Articles

  • 1 week ago | gurutrade.com | Leika Kihara |Satoshi Sugiyama |Sam Holmes

    Tokyo core CPI rises 3.6% yr/yr in May vs f'cast +3.5% Index excluding fresh food, fuel up 3.3% yr/yr in May Services inflation perks up, bodes well for rate-hike prospect Factory output slides in April as US tariff impact looms Data underscores sticky food inflation, more price hikes eyed TOKYO, May 30 (Reuters) - Core inflation in Japan's capital hit a more than two-year high on persistent rises in food costs, data showed on Friday, keeping the central bank under pressure to hike interest...

  • 2 months 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.

  • 2 months 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.

  • 2 months 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.

  • Feb 28, 2025 | 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.

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