The U.S. and Russia are aiming to reach a deal to halt the war in Ukraine that would lock in Moscow's occupation of territory seized during its military invasion, Bloomberg News reported on Friday. U.S. and Russian officials are working towards an agreement on territories for a planned summit meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin as early as next week, the report said, citing unnamed people familiar with the matter. A White House official said the Bloomberg story was speculation. A Kremlin spokesperson did not respond to a request for...
The Nikkei 225 and Topix indexes showed mixed movements on Monday as global market sentiment was dampened by the looming threat of new US tariffs. On Sunday, US President Donald Trump announced a blanket 25% tariff on all steel and aluminum imports, set to take effect later today. Domestically, investors looked ahead to key earnings reports this week, particularly from Honda and Nissan, following the fallout from integration talks between the two automakers. Corporate earnings from SoftBank Group, Orix Corporation, Fujikura, Obayasha Corp, and Shiseido are also in focus. In contrast, shares...
Japan's current account surplus increased to JPY 1,077.3 billion in December 2024 from JPY 914.5 billion in the same month a year earlier, falling short of market estimates for a gain of JPY 1,362 billion. Still, it was the 23rd successive month of surplus in the current account, as the services account deficit decreased sharply to just JPY 0.21 billion from JPY 266.3 billion in the previous year. Also, the secondary income gap narrowed slightly to JPY 240.1 billion from JPY 251.5 billion. At the same time, the primary income surplus fell to JPY 1,275.5 billion from JPY 1,308.6 billion in...
Asia-Pacific markets were mixed Friday as investors assessed India's interest rate decision and Japan's household spending data. Australia's S&P/ASX 200 dipped 0.11% to end at 8,511.4. Japan's Nikkei 225 fell 0.72% to close at 38,787.02 and the Topix traded 0.54% lower to end the trading day at 2,737.23. The country's household spending in December rose 2.7% year on year in real terms, sharply beat Reuters' expectations of a 0.2% rise. South Korea's Kospi shed 0.58% to close at 2,521.92, while the small-cap Kosdaq rose 0.35% to close at 742.9. Hong Kong's Hang Seng Index added 1.1%...
Stocks slid on Friday as a mix of news related to tariffs and inflation worried traders to close out the week. Major benchmarks took a leg lower during the session after President Donald Trump said he was planning reciprocal tariffs on trading partners. This could mean raising tariff levels across the board to equal rates charged the U.S. The Dow Jones Industrial Average fell 444.23 points, or 0.99%, to close at 44,303.40. The S&P 500 declined 0.95% to 6,025.99, and the Nasdaq Composite slid 1.36% to end at 19,523.40. Friday's losses left the major averages in negative territory on the...
The S&P 500 fell sharply Friday as investors digested a cooler-than-anticipated jobs report and sharp uptick in inflation expectations just as President Donald Trump announced fresh tariff measures set for next week. the Dow Jones Industrial Average fell 329 points, or 0.7%, the S&P 500 index slipped 0.80%, and the Nasdaq Composite decreased 1.3%. Trump warns of reciprocal tariffs on many countries next week President Donald Trump detailed plans on Friday to impose tariffs next week on U.S. imported goods equal to the rates that trading partners impose on American exports, Reuters...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India's first concrete sign of discontent after tariffs...