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LONDON (Reuters) -World markets found steadier ground on Monday after being whipsawed by broadsides in the U.-China trade war, while gold hit new record highs in a sign that uncertainty remained high.
The U.S. has sanctioned China’s Rizhao Shihua Crude Oil Terminal, forcing the diversion of a major tanker and escalating tensions over Chinese imports of Iranian crude.
(Corrects to remove extraneous hyphen in headline, no other changes to text) By Christine Chen and Shivangi Lahiri SYDNEY (Reuters) -Australia's Treasury Wine Estates on Monday pulled its earnings guidance for 2026 and paused an A$200 million ($130 millio
The Hang Seng China Enterprises Index fell as much as 3.6% before paring its drop to around 2%. Tech heavyweights Xiaomi Corp. and Alibaba Group Holding Ltd. were among the biggest drags. The People’s Bank of China boosted its daily reference rate to th
China’s crude oil imports rose 3.9% year-on-year in September to 11.5 million barrels per day as refiners ramped up output and the country continued expanding its storage capacity despite tighter quotas and U.S. sanctions.
BEIJING (Reuters) -China's export growth bounced back in September, but renewed trade threats from Beijing and Washington have rekindled worries about jobs and further deflation in an economy heavily reliant on selling its manufactured goods overseas. The
HONG KONG/SHANGHAI (Reuters) -China stocks fell sharply in volatile trade on Monday as a renewed trade war between Washington and Beijing hit risk appetite and spurred profit-taking, pulling shares from their decade highs. The blue-chip CSI300 Index decli
Spot silver climbed as much as 3% to near $52 an ounce — exceeding last week’s intraday high — as gold surpassed $4,068 an ounce, building on a run of eight weekly gains. Platinum and palladium also gained strongly. Precious metals have surged this year
Major cryptocurrencies rebounded on Monday after a weekend rout wiped out billions in leveraged positions, as US President Donald Trump sought to calm market jitters over escalating trade tensions with China.Bitcoin climbed 4.5% to $115,459, while Ether j
European shares advanced on Monday while Asian shares retreated following a rout Friday on Wall Street. President Donald Trump to withdraw a threat he made Friday to crank tariffs on Chinese-made goods higher after China placed stricter restrictions on e
Asian shares tumbled on Monday as escalating trade tensions with China shattered a monthslong calm on Wall Street. U.S. stocks skidded on Friday after President Donald Trump threatened to crank tariffs higher on China, signaling more trouble ahead betwee
China and the US were locked in a spat after US President Donald Trump threatened massive tariffs on Chinese goods in response to Beijing’s plans to fortify its export controls. Separately, an Australian newspaper reported potential plans for a broad rar
NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks on the Market’s Radar. On October 10, UBS analyst Timothy Arcuri reiterated a Buy rating on the stock with a $205.00 price target. Analysts at the firm believe Taiwan export data to be largely in-li
What a time it’s been for Hewlett Packard Enterprise. In the past six months alone, the company’s stock price has increased by a massive 71.4%, reaching $24.48 per share. This was partly due to its solid quarterly results, and the run-up might have invest