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Japan’s Nikkei surges 9% on relief after Trump pauses tariffs

Japan’s Nikkei surges 9% on relief after Trump pauses tariffs

TOKYO (Reuters) -Japan’s Nikkei share average jumped 9% on Thursday as investors scooped up beaten-down stocks after U.S. President Donald Trump declared an immediate 90-day tariff pause for many countries.The Nikkei rose 9.13% to 34,609 in its biggest daily gain since August 6, the day after the index fell in its biggest single-day rout since the 1987 Black Monday crash.The broader Topix climbe ...

2025-04-10 15:58:37
Nissan stock rallies as Foxconn flags Japan EV ambitions

Nissan stock rallies as Foxconn flags Japan EV ambitions

Investing.com-- Nissan Motor Co., Ltd. (TYO:7201) shares rose sharply in Japanese trade on Thursday after Taiwan’s Foxconn (SS:601138) said it was seeking partnerships with Japanese automakers, including Nissan (OTC:NSANY), to build and sell electric vehicles in the country. Nissan shares jumped 8.9% to 339.3 yen, tracking a broader rally in Japanese markets as they cheered a postpon ...

2025-04-10 15:56:30
Ackman’s Pershing Square Holdings fund drops nearly 14% so far this year

Ackman’s Pershing Square Holdings fund drops nearly 14% so far this year

By Svea Herbst-BaylissNEW YORK (Reuters) - Billionaire investor Bill Ackman’s Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told investors on Wednesday.The losses, through April 8, do not include gains seen on Wednesday, when markets surged after U.S. President Donald Trump paused most tariffs for 90 days. The losses, primarily incurred over the previous week, ...

2025-04-10 15:54:15
Vietjet signs $300 million finance deal, in talks to expand order with Boeing

Vietjet signs $300 million finance deal, in talks to expand order with Boeing

HANOI (Reuters) - Vietnamese budget carrier Vietjet said on Thursday it has signed an agreement worth $300 million with AV AirFinance, a partner of investment fund KKR, to fund the expansion of its fleet.Thursday’s announcement confirmed a Reuters report last week on the finance deal done between Vietjet and AV AirFinance during a visit to the U.S. by Deputy Prime Minister Ho Duc Phoc for recipr ...

2025-04-10 15:52:43