News
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JGB yields pare rise on report Japan to consider buying back bonds
By Kevin Buckland TOKYO, June 9 (Reuters) - Japanese government bond yields pared earlier advances on Monday following a report that the Ministry of Finance is considering buying back some super-long bonds it issued at low interest rates. Such a move would come on top of an expe...Reuters
Mon, Jun 9
Term Premium Soars to 11-Year High! Bond Traders Brace for US Treasury Auction This Week
TradingKey - The recent performance of U.S. Treasury auctions has consistently fallen short of market expectations. Data from the New York Federal Reserve shows that the term premium on 10-year Treasuries is now at an 11-year high.TradingKey
Mon, Jun 9
Canada to announce security and defence investment plan, Globe and Mail reports
June 9 (Reuters) - Canadian Prime Minister Mark Carney will unveil a new security and defence investment plan that would enable Canada to meet NATO's 2% military expenditure target this fiscal year, the Globe and Mail reported on Monday, citing two senior government sources.Reuters could not imm...Reuters
Mon, Jun 9
India regulator probes Jane Street's derivative trades over three years, sources say
India markets regulator investigating Jane Street's derivatives trades for three yearsJane Street's three entities and their India algorithmic strategies under investigationJane Street's trades in NSE's index of top 50 stocks and banking stocks are being investigatedRegulator is curr...Reuters
Mon, Jun 9
Markel hires Aon's Chang as Asia Pacific head
June 9 - (The Insurer) - Markel Insurance has appointed Sucheng Chang as managing director for Asia Pacific, the company said on Monday.Chang will join on July 14 and head up Markel International's Asia Pacific business.He most recently served as CEO for Hong Kong at Aon. He previously spent mor...Reuters
Mon, Jun 9
China urges stable economic ties with the UK
BEIJING, June 9 (Reuters) - China and Britain should maintain sustained, stable and healthy development of economic relations, China's Vice Premier He Lifeng told British finance minister Rachel Reeves in London, according to a report by state broadcaster CCTV on Monday.The two countries should ...Reuters
Mon, Jun 9
Quantum computing firm IonQ to acquire UK-based Oxford Ionics for $1.08 billion
June 9 (Reuters) - IonQ IONQ.N will acquire British quantum computing startup Oxford Ionics for $1.075 billion, the Maryland-based quantum computing firm said on Monday.Oxford Ionics' founders Chris Ballance and Tom Harty will remain with IonQ after the acquisition is completed, the company said...Reuters
Mon, Jun 9
Poland's Arlen expects higher demand due to increased defence spending
GDANSK, June 9 (Reuters) - Polish protective clothing manufacturer Arlen Group expects demand for its products to grow due to increased defence spending on modernising soldiers' equipment in Poland, CEO Andrzej Tabaczynski said during a discussion with investors. The company adopted a policy ...Reuters
Mon, Jun 9
IonQ To Acquire Oxford Ionics For $1.075 Billion
June 9 (Reuters) - IONQ Inc IONQ.N:IONQ INC - IONQ TO ACQUIRE OXFORD IONICS FOR $1.075 BILLIONIONQ INC - DEAL WILL BE COMPRISED OF $1.065 BILLION IN IONQ COMMON STOCK AND ABOUT $10 MILLION IN CASHIONQ - COMBINED CO TO MAINTAIN ALL EXISTING CUSTOMER RELATIONSHIPS, INCLUDING GOVERNMENT PARTNERSHIPS I...Reuters
Mon, Jun 9
Turkey says Israeli raid on Gaza aid boat violated international law
ANKARA, June 9 (Reuters) - Turkey on Monday condemned Israel's seizure of a Gaza-bound aid vessel which it said was carrying Turkish citizens as well as activist Greta Thunberg among its 12-strong crew, calling the move a "clear violation of international law".The Turkish Foreign Ministr...Reuters
Mon, Jun 9
REFILE-Brown & Brown closes in on Risk Strategies acquisition for around $10 billion
By David BullJune 9 - (The Insurer) - Brown & Brown is closing in on a deal to buy Risk Strategies parent Accession Risk Management, in what would be the biggest acquisition in the U.S. intermediary’s history, a source familiar with the matter told The Insurer.The Insurer first reported in late ...Reuters
Mon, Jun 9
Rednote joins wave of Chinese firms releasing open-source AI models
BEIJING, June 9 (Reuters) - China's Rednote, one of the country's most popular social media platforms, has released an open-source large language model, joining a wave of Chinese tech firms making their artificial intelligence models freely available.The approach contrasts with many U.S. tec...Reuters
Mon, Jun 9
NATO needs 400% increase in air and missile defence, Rutte will say in London
LONDON, June 9 (Reuters) - NATO Secretary General Mark Rutte will use a speech in London on Monday to say the military alliance needs a 400% increase in air and missile defence, one of the priorities for a summit of members in the Hague later this month.Rutte is pushing for members to boost defence ...Reuters
Mon, Jun 9
PRESS DIGEST- Wall Street Journal - June 9
June 9 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- L'Oreal OREP.PA said it has signed an agreement to acquire a majority stake in British skincare brand Medik8.- U.K. semiconductor compan...Reuters
Mon, Jun 9
Iran to present a counter-proposal to U.S. in nuclear talks, foreign ministry says
DUBAI, June 9 (Reuters) - Iran will soon hand a counter-proposal in nuclear talks to the United States via Oman, Iranian foreign ministry spokesperson Esmaeil Baghaei said on Monday, in response to a U.S. offer that Tehran deems "unacceptable".Reuters
Mon, Jun 9
NATO needs 400% increase in air and missile defence, Rutte will say in London
LONDON, June 9 (Reuters) - NATO Secretary General Mark Rutte will use a speech in London on Monday to say the military alliance needs a 400% increase in air and missile defence, one of the priorities for a summit of members in the Hague later this month.Rutte will argue in a speech at London's C...Reuters
Mon, Jun 9
Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says
June 9 (Reuters) - A Ukrainian drone strike, among the deepest into Russia in more than three years of the war, forced a temporary suspension of production at an electronics company in the Volga river region of Chuvashia, the head of the region said on Monday. The strike, some 1,300 km (800 miles) f...Reuters
Mon, Jun 9
Musk's father says Elon made a mistake 'under stress' and that Trump will prevail
MOSCOW, June 9 (Reuters) - The row between Elon Musk, the world's richest man, and U.S. President Donald Trump was triggered by stress on both sides and Elon made a mistake by publicly challenging Trump, Musk's father told Russian media in Moscow.Musk and Trump began exchanging insults last ...Reuters
Mon, Jun 9
