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Japan cautions about uncertainty from Trump trade policies

TOKYO (Reuters) – Japan’s government warned of uncertainty over the impact of U.S. trade policies as tariffs could hurt the global economy but it also said in a monthly report on Friday that the domestic economy was recovering moderately thanks ...
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Russian rouble strengthens past 81 vs U.S. dollar, up 40% since start of 2025

MOSCOW (Reuters) – The Russian rouble strengthened past 81 to the U.S. dollar, supported by rising oil prices, reaching its highest level since June 28, 2024. At 0900 GMT the rouble was up 1.5% 80.90 to the U.S. currency in ...
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New US ambassador to Japan says he is optimistic the two sides will reach a deal over tariffs

TOKYO (AP) — The new U.S. ambassador to Japan arrived in Tokyo on Friday and said he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations. George Glass, a prominent businessperson known for his background ...
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Fed’s Powell is an exemplary central banker, ECB’s Villeroy says

PARIS (Reuters) – U.S. Federal Reserve Chair Jerome Powell is an exemplary central banker, telling the unflattering truth about the U.S. economy and not bowing to political pressure, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday. U.S. ...
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China pushes anti-‘bullying’ agenda amid tensions with US

BEIJING (Reuters) – China’s Foreign Minister Wang Yi warned Global South nations that “unilateral bullying” was hurting a rules-based world, as Beijing kept up the diplomatic pressure on U.S. President Donald Trump to roll back his punitive trade tariffs. Power ...
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India’s Modi, Musk discussed potential collaboration in technology

(Reuters) – Indian Prime Minister Narendra Modi spoke to Elon Musk and talked about “various issues, including the topics we covered during our meeting in Washington DC earlier this year,” he said in a post on X on Friday, without ...
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Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters

WASHINGTON (AP) — Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him. The developments are occurring against ...
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Japan’s Nikkei notches best week in 3 months on trade deal hopes

By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average rose 1% on Friday to clock its best week in three months, as investors turned more hopeful that U.S. President Donald Trump would be able to broker trade deals with some ...
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Exclusive-Toyota weighs adding US production of new RAV4 in response to tariffs, sources say

By Maki Shiraki TOKYO (Reuters) – Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit ...
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Carlyle in white knight talks with Makino, say sources, as Nidec takeover battle heats up

By Anton Bridge, Makiko Yamazaki, Ritsuko Shimizu and Miho Uranaka TOKYO (Reuters) – Private equity giant Carlyle is in talks with Japan’s Makino Milling Machine as a potential white knight buyer to counter a $1.81 billion hostile takeover bid from Nidec, ...
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China set to leave lending rates steady, but tariffs raise easing bets

BEIJING/SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, but markets are wagering on more stimulus being rolled out soon in the face of an ...
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The US has a single rare earths mine. Chinese export limits are energizing a push for more

OMAHA, Neb. (AP) — America’s only rare earths mine heard from anxious companies soon after China responded to President Donald Trump’s tariffs this month by limiting exports of those minerals used for military applications and in many high-tech devices. “Based on the number of phone ...
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