News

Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says
Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing ...
LVMH shares slump after luxury giant's Q1 sales miss forecast
LVMH shares sank on Tuesday after the world's largest luxury group posted first quarter revenue that undershot expectations as U.S. shoppers curtailed the purchase of beauty products and cognac while ...
At China's largest trade fair, exporters say US markets are 'frozen'
Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.
Oil price drop turns up heat on emerging market crude exporters
A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...
US steps up probes into pharmaceutical, chip imports, setting stage for tariffs
The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to ...
South Korea unveils $23 billion support package for chips amid US tariff uncertainty
South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 ...
Asia shares rise, bonds hold steady on some tariff reprieve
Asia shares edged slightly higher on Tuesday, helped by gains in auto companies after U.S. President Donald Trump suggested he might grant exemptions on auto-related levies already in place.
Trump administration freezes about $2.3 billion in funding to Harvard
The U.S. Department of Education said on Monday it was freezing about $2.3 billion in federal funds to Harvard University ...
Markets volatile but no huge drop in short-term liquidity, BOJ official says
Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday.
Dollar steady as traders grapple with tariff uncertainty, volatility
The dollar was steady on Tuesday but stayed close to the three-year low against the euro and a six-month trough against the yen it hit last week as investors struggled to make sense of the ...
EUROPE Taxes and tariffs on the mind as relief rally limps along
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
Euro zone banks tightening corporate credit access on rising economic risk, ECB survey shows
Euro zone banks curbed firms' access to credit last quarter and expect to keep tightening credit standards due to increasing concerns about the economic outlook, the European Central Bank's lending ...