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S.Korea signals rate cuts in May, year ahead as Trump tariffs pose ‘significant’ risks

By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank on Thursday signalled it would cut rates in May and left the door wide open to further monetary easing to cope with “significant” risks to the economy from U.S. President Donald Trump’s sweeping ...
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Morning Bid: No surprise at Japan talks, except Trump

A look at the day ahead in European and global markets from Rocky Swift U.S. President Donald Trump unexpectedly gate-crashed tariff talks with Japan, and markets breathed a sigh of relief that it wasn’t a disaster. Japan was the first major trading partner to negotiate directly ...
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Italy’s Meloni will test her mettle as EU-US bridge when she meets Trump in Washington

MILAN (AP) — Italian Premier Giorgia Meloni will test her mettle as a bridge between the EU and the United States when she meets with U.S. President Donald Trump in the White House on Thursday, the first European leader to have a face-to-face with ...
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Power blackout hits all of Puerto Rico as residents prepare for Easter weekend

SAN JUAN, Puerto Rico (AP) — A power blackout hit all of Puerto Rico on Wednesday as the heavily Catholic U.S. territory prepared to celebrate the Easter weekend. All 1.4 million clients were affected, Hugo Sorrentini, spokesman for Luma Energy, which oversees the transmission and ...
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AP PHOTOS: Trump tariffs threaten the survival of the centuries-old Kashmiri carpet industry

SRINAGAR, India (AP) — Mohammad Yousuf Dar and his wife, Shameema, sit cross-legged before their loom, deftly tying consecutive knots to create the floral patterns of the famed Kashmiri carpets that are now threatened by the Trump administration’s sweeping tariffs. Genuine hand-knotted Kashmiri carpets are ...
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BHP says tariff impact on global economy could be significant

By Roushni Nair and Melanie Burton (Reuters) -BHP Group said that an escalating trade war could harm the world economy and adaptation was key to sustaining global growth, as it reported a slight decline in iron ore production in the third quarter on Thursday. The ...
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Asian shares mark moderate gains in the face of anxiety over Trump’s trade war

TOKYO (AP) — Asian shares mostly rose Thursday, despite the continued fretting over President Donald Trump’s trade war, with all eyes on negotiations that just began between the administration and Japan. Japan’s benchmark Nikkei 225 gained 0.7% to 34,142.86 in morning trading. Honda stock price ...
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South Korea watchdog orders Hanwha Aerospace to resubmit share issue plan

SEOUL (Reuters) – South Korea’s financial watchdog ordered on Thursday Hanwha Aerospace to submit another revision to its share issue plan, pushing back on the capital raising plans of the country’s largest defence contractor for a second time. The Financial Supervisory ...
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Stocks, dollar on back foot as trade war, Powell comments weigh

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted ...
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Litmus test for chip stocks as investors gird for TSMC earnings

By Ankur Banerjee SINGAPORE (Reuters) – Investors are bracing for the results from Taiwan’s TSMC on Thursday to show further evidence of the wide-ranging uncertainty in the chip industry spurred by U.S. President Donald Trump’s trade policies. Chip stocks across the globe ...
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TikTok’s US public policy chief to step down, The Information reports

(Reuters) – TikTok’s U.S. public policy chief, Michael Beckerman, a key figure in its fight against a U.S. government ban, plans to leave his Washington-based role and transition to a global advisory position, The Information reported on Wednesday, citing a ...
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Factbox-Asian countries look to buy more US energy to offset trade imbalance

SINGAPORE (Reuters) – Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade surplus with Washington in hopes of easing their tariff burdens under President Donald Trump’s sweeping new import duties. Many Asian ...
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