Asia stocks rise on China stimulus cheer; tariff, recession jitters persist
Asian stocks rose on Monday tracking optimism over the Chinese economy after Beijing outlined targeted measures to boost spending, although persistent concerns over a U.S.-led trade war kept gains limited. Regional markets also took a positive lead-in from a Friday rebound on Wall Street, although the rebound appeared to have petered out with…
US stock futures rise after S&P 500 slips into correction amid Trump tariffs
U.S. stock index futures rose Thursday evening after Wall Street saw the bellwether S&P 500 slipping into correction territory, as concerns over escalating trade war and recession fears outweighed optimism from softer-than-expected inflation data. S&P 500 Futures rose 0.5% to 5,553.0 points, while Nasdaq 100 Futures gained 0.6% to 19,359.50 points by 19.49…
US stock futures fall after Wall St plunge; recession, govt shutdown fears weigh
U.S. stock index futures fell Monday evening after steep declines on Wall Street, as investors weighed recession risks stemming from President Donald Trump’s tariff policies. S&P 500 Futures fell 0.5% to 5,595.0 points, while Nasdaq 100 Futures dropped 0.8% to 19,306.0 points by 20:02 ET (00:02 GMT). Dow Jones Futures were largely unchanged…
US stock futures steady as Trump tariff decisions approach
U.S. stock index futures were largely unchanged on Sunday evening following sharp monthly declines on Wall Street, as investor sentiment remained cautious amid soon-to-be-imposed tariffs. Market participants also analyzed last week’s data revealing a moderate increase in inflation alongside weakening consumer sentiment, creating a nuanced and uncertain outlook for the Federal Reserve’s future…
South Korea exports likely rose in February as extra working days mask trade war hit: Reuters poll
South Korea’s exports are estimated to have risen in February, a Reuters poll showed, but the return to growth was largely due to more working days in the month and economists said the country’s trade momentum was weakening amid a global tariff war. Outbound shipments from Asia’s fourth-largest economy are projected to have…
Microsoft urges easing of AI chip sales restrictions to global partners, WSJ reports
Microsoft (NASDAQ:MSFT) is urging the Trump administration to simplify a new system that would limit the sales of advanced U.S. artificial intelligence (AI) chips globally, the Wall Street Journal reported on Thursday. The company plans to make this call in a blog post scheduled to be released on Thursday, the report said. The…
Trump threatens tariffs on copper, says production should return to the US
U.S. President Donald Trump said on Tuesday that he was looking into imposing import tariffs on copper over allegedly unfair trade practices, and that production of the red metal should return to America. Trump signed an executive order instructing the Secretary of Commerce and the United States Trade Representative to “study copper imports,”…
Japan trading houses shares surge after Buffett flags investment plans
Shares of Japan’s five biggest trading houses rose sharply on Tuesday after billionaire investor Warren Buffett signaled that Berkshire Hathaway (NYSE:BRKa) will likely increase its holdings in the companies. Itochu Corp. (TYO:8001), Mitsui & Co., Ltd. (TYO:8031), Sumitomo, Mitsubishi Corp. (TYO:8058) and Marubeni Corp. (TYO:8002) rose between 2% and 7% in Tokyo trade,…
German business morale stagnates in February ahead of election
Business morale in Germany unexpectedly stagnated in February, a survey showed on Monday, dealing a tough hand to a future government after Sunday’s election in which parties promised to lift Europe’s top economy out of a perpetual downturn. The Ifo institute said its business climate index remained flat at 85.2 in February after…
BOJ ready to increase bond buying if yields jump, says governor Ueda
Bank of Japan Governor Kazuo Ueda said on Friday the central bank stands ready to increase government bond buying if long-term interest rates rise sharply. Ueda said the BOJ’s basic stance was to allow market forces to determine long-term interest rate levels, saying he would not comment on where yields would eventually converge.…
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