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INDIA STOCKS-Indian shares fall 1% on US fiscal jitters, rising Treasury yields
May 22 (Reuters) - India's benchmark indexes dropped about 1% in early trade on Thursday, as concerns over U.S. fiscal policy and elevated Treasury yields sapped global investor sentiment.
Reuters
Thu, May 22
Lenovo reports 64% profit decline in fiscal Q4
BEIJING, May 22 (Reuters) - China's Lenovo 0992.HK on Thursday reported a 64% decline in fourth-quarter profit, which it said was mostly due to a non-cash decline in the value of warrants.
Reuters
Thu, May 22
Bitcoin Sees $3 Billion Daily Growth in Realized Cap Amid Ongoing Accumulation
The broader cryptocurrency market has been on an upward trajectory over the past few weeks, partly driven by improving global macroeconomic conditions. Recent policy shifts between the United States and China, two of the world’s largest economies, have helped fuel investor sentiment.
NewsBTC
Thu, May 22
Sweeping Trump tax bill clears key hurdle with US House Republicans
Johnson predicts success after meeting with Trump and holdouts Bill would add $3.8 trillion to the U.S. debt Democrats argue bill favors wealthy, cuts social programsBy David Morgan and Bo Erickson WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump's massive tax and spending bill clea...
Reuters
Thu, May 22
"Trump Gala" Set to Begin Amid Growing Protests!
As the Trump Gala approaches, U.S. Democrats are organizing multiple protests in response.
TRON
TradingKey
Thu, May 22
Bitcoin New Milestone at $110,000, President Trump Posts to Celebrate!
Bitcoin’s price surged above $110,000, prompting President Trump to publicly celebrate the historic milestone.
Bitcoin
Gold
TradingKey
Thu, May 22
Japan finance minister says no discussion on Treasury holdings with Bessent
BANFF, Alberta, May 21 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Wednesday that he did not directly discuss his country's holdings of U.S. Treasuries during a bilateral meeting with U.S. Treasury Secretary Scott Bessent.Kato was speaking to reporters on the sidelines of the Gr...
Reuters
Thu, May 22
Nike set to raise prices next week, plans to sell on Amazon again
May 21 (Reuters) - Nike NKE.N is planning to raise prices of some products from next week and will sell items on Amazon AMZN.O after six years, the company said on Wednesday. The footwear retailer will increase prices on apparel and equipment for adults between $2 and $10, while those priced between
Nike Inc
Reuters
Thu, May 22
Tepid demand for US Treasury auction shows investor jitters about tax bill, deficit
May 21 (Reuters) - The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors worried about the country's increasing debt burden as Congress wrangles with a tax and spending bill that is expected to worsen the fiscal outlook.
Reuters
Thu, May 22
Stocks, dollar drop, yields gain; soft demand in 20-yr Treasury auction
NEW YORK, May 21 (Reuters) - Major stock indexes and the dollar fell on Wednesday as investors worried about a deteriorating U.S. fiscal outlook and Treasury yields climbed following a poorly received sale of 20-year U.S. bonds.
Reuters
Thu, May 22
Breaking: Bitcoin hits new all-time high, with BTC/USD crossing above $109,400
Bitcoin (BTC) stretched its rally to 3.5% in the past 24 hours, sending the BTC/USD pair to a new all-time high above $109,400 on Wednesday. Although the BTC/USDT pair is yet to reach new heights on crypto exchange Binance.
Bitcoin
Fxstreet
Thu, May 22
EU plans 2 euro fee for low-value parcels in setback for Shein, Temu
EU received 4.6 bln low-cost e-commerce packages in 2024, 91% from ChinaEU plans to phase out duty-free exemption for goods worth less than 150 eurosChina urges EU to maintain commitment to open trade BRUSSELS, May 21 (Reuters) - The European Union is set to propose a 2 euro ($2.27) handling fee ...
Reuters
Wed, May 21
Is Bitcoin Ready For New ATHs? What The Charts Say
An analyst has explained what some charts related to Bitcoin could say regarding whether the current run can lead to a new high or not. Bitcoin Momentum May Be Stalling According To These Signs In a new post on X, analyst Ali Martinez has talked about some technical analysis (TA) signs that could re
Bitcoin
Ethereum
NewsBTC
Wed, May 21
Large U.S. Treasury holders in Asia saying "no" to "sell America" trade - Yardeni
Investing.com - Most of the biggest holders of U.S. Treasuries in Asia are saying "no" to the "sell America" trade, according to Yardeni Research. Questions have recently swirled around the persistence of this trade, which has featured many investors offloading government bonds and a weakening in...
Investing.com
Wed, May 21
PRECIOUS-Gold at highest in more than a week on soft dollar
Dollar slips to its lowest level since May 7Palladium hits over three-month highBy Brijesh Patel May 21 (Reuters) - Gold prices rose to their highest in more than a week on Wednesday, supported by a weaker dollar and safe-haven demand as U.S. President Donald Trump failed to convince Republican h...
Reuters
Wed, May 21
Target (TGT) Q1 Earnings Disappoint: Trump May Be Taking the Blame for Two Issues
TradingKey - On Wednesday, May 21, U.S. retail giant Target (TGT) reported weak Q1 2025 results and cut its full-year sales outlook, sending shares down more than 5% in pre-market trading.
Target Corp
Walmart Inc
TradingKey
Wed, May 21
Xpeng forecasts upbeat quarterly revenue on strong EV deliveries
May 21 (Reuters) - China's XPeng XPEV.N on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on growing demand for its lower-priced electric vehicles.U.S.-listed shares of the company rose 6.3% in premarket trading.
Reuters
Wed, May 21
UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers
May 21 (Reuters) - UnitedHealth UNH.N shares fell nearly 7% on Wednesday in premarket trading after a Guardian report that the healthcare conglomerate secretly paid nursing homes thousands in bonuses to help slash hospital transfers for ailing residents.
Unitedhealth Group Inc
Reuters
Wed, May 21
Q1 Hedge Fund Holdings: Increased Exposure to Chinese Tech, Reduced Bets on U.S. Magnificent Seven
TradingKey - First-quarter 2025 Form 13F filings from several top hedge funds show a shift in positioning between Chinese and U.S. tech stocks. Goldman Sachs reported that hedge funds reduced exposure to the U.S. “Magnificent Seven” stocks, while increasing allocations to Chinese technology...
Alibaba Group Holding Ltd
Baidu Inc
JD.Com Inc
PDD Holdings Inc
TradingKey
Wed, May 21
All Eyes on the 20-Year Treasury Auction — The First Big Test for U.S. Debt Demand After Moody’s Downgrade
TradingKey - Following Moody’s downgrade of the U.S. sovereign credit rating and growing concerns over Trump’s tax-cutting “Beautiful Big Bill,” global investors are closely watching the upcoming $16 billion auction of 20-year U.S. Treasury bonds, which will serve as the first major test of demand..
TradingKey
Wed, May 21
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