Sam Holmes

2 weeks ago | gurutrade.com | Rae Wee |Shri Navaratnam |Sam Holmes

Stocks extend global selloff on Trump's tariffs Japanese banks hit hard Investors fear U.S. recession, ramp up bets on Fed rate cuts Safe-haven assets rise, 10-year UST yield falls below 4% SINGAPORE, April 4 (Reuters) - Japanese banks tanked on Friday and stocks globally extended a punishing selloff in the wake of U.S. President Donald Trump's sweeping tariffs, helping drive a rally in U.S. Treasuries and supporting gold near a record peak.

3 weeks ago | gurutrade.com | Liangping Gao |Ryan Woo |Sam Holmes

BEIJING, April 1 (Reuters) - China's factory activity expanded at its fastest pace in four months in March, buoyed by stronger demand and robust export orders, a private-sector survey showed on Tuesday, although the escalating U.S. trade war clouds the outlook. The Caixin/S&P Global manufacturing PMI climbed to 51.2 in March from 50.8 in the previous month, surpassing analyst expectations of 51.1. The 50-mark separates growth from contraction.

3 weeks ago | gurutrade.com | Ethan Wang |Sam Holmes

Official manufacturing PMI at 50.5 in March, best in 12 months Non-manufacturing growth in March quickens to 50.8 Readings show improved domestic demand, foreign frontloading BEIJING, March 31 (Reuters) - China's manufacturing activity expanded at the fastest pace in a year in March, a factory survey showed on Monday, with new orders boosting production, giving the world's No. 2 economy some reprieve as it deals with an intensifying U.S. trade war.

1 month ago | gurutrade.com | Kevin Buckland |Greta Rosén Fondahn |Sam Holmes |Susan Fenton

Trump reiterates Canada, Mexico tariff deadline of next week Trump says 10% China levy is on top of existing duties Stocks retreat in Europe, Asia; dollar buoyant Bitcoin slides below $80,000 GDANSK/TOKYO, Feb 28 (Reuters) - World stocks fell to their lowest levels in almost four weeks on Friday, while the dollar hovered near multi-week highs, as the prospect of higher U.S. tariffs sent jitters through markets and revived concerns about an escalating global trade war.

2 months ago | gurutrade.com | Satoshi Sugiyama |Chang-Ran Kim |Sam Holmes

TOKYO, Feb 7 (Reuters) - Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much faster-than-expected pace, but the government said it was too early to call a bottoming out in consumption's downtrend. Consumer expenditure climbed 2.7% in December from a year earlier, data from the internal affairs ministry showed on Friday, better than the median market forecast for a 0.5% uptick.