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NEWSMAKER-China’s trade tsar He Lifeng takes centre stage in US tariff talks
Vice Premier He to meet U.S. officials on Saturday He initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthBy Laurie Chen and Michael Martina BEIJING/WASHINGTON, May 7 (Reuters) - He Lifeng, a longtime confidant...Reuters
Wed, May 7
Warren Buffett's $174 Billion Warning to Wall Street Grows Louder -- and Not Even an S&P 500 Correction Has Quieted It
It's been an eventful week for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. On Saturday, May 3, the company held its annual shareholder meeting in Omaha, NE, which typically draws in the neighborhood of 40,000 attendees. It's quite the leap from Berkshire's early days, where its...The Motley Fool
Wed, May 7
PRECIOUS-Gold slips on US-China trade talk hopes; Fed policy on tap
Chinese, U.S. officials to hold ice-breaker meeting in GenevaFed interest rate decision due later in the dayIndia strikes Pakistan over tourist killings; Pakistan says Indian jets downedBy Anushree Mukherjee May 7 (Reuters) - Gold prices dropped on Wednesday as optimism surrounding U.S.-China tra...Reuters
Wed, May 7
Japan's Nikkei snaps 7-day winning streak as US tariff worries weigh
By Kevin Buckland TOKYO, May 7 (Reuters) - Japan's Nikkei share average edged lower on Wednesday, snapping a seven-session winning streak by the tiniest of margins, as pharmaceutical shares sank after U.S. President Donald Trump said he would reveal tariffs on drugs over the next two weeks.Au...Reuters
Wed, May 7
BREAKINGVIEWS-China’s wait-and-see approach exposes policy limit
By Ka Sing Chan HONG KONG, May 7 (Reuters Breakingviews) - China is biding its time ahead of planned trade talks with the United States. On Wednesday, the country's top three regulators announced a raft of new measures but held off on major spending. The reluctance partly stems from the gover...Reuters
Wed, May 7
South African rand flat with global focus on US rate decision
JOHANNESBURG, May 7 (Reuters) - The South African rand was little changed in early trade on Wednesday, as global investors focused on an interest rate decision by the U.S. Federal Reserve later in the day.At 0650 GMT, the rand traded at 18.22 against the dollar ZAR=D3 compared with Tuesday's clo...Reuters
Wed, May 7
EMERGING MARKETS-Asian shares, currencies rally on U.S.-China trade hopes
Shares in Manila, Jakarta and Seoul surgeChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose and regional currencies rebounded on Wednesday, lifted by hopes that an upcoming high-level U.S.-China meeting ...Reuters
Wed, May 7
EMERGING MARKETS-Asian shares, currencies rally on U.S.-China trade hopes
Shares in Manila, Jakarta and Seoul surgeChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose and regional currencies rebounded on Wednesday, lifted by hopes that an upcoming high-level U.S.-China meeting ...Reuters
Wed, May 7
LIVE MARKETS-Europe before the bell: futures mixed as trade talks, cenbanks in focus
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: FUTURES MIXED AS TRADE TALKS, CENBANKS IN FOCUSEuropean futures are a mixed bag, failing to lift significantly ...Reuters
Wed, May 7
LIVE MARKETS-US, China move towards trade talks, but a deal seems distant
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comUS, CHINA MOVE TOWARDS TRADE TALKS, BUT A DEAL SEEMS DISTANTAfter a few weeks buying the rumour of U.S.-China de-escalation, markets ga...Reuters
Wed, May 7
GLOBAL MARKETS-Stocks rise in tepid cheer for US-China talks
U.S.-China to discuss trade in SwitzerlandChina cuts interest rates, reserve requirementsHang Seng and U.S. futures climb, yuan slipsBy Tom Westbrook SINGAPORE, May 7 (Reuters) - U.S. stock futures bounced and the dollar rose on Wednesday on news of an upcoming meeting between top U.S. and Chines...Reuters
Wed, May 7
Australia's Althea rises on pharma asset sale, focus on North American operations
** Shares of Althea Group Holdings AGH.AX rise 13% to A$0.026, set for strongest trading session since mid-April, if gains hold ** The cannabis products maker to sell its pharmaceutical assets to private firm Tasmanian Botanics for A$1 million ($648,100)** Says divestment allows co to focus on cann...Reuters
Wed, May 7
CORRECTED-MORNING BID EUROPE-US, China move towards trade talks, but a deal seems distant
A look at the day ahead in European and global markets from Tom WestbrookAfter a few weeks buying the rumour of U.S.-China de-escalation, markets gave a lukewarm welcome to news that the countries' top trade officials will meet in Geneva at the weekend.It all sounds very preliminary. U.S. Treasu...Reuters
Wed, May 7
UK Stocks-Factors to watch on May 7
May 7 - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.08%.* DIAGEO: A new lawsuit accused spirits giant Diageo DGE.L of misleading consumers by deceptively labeling some of its popular tequila products as “100% tequila” despite containing other alc...Reuters
Wed, May 7
Forrester Unveils Top 10 Emerging Technologies For 2025; AI Innovation Shifts From Experimentation To Business Imperative
Agentic AI represents the next frontier in automation, enabling systems to make decisions independently and with intent SINGAPORE, May 7, 2025 /PRNewswire/ -- As generative AI evolves into agentic AI, automation becomes more sophisticated, and emerging technologies shift to large-scale deplo...PR Newswire
Wed, May 7
Australia's FireFly Metals surges on mineral find at Canada project
** Shares of FireFly Metals FFM.AX rise 8.4% to A$0.8675, its highest level since April 3** Diversified miner reports high-grade copper and gold mineralisation at its Green Bay project in Canada** Says drilling result highlight potential for significant mineralisation beyond the current mineral reso...Reuters
Wed, May 7
Tariffs key focus for Australian chemicals ahead of interim results
** Shares of Australian chemical firms Orica ORI.AX and Dyno Nobel DNL.AX rise 1.2% and 1.3% respectively on the day** Orica and Dyno Nobel to report 1H25 results on May 8 and May 12 respectively** UBS says heightened global macro volatility will be key area of focus for investors** Brokerage says i...Reuters
Wed, May 7
Australia's Kelsian rises after strong performance and outlook in US ops
** Shares of Kelsian KLS.AX rise as much as 16.5% to A$3.25, posting their biggest intraday pct gain since July 2022 ** Stock hits its highest level since March 10 ** Transport provider and tourism operator says U.S. charter operations saw strong utilisation in Q3 with no material impact to date fro...Reuters
Wed, May 7
EMERGING MARKETS-Asian shares climb on US-China trade optimism; currencies steady
Equity markets in Manila, Jakarta and Seoul gainChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose on Wednesday, supported by optimism that an upcoming meeting between top U.S. and Chinese officials coul...Reuters
Wed, May 7
EMERGING MARKETS-Asian shares climb on US-China trade optimism; currencies steady
Equity markets in Manila, Jakarta and Seoul gainChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose on Wednesday, supported by optimism that an upcoming meeting between top U.S. and Chinese officials coul...Reuters
Wed, May 7
