four-year lows. This shift in focus among traders reflects heightened uncertainty about global economic conditions and oil demand going forward.
Source: YAHOO