JAPAN ECONOMY MINISTER AKAZAWA COULD VISIT U.S. FOR TARIFF TALKS AS EARLY AS APRIL 30 ...
🇺🇸TRUMP WITHDRAWS THREATS TO REMOVE FED CHAIR POWELL, EASING MARKET FEARS: ANALYST
PRESIDENT DONALD TRUMP ON TUESDAY WITHDREW HIS THREATS TO DISMISS FEDERAL RESERVE CHAIRMAN JEROME POWELL, FOLLOWING SEVERAL DAYS OF HEIGHTENED CRITICISM OVER POWELL’S REFUSAL TO LOWER INTEREST RATES. EVERCORE ISI VICE CHAIRMAN KRISHNA GUHA COMMENTED, “WHETHER THIS REFLECTS MONDAY’S BRUTAL FORETASTE OF WHAT WOULD HAPPEN IN MARKETS IF HE DID TRY TO FIRE POWELL, OR WAS THE PLAN ALL ALONG, IT IS A CLEAR POSITIVE. IT MATERIALLY REDUCES THE LIKELIHOOD OF WORST CASE OUTCOMES INCLUDING STAGFLATION AND THE MORPHING OF THE TARIFF CRISIS INTO A SOVEREIGN DEBT CRISIS, THOUGH THESE RISKS REMAIN.”
#TRUMP $DXY #FED #POWELL ...
PRESIDENT DONALD TRUMP ON TUESDAY WITHDREW HIS THREATS TO DISMISS FEDERAL RESERVE CHAIRMAN JEROME POWELL, FOLLOWING SEVERAL DAYS OF HEIGHTENED CRITICISM OVER POWELL’S REFUSAL TO LOWER INTEREST RATES. EVERCORE ISI VICE CHAIRMAN KRISHNA GUHA COMMENTED, “WHETHER THIS REFLECTS MONDAY’S BRUTAL FORETASTE OF WHAT WOULD HAPPEN IN MARKETS IF HE DID TRY TO FIRE POWELL, OR WAS THE PLAN ALL ALONG, IT IS A CLEAR POSITIVE. IT MATERIALLY REDUCES THE LIKELIHOOD OF WORST CASE OUTCOMES INCLUDING STAGFLATION AND THE MORPHING OF THE TARIFF CRISIS INTO A SOVEREIGN DEBT CRISIS, THOUGH THESE RISKS REMAIN.”
#TRUMP $DXY #FED #POWELL ...
"FUTURE BRIGHTER THAN EVER": TESLA SHARES POP 5% AFTER MUSK SAYS HE'LL LIMIT TIME WITH DOGE IN MAY ...
SHANGHAI GOLD EXCHANGE HAS INCREASED THE TRADE MARGIN FOR SOME GOLD FUTURES CONTRACTS ...
FEDERAL RESERVE SPEAKERS ON WEDNESDAY INCLUDE GOOLSBEE, WALLER, HAMMACK AND MUSALEM ...
JAFCO GROUP TO FOCUS ON DOMESTIC INVESTMENT, EXIT US AND ASIA FUNDS - RTRS ...
CHOCOLATE MAKERS SLASH PRICE HEDGES IN BET THAT BULL MARKET IS OVER – FT ...
FOREXLIVE ASIA-PACIFIC FX NEWS WRAP: TRUMP 'WON'T FIRE POWELL' COMMENT: EQUITIES & USD UP ...
XIAOMI DELAYS YU7 SUV LAUNCH AFTER FATAL EV ACCIDENT, POSTPONES INVESTOR DAY
#XIAOMI CORP. HAS DELAYED THE LAUNCH OF ITS FIRST ELECTRIC SUV, THE YU7, ORIGINALLY PLANNED FOR JUNE OR JULY, FOLLOWING A FATAL ACCIDENT INVOLVING ITS FLAGSHIP EV. THE COMPANY ALSO CANCELED THE YU7’S UNVEILING AT THE SHANGHAI AUTO SHOW AND POSTPONED ITS ANNUAL INVESTOR DAY FROM APRIL TO JUNE, ACCORDING TO SOURCES. THE SETBACK HAMPERS XIAOMI’S PLANS TO CHALLENGE EV LEADERS LIKE TESLA AND BYD, AND A NEW RELEASE DATE FOR THE YU7 HAS YET TO BE CONFIRMED. XIAOMI REPRESENTATIVES DIDN’T RESPOND TO REQUESTS FOR COMMENT.
#CHINA #EV #NEV #XIAOMI $XIACY ...
#XIAOMI CORP. HAS DELAYED THE LAUNCH OF ITS FIRST ELECTRIC SUV, THE YU7, ORIGINALLY PLANNED FOR JUNE OR JULY, FOLLOWING A FATAL ACCIDENT INVOLVING ITS FLAGSHIP EV. THE COMPANY ALSO CANCELED THE YU7’S UNVEILING AT THE SHANGHAI AUTO SHOW AND POSTPONED ITS ANNUAL INVESTOR DAY FROM APRIL TO JUNE, ACCORDING TO SOURCES. THE SETBACK HAMPERS XIAOMI’S PLANS TO CHALLENGE EV LEADERS LIKE TESLA AND BYD, AND A NEW RELEASE DATE FOR THE YU7 HAS YET TO BE CONFIRMED. XIAOMI REPRESENTATIVES DIDN’T RESPOND TO REQUESTS FOR COMMENT.
#CHINA #EV #NEV #XIAOMI $XIACY ...
HONDA MOTOR: WILL LEVERAGE CHINESE TECHNOLOGIES TO SWIFTLY DELIVER PRODUCTS THAT MEET THE EXPECTATIONS OF CUSTOMERS IN CHINA ...
HONDA MOTOR: TO WORK WITH CATL TO CO-DEVELOP HIGH-EFFICIENCY PLATFORM WITH BATTERY CELLS LAID OUT DIRECTLY IN THE VEHICLE BODY ...
HONDA MOTOR: WILL CO-DEVELOP LITHIUM-ION PHOSPHATE BATTERY WITH CATL AND ADOPT IT FOR THE UPCOMING THIRD SET OF YE SERIES MODELS ...
POLL: BOJ SHOULD AVOID REDUCING INTEREST RATES AMID U.S.-LED TRADE WAR, 97% OF ECONOMISTS ...
28% OF ECONOMISTS NAMING A MONTH FOR THE NEXT BOJ RATE INCREASE CHOOSE JULY, COMPARED TO 70% IN THE MARCH POLL; 23% OPT FOR '2026 OR LATER'. ...
POLL-BOJ TO RAISE KEY INTEREST RATE TO 0.75% IN APRIL, ACCORDING TO 52% OF ECONOMISTS (COMPARED TO 70% IN PREVIOUS POLL) ...
POLL: BANK OF JAPAN TO MAINTAIN KEY INTEREST RATE AT 0.50% UNTIL END-JUNE, 84% OF ECONOMISTS ...