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US tariffs likely push Japan into first economic contraction in six quarters: Reuters Poll

TOKYO (Reuters) -Japan's economy probably contracted for the first time in six quarters in the July-September period after being battered by U.S. President Donald Trump's tariff policies, a Reuters poll showed on Friday. Gross domestic product (GDP) in real terms probably shrank an annualised ...
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China’s exports fall 1.1% in October, hit by a 25% drop in shipments to the US

HONG KONG (AP) - China's exports contracted in October, hit by a 25% drop in shipments to the United States, the government reported Friday. Persisting trade tensions with Washington may get a respite in the final quarter of the year after President Donald Trump ...
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Morning Bid: The AI dip may not be done

A look at the day ahead in European and global markets from Tom Westbrook Tech stocks headed for a wobbly finish to what is shaping as the sharpest market drawdown since the turbulence around U.S. tariffs seven months ago. Shares of Softbank Group, the Japanese investment ...
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Asian shares retreat after falling tech stocks pull Wall Street lower

BANGKOK (AP) - Shares retreated in Asia on Friday after losses for influential technology stocks pulled Wall Street benchmarks lower. U.S. futures edged higher and oil prices advanced. Japan's Nikkei 225 index fell more than 2% early in the session and was trading 1.6% lower ...
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Trump says US, Uzbekistan reach trade deal

WASHINGTON (Reuters) -The United States and Uzbekistan have reached a trade and economic deal, President Donald Trump said on Thursday, stating that Uzbekistan plans to purchase and invest $35 billion in the next three years and more than $100 billion in the next 10 ...
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China’s exports suffer worst downturn since Feb as tariffs hammer US demand

BEIJING (Reuters) -China's exports unexpectedly fell in October following months of front-loading to beat President Donald Trump's tariffs, giving voice to investor concerns over the broader economic impact of a rift in U.S.-China trade ties. Outbound shipments from the world's second-largest economy shrank 1.1% last ...
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Japan PM Takaichi fills panel posts with advocates of big spending

By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) -Japan's reflationist advocates of expansionary fiscal policy are making a comeback in economic decision-making with some hand-picked by Prime Minister Sanae Takaichi to fill posts in key government panels. The move heightens the chance proponents of former premier ...
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Japanese investors sell foreign stocks on caution over Fed comments, valuation concerns

(Reuters) -Japanese investors divested significant holdings in foreign stocks in the week to November 1, as they turned cautious amid hawkish remarks from some U.S. Federal Reserve officials and favoured locking in profits after the recent market rally. Japanese investors liquidated a net 581.1 billion ...
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MP Materials quarterly loss widens after halting sales to Chinese customers

By Ernest Scheyder (Reuters) -U.S. rare earths company MP Materials said on Thursday its third-quarter loss widened as it stopped sales to Chinese customers as part of an agreement with the U.S. government, although the results surpassed Wall Street expectations. Shares fell 7.4% to $48.40 in ...
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Fed right to cut rates to support job market, Musalem says

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of St. Louis President Alberto Musalem said on Thursday the U.S. central bank has been right to cut interest rates to help the job market. The cuts have been "appropriate" but "we have to be very ...
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Shaggy recounts his relief mission to Jamaica after Hurricane Melissa and shares how you can help

As Hurricane Melissa intensified to a Category 5 storm pointing right at Jamaica, Shaggy knew he had to help, he just wasn't sure how. So he asked ChatGPT. "I don't know anything about relief and how to prepare for a storm," the Grammy-winning reggae ...
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Dollar on defensive as data show cracks in US jobs market

By Gregor Stuart Hunter SINGAPORE (Reuters) -The dollar retreated in early Asia trade on Friday, leading declines among major currencies as investors lacking official data on the U.S. labour market seized upon signs of weakness in private sector surveys. The dollar index, which measures the greenback's ...
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