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Shippers rise amid Iran conflict, Suez Canal risks and China-US recovery
Shares in shipping groups rise in early trade as analysts flag upside risks to freight rates from Red Sea disruptions, Iran tensions and likely prolonged shift away from Suez Canal
Fri, Jun 13
Japan issues rare warnings on bond market in policy roadmap
TOKYO, June 13 (Reuters) - Japan's government issued rare warnings on rising government bond yields and the changing structure of debt ownership in its economic policy roadmap as the central bank gradually trims its presence in the market.
Fri, Jun 13
US oil companies surge as Israel-Iran conflict sends crude prices soaring
U.S.-listed shares of oil companies climb pre-market after oil prices jumped, hitting their highest price in almost five months as Israel struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies.
Fri, Jun 13
GLOBAL MARKETS-Stocks tumble, oil prices jump after Israel attacks Iran
LONDON, June 13 (Reuters) - World stock markets tumbled on Friday and oil prices surged as Israel launched a military strike on Iran, sparking a rush into safe havens such as gold, dollar and Swiss franc.
Fri, Jun 13
Sterling drops as Israel's strikes on Iran boost safe-haven dollar
LONDON, June 13 (Reuters) - The pound fell on Friday, in sync with other volatile currencies such as the Australian dollar, after Israel launched a flurry of strikes on Iran, sending investors scurrying into the relative safety of the dollar.
Fri, Jun 13
Japan's Nikkei falls on geopolitical worries as Israel attacks Iran
TOKYO, June 13 (Reuters) - Japan's Nikkei share average fell on Friday as investors sold riskier assets after Israel launched widescale strikes against Iran, stoking worries about geopolitical risks.
Fri, Jun 13
Apple's iPhone sales capture top spot in Chinese market in May, Counterpoint Research says
June 13 (Reuters) - Apple's AAPL.O iPhone sales rose to the top spot in China in May, with global sales growing 15% year-on-year during April and May in the tech giant's strongest performance for the two-month period since the COVID-19 pandemic, data from Counterpoint Research showed.
Fri, Jun 13
PRECIOUS-Gold hits nearly two-month high as Middle East tensions spur safe-haven demand
June 13 (Reuters) - Gold prices climbed on Friday to their highest levels in nearly two months, and were on track for a weekly gain, after Israeli military strikes on Iran drove investors toward safe-haven assets.
Fri, Jun 13
EXCLUSIVE-Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump's tariffs
NEW DELHI, June 13 (Reuters) - Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple's efforts to bypass high U.S. tariffs imposed on China.
Fri, Jun 13
[Reuters Analysis] Trump's 'peacemaker' pledge takes big hit as Israel strikes Iran
WASHINGTON, June 12 (Reuters) - On the campaign trail, U.S. President Donald Trump promised to end the world's hottest conflicts and usher in global peace, but nearly five months in, with Israel attacking Iran and bloodshed in Gaza and Ukraine unabated, those hopes are in shambles.
Fri, Jun 13
GRAINS-Soybeans rise on oil rally, still on track for weekly loss
BEIJING, June 13 (Reuters) - Chicago soybeans rose on Friday, buoyed by surging soyoil prices, but remain on track for a weekly loss amid uncertainty over U.S. biofuel mandates, weak exports, and ample global supplies.
Fri, Jun 13
Iron ore set for weekly loss as Trump's fresh tariffs on steel weigh
BEIJING, June 13 (Reuters) - Iron ore futures extended decline for a second consecutive session on Friday, set for a weekly loss, as U.S. President Donald Trump's plan to impose a 50% tariff to an additional range of "steel derivative products" weighed on sentiment.
Fri, Jun 13
METALS-Copper eases, aluminium up on fundamental support
SINGAPORE, June 13 (Reuters) - Copper prices edged lower on Friday as market optimism waned after the U.S.-China trade talks, while aluminium on the Shanghai Futures Exchange and London Metal Exchange rose on consistent support from lower stocks.
Fri, Jun 13
Gold heads for weekly gain as Middle East tensions spur safe-haven demand
June 13 (Reuters) - Gold prices climbed on Friday and were poised for a weekly gain, as Middle East tensions boosted demand for safe-haven assets, while a weaker dollar and expectations of imminent interest rate cuts by the Federal Reserve also supported bullion.
Fri, Jun 13
GLOBAL MARKETS-Stocks tick up but dollar hits 2025 low amid mixed macro signals
June 12 (Reuters) - The dollar hit a 2025 low on Thursday but Wall Street stocks continued their recent rally as traders weighed low inflation readings, rising Middle East tensions, and the fragility of a U.S.-China trade truce.
Fri, Jun 13
US STOCKS-S&P 500 ends higher as Oracle reignites AI rally; Boeing drops
June 12 (Reuters) - The S&P 500 ended higher on Thursday after a strong outlook from Oracle fueled optimism around artificial intelligence, offsetting worries about tension in the Middle East and a drop in Boeing shares.
Fri, Jun 13
Oil settles lower as traders gauge Middle East tensions
NEW YORK, June 12 (Reuters) - Oil prices settled slightly lower on Thursday as traders booked profits from a 4% rally in the prior session, driven by concerns that worsening tensions in the Middle East could cause supply disruptions.
Fri, Jun 13
Nvidia to stop including China in forecasts amid US chip export controls, CNN reports
June 12 (Reuters) - Nvidia NVDA.O will exclude the Chinese market from its revenue and profit forecasts following the imposition of tough U.S. restrictions on chip sales to China, CEO Jensen Huang told CNN on Thursday.
Fri, Jun 13
US FAA engaged with Boeing, GE in Air India crash investigation
June 12 (Reuters) - The Federal Aviation Administration is engaged with planemaker Boeing BA.N and engine manufacturer GE Aerospace GE.N to review information as part of the investigation into the crash of an Air India Boeing 787 Dreamliner.
Fri, Jun 13
AMD unveils AI server as OpenAI taps its newest chips
SAN JOSE, June 12 (Reuters) - Advanced Micro Devices AMD.O CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia's NVDA.O flagship offerings as OpenAI's CEO said the ChatGPT creator would adopt AMD's latest chips.
Fri, Jun 13
