Business

Currencies tread water as investors brace for Trump’s Iran address

Thursday, April 2 by SRN News

By Jiaxing Li HONG KONG, April 2 (Reuters) - Major currencies held steady in thin trading on Thursday, as investors awaited a high-stakes televised address from U.S. President Donald Trump that is expected to shed light on a possible ceasefire in the Gulf war. In Trump's... Read More.

Instant View: Investor reactions to Trump’s speech on Iran war

Thursday, April 2 by SRN News

April 2 (Reuters) - U.S. President Donald Trump told the nation in a televised speech on Wednesday night that the U.S. military had nearly completed the goals it had set out to accomplish in its war with Iran and that the conflict would soon... Read More.

AI machine sorts clothes faster than humans to boost textile recycling in China

Thursday, April 2 by SRN News

ZHANGJIAGANG, China (AP) - In an industrial park in Zhangjiagang, a small city on China's east coast, a large humming and hissing machine feeds on piles of used clothes and sorts them. The novelty? It uses artificial intelligence to sort them by composition at high... Read More.

US Treasury to meet with insurance regulators to discuss private credit markets

Thursday, April 2 by SRN News

By Ismail Shakil April 1 (Reuters) - The U.S. Treasury Department said on Wednesday it will meet with domestic and international insurance regulators to discuss recent developments in private credit markets, as concerns about the health of the $2 trillion non-bank lending sector impact the... Read More.

Australia’s regulator says ASX favoured shareholder returns over system resilience

Thursday, April 2 by SRN News

April 2 (Reuters) - Australia's corporate regulator on Thursday said the country's stock market operator ASX had prioritised delivering higher shareholder returns over ensuring strong and critical market infrastructure was in place. The Australian Securities and Investments Commission's final report, following a 10-month inquiry, follows... Read More.

Auto industry group calls for scrapping US gas tax, adopting vehicle fee

Thursday, April 2 by SRN News

By David Shepardson April 1 (Reuters) - The head of a group representing nearly all major automakers on Wednesday called for scrapping the U.S. government's 18.4-cent per gallon tax on gasoline and replacing it with a vehicle fee to pay for road repairs. John Bozzella, who... Read More.

Australia to offer businesses $693 million in cheap loans to ease fuel cost pressure

Thursday, April 2 by SRN News

By Renju Jose SYDNEY, April 2 (Reuters) - Australia will provide up to A$1 billion ($693 million) in interest-free loans to critical businesses, including transport operators and fertiliser producers, Prime Minister Anthony Albanese will say on Thursday, as they grapple with surging fuel costs. The support... Read More.

Hedge funds face worst monthly drawdown in over four years, Goldman Sachs tells clients

Thursday, April 2 by SRN News

By Anirban Sen and Summer Zhen NEW YORK/HONG KONG, April 1 (Reuters) - Global hedge funds last month faced their worst monthly drawdowns since January 2022, Goldman Sachs said in a client note on Wednesday, as market volatility triggered by the Iran war battered stocks... Read More.

Estee Lauder, Puig advance talks for a stock‑based deal, Bloomberg News reports

Wednesday, April 1 by SRN News

April 1 (Reuters) - U.S. cosmetics giant Estee Lauder and Spanish firm Puig are advancing talks to combine in a deal that would consist mostly of stock, Bloomberg News reported on Wednesday, citing people familiar with the matter. The two family-owned companies last month said... Read More.

Trading Day: April fool of hope

Wednesday, April 1 by SRN News

By Jamie McGeever ORLANDO, Florida, April 1 (Reuters) - Stocks rose on Wednesday and oil and the dollar fell on continued optimism that de-escalation in the Middle East is imminent. U.S. President Donald Trump said the U.S. will leave Iran "pretty quickly", and attention now... Read More.

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Current Weather

Currencies tread water as investors brace for Trump’s Iran address

Instant View: Investor reactions to Trump’s speech on Iran war

AI machine sorts clothes faster than humans to boost textile recycling in China

US Treasury to meet with insurance regulators to discuss private credit markets

Australia’s regulator says ASX favoured shareholder returns over system resilience

Australia to offer businesses $693 million in cheap loans to ease fuel cost pressure

Hedge funds face worst monthly drawdown in over four years, Goldman Sachs tells clients

Estee Lauder, Puig advance talks for a stock‑based deal, Bloomberg News reports

Trading Day: April fool of hope

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