1. Major Gulf markets ease on global trade war concerns
REUTERS @2025-03-10 04:58:49-04:00
Major stock markets in the Gulf fell in early trade on Monday as U.S. import tariffs sparked concerns over global economic growth, causing investors to shy away from riskier assets.
2. Fitch assigns negative outlook to India's Adani Energy on US probe risks
REUTERS @2025-03-10 04:37:15-04:00
Fitch Ratings has assigned a negative outlook to Indian energy infrastructure company Adani Energy Solutions Limited , citing concerns over corporate governance and potential risks from ongoing U.S. investigations.
3. European shares kick start the week flat amid US tariff fears
REUTERS @2025-03-10 04:24:17-04:00
European shares were flat on Monday as investors took a breather after a week of high volatility due to uncertainties around U.S. tariffs.
4. Thales Alenia Space receives satellite order from Japan's SKY Perfect JSAT
REUTERS @2025-03-10 04:18:40-04:00
Thales Alenia Space (TAS) has received an order from Asia’s largest satellite operator SKY Perfect JSAT Corporation to build its JSAT-32 geostationary communications satellite, the joint venture between France's Thales and Italy's Leonardo said on Monday.
5. In deflation-hit China, one store holds flash sales four times a day
REUTERS @2025-03-10 04:17:04-04:00
Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale, until he finally sold a cotton jacket and a woman's undershirt.
6. China's car sales rise 1.3% in first two months of 2025
REUTERS @2025-03-10 04:12:18-04:00
China's car sales inched up 1.3% in the first two months of 2025 from the same period a year earlier, as an expanded customer subsidy programme spurred auto demand while a new smart electric vehicle price war unfolds.
7. Airport strike to all but freeze German air travel on Monday
REUTERS @2025-03-10 04:09:01-04:00
More than half a million people are facing travel disruption at German airports on Monday where a 24-hour strike has led to thousands of flight cancellations in a dispute about workers' pay.
8. Macro hedge fund EDL Capital returns nearly 17% so far in 2025, says source
REUTERS @2025-03-10 04:03:59-04:00
Hedge fund EDL Capital, which trades assets like currencies and bonds based on global macro economic outlooks, has returned nearly 17% so far in 2025 to March 7.
9. UK employers slow hiring, pay growth cools, survey shows
REUTERS @2025-03-10 03:54:43-04:00
Britain's jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that underscores firms' concerns about higher employment costs and a soft economy.
10. China's Full Truck Alliance eyes Hong Kong listing, strong 2025 growth, says executive
REUTERS @2025-03-10 03:54:01-04:00
Full Truck Alliance (FTA) , China's "Uber for trucks", could revisit plans for a second listing in Hong Kong in the wake of a rebound in investor sentiment and an escalation in Sino-U.S. geopolitical tensions, a company executive said.
