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EXCLUSIVE-Vietnam cranks up fight on imported counterfeits amid US tariff talks
Vietnam is hub for counterfeits trade, digital piracy, US saysInspections strengthened on Google, Mattel, J&J imported fakesFirms warned not to use fake software after industry complainedCounterfeits, piracy are part of US-Vietnam trade talks, source saysFakes still on display in 'notorious ...Reuters
Tue, May 13
COLUMN-Trade truce won't resurrect China's imports of US energy: Russell
By Clyde Russell LAUNCESTON, Australia, May 13 (Reuters) - The move by the United States and China to reduce import tariffs on each other and negotiate has been broadly welcomed by markets, but the de-escalation will do very little to restore the trade in energy commodities.The truce between the ...Reuters
Tue, May 13
Silver Price Forecast: XAG/USD rises to near $33.00 with developing bullish bias
Silver price (XAG/USD) is extending its gains for the fourth successive session, trading around $33.00 per troy ounce during the Asian hours on Tuesday. Technical analysis of the daily chart indicates a bullish outlook, as the precious metal continues to trade within an ascending channel pattern.
Fxstreet
Tue, May 13
Norway oil workers reach wage deal
OSLO, May 13 (Reuters) - Wage talks between Norwegian oil firms and two labour unions resulted in a deal on Tuesday, industry and union officials said.The Lederne union and Styrke both came to an agreement with companies, industry group Offshore Norway said, while a third union, Safe, will be encomp...Reuters
Tue, May 13
India proposes counter duties against US, notice to WTO shows
NEW DELHI, May 13 (Reuters) - India has told the World Trade Organisation (WTO) that it proposes to levy duties on some products made in the U.S. and shipped to India, to counter Washington's tariffs on steel and aluminium products produced in Asia's No.3 economy.Reuters
Tue, May 13
PRESS DIGEST - Wall Street Journal - May 13
May 13 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Amazon AMZN.O has partnered with FedEx FDX.N to deliver large packages, expanding its third-party delivery network, following UPS's deci...Reuters
Tue, May 13
GRAINS-Soybean futures stabilise on US-China trade war truce; wheat dips on USDA report
By Ella Cao and Lewis Jackson BEIJING, May 13 (Reuters) - Chicago soybean futures eased on Tuesday, after hitting a three-month high in the previous session following a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report.The most-active CBOT soybean con...Reuters
Tue, May 13
WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions
West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian hours on Tuesday. Despite this pullback, Oil prices remain underpinned by optimism following progress in the United States (US)-China trade negotiations.Fxstreet
Tue, May 13
Hong Kong's CK Hutchison assures legal compliance in ports deal
May 12 (Reuters) - Hong Kong's CK Hutchison 0001.HK said late on Monday that its closely monitored ports deal would strictly adhere to all required compliance standards and would never be executed illegally."This transaction would never be carried out under any illegal or non-compliant circu...Reuters
Tue, May 13
US House looks to hike work requirements for food aid
Republican plan would increase age limit for work requirements to 64 from 54States would take on some cost of SNAP benefits under House planAnti-hunger groups, Democratic governors warn of benefit cutsBy Leah Douglas WASHINGTON, May 12 (Reuters) - U.S. House lawmakers on Monday laid out a plan to...Reuters
Tue, May 13
Goldman Sachs Sees Downside Risk To TTF Prices In 2026/2027 Amid Us-China Tariff De-Escalation
May 13 (Reuters) - GOLDMAN SACHS:CONTINUES TO EXPECT SEQUENTIAL DOWNSIDE TO PRICES INTO 2026/2027, WHEN THEY FORECAST TTF TO AVERAGE $9.70/$6.55/MMBTUSAYS WHILE THE APRIL CHINA LNG IMPORT DATA POINT WAS STILL BELOW OUR EXPECTATIONS, TODAY’S ANNOUNCEMENT OF A SIGNIFICANT DE-ESCALATION OF US-CHINA TAR...Reuters
Tue, May 13
GRAINS-Soybean futures stabilise on US-China trade war truce; wheat dips on USDA report
BEIJING, May 13 (Reuters) - Chicago soybean futures eased on Tuesday, after hitting a three-month high in the previous session following a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report.Wheat fell, pressured by high U.S. and global ending stocks in th...Reuters
Tue, May 13
Gold Price Forecast: XAU/USD remains on the defensive amid positive signs from US-China trade talks
The Gold price (XAU/USD) edges lower to around $3,235 during the early Asian session on Tuesday. The precious metal remains on the defensive due to a stronger US Dollar (USD), higher US yields, and optimism on the US-China trade deal.Fxstreet
Tue, May 13
PRECIOUS-Gold steadies as traders gauge US-China tariff truce, await key US data
May 13 (Reuters) - Gold prices were steady on Tuesday as a U.S.-China agreement to pause tariffs for at least 90 days lifted risk appetite, diminishing bullion's safe-haven appeal, while investors awaited key U.S. inflation data for further economic cues.FUNDAMENTALS* Spot gold XAU= held its gro...Reuters
Tue, May 13
US House targets big climate, clean energy rollbacks in budget proposal
House plans to phase out clean energy tax creditsProposal targets Biden's Inflation Reduction Act climate measuresEnvironmental groups criticize cuts to clean energy investmentsBy Valerie Volcovici and Nichola Groom WASHINGTON, May 12 (Reuters) - U.S. House lawmakers laid out plans on Monday ...Reuters
Tue, May 13
Rubio discusses way forward on Ukraine ceasefire with European counterparts
May 12 (Reuters) - U.S. Secretary of State Marco Rubio discussed the "way forward for a ceasefire" in Ukraine with European counterparts, including the foreign ministers of Britain and France, and the EU's foreign policy chief, the State Department said on Monday.Ukraine's foreign mi...Reuters
Tue, May 13
