Business

Samsung Electronics family to sell $1.2 billion stake amid share rally

Samsung Electronics family to sell $1.2 billion stake amid share rally

SEOUL (Reuters) -The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell some 1.73 trillion…

October 18, 2025

Trump says 100% tariffs on China not sustainable, still plans to meet Xi

By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said his proposed 100% tariff on goods from…

October 18, 2025

Sinopec diverts supertanker from US-sanctioned port, ship tracking data shows

(Corrects October 13 story to remove reference to Sublime China Information research note) By Florence Tan SINGAPORE (Reuters) -The latest…

October 18, 2025

Bessent, Chinese vice premier to meet to try to defuse US tariff hike

By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday he expects to…

October 18, 2025

Bessent, Chinese vice premier to meet to try to defuse US tariff hike

By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday he expects to…

October 18, 2025

US stocks to be tested by Tesla, Netflix earnings and delayed CPI report

By Lewis Krauskopf NEW YORK (Reuters) -Earnings reports next week, including from Tesla and Netflix, will provide a deeper look…

October 18, 2025

Exclusive-Activist HoldCo owns Eastern Bankshares stake, pushes for sale, sources say

By Svea Herbst-Bayliss BOSTON (Reuters) -Activist investor HoldCo Asset Management has built a sizable position in Eastern Bankshares and wants…

October 18, 2025

China sanctions on Hanwha threaten South Korea-US shipbuilding ties, officials say

By Hyunjoo Jin and Jack Kim SEOUL (Reuters) -China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact…

October 18, 2025

Wall Street ends higher as investors digest Trump trade comments

By Noel Randewich and Twesha Dikshit (Reuters) -Wall Street ended higher on Friday as investors assessed U.S. President Donald Trump's…

October 18, 2025

Bessent says US bought pesos again, currency slips

(Reuters) -The U.S. Treasury bought Argentine pesos in the spot and "Blue Chip Swap" markets on Thursday and it continues…

October 18, 2025