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...
Japanese stocks fell after the close on Monday (2/3), as losses in the Precision Instruments, Real Estate and Food sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 2.69%. The best performers on the Nikkei 225 were Sumitomo Dainippon Pharma Co Ltd (TYO:4506), which rose 16.39% or 100.00 points to trade at 710.00 at the close. Meanwhile, Konami Corp. (TYO:9766) gained 14.14% or 2,025.00 points to close at 16,345.00 and Alps Electric Co., Ltd. (TYO:6770) gained 5.04% or 78.50 points to 1,637.50 in late trade. The worst performers on the session were NH Foods Ltd...
Shares in Hong Kong plunged 266 points or 1.3% to 19,959 in early trading at the start of the new month, reversing gains from the prior three sessions as trading resumed after the Lunar New Year holidays amid widespread sector losses. Investors responded to Donald Trump's extensive tariffs on several nations over the weekend, including China. Meanwhile, Beijing announced plans to challenge Trump's move at the WTO and roll out other countermeasures, intensifying fears of a trade dispute between the two countries. Source: Trading Economics
China's manufacturing activity unexpectedly declined for a second straight month in January, underlining the need for Beijing to step up economic stimulus with Donald Trump slapping tariffs on the country's exports. The Caixin manufacturing purchasing managers index fell to 50.1 from 50.5 in December, according to a statement released by Caixin and S&P Global on Monday. While any reading above 50 indicates an expansion of activity, the figure was well below the median forecast of 50.6 by economists surveyed by Bloomberg. The results of the private survey compare with last month's sharp...
The Nikkei 225 Index dropped 2.2% to around 38,700, while the broader Topix Index fell 2% to 2,730 on Monday, reaching their lowest levels in about two weeks. This decline came after President Donald Trump imposed sweeping tariffs on key US trading partners over the weekend. The US introduced a 25% tariff on goods from Mexico and Canada and a 10% levy on imports from China, raising concerns about the potential disruption to global trade. Meanwhile, a summary of opinions from the Bank of Japan's January meeting revealed discussions about possible interest rate hikes due to ongoing...
Asian stock markets slumped on Monday and U.S. equity futures pointed sharply lower after U.S. President Donald Trump's tariffs on Canada, Mexico and China triggered fears of a broad trade war and hit to global growth. The U.S. dollar shot to a record high against the Chinese yuan in offshore trading, and jumped to the highest since 2003 against Canada's currency and the strongest since 2022 versus Mexico's peso. Source: 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...