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Ministers gather at UN for delayed meeting on Israel, Palestinians
US and Israel boycott UN conference on two-state solutionFrance to urge other countries to join it in recognizing Palestinian stateConference postponed last month due to Israel's attack on IranBy Michelle Nichols UNITED NATIONS, July 28 (Reuters) - Dozens of ministers will gather at the Unite...
Reuters
Mon, Jul 28
Musk Says Samsung Agreed To Allow Tesla To Assist In Maximizing Manufacturing Efficiency
July 27 (Reuters) - Tesla Inc TSLA.O:MUSK- SAMSUNG AGREED TO ALLOW TESLA TO ASSIST IN MAXIMIZING MANUFACTURING EFFICIENCY: MUSK- SAMSUNG AGREED TO ALLOW TESLA TO ASSIST IN MAXIMIZING MANUFACTURING EFFICIENCYSource text: https://tinyurl.com/y6da8xd5
Reuters
Mon, Jul 28
Musk Says Samsung’S Giant New Texas Fab Will Be Dedicated To Making Tesla’S Next-Generation Ai6 Chip.
July 27 (Reuters) - Tesla Inc TSLA.O:MUSK SAYS SAMSUNG’S GIANT NEW TEXAS FAB WILL BE DEDICATED TO MAKING TESLA’S NEXT-GENERATION AI6 CHIP.MUSK SAYS TSMC WILL MAKE AI5, WHICH JUST FINISHED DESIGN, INITIALLY IN TAIWAN AND THEN ARIZONA.Source text: https://tinyurl.com/yrnfm7yf
Reuters
Mon, Jul 28
Will China-U.S. Meeting in Stockholm Offer Real Progress or Just Comfort?
TradingKey - Following the tariff agreements between the U.S. and Japan, as well as the U.S. and the EU, the third round of China-U.S. economic and trade negotiations in Stockholm has captured global attention. While some analysts suggest that this round of talks may not yield major breakthroughs
USD/CNH
TradingKey
Mon, Jul 28
Japan's Toyobo Co: To Dissolve Alabama Subsidiary That Sells Airbag Fabrics In North America, Due To Surge In Raw Materials, Labor Costs
July 28 (Reuters) - Toyobo Co Ltd 3101.T:JAPAN'S TOYOBO CO - TO DISSOLVE ALABAMA SUBSIDIARY THAT SELLS AIRBAG FABRICS IN NORTH AMERICA, DUE TO SURGE IN RAW MATERIALS, LABOR COSTSTOYOBO - WILL SUPPLY AIRBAG-RELATED PRODUCTS FROM PRODUCTION BASE IN THAILAND TO NORTH AMERICA, EUROPE AND OTHER GLOBA...
Reuters
Mon, Jul 28
Musk Says Samsung Has Struck A $16.5 Billion Deal To Produce Semiconductors For Tesla
July 27 (Reuters) - Samsung Electronics Co Ltd 005930.KS:MUSK SAYS SAMSUNG HAS STRUCK A $16.5 BILLION DEAL TO PRODUCE SEMICONDUCTORS FOR TESLASource text: https://tinyurl.com/5b2jefpz
Reuters
Mon, Jul 28
US and China reached out to stop Thai-Cambodia conflict, Thailand's acting PM says
BANGKOK, July 28 (Reuters) - The United States, China and Malaysia reached out to help resolve the ongoing conflict between Thailand and Cambodia because they don't want to see violence, Thai acting prime minister Phumtham Wechayachai said on Monday.Phumtham and Cambodian Prime Minister Hun Mane...
Reuters
Mon, Jul 28
China and US are expected to extend tariff pause by another 90 days
The United States (US) and China are expected to extend their tariff truce by another three months, SCMP reported on Sunday. The world’s two largest economies will not impose additional tariffs on each other during the extension and the current pause was to end August 12.
Fxstreet
Mon, Jul 28
US trade deals with EU, Japan reduce uncertainties, Japan government says
TOKYO, July 28 (Reuters) - Japan's Chief Cabinet Secretary Yoshimasa Hayashi said on Monday that recent trade agreements between the United States and the European Union, as well as between the U.S. and Japan, have lowered the uncertainty surrounding U.S. trade policy.Hayashi, the top government...
Reuters
Mon, Jul 28
McDonald's to sell 8 Hong Kong retail spaces valued at $153 million, JLL says
HONG KONG, July 28 (Reuters) - McDonald's is planning to sell eight prime retail properties in Hong Kong with a total market value of around HK$1.2 billion ($152.89 million)), JLL, which has been appointed as the sole agent of the sale, said on Monday. The sale is offered through public tender...
Reuters
Mon, Jul 28
Birch Hill, Brookfield to acquire Canada's First National Financial for C$2.9 billion
July 27 (Reuters) - First National Financial FN.TO said on Sunday it has reached an agreement to be acquired by private equity firm Birch Hill Equity Partners and asset manager Brookfield Asset Management BAM.TO in a deal valuing the company's equity at C$2.9 billion ($2.12 billion).First Natio...
Reuters
Mon, Jul 28
CORRECTED-Birch Hill and Brookfield to acquire First National Financial for C$2.9 billion
July 27 (Reuters) - First National Financial FN.TO said on Sunday that it has reached an agreement to be acquired by Birch Hill Equity partners and asset manager Brookfield Asset Management BAM.TO in a deal valuing the company's equity at C$2.9 billion ($2.12 billion).($1 = 1.3692 Canadian dolla...
Reuters
Mon, Jul 28
Three Key Similarities Between U.S.-Japan and U.S.-EU Trade Tariff Deals
TradingKey - Both U.S.-Japan and U.S.-EU agreements share three striking commonalities: a 15% base tariff rate, increased investment in the U.S. in exchange for lower tariffs, and unresolved details behind the headlines.
EUR/USD
USD/JPY
TradingKey
Mon, Jul 28
PRESS DIGEST-British Business - July 28
July 28 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- U.S. President Donald Trump said the United States and the European Union had reached an agreement on a trade de...
Reuters
Mon, Jul 28
Tennis-'Lucky' De Minaur saves three match points to lift Washington Open title
July 27 (Reuters) - Alex De Minaur rallied from a set down and saved three match points to claim the Washington Open title with a 5-7 6-1 7-6(3) win over Alejandro Davidovich Fokina in the final of the ATP 500 event on Sunday.The Australian number one, who lost the 2018 final to Alexander Zverev, fe...
Reuters
Mon, Jul 28
Thai and Cambodian leaders head to Malaysia for peace talks
BANGKOK/PHNOM PENH, July 28 (Reuters) - The leaders of Thailand and Cambodia were set to hold talks in Malaysia on Monday to reach a ceasefire in their deadly border dispute, with the United States saying its officials would be assisting in the peace process.Thailand's government said it was att...
Reuters
Mon, Jul 28
New TV show imagines China invasion, gives Taiwan viewers wake-up call
Series highlights Taiwan's vulnerability to Chinese militaryShow's sensitive topic sees half the crew remain anonymousDrama explores scenarios like financial collapse, sleeper agentsBy Fabian Hamacher and Angie Teo TAIPEI, July 28 (Reuters) - A new Taiwanese television series that imagine...
Reuters
Mon, Jul 28
Epstein furor undermines public trust, Republican election hopes, two US lawmakers say
Epstein controversy may impact Republican midterm election prospectsMassie and Khanna push for full release of Epstein filesTrump increasingly frustrated with handling of Epstein issue, Washington Post reportsBy David Morgan WASHINGTON, July 27 (Reuters) - The uproar over disgraced financier and ...
Reuters
Mon, Jul 28
Painchek Says A$7.5M Placement To Drive International Growth With US FDA Clearance Expected Near Term
July 28 (Reuters) - PainChek Ltd PCK.AX:A$7.5M PLACEMENT TO DRIVE INTERNATIONAL GROWTH WITH US FDA CLEARANCE EXPECTED NEAR TERM
Reuters
Mon, Jul 28
First National Financial Says Company Agrees To Be Acquired By Birch Hill Equity Partners And Brookfield
July 27 (Reuters) - First National Financial Corp FN.TO:FIRST NATIONAL FINANCIAL CORPORATION AGREES TO BE ACQUIRED BY BIRCH HILL EQUITY PARTNERS AND BROOKFIELD, WITH EXISTING SHAREHOLDERS STEPHEN SMITH AND MORAY TAWSE MAINTAINING MINORITY OWNERSHIPFIRST NATIONAL FINANCIAL CORP - PURCHASER TO BUY SHA...
Reuters
Mon, Jul 28
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