News
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Kazatomprom's Q1 profit fell to 121.066 bln tenge
ALMATY, May 29 (Reuters) - Kazatomprom KZAP.KZ, KAPq.L, the world's largest uranium producer, saw profit fall to 121.066 billion tenge ($237.55 million) in the first quarter of 2025 from 148.943 billion tenge in the same period last year, the company said on Thursday. Kazakhstan increased urani...Reuters
Thu, May 29
Tesla to deliver first self-driving Model Y car in June, Musk says
May 29 (Reuters) - Tesla TSLA.O will deliver its first self-driving Model Y car in June, CEO Elon Musk said on Thursday.Musk said in a post on X that the electric vehicle maker has been testing self-driving Model Y cars on public streets in Austin, Texas for the past several days "with no incide...Reuters
Thu, May 29
Hiscox Appoints Peter Clarke As Chair Designate
May 29 (Reuters) - Hiscox Ltd HSX.L:HISCOX LTD - HISCOX APPOINTS PETER CLARKE AS CHAIR DESIGNATEHISCOX LTD - INTERIM CHAIR COLIN KEOGH TO STEP DOWN FROM BOARD ON 1 JULY 2025HISCOX LTD - PETER CLARKE TO SUCCEED COLIN KEOGH AS CHAIR ON 1 JULY 2025Reuters
Thu, May 29
US defence chief looks to woo allies in Asian security forum debut
Hegseth set to make debut at Asia's premier defence forumAllies concerned about United States' commitmentQuestions linger about Hegseth on the global stageBy Idrees Ali SINGAPORE, May 29 (Reuters) - U.S. Defence Secretary Pete Hegseth will try to convince Asian defence leaders this weeken...Reuters
Thu, May 29
CORRECTED-Markets ask how soon Nippon Steel will benefit from $15 billion bid for U.S. Steel
Trump signals support for Nippon Steel's bid for U.S. SteelFinal approval, deal details yet to emergeNippon Steel looks to US for growth amid weak domestic demandBy Katya Golubkova and Anton Bridge TOKYO, May 29 (Reuters) - Nippon Steel 5401.T investors and analysts are asking if its $15-bill...Reuters
Thu, May 29
Super-long JGBs fall as lack of details on MOF's possible sale reduction weighs
TOKYO, May 29 (Reuters) - Super-long Japanese government bond prices fell on Thursday as a lack of details about the Ministry of Finance's issuance plans weighed on sentiment.The 20-year JGB yield JP20YTN=JBTC rose 2.5 basis points (bps) to 2.42% and the 30-year JGB yield JP30YTN=JBTC rose 5 bps...Reuters
Thu, May 29
Welsh Harvard student, caught up in Trump visa fight, fears he may never return
By Tom Little, Sam Tabahriti COPENHAGEN, May 28 (Reuters) - When Alfred Williamson packed his bags to travel to Denmark for summer break after a whirlwind first year at Harvard University, he could not wait to return. Now, the Welsh student fears he may never go back - one of thousands of interna...Reuters
Thu, May 29
South Korea minister says to actively consult with US on shipbuilding cooperation
SEOUL, May 29 (Reuters) - South Korea's Foreign Minister Cho Tae-yul said on Thursday his ministry will actively consult with the United States on cooperation in shipbuilding. Cho's remarks came while he was visiting shipbuilder Hanwha Ocean 042660.KS, a ministry statement said.Reuters
Thu, May 29
Is the Fear of Bonds Finally Easing? Record Foreign Demand Seen in 5-Year Treasury Auction
TradingKey - Since May 2025, global bond markets have faced pressure from concerns over government fiscal policies — with yields rising rapidly across major sovereign debt markets. However, a $70 billion auction of 5-year U.S. Treasuries conducted by the U.S. Treasury on Wednesday, May 29 ...TradingKey
Thu, May 29
Large movement seen in super-long bond yields, Japan finance minister says
TOKYO, May 29 (Reuters) - Japanese Finance Minister Katsunobu Kato on Thursday said there has been large movement in super-long bond yields recently, and that the government will closely monitor financial market movement.The government will communicate thoroughly with market participants, Kato said.Reuters
Thu, May 29
PRESS DIGEST-Wall Street Journal - May 29
May 29 (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.- Paramount Global PARA.O in recent days has offered $15 million to settle U.S. President Donald Trump's lawsuit against CBS news. Trump&#...Reuters
Thu, May 29
Russia wants legally binding mechanisms for Ukraine peace, TASS reports
MOSCOW, May 29 (Reuters) - Russia, as part of its peace proposals, wants legally binding mechanisms to guarantee that the Ukraine conflict will not resume, the foreign ministry was quoted as saying by state news agency TASS on Thursday.The ministry said that Kyiv was aware of Moscow's position t...Reuters
Thu, May 29
Australia's defence minister Marles to meet US, Japan counterparts
First meeting of defence chiefs from three countries after Trump took officePentagon official said Australia should raise defence spending to 3% of GDPAustralia set to make $2 billion payment to US under AUKUS submarine deal By Kirsty Needham SYDNEY, May 29 (Reuters) - Australia's Defence Min...Reuters
Thu, May 29
Google begins direct online sales of Pixel phones in India
May 29 (Reuters) - Google on Thursday began direct online sales of its popular hardware devices in India, including Pixel phones, watches and earbuds, ahead of an anticipated launch of its first physical stores in the South Asian nation.The Alphabet GOOGL.O-owned firm said it has for the first time ...Reuters
Thu, May 29
Hong Kong, Saudi Arabia may approve more cross-border financial products
By Selena Li and Scott Murdoch HONG KONG/SYDNEY, May 29 (Reuters) - Hong Kong and Saudi Arabia are considering allowing more cross-border financial products, authorities said on Thursday, as the two markets seek to deepen financial ties amid rising trade uncertainties. An exchange-traded fund...Reuters
Thu, May 29
BREAKINGVIEWS-Private credit's deal desperation lands in India
By Shritama Bose MUMBAI, May 29 (Reuters Breakingviews) - India’s largest-ever private credit deal is a prime example of investors having capital burning a hole in their pockets. Struggling conglomerate Shapoorji Pallonji Group has just sold a 298 billion rupees ($3.5 billion) bond to a group inc...Reuters
Thu, May 29
PRESS DIGEST- New York Times business news - May 29
May 29 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- A U.S. trade court blocked President Donald Trump's tariffs from going into effect in a sweeping ruling that found the preside...Reuters
Thu, May 29
