Yahoo Finance – stock market live, quotes, business and finance news (original) (raw)

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  Asian markets boosted by 'Big Progress' in Japan tariff talks Tokyo led stocks higher Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell's warning that Donald Trump's tariffs could force officials to choose between fighting inflation or unemployment.However, uncertainty continues to prevail on trading floors after a selloff on Wall Street -- and gold hitting a fresh record above $3,350 -- sparked by Powell's warning over the impact of the tariffs.
  AFP News 14 minutes ago
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  Trump says 'joke' Harvard should be stripped of funds US President Donald Trump called Harvard a "joke" Wednesday and said it should lose its government research contracts after the top university refused demands that it accept outside political supervision.Trump is furious at the storied university -- which has produced 162 Nobel prize winners -- for rejecting his demand to submit to government supervision on admissions, hiring and political slant.
  AFP News 32 minutes ago
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  ECB ready to cut rates again as Trump tariffs shake eurozone European Central Bank policymakers look increasingly likely to cut interest rates again on Thursday, with US President Donald Trump's stop-start tariff announcements sowing concern in the eurozone. The central bank has made six quarter-point cuts since June last year as inflation has fallen, bringing its benchmark deposit rate down to 2.5 percent from four percent.
  AFP News 35 minutes ago
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  South Korea watchdog orders Hanwha Aerospace to resubmit share issue plan South Korea's financial watchdog ordered on Thursday Hanwha Aerospace to submit another revision to its share issue plan, pushing back on the capital raising plans of the country's largest defence contractor for a second time. The Financial Supervisory Service said in a stock exchange regulatory notice that Hanwha's filing last week contained elements that could potentially cause significant investor misunderstanding or hinder investment decisions. On April 8, Hanwha filed a revised plan of its fundraising, cutting the amount to 2.3 trillion won ($1.62 billion) after investor and regulatory pushback.
  Reuters 44 minutes ago
  012450.KS
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  Stocks, dollar on back foot as trade war, Powell comments weigh Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted near three-year lows. Safe haven gold prices remained on the charge, notching up yet another record high in early trading on Thursday, while Powell's comments that U.S. economic growth appeared to be slowing pushed Treasury yields lower. In early Asia, stock markets were tentative across the region, after U.S. stocks closed sharply lower.
  Reuters 58 minutes ago
  ^HSI
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  Nigeria, Niger foreign ministers meet for security talks The foreign ministers of Nigeria and Niger held talks Wednesday on cross-border security, terrorism and economic cooperation, despite tensions between the two neighbours since the July 2023 coup in Niger.Nigerian Foreign Minister Yusuf Tuggar travelled to Niamey for talks with Niger's Foreign Minister Bakary Yaou Sangare, in only the second visit by a senior Nigerian official since the coup, following that of General Christopher Musa, Nigeria's defence chief, in August.
  AFP News 1 hour ago
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  Litmus test for chip stocks as investors gird for TSMC earnings Investors are bracing for the results from Taiwan's TSMC on Thursday to show further evidence of the wide-ranging uncertainty in the chip industry spurred by U.S. President Donald Trump's trade policies. Chip stocks across the globe have suffered this year as investor jitters about spending on AI infrastructure, the threat of competition after Chinese startup DeepSeek's launch, and, in recent weeks, fears around U.S. tariffs have sapped sentiment. On Wednesday, chip stocks were battered as Nvidia warned of a $5.5 billion hit after Washington restricted exports of its AI processor tailored for China, while Dutch giant ASML raised doubts about its outlook.
  Reuters 1 hour ago
  TSM
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  Bhutan turns to 'green' cryptocurrency to fuel economy The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said. Green cryptocurrencies are digital currencies mined using clean energy resources such as wind, hydro or solar power instead of fossil fuel. Sandwiched between Asian giants India and China, Bhutan has earned millions of dollars in recent years by investing in some of the world's most popular cryptocurrencies and used some of its profit to pay government salaries for two years, two senior officials in Thimphu, the capital said.
  Reuters 1 hour ago
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  TikTok's US public policy chief to step down, The Information reports TikTok's U.S. public policy chief, Michael Beckerman, a key figure in its fight against a U.S. government ban, plans to leave his Washington-based role and transition to a global advisory position, The Information reported on Wednesday, citing a staff memo. Earlier this month, President Donald Trump extended the deadline for the sale of ByteDance's U.S. assets of the short video app for 75 days.
  Reuters 1 hour ago
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  Canada PM Carney avoids French blunder as he faces attack in key debate Canadian Prime Minister Mark Carney avoided major errors in a French debate Wednesday that tested his occasionally shaky language skills, as the election front-runner sought to parry attacks from his conservative opponent. An English-language debate follows on Thursday.
  AFP News 1 hour ago