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South Korea President Lee, Japan PM Ishiba agree to strengthen ties
SEOUL, June 9 (Reuters) - South Korea's newly-elected President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba agreed during a telephone call to strengthen bilateral ties, a South Korean presidential spokesperson and Japan's foreign ministry said on Monday.Reuters
Mon, Jun 9
Japan's Nikkei jumps as chip stocks rally ahead of Sino-US talks
TOKYO, June 9 (Reuters) - Japan's Nikkei share average advanced 1% on Monday ahead of trade talks between the U.S. and China in London later in the day, with investors watching for any easing of restrictions over semiconductor shipments.Reuters
Mon, Jun 9
China’s May CPI Flat at -0.1%, PPI Deflation Accelerates as Auto Price Wars Intensify Factory Pressures
TradingKey - Weighed down by domestic manufacturers’ price wars, uncertainty from the U.S.-China tariff conflict, and weak domestic consumption, China’s May Consumer Price Index (CPI) and Producer Price Index (PPI) both continued to decline, with the PPI now in deflation for a 32nd consecutive month
TradingKey
Mon, Jun 9
First Meeting of China-U.S. Economic and Trade Consultation Mechanism – What’s on the Agenda Beyond Tariffs?
TradingKey - Following a phone call between Chinese President Xi Jinping and U.S. President Donald Trump — their first in nearly six months — China and the U.S. are set to hold the inaugural meeting of their economic and trade consultation mechanism in the UK. While tariff reductions remain a key...TradingKey
Mon, Jun 9
Japan's Q1 GDP Confirmed to Have Contracted, Focus Turns to Japan-U.S. Talks for Prospects of BOJ Rate Hikes
TradingKey - Benefiting from improved consumption, the revised contraction for Japan's Q1 GDP in fiscal 2025 was less severe than initially estimated. Nevertheless, Japan's economy still shrank, adding uncertainty to the Bank of Japan's (BOJ) prospects for rate hikes. Ongoing trade negotiations...
TradingKey
Mon, Jun 9
Japan's Q1 GDP contraction narrows on consumption improvement, revised figure shows
TOKYO, June 9 (Reuters) - Japan's economy contracted less than initially estimated in the January-March quarter, government data showed on Monday, with consumption figures revised upwards at a time when uncertainty surrounding U.S. tariffs is clouding the outlook.Reuters
Mon, Jun 9
GLOBAL MARKETS-Asian shares climb, dollar eases ahead of US-China talks
TOKYO, June 9 (Reuters) - Shares jumped and the dollar pared recent gains on Monday as Asian markets reacted to better-than-expected U.S. jobs data ahead of talks in London aimed at mending a trade rift between the United States and China.Reuters
Mon, Jun 9
Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports
June 8 (Reuters) - Meta Platforms META.O is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with..
Reuters
Mon, Jun 9
Key US-China trade talks set for Monday in London
LONDON, June 9 (Reuters) - Top U.S. and Chinese officials will sit down in London on Monday for talks aimed at defusing the high-stakes trade dispute between the two superpowers that has widened in recent weeks beyond tit-for-tat tariffs to export controls over goods and components critical...Reuters
Mon, Jun 9
AUD/USD gains ground to near 0.6500 ahead of Chinese CPI inflation data
The AUD/USD pair edges higher to around 0.6500 during the early Asian session on Monday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) after US President Donald Trump said that the United States (US) will hold trade talks with China on Monday.
Fxstreet
Mon, Jun 9
US Ethereum ETFs Record 4 Consecutive Weeks Of Positive Inflows — Details
After a horrendous start to the year, the United States-based spot Ethereum ETFs (exchange-traded funds) have managed to turn their fortune around over the past few weeks. This positive trend mirrors the shift in sentiment amongst Ethereum investors since the start of the year’s second quarter.
Bitcoinist
Mon, Jun 9
Trump says he has no plans to speak to Musk as feud persists
White House official says Trump does not want to talk to MuskFeud complicates efforts to pass tax-cut bill in SenateMusk denounces bill as adding $2.4 trillion in debtBy Nandita Bose and Alexandra Ulmer WASHINGTON, June 6 (Reuters) - U.S. President Donald Trump said on Friday that he has no p...Reuters
Fri, Jun 6
Crude climbs on US jobs report, China talks
Brent, WTI poised to finish the week higherU.S. jobs report shows unemployment steady at 4.2%Trade negotiations continue with ChinaU.S. oil, gas rigs hit lowest level since November 2021By Erwin Seba HOUSTON, June 6 (Reuters) - Crude rose more than $1 a barrel on Friday, posting its first weekly ...Reuters
Fri, Jun 6
Fed taps Horowitz as next inspector general
WASHINGTON, June 6 (Reuters) - The Federal Reserve announced on Friday that Michael Horowitz had been appointed to serve as the central bank's new inspector general.Horowitz, who most recently served as the Justice Department's inspector general, replaces Mark Bialek, who retired in April. A...Reuters
Fri, Jun 6
Trump says Fed should cut rates by a full point
June 6 (Reuters) - U.S. President Donald Trump on Friday called on the Federal Reserve to cut interest rates by a full point."'Too Late' at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel!"...Reuters
Fri, Jun 6
US yields rise after stronger than expected jobs gains in May
June 6 (Reuters) - U.S. Treasury yields rose after data on Friday showed that employers added more jobs than economists had expected in May, while average hourly earnings also rose more than was forecast. Employers added 139,000 jobs last month, above estimates for a 130,000 increase. Average hourlReuters
Fri, Jun 6
Musk Signals Truce with Trump, Tesla Stock Rebounds 5%
TradingKey - According to American media sources, Elon Musk has hinted at a willingness to ease tensions following a public fallout with Donald Trump. This development has influenced Tesla's shares to climb over 5% in pre-market trading.
TradingKey
Fri, Jun 6
