GRAPHIC-Asian countries in the crosshairs of Trump's tariffs
south_east_asia_business_news
03/07/2025
Story Text: As U.S. President Donald Trump's new trade tariffs https://www.reuters.com/world/trade-wars-erupt-trump-hits-canada-mexico-china-with-steep-tariffs-2025-03-04/ on China, Mexico and Canada kick off, sparking another trade war, countries in Asia's complex and integrated global supply chain are in the crosshairs.
Wall St Week Ahead-Rocky US stock market faces inflation data test
south_east_asia_business_news
03/07/2025
Story Text: A critical inflation report in the coming week could further rattle an increasingly tumultuous U.S. stock market, with investors worried about an economic growth slowdown and President Donald Trump's tariffs.
REUTERS NEWS SCHEDULE AT General sked at 6 a.m. GMT/2 p.m. SGT
south_east_asia_business_news
03/07/2025
Story Text: Here are the top stories and upcoming coverage plans for Reuters text service as of General sked at 6 a.m. GMT/2 p.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.
India markets regulator to boost transparency, including on board conflicts, chair says
top_india
03/07/2025
Story Text: India's markets regulator will improve transparency in its functioning, including by revealing any conflicts of interest of its board members, as a way to build trust, Chairperson Tuhin Kanta Pandey said on Friday.
HEDGE FLOW-Hedge funds give up half of 2025 gains in 'challenging' markets, says Goldman Sachs
U.S. MONEY
03/07/2025
Story Text: Hedge fund stock pickers and multi-strategy funds gave up around half their average yearly gains in Thursday's tech-driven equity selloff, a note by Goldman Sachs showed <GS.N>.
Tennis-Back to the drawing board for Kyrgios after wrist injury at Indian Wells
Global Sport
03/07/2025
Story Text: A bitterly disappointed Nick Kyrgios said he was getting worried that injuries were stopping him from finishing matches after the former Wimbledon finalist retired from his first-round contest at Indian Wells on Thursday due to pain in his right wrist.
Soccer-Competition key as WSL seeks to grow amid relegation pause reports
Global Sport
03/07/2025
Story Text: Reports that relegation from England's Women's Super League is set to be paused have sparked positivity and scepticism from players, coaches and agents as clubs and governing bodies try to harness rapid growth and plot a path to a sustainable future.
UPDATE 1-Argentina's YPF says 2024 adjusted EBIDTA up 15% to $4.65 billion
rcom_energy
03/07/2025
Story Text: Argentina's state-oil firm YPF reported on Friday a 15% rise in adjusted full-year earnings before interest, taxes, depreciation and amortisation (EBITDA) to $4.65 billion.
Soccer-Milan coach Conceicao wants more from his team in Lecce clash
Global Sport
03/07/2025
Story Text: AC Milan coach Sergio Conceicao acknowledged that he had made mistakes as they prepare to visit lowly Lecce in Serie A on Saturday but said his team must do more to halt their slump.
UPDATE 1-India's IndusInd Bank CEO gets one-year extension, short of board's recommendation
top_india
03/07/2025
Story Text: Indian private lender IndusInd Bank <INBK.NS> said on Friday it had received approval from the country's central bank to reappoint Sumant Kathpalia as its chief executive officer and managing director for a period of one year.
Story Text: Norwegian oil group DNO <DNO.OL> said on Friday it has agreed to buy Sval Energi Group from HitecVision for a cash consideration of $450 million, based on an enterprise value of $1.6 billion.
South Africa rejects Musk claim Starlink can't operate there because he's not Black
business_news
03/07/2025
Story Text: South Africa on Friday rejected a claim by multibillionaire Elon Musk that his Starlink satellite company could not operate in the country because he is not Black, and its telecoms regulator said Starlink had not applied for a licence.
Story Text: India imposed a 10% import duty on lentils, including 5% basic customs duty and 5% Agriculture Infrastructure & Development Cess (AIDC) with immediate effect, the government said in a notification late on Friday.
Marrakech Express upgrade - French loan to help Morocco buy 18 fast trains ahead of World Cup
business_news
03/07/2025
Story Text: France will lend Morocco 781 million euros to finance the purchase of 18 high-speed trains made by Alstom <ALSO.PA>, the French embassy in Rabat said on Friday.
FACTBOX-Moonshot: Two lunar landings in one week boost interest in space startups
Global Science
03/07/2025
Story Text: Two moon landings in less than a week have once again turned the spotlight on space startups as NASA leans on private companies to send scientific payloads to the lunar surface at a lower cost before the U.S. sends astronauts there around 2027.
INDIA STOCKS-Indian benchmarks set for muted start after 2 days of gains
business
03/07/2025
Story Text: Indian benchmarks may open little changed on Friday after two sessions of gains, but the sentiment will likely be downbeat, tracking other Asian stocks, ahead of the U.S. labour market data.
FOREX-US dollar drifts near 4-month low amid growth concern; jobs data in spotlight
business_news
03/07/2025
Story Text: The U.S. dollar wallowed near a four-month low on Friday as ever-shifting tariff policies fanned uncertainty and increased concern about growth prospects for the world's largest economy, leaving investors grasping for jobs data due later in the day.
EUROPE POWER-German wind supply set to fall on Monday
rcom_energy
03/07/2025
Story Text: German and French prompt power prices for Monday were untraded on Friday as the market weighed an expected drop in wind power throughout the region against a general drop in demand.
Philippines says to sign troops pact with Canada as defence ties deepen
south_east_asia_top_news
03/07/2025
Story Text: The Philippines and Canada are set to sign a Status of Visiting Forces Agreement (SOVFA) after negotiations aimed at enhancing defence and security cooperation between the two nations, Manila's defence ministry said on Friday.
EMERGING MARKETS-Latam currencies slip after US jobs data, tariff uncertainty lingers
business
03/07/2025
Story Text: Latin American currencies were broadly lower on Friday, a day after a temporary U.S. tariff exemption drove gains, while investors assessed a U.S. job report and closed a choppy week marked by confusion over U.S. trade policy.
Urals freight rates to India rise to 12-month highs, sources say
business
03/07/2025
Story Text: Freight rates for shipments of Russian Urals oil from the Baltic and Black Sea ports to India rose to their highest levels since March 2024 following U.S. sanctions on tankers involved in Moscow's energy exports, trading and shipping sources as well as Reuters calculations showed.
REFILE-Hedge fund Rokos Capital Management returns 0.57% for the year so far, says source
U.S. MONEY
03/07/2025
Story Text: Hedge fund Rokos Capital Management's return on investment was down 0.29% during February to the 21st but was up 0.57% for 2025 so far, said a source with knowledge of the matter on Friday.
Med crude-Urals diffs ease on firmer freight; Kazakhstan pledges to cut output
top_india
03/07/2025
Story Text: Urals crude differentials to dated Brent eased on Friday on firmer freight rates from Russia's western ports to India, while Kazakhstan, which has frequently exceeded OPEC+ production quotas, pledged to cut output in March, April and May.
Wariness in Jerusalem as Palestinians mark first Friday in Ramadan
middle_east_top_news
03/07/2025
Story Text: A limited number of older Palestinians were allowed into Jerusalem on the first Friday of Ramadan, the Muslim holy month, in a wary climate stirred by a standoff https://www.reuters.com/world/middle-east/israel-hamas-diverge-over-ceasefire-with-first-phase-set-expire-2025-02-28/ over the Gaza ceasefire and an extended Israeli military campaign https://www.reuters.com/world/middle-east/israeli-defence-minister-tells-military-prepare-extended-west-bank-stay-2025-02-23/ in the West Bank.
Intuitive Machines confirms second spacecraft has landed sideways on the moon
Global Science
03/07/2025
Story Text: Intuitive Machines <LUNR.O> said on Friday its Athena spacecraft landed on its side near the south pole of the moon, and that it does not expect the lander's batteries to recharge.
UPDATE 3-Russia says OPEC+ may reverse oil output after April, Kazakhstan pledges cuts
rcom_energy
03/07/2025
Story Text: Russia Deputy Prime Minister Alexander Novak said on Friday that the OPEC+ group agreed to start increasing oil production from April, but could reverse the decision afterward if there are market imbalances.
INDIA STOCKS-Indian benchmarks slip as US tariff concerns persist
top_india
03/07/2025
Story Text: Indian shares inched lower in early trading on Friday, dragged down by information technology companies, as investors remained worried about U.S. tariffs.
UPDATE 6-SpaceX's Starship explodes in space, which Musk calls a 'minor setback'
Global Science
03/07/2025
Story Text: SpaceX's massive Starship spacecraft exploded in space on Thursday minutes after lifting off from Texas, prompting the FAA to halt air traffic in parts of Florida, in the second straight failure this year for Elon Musk's Mars rocket program.
India New Issue-PFC to issue multiple tenor bonds, bankers say
business
03/07/2025
Story Text: India's Power Finance Corp <PWFC.NS> plans to raise 80 billion rupees ($920 million) through sale of multiple maturity bonds, three bankers said on Friday.
Cosmo to launch Japan's first sustainable aviation fuel production in April
rcom_energy
03/07/2025
Story Text: Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet fuel with a cleaner alternative, though cost-cutting challenges remain.
FOREX-Euro poised for best week since 2009 as dollar weakens ahead of jobs data
business
03/07/2025
Story Text: The euro was set for its best week in 16 years against the dollar on Friday, boosted by Germany's game-changing fiscal reforms, while worries over growth and tariffs drove the greenback to a four-month low ahead of U.S. jobs data.
FUNDVIEW-UTI Asset Management sees sweet spot in India's 2-3 year bonds versus 10-year
business
03/07/2025
Story Text: India's two- to three-year government bond yields are an attractive investment opportunity and UTI Asset Management Company is more bullish on this part of the curve versus the 10-year bond, an executive from the fund house said.
FOREX-US dollar falters after data shows slowing labor market
south_east_asia_business_news
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen on Friday after data showed the labor market in the world's largest economy slowed last month, creating fewer jobs than expected.
PREVIEW-Cricket-India chasing Champions Trophy history, NZ ready to scrap
Global Sport
03/07/2025
Story Text: India are heavy favourites to claim a record third Champions Trophy in Dubai on Sunday but Rohit Sharma's men face a New Zealand side with plenty of firepower in the first major white-ball final between the teams in a quarter of a century.
EXPLAINER-South Sudan's peace deal in danger after arrests
top_news
03/07/2025
Story Text: Forces loyal to South Sudan's President Salva Kiir rounded up allies of First Vice President Riek Machar https://www.reuters.com/world/africa/south-sudan-detains-oil-minister-several-military-officials-says-vice-presidents-2025-03-05/ earlier this month, arresting two ministers and several senior military officials, Machar's spokesperson said.
INDIA STOCKS-Indian benchmarks off to a muted start as tariff uncertainty persists
top_india
03/07/2025
Story Text: Indian benchmarks opened little changed on Friday after two sessions of gains, while other Asian stocks fell as U.S. tariff uncertainty continued to weigh on investor sentiment.
LMA CEO: Industry gender equality a ‘journey, not a destination’
world_at_work
03/07/2025
Story Text: (The Insurer) - The insurance industry has made significant progress in the journey towards gender equality but there remains a long distance yet to travel, Lloyd's Market Association CEO Sheila Cameron has told The Insurer TV.
Japan's Nikkei ends at 6-month low as tech shares fall, stronger yen weighs
south_east_asia_business_news
03/07/2025
Story Text: Japan's Nikkei share average fell more than 2% to end at a six-month low on Friday, as technology stocks tracked Wall Street declines and a stronger yen weighed on exporters.
IOM verifying reports of 186 people missing after migrant boats capsize off Yemen, Djibouti coasts
top_news
03/07/2025
Story Text: The International Organization for Migration said on Friday it was verifying reports that 186 people were missing after four boats carrying migrants capsized off the coasts of Yemen and Djibouti overnight.
UPDATE 1-US to hold hearing on China's efforts to boost semiconductor industry
south_east_asia_top_news
03/07/2025
Story Text: The U.S. Trade Representative's Office will hold a hearing on Tuesday into older Chinese-made legacy semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear.
Soccer-Leverkusen must move on from Bayern loss, says Alonso
Global Sport
03/07/2025
Story Text: Bayer Leverkusen's players must be professional and quickly move on from their chastening 3-0 Champions League defeat to Bayern Munich, manager Xabi Alonso said on Friday ahead of a Bundesliga clash with Werder Bremen.
CANADA STOCKS-TSX inches up, but still set for worst week in nearly 18 months
ca_canada
03/07/2025
Story Text: Canada's main stock index recouped early losses to rise on Friday, as investors parsed domestic and U.S. employment data, but remained on track for its biggest weekly fall since September 2023.
WRAPUP 4-Policy uncertainty tests US labor market resilience
world_at_work
03/07/2025
Story Text: U.S. job growth picked up in February, but cracks are emerging in the once-resilient labor market amid a chaotic trade policy and deep federal government spending cuts that threaten to disrupt economic growth this year.
India's IndusInd Bank gets central bank's nod for re-naming Sumant Kathpalia CEO, MD
top_india
03/07/2025
Story Text: India's IndusInd Bank <INBK.NS> received approval from the country's central bank to reappoint Sumant Kathpalia as its chief executive officer and managing director for a period of one year, the lender said on Friday.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
UPDATE 1-Rand falls as Trump to cut US federal funding to South Africa
top_news
03/07/2025
Story Text: South Africa's rand fell on Friday after U.S. President Donald Trump said he would cut off all federal funding to the country, while the dollar sagged after data showed the U.S. economy created fewer jobs than expected last month.
US STOCKS-Futures tick up with payrolls data, Powell's remarks on tap
south_east_asia_business_news
03/07/2025
Story Text: U.S. stock index futures edged up on Friday, ahead of a key jobs report and comments from Federal Reserve Chair Jerome Powell, as investors keenly awaited clarity on the health of the world's largest economy amid turbulence triggered by tariff uncertainty.
INDIA BONDS-Indian bond yields little changed as traders await US jobs data
top_india
03/07/2025
Story Text: Indian government bond yields ended largely unchanged on Friday, as investors stayed put before key U.S. economic data and commentary from Federal Reserve chief due later in the day.
UPDATE 3-Rights advocates concerned by reported US plan to use AI to revoke student visas
middle_east_top_news
03/07/2025
Story Text: Rights advocates raised alarm, including free speech concerns, on Thursday after it was reported that the U.S. State Department will use artificial intelligence to revoke visas of foreign students who it perceives as supporters of Palestinian Hamas militants.
FOREX-US dollar falters after data shows slowing labor market
business
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen on Friday after data showed the labor market in the world's largest economy slowed last month, creating fewer jobs than expected.
Soccer-Don't celebrate too much, Fenerbahce boss Mourinho tells Rangers
Global Sport
03/07/2025
Story Text: Fenerbahce manager Jose Mourinho told Rangers not to celebrate too much and that their Europa League round of 16 tie is far from over despite the Scottish side winning 3-1 in the first leg in Istanbul on Thursday.
Story Text: Exports of Kazakhstan's CPC Blend https://www.reuters.com/business/energy/latest-us-sanctions-russia-throw-global-oil-trade-into-disarray-2025-02-14/ to Asia are expected to stay high in March and April after hitting their highest in well over a year, according to traders and shipping data, as Chinese and South Korean buyers replaced more expensive Middle Eastern oil.
EXCLUSIVE-Canada's RBC lays off some employees after segment shakeup, sources say
world_at_work
03/07/2025
Story Text: Royal Bank of Canada <RY.TO>, Canada's https://www.reuters.com/world/canada/ largest lender, laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two sources with direct knowledge of the layoffs told Reuters. Some of the layoffs were at the technology and operations, personal banking and commercial banking teams and began earlier this week, the sources said, requesting anonymity.
Japan ready to declare end to deflation, economy minister says
south_east_asia_top_news
03/07/2025
Story Text: Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.
UPDATE 2-Drone strike kills two as Gaza ceasefire standoff continues
middle_east_top_news
03/07/2025
Story Text: An Israeli drone strike killed two people in Gaza on Friday, local Palestinian medical authorities said, underscoring the uncertainty surrounding a fragile https://www.reuters.com/world/middle-east/israel-hamas-diverge-over-ceasefire-with-first-phase-set-expire-2025-02-28/ ceasefire deal that has halted fighting in the enclave for weeks.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
GRAPHIC-Asian countries in the crosshairs of Trump's tariffs
south_east_asia_top_news
03/07/2025
Story Text: As U.S. President Donald Trump's new trade tariffs https://www.reuters.com/world/trade-wars-erupt-trump-hits-canada-mexico-china-with-steep-tariffs-2025-03-04/ on China, Mexico and Canada kick off, sparking another trade war, countries in Asia's complex and integrated global supply chain are in the crosshairs.
North Korea leader visits shipyards to inspect nuclear submarine projects
south_east_asia_top_news
03/07/2025
Story Text: North Korea's leader Kim Jong Un emphasised the importance of strengthening naval power as he visited major shipyards to inspect construction projects of naval vessels and nuclear submarines, state media KCNA reported on Saturday.
Indian payments firm AGS Transact defaults on dues worth 386 million rupees
business
03/07/2025
Story Text: India's AGS Transact Technologies <AGST.NS> and its units defaulted in paying obligations worth 385.9 million rupees ($4.44 million), the struggling payments services firm said.
CORRECTED-UK Treasury weighs cutting funding to GB Energy, FT reports
uk_domestic
03/07/2025
Story Text: Britain's Treasury department is weighing cutting funding plans for state-backed power company GB Energy in a spending review slated for June, the Financial Times reported on Friday.
EXCLUSIVE-US mulls how to ease Russia energy sanctions quickly if war ends, sources say
rcom_energy
03/07/2025
Story Text: The U.S. government is studying ways it could ease sanctions on Russia's energy sector as part of a broad plan to enable Washington to deliver swift relief if Moscow agrees to end the Ukraine war https://www.reuters.com/world/ukraine-russia-war/, according to two sources familiar with the matter.
Bank of England's Bailey gives evidence at ex-Barclays boss Staley's UK ban appeal
uk_domestic
03/07/2025
Story Text: Bank of England Governor Andrew Bailey said emails between ex-Barclays boss Jes Staley and Jeffrey Epstein raised awkward questions in a witness statement made public on Friday, as he gave evidence at Staley's appeal against an industry ban.
UPDATE 2-General among dozens killed in attack on UN helicopter evacuation in South Sudan
top_news
03/07/2025
Story Text: A South Sudanese general and dozens of soldiers were killed on Friday when a United Nations helicopter trying to evacuate them from the northern town of Nasir came under attack, the government said.
UPDATE 2-SBI denies report it is negotiating with SK Hynix, UMC on Japan chip plant
south_east_asia_business_news
03/07/2025
Story Text: SBI Holdings <8473.T> denied a Nikkan Kogyo newspaper report that it is negotiating with South Korea's SK Hynix <000660.KS> and Taiwan's UMC <2303.TW> about collaboration on a chips plant in Miyagi prefecture.
Alpine skiing-France's Pinturault to focus on giant slalom for final Olympic push
Global Sport
03/07/2025
Story Text: French skier Alexis Pinturault confirmed on Friday that he would focus on the giant slalom next season, with the goal of competing in the 2026 Milan-Cortina Winter Olympics.
India's top court asks Adani to reply to allegations over Dharavi slum project
business
03/07/2025
Story Text: India's Supreme Court on Friday asked billionaire Gautam Adani's conglomerate to respond to allegations of unfairly winning a bid to redevelop https://www.reuters.com/world/india/history-indias-dharavi-slum-adanis-plans-redevelop-it-2023-08-28/ one of Asia's largest slums in Mumbai, with the competing Dubai-based consortium offering to raise its bid.
UPDATE 2-US pushes India to lower tariffs, buy more defence products for fair new deal
top_india
03/07/2025
Story Text: India needs to buy more defence products and lower its tariffs on U.S. products for the two countries to be able to sign a grand bilateral deal, U.S. Commerce Secretary Howard Lutnick told India Today television on Friday.
UPDATE 2-US pushes India to lower tariffs, buy more defence products for fair new deal
business
03/07/2025
Story Text: India needs to buy more defence products and lower its tariffs on U.S. products for the two countries to be able to sign a grand bilateral deal, U.S. Commerce Secretary Howard Lutnick told India Today television on Friday.
Nine Egyptians freed after 19 months in Sudanese captivity
top_news
03/07/2025
Story Text: Nine Egyptians freed after being held for 19 months by Sudan's paramilitary Rapid Support Forces arrived in Egypt to celebrations on Thursday morning as the Sudanese army advanced https://www.reuters.com/world/africa/sudanese-army-ally-claims-major-interception-rsf-military-supplies-2025-02-28/ in Khartoum.
US, Canadian farmers face soaring fertilizer prices amid Trump trade war
ca_canada
03/07/2025
Story Text: With only weeks until spring planting on both sides of the border gets underway, Canadian and U.S. farmers, already facing low grain prices https://www.reuters.com/markets/commodities/american-farmers-plant-more-corn-seeking-best-chance-profits-2025-02-26/, are bracing for another economic blow: even bigger fertilizer bills amid a North American trade war.
INSTANT VIEW-Canada's economy adds few jobs in February; unemployment unchanged
ca_canada
03/07/2025
Story Text: Canada's unemployment in February was unchanged nL3N3PP1OK from the prior month and new job additions was only marginally up, data showed on Friday, showing early signs of an impact of uncertainty around U.S. tariffs on hiring decisions of companies.
Soccer-Arsenal’s Arteta looks ahead to Manchester United test with confidence
Global Sport
03/07/2025
Story Text: Arsenal manager Mikel Arteta praised Manchester United's character and legacy ahead of Sunday's clash while highlighting the boost his side got from their midweek 7-1 Champions League win at PSV Eindhoven as the key to maintaining momentum.
UPDATE 1-Fed may need to stay patient on rates until summer, Bostic signals
U.S. MONEY
03/07/2025
Story Text: New policies under the Trump administration are placing the U.S. economy in incredible flux, Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday, and he suggested it is unlikely that the Fed will have enough clarity to move on interest rates before late spring or summer.
Story Text: France handed over two military facilities to Senegal on Friday, the French embassy said, the first formal step in ending French military presence in the West African country as the region shifts away from the former coloniser.
Intuitive Machines stock plummets after second apparent sideways moon landing
Global Science
03/07/2025
Story Text: Intuitive Machines' <LUNR.O> shares tumbled 34% in premarket trading on Friday after its second moon lander, Athena, appeared to have landed on its side https://www.reuters.com/technology/space/intuitive-machines-athena-lander-closing-lunar-touchdown-site-2025-03-06/, mirroring the company's first lunar landing attempt last year.
UPDATE 1-Vietnam tells trade ministry to boost rice exports to counter oversupply
south_east_asia_business_news
03/07/2025
Story Text: The Vietnamese government has told the trade ministry to seek to boost rice exports to the U.S., China, the EU and Japan as the country looks to manage an oversupply of the grain, according to a government document reviewed by Reuters.
EMERGING MARKETS-Most Latam currencies steady after US jobs data, set to clock weekly gains
business
03/07/2025
Story Text: Most Latin American currencies were flat on Friday, as investors assessed a U.S. job report which hinted that the Federal Reserve remained on track to cut interest rates this year, capping off a choppy week marked by confusion over U.S. trade policy.
FOREX-Euro eyes best week in 16 years as dollar softens ahead of jobs data
business_news
03/07/2025
Story Text: The euro was set for its best week in 16 years against the dollar on Friday, as Germany's game-changing fiscal reforms continue to attract buyers, while the greenback wallowed near a four-month low ahead of U.S. jobs data later in the day.
UPDATE 1-US to hold hearing on China's efforts to boost semiconductor industry
south_east_asia_business_news
03/07/2025
Story Text: The U.S. Trade Representative's Office will hold a hearing on Tuesday into older Chinese-made legacy semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear.
Cosmo to launch Japan's first sustainable aviation fuel production in April
south_east_asia_business_news
03/07/2025
Story Text: Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet fuel with a cleaner alternative, though cost-cutting challenges remain.
UPDATE 1-Russian tanker group Sovcomflot expects more pressure from Western sanctions after profit slump
rcom_energy
03/07/2025
Story Text: Russia's leading tanker group Sovcomflot <FLOT.MM> on Friday blamed Western sanctions for a profit slump in 2024 and warned that new restrictions imposed on its fleet this year would exert increased pressure.
Reform UK refers lawmaker Lowe to police over threats to chairman
uk_domestic
03/07/2025
Story Text: Right-wing populist party Reform UK, which has been leading in some British opinion polls, said on Friday it had referred one of its lawmakers to the police over allegations of threats of physical violence against the party's chairman.
Japan's Nikkei falls, tracking Wall Street declines
south_east_asia_business_news
03/07/2025
Story Text: Japan's Nikkei share average fell on Friday, tracking Wall Street's overnight declines, with technology stocks dragging the index the most.
Soccer-Spurs looking to returning players for more consistency, says Postecoglou
Global Sport
03/07/2025
Story Text: Tottenham Hotspur defenders Cristian Romero and Micky van de Ven may finally return to action in Sunday's Premier League clash at home to Bournemouth after weeks on the sidelines with thigh injuries, manager Ange Postecoglou has said.
EMERGING MARKETS-Asian currencies inch lower amid Trump tariff policy uncertainty
south_east_asia_business_news
03/07/2025
Story Text: Most emerging Asian currencies ticked lower on Friday and stocks were mixed after a turbulent week as U.S. President Donald Trump's fast-changing tariff policy fuelled investor uncertainty.
EXCLUSIVE-ADNOC eyes international listing of XRG, sources say
middle_east_top_news
03/07/2025
Story Text: Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally.
FOREX-US dollar stumbles after nonfarm payrolls data
business_news
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen on Friday, after data showed the world's largest economy created fewer jobs than expected last month, suggesting that the Federal Reserve remained on track to cut interest rates multiple times this year.
Canada court approves $23 billion settlement to end Big Tobacco lawsuits
Sustainable Business
03/07/2025
Story Text: A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units of three Big Tobacco companies will pay C$32.5 billion ($22.67 billion), Philip Morris and British American Tobacco said on Friday.
UPDATE 4-Trump says he sent letter to Iran leader to negotiate nuclear deal
middle_east_top_news
03/07/2025
Story Text: U.S. President Donald Trump https://www.reuters.com/world/us/donald-trump/ said he wants to negotiate a nuclear deal with Iran and sent a letter to its leadership this week suggesting talks with the Islamic Republic, which the West fears is rapidly nearing the capability https://www.reuters.com/world/middle-east/iran-has-about-200-kg-uranium-enriched-near-bomb-grade-grossi-says-2025-01-22/ to make atomic weapons.
RPT-ASIA RICE-India rates hit lowest since June 2023, Vietnam sees demand pick up
business
03/07/2025
Story Text: Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand.
China loses private jets as other Asian growth spots emerge
south_east_asia_business_news
03/07/2025
Story Text: A sharp fall in the number of private jets based in China in recent years shows the impact a weakening domestic economy, anti-corruption drives and the pandemic have had on the country's wealthiest, according to business aviation industry data and experts.
Indian payments firm AGS Transact defaults on dues worth 386 million rupees
top_india
03/07/2025
Story Text: India's AGS Transact Technologies <AGST.NS> and its units defaulted in paying obligations worth 385.9 million rupees ($4.44 million), the struggling payments services firm said.
Tennis-Vondrousova faces months out with shoulder injury
North American Sports
03/07/2025
Story Text: Former Wimbledon champion Marketa Vondrousova said she expects to be out of action for a few months as she recovers from a shoulder injury.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
Australia's Albanese says he won't call election for April as cyclone approaches
Global Environment
03/07/2025
Story Text: Australia's Prime Minister Anthony Albanese on Friday ruled out calling a national election for April on Sunday or Monday, as had been expected, so his government can focus on an approaching cyclone in Queensland state.
UPDATE 1-UK's Serica Energy in talks for possible combination with EnQuest
uk_domestic
03/07/2025
Story Text: UK's Serica Energy <SQZ.L> said on Friday that it is in talks regarding a possible combination with EnQuest <ENQ.L> as the London-listed companies target increased scale and diversification.
INDIA RUPEE-Rupee jumps as dollar weakness persists, logs best week in over 2 years
top_india
03/07/2025
Story Text: The Indian rupee ended stronger on Friday, posting its best weekly gain in over two years as the U.S. dollar declined sharply against major peers, which also helped lift the local unit's regional counterparts.
REFILE-Dark and dangerous shadow of stalking hovers over growth of women's sport
Global Sport
03/07/2025
Story Text: Emma Raducanu described being unable to see the ball through her tears after spotting a stalker https://www.reuters.com/sports/tennis/raducanu-says-she-struggled-breathe-during-dubai-stalker-incident-2025-03-05/ at a match last month, and the image of the British tennis player taking refuge behind the umpire's chair encapsulated the darker side of women's sport.
US STOCKS-Futures inch up with payrolls data, Powell's remarks on tap
south_east_asia_business_news
03/07/2025
Story Text: U.S. stock index futures edged up on Friday, ahead of a key jobs report and comments from Federal Reserve chair Jerome Powell, as investors keenly awaited clarity on the health of the world's largest economy amid turbulence triggered by tariff uncertainty.
Athletics-World Athletics to focus on gender parity among coaches and officials
Global Sport
03/07/2025
Story Text: World Athletics has a three-year action plan to empower women across several areas such as coaching and officiating that the governing body says will position the sport as a global model for equity and inclusion.
Tennis-Back to the drawing board for Kyrgios after wrist injury at Indian Wells
North American Sports
03/07/2025
Story Text: A bitterly disappointed Nick Kyrgios said he was getting worried that injuries were stopping him from finishing matches after the former Wimbledon finalist retired from his first-round contest at Indian Wells on Thursday due to pain in his right wrist.
Catholic priest abducted, killed in Nigeria, Christian group says
top_news
03/07/2025
Story Text: A Catholic priest was kidnapped and killed in Nigeria's northern Kaduna state, the Christian Association of Nigeria (CAN) said on Friday, adding that the murder highlighted insecurity in a region where armed groups have continued to target civilians.
FACTBOX-Who could be the next Nissan CEO after Uchida?
south_east_asia_business_news
03/07/2025
Story Text: Nissan <7201.T> CEO Makoto Uchida is under deepening pressure over the Japanese automaker's weakening performance and board members are due to gather on March 11 to discuss potential successors https://www.reuters.com/business/autos-transportation/nissan-board-meet-march-11-discuss-potential-ceo-successors-sources-say-2025-03-07/, people familiar with the matter have said.
United States quits board of UN climate damage fund, letter shows
Global Environment
03/07/2025
Story Text: The United States has withdrawn from the board of the U.N.'s hard-negotiated climate damage fund, dedicated to helping poor and vulnerable nations cope with climate change-fuelled disasters, a letter seen by Reuters showed.
Boeing ties employee incentive plan to company-wide performance
world_at_work
03/07/2025
Story Text: Annual bonuses for more than 100,000 Boeing employees this year will be tied to company-wide performance, rather than by business unit, as in previous years.
CANADA FX DEBT-Canadian dollar pares weekly gain as jobs miss supports rate cut bets
ca_canada
03/07/2025
Story Text: The Canadian dollar gave back some of its weekly advance against the greenback on Friday as a smaller-than-expected domestic jobs gain supported bets for another interest rate cut at an upcoming policy decision by the Bank of Canada.
India New Issue-Edel Finance accepts bids for 3-year bonds, bankers say
top_india
03/07/2025
Story Text: India's Edel Finance has accepted bids worth 5 billion rupees ($57.5 million) for bonds maturing in three years, three bankers said on Friday.
Indian firms ramp up long-term FX hedges on rupee swings, cheaper costs
top_india
03/07/2025
Story Text: A rise in the Indian rupee's volatility, coupled with a decline in the cost of protecting against currency weakness has prompted firms to increase longer-tenor hedges to shield their balance sheets.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
UPDATE 1-China's January-February exports, imports weaker than expected
south_east_asia_business_news
03/07/2025
Story Text: China's exports lost momentum over the January-February period and imports unexpectedly shrank, amid escalating trade tensions with the United States, dealing a blow to an economic recovery that has so far largely been reliant on exports.
UPDATE 3-South Korea offers to freeze medical student numbers to resolve 13-month dispute
south_east_asia_top_news
03/07/2025
Story Text: South Korea's education ministry has agreed to freeze the number of new medical students at about 3,000 a year, it said on Friday, in a bid to end a 13-month dispute nL6N3PQ069 involving a walkout by trainee doctors and the boycott of classes.
US STOCKS-Wall St edges higher after Fed chief's comments, but set for weekly loss
south_east_asia_business_news
03/07/2025
Story Text: U.S. stocks edged higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the economy was in a good place.
EXCLUSIVE-ADNOC eyes international listing of XRG, sources say
rcom_energy
03/07/2025
Story Text: Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally.
CORRECTED-UK Treasury weighs cutting funding to GB Energy, FT reports
rcom_energy
03/07/2025
Story Text: Britain's Treasury department is weighing cutting funding plans for state-backed power company GB Energy in a spending review slated for June, the Financial Times reported on Friday.
Argentina storm leaves six dead in Bahia Blanca port city, media report says
Global Environment
03/07/2025
Story Text: Heavy rains in the Argentine port city of Bahia Blanca, southwest of capital Buenos Aires, led to six deaths and caused substantial flooding, local media and officials said on Friday.
Soccer-'It hurts the soul', says Brazilian player Luighi after facing racial abuse in Paraguay
Global Sport
03/07/2025
Story Text: The Brazilian soccer federation (CBF) said they will file a complaint with South Amrcia's soccer governing body CONMEBOL after Palmeiras U20 player Luighi faced racial abuse while playing against Cerro Porteno U20 in Paraguay on Thursday.
India's top court asks Adani to reply to allegations over Dharavi slum project
top_india
03/07/2025
Story Text: India's Supreme Court on Friday asked billionaire Gautam Adani's conglomerate to respond to allegations of unfairly winning a bid to redevelop https://www.reuters.com/world/india/history-indias-dharavi-slum-adanis-plans-redevelop-it-2023-08-28/ one of Asia's largest slums in Mumbai, with the competing Dubai-based consortium offering to raise its bid.
Israel military spokesperson, who was rebuked by defence chiefs, steps down
middle_east_top_news
03/07/2025
Story Text: Israel's chief military spokesperson, one of the main public faces of the war in Gaza https://www.reuters.com/world/israel-hamas/ who faced criticism from Defence Minister Israel Katz, will step down from his post and retire, the military said on Friday.
INDIA STOCKS-Reliance, metal stocks power India's Nifty 50 to its best week in three months
top_india
03/07/2025
Story Text: India's benchmark index Nifty 50 logged its best week in three months, led by heavyweight Reliance Industries and metal stocks, as losses in the past three weeks triggered bargain buying.
UPDATE 2-UK Treasury weighs cutting funding to GB Energy, FT reports
uk_domestic
03/07/2025
Story Text: Britain's Treasury department is weighing cutting funding plans for state-backed power company GB Energy in a spending review slated for June, the Financial Times reported on Friday.
INDIA STOCKS-Reliance, metal stocks power India's Nifty 50 to its best week in three months
top_india
03/07/2025
Story Text: India's benchmark index Nifty 50 logged its best week in three months, led by heavyweight Reliance Industries and metal stocks, as losses in the past three weeks triggered bargain buying.
US Cash Crude-Grades firm slightly after whipsaw tariff-focused week
business_news
03/07/2025
Story Text: U.S. cash crude grades firmed marginally on Friday, dealers said, steadying after a rollercoaster week of uncertainty in the market around U.S. tariffs on Mexico and Canada.
Sport-Australia, US, Britain and NZ join forces in women's health initiative
Global Sport
03/07/2025
Story Text: Sports scientists from Australia, the U.S., Britain and New Zealand have formed a partnership focused on helping female athletes fulfil their potential by providing access to research and best-practice information, the Australian Sports Commission (ASC) said on Friday.
Tennis-Rising star Fonseca still adjusting to newfound fame
Global Sport
03/07/2025
Story Text: Joao Fonseca said he is still getting used to signing autographs instead of asking for them after the Brazilian teenager showcased his talent with a win over Jacob Fearnley in his first match at Indian Wells on Thursday.
EXCLUSIVE-US to levy fees on China-linked ships, push allies to do likewise, draft executive order says
south_east_asia_top_news
03/07/2025
Story Text: The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.
UPDATE 1-South Africa's defence minister: Congo troop deployment to be relooked at
top_news
03/07/2025
Story Text: South Africa's defence minister said there was a need to relook at a Southern African mission in Democratic Republic of Congo, where troops from several countries including South Africa are deployed to help the country fight Rwanda-backed rebels.
EMERGING MARKETS-Stocks set for weekly gains amid US trade policy uncertainty
business_news
03/07/2025
Story Text: Emerging market stocks were set for weekly gains on Friday, capping off a turbulent week for global markets marred by the confusion over U.S. trade policy, while most currencies were stable ahead of a crucial U.S. jobs report.
South Africa sells 275 million rand of inflation-linked bonds at auction
top_news
03/07/2025
Story Text: South Africa's government sold 275 million rand ($15.21 million) of its 2031 <ZAI2031=> and 2038 <ZAI2038=> inflation-linked bonds at auction, central bank data showed on Friday.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
India New Issue-NABARD accepts bids for April 2030 bond reissue, bankers say
business
03/07/2025
Story Text: India's National Bank for Agriculture and Rural Development (NABARD) has accepted bids worth 70 billion rupees ($803 million) for the reissue of 7.40% April 2030 bonds, three bankers said on Friday.
Story Text: Novak Djokovic said he has recovered from the hamstring injury that forced him out of the Australian Open semi-finals and confirmed he will play the 'Sunshine Double' at Indian Wells and Miami for the first time since 2019.
EMERGING MARKETS-Asian currencies inch lower amid Trump tariff policy uncertainty
south_east_asia_business_news
03/07/2025
Story Text: Most emerging Asian currencies ticked lower on Friday and stocks were mixed after a turbulent week as U.S. President Donald Trump's fast-changing tariff policy fuelled investor uncertainty.
Athletics-World Athletics to focus on gender parity among coaches and officials
North American Sports
03/07/2025
Story Text: World Athletics has a three-year action plan to empower women across several areas such as coaching and officiating that the governing body says will position the sport as a global model for equity and inclusion.
UPDATE 2-UK insurer Just Group meets five year profit target in three, 2024 profit up 34%
uk_domestic
03/07/2025
Story Text: British insurer Just Group's <JUSTJ.L> shares fell more than 17% on Friday despite its annual operating profit rising on strong demand for pension insurance, with analysts citing a lack of information on its future prospects.
UPDATE 1-India allows exports of broken rice to cut stockpiles
top_india
03/07/2025
Story Text: India allowed the export of 100% broken rice, the government said in a notification late on Friday, after inventories reached a record high at the start of February, nearly nine times the government's target.
FOREX-Euro poised for best week since 2009 as dollar weakens ahead of jobs data
business_news
03/07/2025
Story Text: The euro was set for its best week in 16 years against the dollar on Friday, boosted by Germany's game-changing fiscal reforms, while worries over growth and tariffs drove the greenback to a four-month low ahead of U.S. jobs data.
India New Issue-Aditya Birla Housing Finance to issue over 3-year bonds, bankers say
business
03/07/2025
Story Text: India's Aditya Birla Housing Finance plans to raise 15 billion rupees ($172 million) including a greenshoe option of 12.50 billion rupees, through a sale of bonds maturing in three years and five months, three bankers said on Friday.
PREVIEW-Cricket-India chasing Champions Trophy history, NZ ready to scrap
top_india
03/07/2025
Story Text: India are heavy favourites to claim a record third Champions Trophy in Dubai on Sunday but Rohit Sharma's men face a New Zealand side with plenty of firepower in the first major white-ball final between the teams in a quarter of a century.
INDIA RUPEE-Rupee battles weak risk, failure at psychological level
top_india
03/07/2025
Story Text: The Indian rupee could face downward pressure on Friday on heightened risk aversion stemming from U.S. tariff uncertainty, compounded by its failure to breach a key level.
Cosmo to launch Japan's first sustainable aviation fuel production in April
Sustainable Business
03/07/2025
Story Text: Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet fuel with a cleaner alternative, though cost-cutting challenges remain.
UPDATE 1-Vietnam tells trade ministry to boost rice exports to counter oversupply
south_east_asia_top_news
03/07/2025
Story Text: The Vietnamese government has told the trade ministry to seek to boost rice exports to the U.S., China, the EU and Japan as the country looks to manage an oversupply of the grain, according to a government document reviewed by Reuters.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
Soccer-Amorim hopeful Diallo can return for Man United before end of season
Global Sport
03/07/2025
Story Text: Manchester United boss Ruben Amorim gave an encouraging injury update on Amad Diallo, saying the winger could be back from an ankle ligament issue before the season's end.
UPDATE 4-Oil group DNO to buy Sval Energi in $1.6 bln deal, boosting North Sea assets
rcom_energy
03/07/2025
Story Text: Norwegian oil company DNO <DNO.OL> has agreed to buy rival Sval Energi from private equity group HitecVision in a deal valued at $1.6 billion, it said on Friday, marking further consolidation https://www.reuters.com/markets/deals/equinor-shell-form-jointly-owned-oil-gas-producer-britain-2024-12-05/ among North Sea oil and gas producers.
Soccer-England manager Tuchel has hit the ground running, says FA chief Bullingham
Global Sport
03/07/2025
Story Text: Thomas Tuchel has had a big impact on the England national team and developed good connections with a large pool of players in a short space of time, FA chief Mark Bullingham told the BBC.
UPDATE 1-India's foreign exchange reserves come off two-month highs
business
03/07/2025
Story Text: India's foreign exchange reserves <INFXR=ECI> fell $1.8 billion to $638.7 billion as of February 28, coming off two-month highs in the previous week, data released by the central bank on Friday showed.
UPDATE 1-Nigeria to receive leprosy drugs after a year-long delay
top_news
03/07/2025
Story Text: The World Health Organization says it will send leprosy drugs to Nigeria this weekend after resolving testing hold-ups that led to a year-long delay in thousands of patients, including children, getting the medicine they need to prevent disability.
FOREX-US dollar sags after weaker-than-expected jobs data, Fed's Powell comments
business
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen and fell versus most currencies on Friday after data showed the labor market in the world's largest economy slowed last month, creating fewer jobs than expected.
Alpine skiing-France's Pinturault to focus on giant slalom for final Olympic push
North American Sports
03/07/2025
Story Text: French skier Alexis Pinturault confirmed on Friday that he would focus on the giant slalom next season, with the goal of competing in the 2026 Milan-Cortina Winter Olympics.
US STOCKS-Wall Street rises on energy boost; jobs data, Powell in focus
business_news
03/07/2025
Story Text: Wall Street's main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report and awaited comments from Federal Reserve Chair Jerome Powell for clues on the health of the U.S. economy.
UPDATE 1-British water companies fight off $1.9 billion lawsuits over sewage pollution
Global Environment
03/07/2025
Story Text: Six British water companies on Friday defeated mass lawsuits valued at over 1.5 billion pounds ($1.9 billion) for allegedly under-reporting sewage discharges and overcharging millions of customers.
Soccer-Man United manager Amorim says match turned on Sociedad penalty decision
Global Sport
03/07/2025
Story Text: Manchester United manager Ruben Amorim was happy with his side's performance in their 1-1 Europa League draw at Real Sociedad https://www.reuters.com/sports/soccer/man-united-draw-1-1-sociedad-spurs-lose-1-0-alkmaar-2025-03-06/ on Thursday but said the match drifted away from them after the Spaniards equalised from the penalty spot in the second half.
India's market regulator warns Nestle over breach of insider trading regulations
business
03/07/2025
Story Text: Nestle India <NEST.NS> said on Friday it received a warning from the country's markets regulator for a breach of insider trading regulations by a designated person of the company.
US Cash Crude-Grades firm slightly after whipsaw tariff-focused week
business
03/07/2025
Story Text: U.S. cash crude grades firmed marginally on Friday, dealers said, steadying after a rollercoaster week of uncertainty in the market around U.S. tariffs on Mexico and Canada.
Story Text: Exports of Kazakhstan's CPC Blend https://www.reuters.com/business/energy/latest-us-sanctions-russia-throw-global-oil-trade-into-disarray-2025-02-14/ to Asia are expected to stay high in March and April after hitting their highest in well over a year, according to traders and shipping data, as Chinese and South Korean buyers replaced more expensive Middle Eastern oil.
UPDATE 1-FTSE 100 marks worst week of year amid tariff whiplash
uk_domestic
03/07/2025
Story Text: British stocks ended mostly lower on Friday, as gains in heavyweight oil and gas company shares were offset by worries about the impact of U.S. trade policies on global economic growth.
UPDATE 2-US FTC sues to block private equity purchase of medical company
Sustainable Business
03/07/2025
Story Text: The U.S. Federal Trade Commission sued on Thursday to block medical device coatings maker Surmodics' <SRDX.O> acquisition by private equity firm GTCR, saying the deal would contribute to high healthcare costs.
Lloyds shifts skilled IT jobs from UK to India, FT reports
world_at_work
03/07/2025
Story Text: Lloyds Banking Group <LLOY.L> is hiring hundreds of IT engineers in India, while planning to cut hundreds of similar jobs in the UK, the Financial Times reported on Friday citing a person familiar with the plans.
India markets regulator to boost transparency, including on board conflicts, chair says
business
03/07/2025
Story Text: India's markets regulator will improve transparency in its functioning, including by revealing any conflicts of interest of its board members, as a way to build trust, Chairperson Tuhin Kanta Pandey said on Friday.
Mob attacks surge in rebel-held east Congo city Bukavu
top_news
03/07/2025
Story Text: At least 11 people were killed in attacks over the past day in the rebel-held Democratic Republic of Congo city of Bukavu as vigilante violence rises following the army's withdrawal, witnesses and a civil society activist said on Thursday.
US Cash Products-Gulf Coast gasoline differentials gain ahead of new trading cycle
rcom_energy
03/07/2025
Story Text: Cash differentials for gasoline rose on the U.S. Gulf Coast spot market on Friday on buying demand ahead of the 16th annual delivery cycle to New York Harbor, traders said.
Soccer-Eto’o wins appeal to stand as candidate at CAF elections
Global Sport
03/07/2025
Story Text: Four-times African Footballer of the Year Samuel Eto’o has won the right to be included on the list of candidates for the Confederation of African Football’s elective congress next week after initially being ruled out of the contest.
Sri Lanka clinches deal with Japan to restructure $2.5 billion in debt
south_east_asia_business_news
03/07/2025
Story Text: Sri Lanka and Japan signed agreements on Friday to restructure $2.5 billion worth of debt, completing two years of talks that will assist the island nation in getting back on its feet after a severe financial crisis.
Olympics-Only boxers from recognised body would take part in LA 2028 Games, says Bach
Global Sport
03/07/2025
Story Text: Boxers whose national federations are not part of the global boxing body provisionally recognised by the International Olympic Committee could miss out on the Los Angeles 2028 Games if the sport is included, IOC chief Thomas Bach said on Friday.
EXCLUSIVE-US to levy fees on China-linked ships, push allies to do likewise, draft executive order says
south_east_asia_business_news
03/07/2025
Story Text: The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.
UPDATE 2-US ends collective bargaining for 50,000 TSA officers
world_at_work
03/07/2025
Story Text: The Trump administration said Friday it is ending collective bargaining for about 50,000 Transportation Security Administration officers that staff checkpoints at U.S. airports and other transportation hubs.
US STOCKS-Futures inch up with payrolls data, Powell's remarks on tap
business_news
03/07/2025
Story Text: U.S. stock index futures edged up on Friday, ahead of a key jobs report and comments from Federal Reserve chair Jerome Powell, as investors keenly awaited clarity on the health of the world's largest economy amid turbulence triggered by tariff uncertainty.
EXCLUSIVE-Canada's RBC lays off some employees after segment shakeup, sources say
ca_canada
03/07/2025
Story Text: Royal Bank of Canada <RY.TO>, Canada's https://www.reuters.com/world/canada/ largest lender, laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two sources with direct knowledge of the layoffs told Reuters. Some of the layoffs were at the technology and operations, personal banking and commercial banking teams and began earlier this week, the sources said, requesting anonymity.
UPDATE 3-Intuitive Machines stock plummets after second sideways moon landing
Global Science
03/07/2025
Story Text: Shares of Intuitive Machines <LUNR.O> slumped to close 22% lower on Friday after the U.S. space exploration company confirmed that its second moon lander, Athena, landed on its side https://www.reuters.com/technology/space/intuitive-machines-athena-lander-closing-lunar-touchdown-site-2025-03-06/ a day ago, similar to its first attempt last year.
Story Text: The failure of a SpaceX Starship test flight on Thursday scattered debris over parts of the Caribbean, prompting numerous flight diversions around Turks and Caicos and temporary ground stops at four Florida airports.
US STOCKS-Wall St ends higher after Fed chief's comments, but notches weekly loss
business_news
03/07/2025
Story Text: U.S. stocks finished higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the economy was in a good place, but stocks still posted a weekly loss on uncertainty about U.S. trade policy.
REFILE-Russian governor backs down on migrant labour ban after corporate outcry
world_at_work
03/07/2025
Story Text: The governor of a Russian region has lifted a ban on migrant workers in the construction industry just over a week after it was announced, following outcry by steel giant Severstal <CHMF.MM> that the restrictions would harm industry.
UPDATE 2-Canada's February unemployment rate unchanged, economy adds few jobs
ca_canada
03/07/2025
Story Text: Canada's unemployment rate held steady at 6.6% in February while new job additions were only marginally up, data showed on Friday, reflecting the early potential impact of uncertainty over U.S. tariffs https://www.reuters.com/business/tariffs/ on corporate hiring decisions.
Med crude-Urals diffs ease on firmer freight; Kazakhstan pledges to cut output
business
03/07/2025
Story Text: Urals crude differentials to dated Brent eased on Friday on firmer freight rates from Russia's western ports to India, while Kazakhstan, which has frequently exceeded OPEC+ production quotas, pledged to cut output in March, April and May.
Soccer-Postecoglou says Spurs didn't have right mindset against AZ Alkmaar
Global Sport
03/07/2025
Story Text: Tottenham Hotspur manager Ange Postecoglou said his side did not have the right mindset for their Europa League round of 16 match at AZ Alkmaar on Thursday and was glad to leave the Netherlands with only a 1-0 deficit to overturn.
New Zealand’s top spy warns on China’s influence in the Pacific, backs Five Eyes
south_east_asia_top_news
03/07/2025
Story Text: New Zealand’s top spy has warned of the security risks posed by China’s growing influence in the Pacific and said his agency would ramp up scrutiny of the Cook Islands after the nation deepened ties with Beijing.
UPDATE 1-Rand falls as Trump to cut US federal funding to South Africa
business_news
03/07/2025
Story Text: South Africa's rand fell on Friday after U.S. President Donald Trump said he would cut off all federal funding to the country, while the dollar sagged after data showed the U.S. economy created fewer jobs than expected last month.
EXPLAINER-What is behind South Korea medical student quota dispute
south_east_asia_top_news
03/07/2025
Story Text: The South Korean government said on Friday it was prepared to freeze the number of new medical students in a bid to resolve a 13-month long dispute involving a walkout by more than 13,000 trainee doctors and medical students boycotting classes.
Rugby-Scotland's Russell to keep kicking duties despite Twickenham woes
Global Sport
03/07/2025
Story Text: Scotland coach Gregor Townsend said flyhalf Finn Russell would continue with the kicking duties in Saturday's Six Nations game against Wales despite missing kicks at Twickenham that would have given his side victory over England two weeks ago.
Story Text: Exports of Kazakhstan's CPC Blend https://www.reuters.com/business/energy/latest-us-sanctions-russia-throw-global-oil-trade-into-disarray-2025-02-14/ to Asia are expected to stay high in March and April after hitting their highest in well over a year, according to traders and shipping data, as Chinese and South Korean buyers replaced more expensive Middle Eastern oil.
INSTANT VIEW-Powell says Fed marking time to see economic impact of Trump policies
south_east_asia_business_news
03/07/2025
Story Text: The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday.
United States quits board of UN climate damage fund, letter shows
Sustainable Business
03/07/2025
Story Text: The United States has withdrawn from the board of the U.N.'s hard-negotiated climate damage fund, dedicated to helping poor and vulnerable nations cope with climate change-fuelled disasters, a letter seen by Reuters showed.
Story Text: Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 02:18 GMT.
UK government planning 6 billion pounds in welfare savings, ITV News reports
uk_domestic
03/07/2025
Story Text: The British government is planning to make more than 6 billion pounds in welfare savings, ITV News reported on Friday, as finance minister Rachel Reeves seeks to balance the books.
INDIA BONDS-India bond yields flat before US jobs data, 10-year yield crawls up
top_india
03/07/2025
Story Text: Indian government bond yields were largely unchanged in early deals on Friday, as market participants awaited U.S. economic data to gauge the Federal Reserve's interest rate trajectory, which could also have a bearing on the domestic rate cycle.
RPT-ASIA RICE-India rates hit lowest since June 2023, Vietnam sees demand pick up
top_india
03/07/2025
Story Text: Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand.
INSTANT VIEW-Powell says Fed marking time to see economic impact of Trump policies
business_news
03/07/2025
Story Text: The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday.
CORRECTED-CANADA STOCKS-TSX futures flat, but index set for worst week in nearly 18 months
ca_canada
03/07/2025
Story Text: Futures linked to Canada's primary stock index held steady on Friday, although the benchmark was on track for its biggest weekly fall in nearly 18 months.
Story Text: Here are the top sports stories and upcoming coverage plans for Reuters text service as of 2 p.m. GMT/ 9 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.
US STOCKS SNAPSHOT-Futures move higher after February nonfarm payrolls data
business_news
03/07/2025
Story Text: U.S. stock index futures moved higher on Friday as investors assessed a nonfarm payrolls report for February to gauge the health of the world's largest economy.
UPDATE 1-US FAA says 240 flights disrupted by explosion of Musk's SpaceX Starship
Global Science
03/07/2025
Story Text: The U.S. Federal Aviation Administration said on Friday that the previous day's explosion of a SpaceX Starship spacecraft disrupted about 240 flights, with space debris concerns requiring more than two dozen of those planes to divert.
EXCLUSIVE-Taiwan fears Beijing is taking independence crackdown overseas
south_east_asia_top_news
03/07/2025
Story Text: Taiwan is considering warning citizens about risks of travelling to countries with strong ties to China, such as Laos and Cambodia, as they could be caught up in Beijing's campaign against Taiwan independence supporters, according to a senior Taiwan official and an internal memo.
INDIA BONDS-India bond yields flat before US jobs data, 10-year yield crawls up
business
03/07/2025
Story Text: Indian government bond yields were largely unchanged in early deals on Friday, as market participants awaited U.S. economic data to gauge the Federal Reserve's interest rate trajectory, which could also have a bearing on the domestic rate cycle.
Rugby-Fijian great Nadolo slams treatment of Drua players on NZ trip
Global Sport
03/07/2025
Story Text: Former Fiji international Nemani Nadolo has slammed Super Rugby organisers after logistical foul-ups dogged the Fijian Drua on a recent trip to New Zealand to play the Wellington Hurricanes.
Wall St Week Ahead-Rocky US stock market faces inflation data test
south_east_asia_business_news
03/07/2025
Story Text: A critical inflation report in the coming week could further rattle an increasingly tumultuous U.S. stock market, with investors worried about an economic growth slowdown and President Donald Trump's tariffs.
EMERGING MARKETS-Stocks set for weekly gains amid US trade policy uncertainty
business
03/07/2025
Story Text: Emerging market stocks were set for weekly gains on Friday, capping off a turbulent week for global markets marred by the confusion over U.S. trade policy, while most currencies were stable ahead of a crucial U.S. jobs report.
US STOCKS-Wall St ends higher after Fed chief's comments, but notches weekly loss
south_east_asia_business_news
03/07/2025
Story Text: U.S. stocks finished higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the economy was in a good place, but stocks still posted a weekly loss on uncertainty about U.S. trade policy.
US natural gas prices slip on forecasts for milder weather, lower demand
rcom_energy
03/07/2025
Story Text: U.S. natural gas futures dropped more than 3% on Friday, weighed down by forecasts for warmer-than-normal weather and lower heating demand over the next two weeks than previously expected.
UPDATE 1-UEFA loses bid to throw out Liverpool fans' lawsuit over 2022 Champions League final
Global Sport
03/07/2025
Story Text: European soccer's governing body UEFA on Friday lost its bid to throw out lawsuits brought by hundreds of Liverpool fans who attended the 2022 Champions League final in Paris for personal injuries allegedly caused by chaos outside the stadium.
China's yuan inches lower as investors weigh tariff impact
south_east_asia_business_news
03/07/2025
Story Text: China's yuan eased slightly against the dollar on Friday despite the pullback in the greenback https://www.reuters.com/markets/currencies/us-dollar-struggles-near-4-month-low-amid-growth-concern-jobs-data-spotlight-2025-03-07/, as uncertainties surrounding U.S. tariffs and their looming impact on China exports kept investors nervous.
South Sudan security forces release peacebuilding minister, vice presidency says
top_news
03/07/2025
Story Text: South Sudanese forces loyal to President Salva Kiir have released the peacebuilding minister, a key ally of First Vice President Riek Machar, a spokesman for Machar said on Friday, after the arrests of senior officials escalated tensions.
EXPLAINER-How will Canada's next prime minister be chosen?
ca_canada
03/07/2025
Story Text: Canada's ruling Liberal Party is choosing a new leader to replace Prime Minister Justin Trudeau, who said in January he was stepping down nL1N3O20JH after growing dissatisfaction over his performance. The result is due to be announced on March 9.
India's market regulator warns Nestle over breach of insider trading regulations
top_india
03/07/2025
Story Text: Nestle India <NEST.NS> said on Friday it received a warning from the country's markets regulator for a breach of insider trading regulations by a designated person of the company.
UPDATE 1-Rugby-Ioane returns as much-changed Italy seek first win over England
Global Sport
03/07/2025
Story Text: Italy coach Gonzalo Quesada on Friday made six changes to his side ahead of their Six Nations clash with England at Twickenham on Sunday, with wing Monty Ioane returning from injury.
Ukraine's gas imports remain at low level despite Russian attack on gas production
rcom_energy
03/07/2025
Story Text: Ukrainian gas imports from Europe remained at relatively low levels on Friday despite a massive Russian missile attack on Ukrainian gas production overnight, data provided by the operator of the state-run gas transmission system showed.
UPDATE 1-Congo refugees pour into Burundi, conditions dire, says UN
top_news
03/07/2025
Story Text: Conflict in Congo has sent 63,000 refugees fleeing to neighbouring Burundi in its largest such influx in decades, with conditions dire at a crammed stadium camp and many stuck in fields outside, the U.N. said on Friday.
FOREX-US dollar stumbles after nonfarm payrolls data
south_east_asia_business_news
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen on Friday, after data showed the world's largest economy created fewer jobs than expected last month, suggesting that the Federal Reserve remained on track to cut interest rates multiple times this year.
UPDATE 6-Scores killed as Syrian forces seek to crush Alawite insurgency
top_news
03/07/2025
Story Text: Syrian security forces battled for a second day on Friday to crush a nascent insurgency by fighters from Bashar al-Assad's Alawite sect, with scores reported killed as the Islamist-led government faced the biggest challenge yet to its authority.
London air quality improves after expansion of levy on polluting cars, says report
uk_domestic
03/07/2025
Story Text: Toxic gas emissions in London fell by 27% following a 2023 expansion of the city's clean air zone, which imposes a levy on the most polluting vehicles, a report from the mayor's office said on Friday.
US STOCKS-Wall St edges higher after Fed chief's comments, but set for weekly loss
business_news
03/07/2025
Story Text: U.S. stocks edged higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the economy was in a good place.
CANADA STOCKS-TSX rallies but still posts biggest weekly decline in 2025
ca_canada
03/07/2025
Story Text: Canada's main stock index clawed back some of its weekly decline on Friday as higher oil prices boosted energy shares, with the market rallying despite domestic jobs data that undershot expectations and the latest U.S. tariff threat.
Story Text: Hong Kong stocks slipped on Friday but ended the week near their highest level in three years, as investors' enthusiasm towards artificial intelligence continued to fuel the market. China stocks fell on disappointing trade data.
CORRECTED-L&T bets on space exploration as India expands private rocket and satellite industry
top_india
03/07/2025
Story Text: The Indian industrial conglomerate Larsen & Toubro <LART.NS> said it is betting on aerospace as a potential growth engine, including launch vehicle and satellite manufacturing, as the country cuts reliance on imports https://www.reuters.com/technology/space/indias-space-regulator-launches-58-million-fund-boost-startups-cut-reliance-2025-02-19/ and boosts private participation.
South African rand flat after four straight days of gains; eyes on US payrolls data
business_news
03/07/2025
Story Text: South Africa's rand was little changed early on Friday as investors awaited U.S. non-farm payrolls data for dollar direction, after four consecutive days of gains for the local unit.
Bobsleigh-Thai teen Campeol inspired by Humphries while encouraging next generation
Global Sport
03/07/2025
Story Text: Agnese Campeol is drawing inspiration from her idol Kaillie Humphries in a bid to become the first bobsledder to represent Thailand at the Winter Olympics, while also inspiring the next generation herself, despite her tender years.
Motor racing-Ecclestone says his money is still on Max for fifth F1 title
Global Sport
03/07/2025
Story Text: Former F1 supremo Bernie Ecclestone says his money is still on Red Bull's Max Verstappen to win the Formula One championship this year for the fifth year in a row.
Gunmen kill dozens in Syrian Alawite town, sources and war monitor say
top_news
03/07/2025
Story Text: Gunmen killed at least two dozen male residents of an Alawite town in Syria's rural coastal region on Friday, two Alawite activists and a war monitor said, citing contacts in the region and video footage from the scene.
CERAWEEK-Top oil executives reckon with downturn even as Trump cheers them on
rcom_energy
03/07/2025
Story Text: The world's energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S. administration encourages them to pump more.
UN food agency seeks urgent funding to avoid aid cuts to Rohingya
south_east_asia_top_news
03/07/2025
Story Text: The U.N. World Food Programme (WFP) called on Friday for urgent funding for its Bangladesh operations, warning that a funding deficit would curb rations for the Rohingya in the world's largest refugee settlement.
UPDATE 1-Gunmen kill dozens in Syrian Alawite town, sources and war monitor say
top_news
03/07/2025
Story Text: Gunmen killed at least two dozen male residents of an Alawite town in Syria's rural coastal region on Friday, two Alawite activists and a war monitor said, citing contacts in the region and video footage from the scene.
FOREX-US dollar drifts near 4-month low amid growth concern; jobs data in spotlight
business
03/07/2025
Story Text: The U.S. dollar wallowed near a four-month low on Friday as ever-shifting tariff policies fanned uncertainty and increased concern about growth prospects for the world's largest economy, leaving investors grasping for jobs data due later in the day.
Soccer-Flick backs keeper Szczesny as key player for Barcelona
Global Sport
03/07/2025
Story Text: Barcelona coach Hansi Flick praised Polish goalkeeper Wojciech Szczesny's contribution to the team as the leaders prepare for the visit of mid-table Osasuna in LaLiga on Saturday.
UPDATE 2-UK house prices unexpectedly dip in February, Halifax data shows
uk_domestic
03/07/2025
Story Text: House prices in Britain unexpectedly fell in February as demand faded from buyers who were rushing to purchase homes before the end of tax incentives on March 31, mortgage lender Halifax said on Friday.
Cyclone Alfred downgraded as millions of Australians stay indoors
Global Environment
03/07/2025
Story Text: Ex-tropical cyclone Alfred, expected to hit the mainland of east Australia in the next few hours, was downgraded to a 'tropical low' on Saturday, but officials warn that the storm can still bring severe winds, rain and flooding.
Soccer-Everton's late date with Wolves will ruin manager Moyes' Saturday night routine
Global Sport
03/07/2025
Story Text: Everton face a later than usual kickoff in their Premier League game at Wolverhampton Wanderers this weekend, and manager David Moyes admitted on Friday that it will spoil his typical Saturday night plans of a bottle of wine.
FUNDVIEW-UTI Asset Management sees sweet spot in India's 2-3 year bonds versus 10-year
top_india
03/07/2025
Story Text: India's two- to three-year government bond yields are an attractive investment opportunity and UTI Asset Management Company is more bullish on this part of the curve versus the 10-year bond, an executive from the fund house said.
Soccer-Man City's Ake expected to miss up to 11 weeks after foot surgery, says Guardiola
Global Sport
03/07/2025
Story Text: Manchester City defender Nathan Ake is expected to miss up to 11 weeks after undergoing surgery to repair a foot fracture, yet another injury blow in City's underwhelming season.
INDIA STOCKS-Indian benchmarks set for muted start after 2 days of gains
top_india
03/07/2025
Story Text: Indian benchmarks may open little changed on Friday after two sessions of gains, but the sentiment will likely be downbeat, tracking other Asian stocks, ahead of the U.S. labour market data.
UPDATE 2-China's coal imports nudge up to record, but risks to outlook rise
south_east_asia_business_news
03/07/2025
Story Text: China's coal imports rose 2.1% year-on-year to a record high for the January-February period, official data showed on Friday, as arbitrage opportunities remained open, but risks grew for imports in the months ahead.
Skeleton-Briton Weston scorches Lake Placid to win second world championship
North American Sports
03/07/2025
Story Text: Briton Matt Weston picked up his second men's skeleton World Championships win in Lake Placid, on Friday, winning by 1.90 seconds - the second-largest margin in the competition's history.
UPDATE 1-Nigeria to receive leprosy drugs after a year-long delay
business_news
03/07/2025
Story Text: The World Health Organization says it will send leprosy drugs to Nigeria this weekend after resolving testing hold-ups that led to a year-long delay in thousands of patients, including children, getting the medicine they need to prevent disability.
Soccer-Newcastle dealt blow with defender Botman out for eight weeks
Global Sport
03/07/2025
Story Text: Newcastle United have suffered an injury blow after Dutch centre back Sven Botman was ruled out for eight weeks due to a knee problem, manager Eddie Howe said on Friday.
UPDATE 1-China's Evergrande Property Services eyes up to 37% decline in annual profit
south_east_asia_business_news
03/07/2025
Story Text: China's Evergrande Property Services Group <6666.HK> said on Friday it expects to record a decrease of up to 37% in its annual profit for the year ended December 31, 2024, due to legal expenses related to a deposit pledge nL4N3O60W7, among other reasons.
Soccer-Millwall keeper's ban raised to six games after Mateta horror injury
Global Sport
03/07/2025
Story Text: Millwall goalkeeper Liam Roberts has had his suspension for a high-footed challenge on Crystal Palace forward Jean-Philippe Mateta extended to six matches, the FA said on Friday.
UPDATE 1-India allows exports of broken rice to cut stockpiles
business
03/07/2025
Story Text: India allowed the export of 100% broken rice, the government said in a notification late on Friday, after inventories reached a record high at the start of February, nearly nine times the government's target.
UPDATE 1-India markets regulator to boost transparency, including on board conflicts, chair says
top_india
03/07/2025
Story Text: India's markets regulator will improve transparency in its functioning, including revealing any conflicts of interest of its board members, as a way to build trust, Chairperson Tuhin Kanta Pandey said on Friday.
Lloyds shifts skilled IT jobs from UK to India, FT reports
business
03/07/2025
Story Text: Lloyds Banking Group <LLOY.L> is hiring hundreds of IT engineers in India, while planning to cut hundreds of similar jobs in the UK, the Financial Times reported on Friday citing a person familiar with the plans.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
Cross-country skiing-Sweden win gold as Norway’s lead melts away in women’s relay
Global Sport
03/07/2025
Story Text: Sweden clinched gold in the women’s relay at the Nordic World Ski Championships on Friday as Norway squandered a massive lead before the final exchange and had to settle for silver.
WRAPUP 2-China's imports tumble as demand skids, trade war heats up
south_east_asia_business_news
03/07/2025
Story Text: China's imports unexpectedly shrank over the January-February period, while exports lost momentum, as escalating tariff pressures from the United States cast a shadow over the recovery in the world's second-largest economy.
Lloyds shifts skilled IT jobs from UK to India, FT reports
top_india
03/07/2025
Story Text: Lloyds Banking Group <LLOY.L> is hiring hundreds of IT engineers in India, while planning to cut hundreds of similar jobs in the UK, the Financial Times reported on Friday citing a person familiar with the plans.
EXCLUSIVE-Taiwan fears Beijing is taking independence crackdown overseas
south_east_asia_top_news
03/07/2025
Story Text: Taiwan's government is considering warning its citizens about risks of travelling to countries with strong ties to China, including Laos and Cambodia, because they could be caught up in Beijing's campaign against Taiwan independence supporters, according to a senior Taiwan official and an internal memo.
Nigeria to receive leprosy drugs after a year-long delay
top_news
03/07/2025
Story Text: The World Health Organization says it will send leprosy drugs to Nigeria this weekend after resolving testing hold-ups that contributed to a year-long delay in thousands of patients, including children, getting the medicine they need to prevent irreversible disability.
Toyota launches its cheapest smart EV in China, aims to up market share
south_east_asia_business_news
03/07/2025
Story Text: Japan's Toyota <7203.T> began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain share in the world's largest auto market.
UPDATE 1-India's IndusInd Bank CEO gets one-year extension, short of board's recommendation
business
03/07/2025
Story Text: Indian private lender IndusInd Bank <INBK.NS> said on Friday it had received approval from the country's central bank to reappoint Sumant Kathpalia as its chief executive officer and managing director for a period of one year.
US lawmakers press Chinese telecoms over ties to military, government
south_east_asia_top_news
03/07/2025
Story Text: The leaders of a U.S. House of Representatives panel have called on top Chinese telecom companies to detail any links to the Chinese military and government, citing national security concerns posed by the companies' U.S. presence.
Skeleton-Briton Weston scorches Lake Placid to win second world championship
Global Sport
03/07/2025
Story Text: Briton Matt Weston picked up his second men's skeleton World Championships win in Lake Placid, on Friday, winning by 1.90 seconds - the second-largest margin in the competition's history.
US STOCKS-Wall St retreats as cyclical stocks drag after jobs data; Powell in focus
business_news
03/07/2025
Story Text: Wall Street's main indexes gave up early gains and fell on Friday, dragged down by cyclical stocks after a key U.S. jobs report failed to soothe worries about a slowing economy, while investors awaited comments from Federal Reserve chair.
Democrat-led states join legal fight over Trump's mass firings of federal workers
world_at_work
03/07/2025
Story Text: New York’s attorney general and 19 others filed a lawsuit Thursday night against the Trump administration’s mass firings of some federal workers, the first entry of states into the legal fight over the president’s efforts to slash the bureaucracy.
UPDATE 1-Japan finance minister warns of action against FX volatility after yen rebounds
south_east_asia_business_news
03/07/2025
Story Text: Japanese Finance Minister Katsunobu Kato said on Friday that authorities would take appropriate action against excessive moves in the foreign exchange market, reiterating the warning after the yen's rise to five-month highs.
MIDEAST STOCKS-UAE stocks decline over tariff uncertainty
middle_east_top_news
03/07/2025
Story Text: Stock markets in United Arab Emirates closed lower on Friday, in line with global equities as the uncertainty around U.S. tariff policy creates nervousness among investors.
US lawmakers press Chinese telecoms over ties to military, government
south_east_asia_business_news
03/07/2025
Story Text: The leaders of a U.S. House of Representatives panel have called on top Chinese telecom companies to detail any links to the Chinese military and government, citing national security concerns posed by the companies' U.S. presence.
India New Issue-Summary of primary bond market deals reported on March 7
business
03/07/2025
Story Text: A summary of primary bond market deals in India as of 6:00 p.m. IST (1230 GMT) on March 7. Please note that the list includes deals reported by Reuters, and is not exhaustive.
INDIA RUPEE-Rupee slips; weaker dollar of little help amid importer hedging demand
top_india
03/07/2025
Story Text: The Indian rupee weakened slightly on Friday even as the dollar lingered near a four-month low against its major peers with traders saying that importers' hedging requirements and foreign banks' dollar purchases weighed on the local unit.
INDIA BONDS-Indian bond yields little changed as traders await US jobs data
business
03/07/2025
Story Text: Indian government bond yields ended largely unchanged on Friday, as investors stayed put before key U.S. economic data and commentary from Federal Reserve chief due later in the day.
Story Text: India imposed a 10% import duty on lentils, including 5% basic customs duty and 5% Agriculture Infrastructure & Development Cess (AIDC) with immediate effect, the government said in a notification late on Friday.
Japan's 10-year bond yield retreats from near 16-year high as investors unwind positions
south_east_asia_business_news
03/07/2025
Story Text: Japan's 10-year government bond (JGB) yield retreated from a 16-year high on Friday, while yields on super-long dated bonds tracked soaring German bund yields higher on Berlin's plans for a massive spending package nL5N3PO167.
UPDATE 1-Hedge funds give up half of 2025 gains in 'challenging' markets, says Goldman Sachs
U.S. MONEY
03/07/2025
Story Text: Hedge fund stock pickers and multi-strategy funds gave up around half their average yearly gains in Thursday's tech-driven equity selloff, a note by Goldman Sachs showed <GS.N>.
South Africa sells 275 million rand of inflation-linked bonds at auction
business_news
03/07/2025
Story Text: South Africa's government sold 275 million rand ($15.21 million) of its 2031 <ZAI2031=> and 2038 <ZAI2038=> inflation-linked bonds at auction, central bank data showed on Friday.
GRAPHIC-Inflows into global money market funds jump as US tariffs deepen economic fears
south_east_asia_business_news
03/07/2025
Story Text: Global money market funds witnessed a surge in inflows in the week through March 5 as investors sought safety following the United States' move to escalate its trade war nL2N3PN01K by slapping steep tariffs on imports from Canada, Mexico and China, fueling concerns about the potential impact on the global economy.
INDIA STOCKS-Indian benchmarks off to a muted start as tariff uncertainty persists
business
03/07/2025
Story Text: Indian benchmarks opened little changed on Friday after two sessions of gains, while other Asian stocks fell as U.S. tariff uncertainty continued to weigh on investor sentiment.
UPDATE 2-South Africa rejects 'megaphone diplomacy' as Trump backs funding cut
top_news
03/07/2025
Story Text: U.S. President Donald Trump said on Friday that his country is stopping all federal funding to South Africa, but South Africa responded by saying it would not engage in megaphone diplomacy .
WFP calls for urgent funding to prevent food aid halt in West, Central Africa
top_news
03/07/2025
Story Text: The United Nations World Food Programme said on Friday it would halt food and nutrition assistance to more than 2 million people in Nigeria and the Central Sahel region next month without urgent funding to bridge shortfalls.
FOREX-US dollar stumbles after nonfarm payrolls data
business
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen on Friday, after data showed the world's largest economy created fewer jobs than expected last month, suggesting that the Federal Reserve remained on track to cut interest rates multiple times this year.
FOREX-Euro eyes best week in 16 years as dollar softens ahead of jobs data
business
03/07/2025
Story Text: The euro was set for its best week in 16 years against the dollar on Friday, as Germany's game-changing fiscal reforms continue to attract buyers, while the greenback wallowed near a four-month low ahead of U.S. jobs data later in the day.
Urals freight rates to India rise to 12-month highs, sources say
rcom_energy
03/07/2025
Story Text: Freight rates for shipments of Russian Urals oil from the Baltic and Black Sea ports to India rose to their highest levels since March 2024 following U.S. sanctions on tankers involved in Moscow's energy exports, trading and shipping sources as well as Reuters calculations showed.
UK's Serica Energy in talks for possible combination with EnQuest
rcom_energy
03/07/2025
Story Text: UK's Serica Energy <SQZ.L> said on Friday that it was in talks regarding a possible combination with EnQuest <ENQ.L> as the London-listed duo targets increased scale and diversification.
UPDATE 1-Australia tells thousands to evacuate as tropical cyclone Alfred nears
Global Environment
03/07/2025
Story Text: Australia ordered thousands of people in its eastern regions to evacuate before Tropical Cyclone Alfred hits land on Saturday, as the storm brought heavy rain, huge waves and strong winds that cut off power, swamped beaches and shut airports.
UPDATE 5-South Korea court paves way for President Yoon's release from jail
south_east_asia_top_news
03/07/2025
Story Text: A South Korean court cancelled impeached President Yoon Suk Yeol's arrest warrant on Friday, potentially paving the way for his release from jail while he faces trial on insurrection charges over a brief imposition of martial law.
Pakistan nearing $4.4 billion loan to ease power sector debt
south_east_asia_top_news
03/07/2025
Story Text: Pakistan's government is negotiating a 1.25 trillion Pakistani rupee ($4.47 billion) loan with commercial banks to reduce its bulging energy sector debt, the power minister and banking association said.
Olympics-IOC confident of Trump support for LA 2028 Olympics, says Bach
North American Sports
03/07/2025
Story Text: United States President Donald Trump has been a long-time supporter and promoter of the Los Angeles 2028 Olympics and the International Olympic Committee is confident of his continued support, outgoing IOC President Thomas Bach said on Friday.
South African rand flat after four straight days of gains; eyes on US payrolls data
top_news
03/07/2025
Story Text: South Africa's rand was little changed early on Friday as investors awaited U.S. non-farm payrolls data for dollar direction, after four consecutive days of gains for the local unit.
Mali partially lifts suspension on issuance of mining permits
top_news
03/07/2025
Story Text: Mali will partially lift a 2022 suspension on the issuance of mining permits on March 15, the mines ministry said in a statement on Friday.
Soccer-PSG's Luis Enrique wary of Rennes' new manager bounce
Global Sport
03/07/2025
Story Text: Paris St Germain boss Luis Enrique has praised counterpart Habib Beye's impact at Stade Rennais, saying he expected a stern test when the runaway Ligue 1 leaders visit Roazhon Park on Saturday.
Russia's seaborne fuel oil exports fall in February, data shows
rcom_energy
03/07/2025
Story Text: Russia's seaborne fuel oil and vacuum gasoil exports dropped 15% in February from the previous month to around 3.3 million metric tons due to lower production, stormy weather, delayed loadings and drone attacks, trade and shipping data showed.
EXPLAINER-Gas pipeline Nord Stream's long way back to Europe
rcom_energy
03/07/2025
Story Text: A push by the United States to end nL5N3PQ0KS the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.
UPDATE 4-'Major powers should not bully the weak', China foreign minister says
south_east_asia_top_news
03/07/2025
Story Text: Beijing will resolutely counter U.S. pressure on tariffs and the fentanyl issue, China's foreign minister said on Friday, adding that major powers should not bully the weak , in a veiled swipe at the Trump administration's foreign policy.
US STOCKS SNAPSHOT-Futures move higher after February nonfarm payrolls data
business
03/07/2025
Story Text: U.S. stock index futures moved higher on Friday as investors assessed a nonfarm payrolls report for February to gauge the health of the world's largest economy.
UPDATE 1-US natural gas prices climb on cold weather, supply concerns ahead of summer
rcom_energy
03/07/2025
Story Text: U.S. natural gas prices rose on Friday, setting their best weekly performance in two months, as colder-than-usual weather fueled concerns over supply replenishment ahead of summer when demand typically increases for power generation to run air conditioners.
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
rcom_energy
03/07/2025
Story Text: The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) <CLc1> narrowed on Friday to end what has been a week of uncertainty in oil markets due to the fluctuating trade policy in the U.S.
Story Text: Novak Djokovic said he has recovered from the hamstring injury that forced him out of the Australian Open semi-finals and confirmed he will play the 'Sunshine Double' at Indian Wells and Miami for the first time since 2019.
UPDATE 4-'Major powers should not bully the weak', China foreign minister says
south_east_asia_business_news
03/07/2025
Story Text: Beijing will resolutely counter U.S. pressure on tariffs and the fentanyl issue, China's foreign minister said on Friday, adding that major powers should not bully the weak , in a veiled swipe at the Trump administration's foreign policy.
Story Text: To access a PDF version of this newsletter, please click here https://share.lseg.com/assets/newsletters/Morning_News_Call/MNCGeneric_CA_07032025.pdf
UPDATE 2-Nissan board to discuss potential CEO successors at March 11 meeting, sources say
south_east_asia_business_news
03/07/2025
Story Text: Directors of Japan's third-largest automaker Nissan <7201.T> will discuss potential successors to CEO Makoto Uchida at a meeting on March 11, as his position has become untenable given the worsening performance of the company, three people familiar with the matter said.
INDIA STOCKS-Reliance, metal stocks power India's Nifty 50 to its best week in three months
business
03/07/2025
Story Text: India's benchmark index Nifty 50 logged its best week in three months, led by heavyweight Reliance Industries and metal stocks, as losses in the past three weeks triggered bargain buying.
US STOCKS-Futures inch up with payrolls data, Powell's remarks on tap
business
03/07/2025
Story Text: U.S. stock index futures edged up on Friday, ahead of a key jobs report and comments from Federal Reserve chair Jerome Powell, as investors keenly awaited clarity on the health of the world's largest economy amid turbulence triggered by tariff uncertainty.
UPDATE 6-Scores killed as Syrian forces seek to crush Alawite insurgency
middle_east_top_news
03/07/2025
Story Text: Syrian security forces battled for a second day on Friday to crush a nascent insurgency by fighters from Bashar al-Assad's Alawite sect, with scores reported killed as the Islamist-led government faced the biggest challenge yet to its authority.
UPDATE 1-Pakistan asks illegal foreigners, Afghan Citizen Card holders to leave by March 31
south_east_asia_top_news
03/07/2025
Story Text: Pakistan's interior ministry on Friday asked all illegal foreigners and Afghan Citizen Card holders to leave the country before March 31, warning they would otherwise be deported from April 1.
UPDATE 1-South Korea says number injured in fighter jet misfire rises to 29
south_east_asia_top_news
03/07/2025
Story Text: The number of people injured after South Korean fighter jets accidentally dropped bombs on a civilian area on Thursday increased to 15 civilians and 14 soldiers, the country's defence ministry said.
India New Issue-Summary of primary bond market deals reported on March 7
top_india
03/07/2025
Story Text: A summary of primary bond market deals in India as of 6:00 p.m. IST (1230 GMT) on March 7. Please note that the list includes deals reported by Reuters, and is not exhaustive.
UPDATE 1-Britain's Thames Water making plans for possible special administration, Bloomberg News reports
uk_domestic
03/07/2025
Story Text: Britain's Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, Bloomberg News reported on Friday, citing people familiar with the matter.
Mali partially lifts suspension on issuance of mining permits
business_news
03/07/2025
Story Text: Mali will partially lift a 2022 suspension on the issuance of mining permits on March 15, the mines ministry said in a statement on Friday.
UPDATE 1-Saudis welcome chance to host US-Ukraine talks in Jeddah next week
middle_east_top_news
03/07/2025
Story Text: Saudi Arabia welcomed on Friday the chance to host a meeting between the U.S. and Ukraine next week, its foreign ministry said, adding that the kingdom would continue to do its utmost to help end the Ukraine-Russia war https://www.reuters.com/world/ukraine-russia-war/.
CORRECTED-L&T bets on space exploration as India expands private rocket and satellite industry
business
03/07/2025
Story Text: The Indian industrial conglomerate Larsen & Toubro <LART.NS> said it is betting on aerospace as a potential growth engine, including launch vehicle and satellite manufacturing, as the country cuts reliance on imports https://www.reuters.com/technology/space/indias-space-regulator-launches-58-million-fund-boost-startups-cut-reliance-2025-02-19/ and boosts private participation.
Canada's Scotiabank CEO pay rises by 27% after strong year
ca_canada
03/07/2025
Story Text: Bank of Nova Scotia <BNS.TO> raised CEO Scott Thomson's salary by about 27% to C$9.76 million ($6.80 million) in 2024, according to a proxy circular released by the Canadian lender on Friday.
EMERGING MARKETS-Stocks set for weekly gains amid US trade policy uncertainty
U.S. MONEY
03/07/2025
Story Text: Emerging market stocks were set for weekly gains on Friday, capping off a turbulent week for global markets marred by the confusion over U.S. trade policy, while most currencies were stable ahead of a crucial U.S. jobs report.
UPDATE 1-Thai headline inflation slows in February, stays within central bank's target
south_east_asia_business_news
03/07/2025
Story Text: Thailand's inflation rate in February slowed from the previous month, as expected, and remained inside the central bank's target range for a third straight month, commerce ministry data showed on Friday.
UPDATE 1-Taiwan Feb exports beat forecasts as chip demand jumps before feared Trump tariffs
south_east_asia_business_news
03/07/2025
Story Text: Taiwan's exports rose more than expected in February as demand for artificial intelligence related technologies got a boost from buyers trying to get ahead of new tariffs proposed by U.S. President Donald Trump.
EMERGING MARKETS-Asian currencies inch up amid Trump tariff policy confusion
south_east_asia_business_news
03/07/2025
Story Text: Most emerging Asian currencies ticked higher on Friday while stocks were mixed, as U.S. President Donald Trump's fast-changing tariff policy fuelled investor uncertainty in a turbulent week.
INDIA BONDS-India bond yields seen little changed with eyes on US data
business
03/07/2025
Story Text: Indian government bond yields are expected to be largely flat in early deals on Friday, as market participants await U.S. economic data to gauge the Federal Reserve's interest rate trajectory, which could also have an impact on local rate cycle.
China's Evergrande Property Services expects up to 37% decline in annual profit
south_east_asia_business_news
03/07/2025
Story Text: China's Evergrande Property Services Group <6666.HK> said on Friday that it expects to record a decrease in its annual profit for the year ended December 31, 2024, as it incurred legal expenses in relation to the 13.4 billion yuan ($1.85 billion) deposit pledge nL4N3O60W7, among others.
UPDATE 3-Tennis-Fonseca delivers on Indian Wells debut, Kyrgios exits with injury
North American Sports
03/07/2025
Story Text: Highly touted Brazilian teenager Joao Fonseca rallied from a break down in the third set to beat Britain's Jacob Fearnley 6-2 1-6 6-3 on his Indian Wells debut on Thursday while Nick Kyrgios was in tears as he retired injured from his first-round match.
INSTANT VIEW-Feb payrolls growth picks up, along with jobless rate
business_news
03/07/2025
Story Text: U.S. job growth picked up in February and the unemployment rate edged up to 4.1%, but growing uncertainty over trade policy and deep federal government spending cuts could erode the labor market's resilience in the months ahead.
Couche-Tard explores sale of US stores in case of deal with Seven & i
south_east_asia_business_news
03/07/2025
Story Text: Canada's Alimentation Couche-Tard (ACT) said it is having exploratory talks with third parties about a potential sale of U.S. stores, which would help it gain regulatory approval should it reach a deal to take over Japan's Seven & i Holdings <3382.T>.
UPDATE 1-India's foreign exchange reserves come off two-month highs
top_india
03/07/2025
Story Text: India's foreign exchange reserves <INFXR=ECI> fell $1.8 billion to $638.7 billion as of February 28, coming off two-month highs in the previous week, data released by the central bank on Friday showed.
UPDATE 2-US ends collective bargaining for 50,000 TSA officers
Sustainable Business
03/07/2025
Story Text: The Trump administration said Friday it is ending collective bargaining for about 50,000 Transportation Security Administration officers that staff checkpoints at U.S. airports and other transportation hubs.
EMERGING MARKETS-Stocks set for weekly gains amid US trade policy uncertainty
south_east_asia_business_news
03/07/2025
Story Text: Emerging market stocks were set for weekly gains on Friday, capping off a turbulent week for global markets marred by the confusion over U.S. trade policy, while most currencies were stable ahead of a crucial U.S. jobs report.
EMERGING MARKETS-Asian currencies inch up amid Trump tariff policy confusion
south_east_asia_business_news
03/07/2025
Story Text: Most emerging Asian currencies ticked higher on Friday while stocks were mixed, as U.S. President Donald Trump's fast-changing tariff policy fuelled investor uncertainty in a turbulent week.
India's IndusInd Bank gets central bank's nod for re-naming Sumant Kathpalia CEO, MD
business
03/07/2025
Story Text: India's IndusInd Bank <INBK.NS> received approval from the country's central bank to reappoint Sumant Kathpalia as its chief executive officer and managing director for a period of one year, the lender said on Friday.
UPDATE 1-India's market regulator warns Nestle over breach of insider trading regulations
business
03/07/2025
Story Text: Nestle India <NEST.NS> said on Friday it received a warning from the country's markets regulator for a breach of insider trading regulations by a designated person of the company .
INDIA RUPEE-Rupee battles weak risk, failure at psychological level
business
03/07/2025
Story Text: The Indian rupee could face downward pressure on Friday on heightened risk aversion stemming from U.S. tariff uncertainty, compounded by its failure to breach a key level.
MIDEAST STOCKS-UAE stocks decline over tariff uncertainty
business_news
03/07/2025
Story Text: Stock markets in United Arab Emirates closed lower on Friday, in line with global equities as the uncertainty around U.S. tariff policy creates nervousness among investors.
Soccer-Chelsea's Palmer unfazed by goal drought, says Maresca
Global Sport
03/07/2025
Story Text: Cole Palmer's dry spell in front of goal has not had an adverse effect on the Chelsea attacking midfielder's mood, manager Enzo Maresca said ahead of a Premier League meeting with Leicester City.
Pakistan nearing $4.4 billion loan to ease power sector debt
south_east_asia_business_news
03/07/2025
Story Text: Pakistan's government is negotiating a 1.25 trillion Pakistani rupee ($4.47 billion) loan with commercial banks to reduce its bulging energy sector debt, the power minister and banking association said.
Global carbon offset standard approves three clean cookstove methods
Global Environment
03/07/2025
Story Text: A global standard setter for voluntary carbon projects has approved three new methods for projects that reduce emissions by switching to cleaner fuels used in domestic cookstoves, hoping to boost buyer confidence in the credits they generate.
UPDATE 1-IOM says over 180 people missing after migrant boats capsize off Yemen
top_news
03/07/2025
Story Text: More than 180 migrants are missing and feared dead after two boats they were travelling in capsized in rough seas off Yemen on Thursday, the International Organisation for Migration said.
India New Issue-PFC to issue multiple tenor bonds, bankers say
top_india
03/07/2025
Story Text: India's Power Finance Corp <PWFC.NS> plans to raise 80 billion rupees ($920 million) through sale of multiple maturity bonds, three bankers said on Friday.
UPDATE 3-Tennis-Fonseca delivers on Indian Wells debut, Kyrgios exits with injury
Global Sport
03/07/2025
Story Text: Highly touted Brazilian teenager Joao Fonseca rallied from a break down in the third set to beat Britain's Jacob Fearnley 6-2 1-6 6-3 on his Indian Wells debut on Thursday while Nick Kyrgios was in tears as he retired injured from his first-round match.
Inflation risks may stir BOJ discussion of rate hike in May, sources say
south_east_asia_business_news
03/07/2025
Story Text: Inflationary pressure from wage gains and prolonged rises in food costs could prompt Bank of Japan board members to discuss another interest rate hike as soon as in May, said three sources familiar with its thinking.
FTSE 100 set for worst week this year amid tariff whiplash
uk_domestic
03/07/2025
Story Text: UK shares dropped on Friday, with both the blue-chip and midcap indexes set for weekly declines, as growing uncertainty around U.S. trade policy kept investors cautious on equities.
Soccer-Liverpool braced for three finals as Slot calls for Anfield noise
Global Sport
03/07/2025
Story Text: Liverpool manager Arne Slot said he was looking forward to three finals, starting with Saturday's Premier League match at home to bottom side Southampton, and hoped Anfield would be at its loudest as his side look to stretch their lead at the top.
CORRECTED-CANADA STOCKS-TSX opens lower, set for worst week in nearly 18 months
ca_canada
03/07/2025
Story Text: Canada's main stock index slipped on Friday as investors parsed domestic and U.S. employment data, putting the benchmark on track for its biggest weekly fall in nearly 18 months.
ANALYSIS-Germany's climate activists on edge as parties shape coalition agenda
Global Environment
03/07/2025
Story Text: Climate activists fear the worst when Germany's conservatives and Social Democrats begin to thrash out a joint climate policy for their future coalition government.
WRAPUP 2-China's imports tumble as demand skids, trade war heats up
south_east_asia_top_news
03/07/2025
Story Text: China's imports unexpectedly shrank over the January-February period, while exports lost momentum, as escalating tariff pressures from the United States cast a shadow over the recovery in the world's second-largest economy.
UPDATE 1-India's market regulator warns Nestle over breach of insider trading regulations
top_india
03/07/2025
Story Text: Nestle India <NEST.NS> said on Friday it received a warning from the country's markets regulator for a breach of insider trading regulations by a designated person of the company .
India New Issue-Aditya Birla Housing Finance to issue over 3-year bonds, bankers say
top_india
03/07/2025
Story Text: India's Aditya Birla Housing Finance plans to raise 15 billion rupees ($172 million) including a greenshoe option of 12.50 billion rupees, through a sale of bonds maturing in three years and five months, three bankers said on Friday.
India New Issue-Edel Finance accepts bids for 3-year bonds, bankers say
business
03/07/2025
Story Text: India's Edel Finance has accepted bids worth 5 billion rupees ($57.5 million) for bonds maturing in three years, three bankers said on Friday.
Syria's frozen OIC membership re-activated after almost 13 years, Turkish source says
middle_east_top_news
03/07/2025
Story Text: Syria's membership in the Organisation of Islamic Cooperation (OIC), frozen since 2012, was re-activated during a meeting of the 57-member group in Jeddah on Friday, a Turkish diplomatic source said.
INDIA STOCKS-Indian benchmarks slip as US tariff concerns persist
business
03/07/2025
Story Text: Indian shares inched lower in early trading on Friday, dragged down by information technology companies, as investors remained worried about U.S. tariffs.
Story Text: Hong Kong stocks rose on Friday, on track to end the week at their highest level in three years, as investors' enthusiasm towards artificial intelligence continued to fuel the market. China stocks were roughly flat for the week. ** Hong Kong benchmark Hang Seng <.HSI> was up 0.6% by the lunch break, hitting the highest level since February 2022. China's blue-chip CSI300 Index <.CSI300> edged down 0.1% and the Shanghai Composite Index <.SSEC> was flat.
Indian firms ramp up long-term FX hedges on rupee swings, cheaper costs
business
03/07/2025
Story Text: A rise in the Indian rupee's volatility, coupled with a decline in the cost of protecting against currency weakness has prompted firms to increase longer-tenor hedges to shield their balance sheets.
Japan ready to declare end to deflation, economy minister says
south_east_asia_business_news
03/07/2025
Story Text: Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.
INDIA RUPEE-Rupee slips; weaker dollar of little help amid importer hedging demand
business
03/07/2025
Story Text: The Indian rupee weakened slightly on Friday even as the dollar lingered near a four-month low against its major peers with traders saying that importers' hedging requirements and foreign banks' dollar purchases weighed on the local unit.
Britain's Thames Water making plans for possible special administration, Bloomberg News reports
uk_domestic
03/07/2025
Story Text: Britain's Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, Bloomberg News reported on Friday, citing people familiar with the matter.
FEATURE-Spain's lithium mining bid promises jobs, but for whom?
Global Environment
03/07/2025
Story Text: On a sunny winter's day in the valley of Valdeflores, southwest Spain, Gonzalo Palomo filled his truck with freshly harvested green Cacereña olives.
UPDATE 1-UK court dismisses lawmakers' case against FCA over bank redress scheme
uk_domestic
03/07/2025
Story Text: London's High Court on Friday dismissed a legal challenge brought by British lawmakers against a financial watchdog over the scope of a 2.2 billion-pound ($2.8 billion) bank redress scheme related to interest rate hedging products.
Med crude-Urals diffs ease on firmer freight; Kazakhstan pledges to cut output
rcom_energy
03/07/2025
Story Text: Urals crude differentials to dated Brent eased on Friday on firmer freight rates from Russia's western ports to India, while Kazakhstan, which has frequently exceeded OPEC+ production quotas, pledged to cut output in March, April and May.
UPDATE 2-US mulling a ban on Chinese app DeepSeek from government devices, source says
south_east_asia_business_news
03/07/2025
Story Text: The Trump administration is weighing a ban on Chinese AI chatbot DeepSeek from U.S. government devices over national-security concerns, a person familiar with the matter said on Friday.
India New Issue-PFC to issue multiple tenor bonds, bankers say
rcom_energy
03/07/2025
Story Text: India's Power Finance Corp <PWFC.NS> plans to raise 80 billion rupees ($920 million) through sale of multiple maturity bonds, three bankers said on Friday.
UPDATE 1-British water companies fight off $1.9 billion lawsuits over sewage pollution
uk_domestic
03/07/2025
Story Text: Six British water companies on Friday defeated mass lawsuits valued at over 1.5 billion pounds ($1.9 billion) for allegedly under-reporting sewage discharges and overcharging millions of customers.
Sri Lanka clinches deal with Japan to restructure $2.5 billion in debt
south_east_asia_top_news
03/07/2025
Story Text: Sri Lanka and Japan signed agreements on Friday to restructure $2.5 billion worth of debt, completing two years of talks that will assist the island nation in getting back on its feet after a severe financial crisis.
UEFA loses bid to throw out Liverpool fans' lawsuit over 2022 Champions League final
Global Sport
03/07/2025
Story Text: European soccer's governing body UEFA on Friday lost its bid to throw out lawsuits brought by hundreds of Liverpool fans who attended the 2022 Champions League final in Paris for personal injuries allegedly caused by chaos outside the stadium.
UPDATE 1-British water companies fight off $1.9 billion lawsuits over sewage pollution
Sustainable Business
03/07/2025
Story Text: Six British water companies on Friday defeated mass lawsuits valued at over 1.5 billion pounds ($1.9 billion) for allegedly under-reporting sewage discharges and overcharging millions of customers.
Gas from Azerbaijan part of Ukraine transit talks, Slovakia's Fico says
rcom_energy
03/07/2025
Story Text: Slovak Prime Minister Robert Fico said on Friday the possibility of shipping Azerbaijani gas was part of discussions with the European Commission on restarting transit flows through Ukraine.
UPDATE 2-South Africa rejects 'megaphone diplomacy' as Trump backs funding cut
business_news
03/07/2025
Story Text: U.S. President Donald Trump said on Friday that his country is stopping all federal funding to South Africa, but South Africa responded by saying it would not engage in megaphone diplomacy .
US STOCKS-Wall Street rises on energy boost; jobs data, Powell in focus
business
03/07/2025
Story Text: Wall Street's main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report and awaited comments from Federal Reserve Chair Jerome Powell for clues on the health of the U.S. economy.
China will 'resolutely counter' US pressure on fentanyl, foreign minister says
south_east_asia_top_news
03/07/2025
Story Text: China warned on Friday it will resolutely counter pressure from the United States on the fentanyl issue, after Washington levied an additional 10% tariffs on Chinese imports this week.
Global carbon offset standard approves three clean cookstove methods
Sustainable Business
03/07/2025
Story Text: A global standard setter for voluntary carbon projects has approved three new methods for projects that reduce emissions by switching to cleaner fuels used in domestic cookstoves, hoping to boost buyer confidence in the credits they generate.
India New Issue-NABARD accepts bids for April 2030 bond reissue, bankers say
top_india
03/07/2025
Story Text: India's National Bank for Agriculture and Rural Development (NABARD) has accepted bids worth 70 billion rupees ($803 million) for the reissue of 7.40% April 2030 bonds, three bankers said on Friday.
FOREX-US dollar struggles near 4-month low amid growth concern; jobs data in spotlight
business
03/07/2025
Story Text: The U.S. dollar wallowed near a four-month low on Friday as ever-shifting tariff policies fanned uncertainty and increased concern about growth prospects for the world's largest economy, leaving investors grasping for jobs data due later in the day.
INDIA RUPEE-Rupee jumps as dollar weakness persists, logs best week in over 2 years
business
03/07/2025
Story Text: The Indian rupee ended stronger on Friday, posting its best weekly gain in over two years as the U.S. dollar declined sharply against major peers, which also helped lift the local unit's regional counterparts.
EMERGING MARKETS-Most Latam currencies steady after US jobs data, set to clock weekly gains
business_news
03/07/2025
Story Text: Most Latin American currencies were flat on Friday, as investors assessed a U.S. job report which hinted that the Federal Reserve remained on track to cut interest rates this year, capping off a choppy week marked by confusion over U.S. trade policy.
JGB yields track German peers to fresh 16-year peaks
south_east_asia_business_news
03/07/2025
Story Text: Japanese government bond yields extended their climb to fresh 16-year highs on Friday, tracking soaring German bund yields on Berlin's plans for a massive spending package nL5N3PO167.
UPDATE 1-Apple gets local content certificates in Indonesia, still needs more permits
south_east_asia_business_news
03/07/2025
Story Text: Indonesia has issued local content certificates for 20 Apple products, including the iPhone 16, an industry ministry spokesperson said on Friday, although the company still needs permits from other ministries before it can sell the phones.
INDIA STOCKS-Reliance, metal stocks power India's Nifty 50 to its best week in three months
business
03/07/2025
Story Text: India's benchmark index Nifty 50 logged its best week in three months, led by heavyweight Reliance Industries and metal stocks, as losses in the past three weeks triggered bargain buying.
UPDATE 2-UK Treasury weighs cutting funding to GB Energy, FT reports
rcom_energy
03/07/2025
Story Text: Britain's Treasury department is weighing cutting funding plans for state-backed power company GB Energy in a spending review slated for June, the Financial Times reported on Friday.
Olympics-Only boxers from recognised body would take part in LA 2028 Games, says Bach
North American Sports
03/07/2025
Story Text: Boxers whose national federations are not part of the global boxing body provisionally recognised by the International Olympic Committee could miss out on the Los Angeles 2028 Games if the sport is included, IOC chief Thomas Bach said on Friday.
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
ca_canada
03/07/2025
Story Text: The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) <CLc1> narrowed on Friday to end what has been a week of uncertainty in oil markets due to the fluctuating trade policy in the U.S.
US STOCKS-Futures tick up with payrolls data, Powell's remarks on tap
business_news
03/07/2025
Story Text: U.S. stock index futures edged up on Friday, ahead of a key jobs report and comments from Federal Reserve Chair Jerome Powell, as investors keenly awaited clarity on the health of the world's largest economy amid turbulence triggered by tariff uncertainty.
Soccer-Chelsea's Maresca shifts focus to Premier League's top-four race after Copenhagen win
Global Sport
03/07/2025
Story Text: Chelsea manager Enzo Maresca spent little time celebrating his team's 2-1 win at FC Copenhagen in the first leg of their Conference League round of 16 tie on Thursday and instead turned his focus back to the Premier League's top-four race.
EXCLUSIVE-Canada's RBC lays off some employees related to HSBC acquisition, sources say
ca_canada
03/07/2025
Story Text: Canada's largest lender Royal Bank of Canada <RY.TO> laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two sources with direct knowledge of the layoffs told Reuters. Some of the layoffs were at the technology and operations teams and began earlier this week, the sources said, requesting anonymity.
INDIA BONDS-India bond yields seen little changed with eyes on US data
top_india
03/07/2025
Story Text: Indian government bond yields are expected to be largely flat in early deals on Friday, as market participants await U.S. economic data to gauge the Federal Reserve's interest rate trajectory, which could also have an impact on local rate cycle.
US STOCKS-Wall St ends higher after Fed chief's comments, but posts big weekly loss
business_news
03/07/2025
Story Text: U.S. stocks finished higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the economy was in a good place, but uncertainty about U.S. trade policy led to Wall Street's biggest weekly decline in months.
FOREX-US dollar sags after weaker-than-expected jobs data, Fed's Powell comments
business_news
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen and fell versus most currencies on Friday after data showed the labor market in the world's largest economy slowed last month, creating fewer jobs than expected.
Story Text: Here are the top stories and upcoming coverage plans for Reuters text service as of 11 a.m. GMT/6 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning or on Media Express http://mediaexpress.reuters.com/planning-tools/calendar.
FOREX-US dollar falters after data shows slowing labor market
business_news
03/07/2025
Story Text: The U.S. dollar dropped to multi-month lows against the euro and yen on Friday after data showed the labor market in the world's largest economy slowed last month, creating fewer jobs than expected.
FOREX-US dollar struggles near 4-month low amid growth concern; jobs data in spotlight
business_news
03/07/2025
Story Text: The U.S. dollar wallowed near a four-month low on Friday as ever-shifting tariff policies fanned uncertainty and increased concern about growth prospects for the world's largest economy, leaving investors grasping for jobs data due later in the day.
Cricket-England Cricket apologises for 'ill-judged' papal Ashes repost
Global Sport
03/07/2025
Story Text: The England and Wales Cricket Board has apologised after its social media staff reposted a message from the account of Pope Francis and suggested the pontiff, who is in hospital being treated for double pneumonia, was a fan of the Ashes series.
US STOCKS-Wall St cuts losses as investors assess Powell's comments
business
03/07/2025
Story Text: Wall Street's main indexes traded off session lows on Friday as investors assessed comments from Fed Chair Jerome Powell amid economic uncertainty fanned by the Trump administration's tariff policies.
RPT-ASIA RICE-India rates hit lowest since June 2023, Vietnam sees demand pick up
south_east_asia_business_news
03/07/2025
Story Text: Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand.
Ukraine's Zelenskiy to visit South Africa for talks in April
top_news
03/07/2025
Story Text: Ukraine's President Volodymyr Zelenskiy will hold talks in South Africa with President Cyril Ramaphosa on April 10, Ramaphosa's spokesman said on Friday, as the Ukrainian leader tries to shore up international support after the U.S. halted all military aid https://www.reuters.com/world/europe/trump-halts-all-us-military-aid-ukraine-white-house-official-says-2025-03-04/.
US STOCKS-Futures tick up with payrolls data, Powell's remarks on tap
business
03/07/2025
Story Text: U.S. stock index futures edged up on Friday, ahead of a key jobs report and comments from Federal Reserve Chair Jerome Powell, as investors keenly awaited clarity on the health of the world's largest economy amid turbulence triggered by tariff uncertainty.
Sport-Australia, US, Britain and NZ join forces in women's health initiative
North American Sports
03/07/2025
Story Text: Sports scientists from Australia, the U.S., Britain and New Zealand have formed a partnership focused on helping female athletes fulfil their potential by providing access to research and best-practice information, the Australian Sports Commission (ASC) said on Friday.
NEWSMAKER-Mark Carney, crisis-fighting central banker, hopes to lead Canada through trade war
ca_canada
03/07/2025
Story Text: Mark Carney, the front-runner to become Canada's new prime minister, is a two-time central banker and crisis fighter who may soon face his biggest challenge of all: steering Canada through Donald Trump's tariffs https://www.reuters.com/world/americas/trump-says-us-on-time-with-tariffs-canada-mexico-2025-02-24/.
UPDATE 1-India markets regulator to boost transparency, including on board conflicts, chair says
business
03/07/2025
Story Text: India's markets regulator will improve transparency in its functioning, including revealing any conflicts of interest of its board members, as a way to build trust, Chairperson Tuhin Kanta Pandey said on Friday.