Komatsu forecasts 27% profit drop for FY 2025 due to strong yen, U.S. tariffs; plans 100B yen buyback after FY 2024 profits beat estimates.
Ex-South Korean President Moon Jae-in was indicted for bribery over his son-in-law's job at a Thai airline, linked to a former lawmaker's appointment.
Japanese investors bought ¥223.7B in foreign bonds after 6 weeks of selling. U.S. tariffs, rising yields, and safe-haven demand shift flows back to Japan.
Treasury Sec. Bessent sees a "big deal" chance with China on trade, backs IMF/World Bank reform. Trump may cut 145% China tariffs to 50–65%, still very high.
Brazil's central bank will start daily currency swap auctions on April 28 to fully roll over $18.4B in contracts expiring June 2, continuing as needed.
IMF cuts global growth forecast to 2.8% for 2025, citing U.S. tariffs at 100-year highs; warns trade tensions and inflation will slow recovery further.
U.S. to impose tariffs up to 3,521% on solar panels from Cambodia, Thailand, Malaysia, and Vietnam over claims of unfair Chinese subsidies and market dumping.
JPMorgan Chase is suing customers who allegedly stole funds in last year's "infinite money glitch," now targeting amounts under $75,000 in state courts.
Ford is recalling over 148,000 U.S. vehicles, including 2017–18 F-150s, Expeditions, and Navigators, due to a fluid leak that may reduce braking performance.
UniCredit says Italy's conditions for approving its Banco BPM bid may affect its ability to make sound decisions and won't proceed unless concerns are resolved.
Twelve U.S. states sued Trump over tariffs, claiming he bypassed Congress and misused emergency powers. The White House called it a political "witch hunt."
Volvo Cars named Fredrik Hansson as CFO, replacing Johan Ekdahl. The move follows CEO Samuelsson's return amid market uncertainty and tariff pressures.
Nokia reported Q1 profit of €156M, missing forecasts by 36%. It warned of a €20–30M hit to Q2 profit due to U.S. tariffs.
AT&T beat Q1 subscriber estimates on strong demand for fiber and 5G bundles.
Trump, Bessent signal US-China tariff de-escalation; Trump says 145% tariffs "will come down." Stocks rise on hopes for trade war off-ramp.
EU regulators fined Apple and Meta a combined €700M ($877M) for breaking new antitrust laws—marking the first penalties under rules targeting Big Tech's dominance.
Tesla misses Q1 estimates with EPS at $0.27, revenue $19.34B. Auto sales drop 20%. Cybercab teased for 2026. Brand damage, Musk's politics raise concerns.
Swiss officials head to D.C. seeking U.S. tariff relief after Roche pledged a $50B investment, following Novartis' similar move to boost U.S. ties.
UK government borrowing hit £16.4bn in March, £2.8bn more than last year, totaling nearly £15bn above forecast for the year—posing a challenge for the chancellor.
Oil prices rose as U.S. sanctions on Iran, falling crude stocks, and Trump's softer Fed stance boosted sentiment. Brent hit $67.99, WTI climbed to $64.21.
Mercedes-Benz urges EU to find fair solution for China-made EVs, warning tariffs are the "crudest instrument," CEO Källenius said at the Shanghai auto show.
Hyundai Steel held a call with investors to ease concerns after its $6B U.S. investment plan, announced in March, lacked clear funding details.
U.S. halts Equinor's Empire Wind project near New York, citing concerns over insufficient environmental review under Biden administration approval.
Japan's finance chief to meet U.S. counterpart in D.C., with yen in focus. Tokyo unlikely to agree to boost yen; talks to gauge U.S. stance, not act.