By Kevin Buckland TOKYO (Reuters) -Asian stock markets were under pressure on Wednesday while the dollar climbed to its firmest against the yen since early April, after U.S. inflation suggested tariffs are pushing prices up, dampening expectations for Federal Reserve policy easing. U.S. Treasury yields ticked to the highest in more than a month, lifting...
(Reuters) -Bahrain’s prime minister, Crown Prince Salman bin Hamad Al Khalifa, witnessed the signing ceremony of several agreements between Bahraini and U.S. private-sector companies valued at around $17 billion during a visit to Washington, the Court of the Crown Prince said on Wednesday in a post on X. (Reporting by Enas Alashray; Editing by Christopher...
By Colleen Howe BEIJING (Reuters) -Oil prices rose on Wednesday on expectations of steady demand in the U.S. and China, the world’s two largest oil users, amid an improving economic outlook. Brent crude futures rose 29 cents, or 0.42%, to $69 a barrel by 0105 GMT. U.S. West Texas Intermediate crude futures were up 40...
By Rae Wee SINGAPORE (Reuters) -The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump’s tariffs were beginning to feed into prices. Rising prices on goods as varied as coffee, audio equipment and home furnishing pulled...
BEIJING (Reuters) -BMW Group announced on Tuesday that it would join hands with Chinese autonomous driving firm Momenta to develop advanced driving assistance technology specifically for the China market. The co-developed system will cover highways and urban roads and be used in multiple models, BMW said in a statement. (Reporting by Beijing newsroom; Editing by...
(Reuters) -China’s economy grew at a slightly faster pace than expected in the second quarter, showing resilience in the face of U.S. tariffs, though analysts warn of intensifying headwinds that will ramp up pressure on policymakers to roll out more stimulus. Data on Tuesday showed China’s gross domestic product (GDP) grew 5.2% in the April-June...
By Rocky Swift TOKYO (Reuters) -Asian shares climbed and the dollar held gains on Tuesday as trade talks remained in the spotlight in a week that will see key readings on U.S. inflation and bank earnings. Oil prices edged lower after U.S. President Donald Trump issued a 50-day deadline for Russia to end the war...
By Joe Cash, Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus. The world’s No....
(Reuters) -Nvidia (NVDA) said on Monday that it will resume sales of its H20 graphics processing unit (GPU) chips to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market. According to a company blog post, Nvidia is filing applications to resume H20 sales with the U.S. government and...
BANGKOK (Reuters) -Thailand is considering offering zero tariffs on more U.S. imports, the finance minister said on Monday. The government is also preparing 200 billion baht ($6.1 billion) worth of soft loans to ease the impact of tariffs, Finance Minister Pichai Chunhavajira told a business seminar. Thailand faces a 36% tariff from Washington if a...
