News
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Russia says it is ready to help remove excess nuclear material from Iran
MOSCOW, June 11 (Reuters) - Russia is ready to help remove excess nuclear material from Iran's territory to help the United States and Iran reach a deal, Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday, as quoted by the RIA Novosti news agency.Reuters
Wed, Jun 11
German nuclear fusion company Proxima raises 130 million euros of development funding
FRANKFURT, June 11 (Reuters) - Proxima Fusion, a Munich-based nuclear fusion technology company, said on Wednesday it has raised 130 million euros ($148.8 million) to help it move closer to its goal of developing a novel power plant.WHY DOES IT MATTER?Worldwide, dozens of initiatives are exploring n...Reuters
Wed, Jun 11
JL MAG Rare-Earth says it obtained export licenses for rare earth products to US, Europe
BEIJING, June 11 (Reuters) - Chinese rare earth permanent magnet producer JL MAG Rare-Earth 300748.SZ on Wednesday said it has obtained export licenses issued by Chinese authorities for exports of rare earth products to regions including the U.S., Europe and Southeast Asia.The company applied for ex...Reuters
Wed, Jun 11
Five nations and EU urge Trump not to impose new airplane tariffs
Countries warn of risk to supply chains, airplane outputUS holds $75 billion annual aerospace trade surplusUAW union backs tariffs after sharp drop in employmentBy David Shepardson WASHINGTON, June 10 (Reuters) - Five nations and the European Union, as well as airlines and aerospace firms worldwi...Reuters
Wed, Jun 11
TECHNICALS-CBOT soybeans may fall to $10.51-1/4
For more technical analyses, please click SINGAPORE, June 11 (Reuters) - The CBOT soybean July contract SN25 may fall to $10.51-1/4 per bushel, as it repeatedly failed to break resistance at $10.63.Identified as the 61.8% retracement of the downtrend from $10.82, the resistance serves as a pivotal ...Reuters
Wed, Jun 11
Australia's Resolution Minerals rises on acquisition of US antimony project
** Shares of Resolution Minerals RML.AX up 16.7% at A$0.021** Earlier in the day, stock hit its highest level since August 2024** Co says it will buy Horse Heaven Antimony-Gold-Silver-Tungsten Project located in Stibnite Mining District of Valley County, Idaho, U.S.** Co plans to raise A$1.9 million...Reuters
Wed, Jun 11
GRAINS-Soybeans hover near 2-week high on US-China trade talk hopes; wheat firms
US, China agree on framework to put trade truce back on trackImproved US crop ratings, bigger Russian crop to weigh on wheatBy Naveen Thukral SINGAPORE, June 11 (Reuters) - Chicago soybeans firmed on Wednesday, trading close to the two-week high touched in the previous session, as U.S. and Chines...Reuters
Wed, Jun 11
China, Mexico, EU, Japan, Canada urge Trump not to impose new airplane tariffs
WASHINGTON, June 10 (Reuters) - China, Mexico, the European Union, Japan, Canada and many airlines and aerospace companies worldwide urged the Trump administration not to impose new national security tariffs on imported commercial planes and parts, according to documents released Tuesday.Separately,...Reuters
Wed, Jun 11
PRESS DIGEST- Financial Times - June 11
June 11 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Rolls-Royce group wins government backing to build UK's first small modular nuclear reactors- Private capital group Blackstone plo...Reuters
Wed, Jun 11
WTI attracts some buyers above $63.50 on optimism around US-China trade talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the Asian trading hours on Wednesday. The WTI price edges higher as traders digest the result of trade talks between the United States and China.Fxstreet
Wed, Jun 11
METALS-London copper little changed, market awaits US-China trade talk details
By Hongmei Li SINGAPORE, June 11 (Reuters) - London copper prices were almost flat on Wednesday, with investors awaiting more details after the latest signs of progress in U.S.-China trade talks.U.S. and Chinese officials agreed on a framework to put their trade truce back on track and resolve Ch...Reuters
Wed, Jun 11
Oil prices down, markets assess US-China trade talks outcome
By Katya Golubkova TOKYO, June 11 (Reuters) - Oil prices fell in early trade on Wednesday as markets were assessing the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market. Brent cru...Reuters
Wed, Jun 11
GRAINS-Soybeans hover near 2-week high on US-China trade optimism; wheat firms
SINGAPORE, June 11 (Reuters) - Chicago soybeans eased on Wednesday, though the market traded not far from a two-week high touched in the previous session as U.S. and Chinese officials agreed on a framework to put their trade truce back on track.Reuters
Wed, Jun 11
US, Mexico close to deal that would cut steel tariffs, Bloomberg reports
June 10 (Reuters) - The United States and Mexico are close to a deal that would get rid of 50% tariffs that U.S. President Donald Trump has imposed on Mexican steel imports up to a certain volume, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters
Wed, Jun 11
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 11 (Reuters) - Contract Target Support/Resistance Brent oil $66.12/$65.77res $67.25/$67.68/$68.37Palm oil (3rd month)3,889/3,925 ringgitsup 3,845/3,818 ringgitWTI* $64.07/$63.05res $65.08/$66.34Spot gold$3,296res $3,337/$3,347/$3,362LME ...Reuters
Wed, Jun 11
