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Japan factory activity returns to growth after 11-month contraction, PMI shows
TOKYO, June 23 (Reuters) - Japan's manufacturing activity returned to growth in June after nearly a year of contraction, but demand conditions remain murky due to worries over U.S. tariffs and the global economic outlook, a private-sector survey showed on Monday.Meanwhile, the service sector'...Reuters
Mon, Jun 23
Japan scraps US meeting after Washington demands more defense spending, FT reports
WASHINGTON, June 20 (Reuters) - Japan has canceled an annual high-level meeting with key ally the United States after the Trump administration demanded it spend more on defense, the Financial Times reported on Friday.Reuters
Mon, Jun 23
Tesla rolls out robotaxis in Texas test
Musk emphasizes safety, limits robotaxi operations to specific conditionsRepublican Texas governor signs bill regulating autonomous vehiclesLaw does not take effect until SeptemberAbout 10 cars carry invited riders in limited area, with no one behind wheelBy Norihiko Shirouzu and Abhirup Roy AUST...Reuters
Mon, Jun 23
Oil hits five-month high after US hits key Iranian nuclear sites
SINGAPORE, June 23 (Reuters) - Oil prices jumped on Monday to their highest since January as Washington's weekend move to join Israel in attacking Iran's nuclear facilities stoked supply worries. Brent crude futures LCOc1 rose $1.88 or 2.44% at $78.89 a barrel as of 1122 GMT. U.S. West Texa...Reuters
Mon, Jun 23
World awaits Iranian response after US hits nuclear sites
ISTANBUL/WASHINGTON/JERUSALEM, June 22 (Reuters) - The world braced on Sunday for Iran's response after the U.S. attacked key Iranian nuclear sites, joining Israel in the biggest Western military action against the Islamic Republic since its 1979 revolution.Reuters
Mon, Jun 23
WRAPUP 13-Iran says no to nuclear talks during conflict as UN urges restraint
LATEST DEVELOPMENTSPresident Trump sceptical of European talksIsrael's Foreign Minister Saar says Iran is 'not negotiating honestly'By Parisa Hafezi, Crispian Balmer and Jana Choukeir DUBAI/JERUSALEM/WASHINGTON, June 20 (Reuters) - Iran said on Friday it would not discuss the future ...Reuters
Fri, Jun 20
PRECIOUS-Gold poised for worst week in a month as US rate cut expectations ease
Gold down 2.5% so far this weekTrump to decide on US action in Israel-Iran war within two weeksGold likely to extend current consolidation phase, analyst saysBy Anushree Mukherjee June 20 (Reuters) - Gold prices fell on Friday and were poised for their worst weekly performance in more than a mont...Reuters
Fri, Jun 20
US equity funds see hefty outflows on Israel-Iran conflict
June 20 (Reuters) - U.S. equity funds logged the largest weekly outflow in three months in the week through June 18 as intensifying Israel-Iran tensions and persistent concerns over the economic impact of elevated U.S. tariffs drove investors to reduce risk exposure.According to LSEG Lipper data, inReuters
Fri, Jun 20
US Weighs Military Intervention in Israel-Iran Conflict? Trump Delays Decision for 2 Weeks, Potential Oil Price Surge Anticipated
TradingKey - On Thursday, 19th, the White House announced that President Trump would decide within two weeks whether to launch an attack on Iran. This follows Trump's indication of potential participation in Israel's airstrike operations, which has heightened investor concerns over the US becoming eTradingKey
Fri, Jun 20
U.S. Treasury Selloff Deepens Amid Australian Fund Withdrawal and Record Low Chinese Holdings
TradingKey - Amid growing apprehensions about the risks posed by Trump's tariff and tax strategies, major Australian institutional investors are dialing back their U.S. Treasury holdings.TradingKey
Fri, Jun 20
A U.S. Pro-Crypto 'WeChat' App? Elon Musk’s X Announces Plans to Launch Investment and Trading Services Soon
TradingKey - Long before acquiring the social media platform X (formerly Twitter), Tesla CEO Elon Musk repeatedly praised the all-in-one functionality of China's WeChat. Now, X is taking steps toward building a similar super-app by announcing that it will soon roll out investment and trading serviceTradingKey
Fri, Jun 20
EU’s €4.12B Record Fine Hits Google: Is Android Monopoly Crumbling?
TradingKey – On Thursday, Google suffered a setback in a major legal battle. A senior advisor to the European Union’s top court backed the EU antitrust regulator’s decision to fine Google €4.12 billion (approximately $4.74 billion). On June 18, Google (GOOGL) closed at $173.32, down 1.49%.
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Fri, Jun 20
POP MART’s Two-Day “Darkest Hour”: People’s Daily Slams Blind Boxes, Morgan Stanley Removes Stock List as Scalpers Get Stuck with Labubu
TradingKey - In just two days, POP MART (9992.HK), the global trendsetter behind the sought-after Labubu collectibles, has faced a series of setbacks. The company’s stock fell more than 5% for two consecutive days, retreating from recent record highs. Unannounced restocking caused the resale valueTradingKey
Fri, Jun 20
Japan core inflation hits 2-year high, keeps rate-hike bets alive
May core CPI rises 3.7% yr/yr vs forecast +3.6%Index excluding fresh food, fuel up 3.3% yr/yr in MayBoard divided on inflation outlook, some see risk of overshootBOJ report says slow rate hike could cause wage-price spiralGovernor Ueda reiterates BOJ's resolve to keep raising ratesBy Leika Kihar...Reuters
Fri, Jun 20
Retail Sales Plunge Unexpectedly — UK Economy Off to a Weak Start in Q2
TradingKey – Data released by the UK Office for National Statistics on Friday showed a sharp decline in retail sales. UK retail sales fell 2.7% month-on-month in May , far exceeding the market expectation of a modest -0.5% drop , and marking the biggest decline since December 2023.TradingKey
Fri, Jun 20
Morgan Stanley Updates "Humanoid 100" List – Game and Cybersecurity Firms Emerge as New Players
TradingKey - In its recent update to the "Humanoid 100" stock list, Morgan Stanley analysts have expanded the humanoid robot supply chain beyond traditional chipmakers and tech firms to include game developers and cybersecurity companies, which are expected to play key roles in data training and AI
SoftBank's Son pitches $1 trillion Arizona AI hub, Bloomberg News reports
June 20 (Reuters) - SoftBank Group 9984.T founder Masayoshi Son is envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News reported on Friday, citing people familiar with the matter.Son is seeking to team up with Taiwan Sem...Reuters
Fri, Jun 20
