U.S. opens national security probe into auto imports
The Trump administration has launched an investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.
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China plans to cut import tariffs on some consumer goods from July 1: Bloomberg
Kremlin says any counter sanctions to take account of investor sentiment
Malaysia's anti-graft agents take ex-PM's statement, meet whistleblower
Deutsche Bank axes at least 7,000 jobs in trading retreat
EU Commission proposes new sovereign bond-backed securities
Argentines brace for crisis as nation again seeks IMF help
Oil pinned below $80 a barrel as chances rise of OPEC raising output
EU sets new obligations for asset managers to avoid greenwashing
Malaysian minister confirms central bank, Khazanah funds used for 1MDB payments
Kremlin denies allegations it planning cyber attack on Ukraine
Investigators say identify Russian military unit in MH17 downing
Fed and Bank of England tell markets to step up shift from Libor
China scolds U.S. for withdrawing invite to naval drills
Pentagon uninvites China from major U.S. military exercise
India cuts power to smelter after deadly anti-pollution protests
Lebanon's Aoun expected to designate Hariri PM
Lebanon's Hariri wins majority support to be PM: Jadeed
U.S. launches auto import probe, China says will defend interests
U.S. auto import probe borders on 'provocation': Germany's DIHK
European carmaker shares drop on U.S. tariff fears
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Tariff fears hit car shares, lira back on the rack
World shares crept higher on Thursday as cars become the latest focus of U.S. protectionism worries, while Turkey's lira slumped back after a huge emergency interest rate hike failed to stem its problems.
Argentines brace for crisis as nation again seeks IMF help
Maria Florencia Humano opened a clothing store in 2016, convinced that Argentina’s long history of economic crises had ended under pro-business President Mauricio Macri.
United Air CEO grilled over NRA discount, workers rights at annual meeting
United Airlines executives faced questions about ending its discount for a gun rights group and how it treats its workers at the carrier's annual shareholders meeting on Wednesday.
Procter & Gamble commits to Russia despite rising risks
U.S. consumer goods group Procter & Gamble (P&G) will keep investing in Russian plants in 2018 and beyond, reaffirming its commitment to the market despite political risks.
Russia's top banker warns sanctions retaliation could backfire
German Gref, the head of Russia's biggest bank Sberbank, said a proposed law that could result in people being jailed for helping enforce U.S. sanctions would backfire on the Russian economy if implemented.
Trump versus Rwanda in trade battle over used clothes
Early last year, weeks after Donald Trump was sworn in as president, a little known American trade association filed a petition with the U.S. Trade Representative.
Markets
| STOCKS | BONDS | CURRENCIES | COMMODITIES |
|---|
|
| Name | Yield | Change |
|---|---|---|
| US 10YR |
+3.004
|
+0.001 |
| DE 10YR |
+0.521
|
+0.019 |
| JP 10YR |
+0.045
|
+0.000 |
6:03am EDT
| Name | USD | EUR | JPY |
|---|---|---|---|
| USD | 1 | 1.1727 | 0.0091 |
| EUR | 0.8525 | 1 | 0.0078 |
| JPY | 109.7000 | 128.6600 | 1 |
| Index | Last | Chg |
|---|---|---|
| Gold |
1,289.30
USD
|
+0.00
Exp: May 18
|
| Copper |
3.07
USD
|
+0.01
Exp: May 18
|
| Crude Oil |
71.33
USD
|
-0.51
Exp: Jun 18
|
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China scolds U.S. for withdrawing invite to naval drills
China's Defence Ministry expressed regret on Thursday after the United States withdrew an invitation to China to attend a major U.S.-hosted naval drill, saying that closing the door does not promote mutual trust and cooperation.
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