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South Korea's new President Lee vows to revive democracy from 'near demise'
Liberal leader sworn in, vows to revive democracy, economyEconomy is under siege from global protectionism, Lee saysLee wins 49.4% of votes in heavy turnoutElection called after Yoon ousted over martial lawWhite House calls South Korea election 'fair' By Hyunsu Yim and Ju-min Park SEOUL, ...
Reuters
Wed, Jun 4
U.S. April JOLTS Job Openings Unexpectedly Rise, Labor Market Recovery Still Uncertain
TradingKey – The U.S. labor market showed unexpected strength in April as the JOLTS job openings data came in higher than expected, offering some relief amid concerns over Trump’s escalated steel and aluminum tariffs. U.S. stock indexes rose on Tuesday. However, the report also highlighted ongoing..
TradingKey
Wed, Jun 4
Japan's Nikkei surges as trade optimism lifts tech; Toyota Industries plunges
TOKYO, June 4 (Reuters) - Japanese stocks climbed, snapping a three-day skid, after the yen weakened and glimmers of hope emerged for a trade deal that will reopen technology markets with China.
USD/JPY
Reuters
Wed, Jun 4
Australia's Mayne Pharma slides on US co's notice to scrap $432 mln deal
Mayne Pharma MYX.AX slides as much as 12.5% to A$4.14, lowest since November 21, 2024. Co gets purported notice to terminate $432 million acquisition offer from U.S.-based Cosette Pharmaceuticals. Says it intends to reject termination notice as invalid
Reuters
Wed, Jun 4
Japan bonds fall ahead of auction as concerns over deficits linger
TOKYO, June 4 (Reuters) - Japanese government bonds (JGB) fell on Wednesday ahead of an auction of long-dated debt at a time when markets are skittish about sovereign fiscal deficits.
Reuters
Wed, Jun 4
Trump's New Move in the Crypto Space! Social Media Platform to Launch Truth Social Bitcoin ETF
TradingKey - After announcing plans to raise more than $2 billion to purchase bitcoin, pro-crypto President Donald Trump has made another move into the cryptocurrency sector. On Tuesday (the 3rd), the New York Stock Exchange filed an application with the U.S. Securities and Exchange Commission (SEC)
Bitcoin
TradingKey
Wed, Jun 4
Kospi Index Rises Over 2% After Lee Jae-Myung Won South Korea Presidency
TradingKey - The candidate from South Korea's Democratic Party, Lee Jae-myung, has officially been confirmed as the winner of the 21st South Korean presidential election and will assume office immediately. Investors' confidence was boosted by Lee’s victory, as he seeks to end political turmoil and..
TradingKey
Wed, Jun 4
FOREX-Dollar edges down as trade tensions simmer ahead of jobs data
TOKYO, June 4 (Reuters) - The dollar drifted lower on Wednesday as the market looked ahead to U.S. employment data for immediate trading cues, while waiting on developments in President Donald Trump's tariff negotiations with key trading partners including China.
Reuters
Wed, Jun 4
Japan's service sector growth slows in May, PMI shows
TOKYO, June 4 (Reuters) - Growth in Japan's service-sector activity slowed in May on weaker demand, offering little to mitigate falling factory activity and resulting in a near-zero growth for business overall, a private sector survey showed on Wednesday.
Reuters
Wed, Jun 4
GRAINS-Wheat falls for second session on US crop prospects; corn slips
SINGAPORE, June 4 (Reuters) - Chicago wheat futures slid on Wednesday, with improved condition of the U.S. crop boosting supply prospects and putting pressure on prices.
Reuters
Wed, Jun 4
WTI extends upside above $62.50 geopolitical risks, supply fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the Asian trading hours on Tuesday. The WTI price extends the rally to two-week highs amid persistent geopolitical tensions and a weaker US Dollar (USD).
WTI
Fxstreet
Wed, Jun 4
Wind opponents sue Trump administration to block New York wind project
June 3 (Reuters) - Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration's decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York's coast.
Reuters
Tue, Jun 3
Bitcoin hoarder Strategy announces IPO plans, shares rise
Shares of Strategy MSTR.O, the largest corporate holder of bitcoin, rise 1.5% to $377.85 premarket
Strategy Inc
Reuters
Tue, Jun 3
Taiwan continues to 'communicate closely' on tariff talks with US
TAIPEI, June 3 (Reuters) - Taiwan continues to "communicate closely" with the United States on tariff talks, but cannot give more information at this point, the island's government said on Tuesday.Taiwan, a semiconductor powerhouse that runs a large trade surplus with the U.S., had been ...
Reuters
Tue, Jun 3
Broadcom ships latest networking chip to speed AI
SAN FRANCISCO, June 3 (Reuters) - Broadcom AVGO.O has begun to ship its latest networking chip that aims to speed AI, the company said on Tuesday.
Broadcom Inc
Reuters
Tue, Jun 3
US stock futures dip as investors await trade negotiations
June 3 (Reuters) - U.S. stock index futures slipped on Tuesday as investors awaited possible negotiations between the United States and its trading partners for more clarity on the tariff war that has roiled financial markets for months.
Reuters
Tue, Jun 3
Ahead of Robotaxi Debut, Tesla Proponent Cathie Wood Divests 50,000 Shares
TradingKey - Cathie Wood's ARK Invest, known for its strong support of Tesla, surprisingly reduced its holdings by 50,000 shares over three consecutive days last week, just before the anticipated launch of Tesla's Robotaxi.
ARK Innovation ETF
Tesla Inc
TradingKey
Tue, Jun 3
TSMC: Tariffs Are a Minor Bump—AI Is the Real Prize
On Tuesday, June 3, TSMC (TSM.US) CEO C.C. Wei told shareholders that while U.S. tariffs have had some impact on business, demand for AI remains robust and continues to outstrip supply.
Taiwan Semiconductor Manufacturing Co Ltd
TradingKey
Tue, Jun 3
Sterling tiptoes lower; 40-year gilt auction, BoE speakers in focus
LONDON, June 3 (Reuters) - The pound trod water on Tuesday, holding mostly steady against the dollar and the euro, ahead of a raft of Bank of England speakers and an auction of long-dated government bonds that may offer a gauge of investor confidence in Britain's finances.Sterling was last down ...
GBP/USD
Reuters
Tue, Jun 3
Robinhood's Ambition: Integrating Global Liquidity and Licensing Resources through Bitstamp
Tradingkey – Robinhood has completed the acquisition of cryptocurrency exchange Bitstamp for $200 million in cash, quickly securing operating licenses, liquidity resources, and an established institutional customer base across multiple global markets.
Robinhood Markets Inc
TradingKey
Tue, Jun 3
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