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US stock futures fall as Trump escalates attacks on Fed Chair Powell

(Reuters) -U.S. stock index futures dropped on Monday, as President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell sparked worries about the central bank’s independence, rattling investors already grappling with an escalating trade war. On Friday, White House economic adviser Kevin Hassett said that ...
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Investors flock to safety of US short-term government bond funds

By Patturaja Murugaboopathy (Reuters) -U.S. short-term government bond funds have received large inflows this month even as most other funds across asset classes suffered heavy selling in markets hit by worries over U.S. tariffs and recession risks. Treasury yields have risen this month, ...
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Davos meeting founder Klaus Schwab steps down as World Economic Forum chair

ZURICH (Reuters) – Klaus Schwab, founder of the World Economic Forum which gathers the world’s business and political elite in the Swiss mountain village of Davos every year, has resigned as chair of its board of trustees, the WEF said ...
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Exclusive-US investor Cameron offers $5 billion for Kazakh mining giant ERG, letter shows

By Gleb Bryanski MOSCOW (Reuters) -U.S. businessman James Cameron has offered to buy mining giant Eurasian Resources Group for $5 billion, a letter he sent to its board showed, as the company prepares to participate in a major expansion of Kazakhstan’s rare earths output. ERG, a ...
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BOJ likely to keep rate-hike signal intact despite Trump tariff risks, sources say

By Leika Kihara TOKYO (Reuters) -The Bank of Japan is expected to signal next week that risks from higher U.S. tariffs won’t derail a cycle of rising wages and inflation seen as crucial to keep raising interest rates, said four sources familiar with its thinking. The ...
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China to retaliate with sanctions on US officials, NGO leaders over Hong Kong issues

HONG KONG (AP) — China will sanction United States officials, lawmakers and leaders of non-governmental organizations who it says have “performed poorly” on Hong Kong issues, the foreign ministry announced. The U.S. in March sanctioned six Chinese and Hong Kong officials who it alleged were ...
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Tesla’s affordable EV, robotaxis in focus after Musk backlash, competition hurt demand

By Akash Sriram (Reuters) – Tesla investors will be eager to ask CEO Elon Musk two pressing questions when the electric vehicle maker reports results on Tuesday: when will the affordable vehicle launch, and is the robotaxi plan on schedule? Wall Street ...
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China central bank urges state-owned businesses to prioritise yuan in overseas expansion

SHANGHAI (Reuters) -China’s central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an official attempt to accelerate yuan internationalisation amid intensifying global trade tensions. The comments come ...
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US stock futures drop as Trump takes aim at Powell

(Reuters) -U.S. stock index futures fell on Monday, as President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell sparked worries about the central bank’s independence, rattling investors already grappling with an escalating trade war. On Friday, White House economic adviser Kevin Hassett said ...
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Netflix shares rise as rosy outlook calms investors’ nerves amid tariff fears

By Joel Jose (Reuters) – Netflix shares rose about 3% in premarket trading on Monday as the streaming giant’s upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate. The company’s ...
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Asian bonds draw largest foreign inflows in seven months on rate cut hopes

(Reuters) -Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession. Foreigners ...
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Bank Indonesia to hold rates on April 23 as FX concerns outweigh growth risks – Reuters poll

By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia will hold interest rates steady on Wednesday to support the under-pressure rupiah, despite growing concerns of slowing economic growth driven by U.S.-led trade policies, a Reuters poll of economists found. With the rupiah down ...
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