• Feb 26, 2025

Nomura Cuts Taiwanese Stocks on AI Sector Scrutiny, Tariffs

(Bloomberg) -- Nomura Holdings Inc. downgraded Taiwanese equities citing greater scrutiny of the artificial intelligence sector and US President Donald Trump’s plans to impose tariffs on trading partners.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant

  • Feb 26, 2025

China curbs US stock listings for homegrown companies, Financial Times reports

China's securities regulator has clamped down on small homegrown companies listing on U.S. stock exchanges after many of them became vehicles for price-rigging, causing heavy losses for U.S. investors, the Financial Times reported on Thursday. The China Securities Regulatory Commission said it intends to impose "tighter control" over U.S. listings of Chinese companies with small capitalisation and weak fundamentals, saying they are prone to market manipulation, the FT reported, citing four people close to the regulator.

  • Feb 26, 2025

Treasury investors anticipate Fed shift back to growth risks

(Bloomberg) -- Investors in US government bonds are starting to bet the Federal Reserve will soon need to pivot from worrying about sticky inflation to fretting about slowing economic growth. Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in F

  • Feb 26, 2025

Tariff risk rattles European shares; Wall Street mixed

NEW YORK/GDANSK (Reuters) -Major Wall Street indexes were mixed on Thursday as fresh U.S. data hurt sentiment, and European stock markets fell following a threat from U.S. President Donald Trump to impose 25% tariffs on imports from the region. Trump revoked Chevron's license to operate in Venezuela. Trump created some confusion over the looming duties on top trading partners Canada and Mexico on Wednesday, by signalling they would take effect on April 2, which would be another month-long extension.

  • Feb 26, 2025

Oil climbs after Trump cancels Chevron's Venezuela licence

Oil prices rose more than 1.5% on Thursday as supply concerns resurfaced after U.S. President Donald Trump revoked a licence granted to U.S. oil major Chevron to operate in Venezuela. Gains were capped, however, by signs of a potential peace deal in Ukraine, which could result in higher Russian oil flows, and an unexpected rise in U.S. gasoline and distillate stocks. Brent crude oil futures were up $1.10, or 1.5%, at $73.63 a barrel by 1413 GMT.

  • Feb 26, 2025

Factbox-US licenses and authorizations to Venezuela's oil sector

Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to some oil companies that allow them to export the South American country's oil to specific destinations. Washington had imposed the sanctions over reports by international observers of irregularities in elections that have repeatedly kept President Nicolas Maduro in power. U.S. President Donald Trump on Wednesday announced he was reversing a key license to U.S. producer Chevron Corp, accusing Maduro of failing to make progress on electoral reforms and migrant returns.

  • Feb 26, 2025

Factbox-Top buyers of Venezuelan crude oil in the United States

U.S. imports of crude oil from Venezuela averaged 222,000 barrels per day (bpd) in the first 11 months of 2024, according to U.S. Energy Information Administration data, making it the fourth largest crude supplier to the United States. While Venezuela's oil accounted for only 3.5% of total U.S. crude imports in November, it was about 13% of crude oil imported by U.S. Gulf Coast refineries, according to the EIA. About 90% of all crude from Venezuela last year headed to the U.S. Gulf Coast, and the remaining 10% went to the East Coast, the data showed.

  • Feb 26, 2025

Justin Sun, SEC Seek ‘Pause’ in Case Against Crypto Entrepreneur

(Bloomberg) -- Lawyers for Justin Sun and for the US Securities and Exchange Commission are seeking a stay in the regulatory proceedings against the crypto entrepreneur.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis E