MARKETS
Stock futures rise on hope of targeted US tariffs
Futures for the S&P 500 and Euro Stoxx 50 rose along with equities in China, though a broader gauge of Asian shares edged lower
WORLD
China says it’s prepared for shocks as US tariffs loom
Li’s speech comes as China renews efforts to attract foreign businesses after inbound investment tumbled last year to its lowest in over three decades.
WORLD
Pentagon launches probe including polygraphs after Musk visit
Musk, the world’s richest man with billions of dollars in defense contracts, visited the Pentagon on Friday for a conversation about cost-cutting and innovation.
BUSINESS
China says it’s prepared for greater shocks as US tariffs loom
Countries should open up markets in the face of growing economic fragmentation, Li told a gathering of global business leaders and visiting Republican Senator Steve Daines at the start of the China Development Forum in Beijing on Sunday.
WORLD
Trump plans his tariff ‘Liberation Day’ with more targeted push
Trump is preparing a “Liberation Day” tariff announcement on April 2, unveiling so-called reciprocal tariffs he sees as retribution for tariffs and other barriers from other countries, including longtime US allies.
WORLD
Is US recession concern rising under Trump’s trade, tariff policies?
Fed Chair Jerome Powell sought to tamp down worries over those inflation expectations, repeatedly referring to the figure as an outlier
BUSINESS
Indian carriers refuse regulator’s data request in brewing tiff
The airlines have instead suggested they only share airfare data on a percentage of tickets sold in the future and only in specific cases, not as a routine practice, the letter said
BUSINESS
How to diversify your portfolio with markets hitting turbulence
A less risky pocket of the market investors could explore is exchange-traded funds focused on companies that grow their dividends, said Armour
BUSINESS
China discloses powerful deep-sea cable cutter: Report
Subsea cables have emerged as a key vulnerability facing governments around the world in the event of heightened tensions or outright conflict.
BUSINESS
X plans purchase of last $1.2 billion buyout debt held by banks
The repurchase of the roughly $1.2 billion of second-lien debt may be financed in part by the company’s recent equity raise, said the person, who asked not to be identified discussing a private transaction.
MARKETS
Tesla’s retail fans buy the stock at a pace never seen before
The company has long had an ardent fan base of individual investors who hang on Musk’s every word on X, the social-media platform he owns
WORLD
Nike falls below $100 billion in value as turnaround sputters
Its shares slid as much as 9.3% to hit the lowest level since March 2020.
WORLD
Trump’s ‘big one’ on tariffs has emerging markets on edge
Traders are getting increasingly anxious. Demand is rising for hedges to offset the risk of EM exchange rates weakening against the greenback, data suggest
MARKETS
Dubai weighs major regulatory changes to lure hedge funds
The Dubai Financial Services Authority is undergoing a sweeping review of its slate of regulations with the goal of removing unnecessary regulatory burden
MARKETS
S&P 500 is set for longest weekly slide since 2022
Equities got pummeled on Friday, with the S&P 500 down about 1% and on track for its fifth consecutive week of declines
WORLD
Jerome Powell says Trump can’t fire him. That might change
On Tuesday, the Trump administration dismissed the Federal Trade Commission’s two Democratic commissioners, Alvaro Bedoya and Rebecca Kelly Slaughter
BUSINESS
European gas jumps after attack on Russia-Ukraine transit point
European natural gas prices jumped after an attack on a pumping station in Russia’s Kursk region, which formed part of an inactive link that sent fuel to the continent until recently.
WORLD
Elon Musk tells Tesla employees hang on to stock after 50% plunge
The company has said it will launch new, more affordable models in the first half of this year, but has offered little detail about what those vehicles will be.
BUSINESS
Toyota to launch first R&D hub in Bengaluru, grow team to 1,000 for clean tech & EVs
The new R&D facility will begin operations with a team of about 200 people in Bengaluru, near Toyota Kirloskar Motor Pvt.’s existing factory in Bidadi.
BUSINESS
NATO to ask Europe and Canada for 30% boost in military capacity
The North Atlantic Treaty Organization is responding to the growing threat from Russia, as well as President Donald Trump’s drive to shift more of the burden for defense from the US to the rest of the alliance.
BUSINESS
Asian stocks jittery as tariff concerns mount
Shares in Hong Kong and South Korea fell in early trading, while Japan’s stock market rose and mainland China was slightly up. US futures edged higher after the S&P 500 closed lower on Thursday, a sign of investor caution.
BUSINESS
Gold holds near record as growing trade war fears rattle markets
Bullion traded about $10 below Thursday’s all-time high of $3,057.49 an ounce, putting it on track for a third weekly gain. A fresh bout of instability has gripped markets amid mounting worries about an escalation in the US-led trade war.
WORLD
Apple shuffles AI executive ranks in bid to turn around Siri
Chief executive officer Tim Cook has lost confidence in the ability of AI head John Giannandrea to execute on product development
MARKETS
A $4.5 trillion triple-witching gives investors yet another test
The so-called “triple-witching” will see about $4.5 trillion of contracts tied to stocks, indexes and exchange-traded funds mature, estimates compiled by Citigroup Inc. show.
