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Lutnick says update coming this week on Japan's $550 billion US investment
TOKYO, Aug 26 (Reuters) - The United States will make an announcement this week on Japan's $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said, as a top Japanese trade envoy is reportedly planning to visit Washington to formalise the deal."The Japanese agreement, whic...Reuters
Tue, Aug 26
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INSTANT VIEW-Analysts' reaction to Trump firing Fed's Cook
SINGAPORE, Aug 26 (Reuters) - U.S. President Donald Trump took the unprecedented action of firing Lisa Cook, the first African-American woman to serve as a Federal Reserve governor, over claims of mortgage borrowing impropriety.The U.S. dollar softened across the board after the news, while the shor...Reuters
Tue, Aug 26
Economic Indicator
RBA Minutes: Further rate cuts likely needed in coming year
The Reserve Bank of Australia (RBA) published the Minutes of its August monetary policy meeting on Tuesday, which showed that board members agreed that some further reduction in the cash rate is likely to be needed in the coming year.Fxstreet
Tue, Aug 26
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EXCLUSIVE-Trump administration weighs sanctions on officials implementing EU tech law, sources say
U.S. says the EU's Digital Services Act stifles free speechFinal decision on possible punitive measures not yet madeSecretary of State Rubio directed lobbying campaign against DSAEU denies censorship, targeting of US companiesBy Humeyra Pamuk Aug 25 (Reuters) - President Donald Trump's ad...Reuters
Tue, Aug 26
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Fluence Corporation Agreed To Convert $1.8 Million Of Accrued Interest Into Fully Paid Ordinary Shares
Aug 26 (Reuters) - Fluence Corporation Ltd 4SVE.F:AGREED TO CONVERT $1.8 MILLION OF ACCRUED INTEREST UNDER $20.0 MILLION REVOLVING CREDIT FACILITY INTO FULLY PAID ORDINARY SHARES OF COCONVERSION WILL BE AT A PRICE OF $0.054 PER SHAREReuters
Tue, Aug 26
Stocks
What Is the Highest Domino's Pizza Stock Has Ever Been?
Key PointsDomino's closed 2021 with a bang but it's drifted in recent years.Modest growth from the world's largest pizza chain is contributing to its recently modest stock performance.10 stocks we like better than Domino's Pizza › On Dec. 31, 2021, shares of Domino's Pizza (NASDAQ: DPZ) closed at an...The Motley Fool
Tue, Aug 26
Economic Indicator
TREASURIES-Short-end US yields fall after Trump fires Fed's Cook
SINGAPORE, Aug 26 (Reuters) - Short-end U.S. Treasury yields fell on Tuesday after President Donald Trump fired Federal Reserve governor Lisa Cook in an unprecedented move, fuelling bets her replacement would be a dovish one who would push for more rate cuts.Trump on Monday fired Cook over claims of...Reuters
Tue, Aug 26
Other
Trump threatens more tariffs for countries with digital taxes
By Kanishka Singh WASHINGTON, Aug 25 (Reuters) - U.S. President Donald Trump on Monday threatened countries that have digital taxes with "subsequent additional tariffs" on their goods if those nations do not remove such legislation.Sources said earlier that the Trump administration was co...Reuters
Tue, Aug 26
Stocks
Is NuScale Power Stock a Buy Now?
Key PointsNuScale Power is attempting to build small scale modular nuclear reactors commercially.The company is working to finalize a deal to sell its first six reactors to Romanian power company RoPower.The stock is up 300% over the past year.10 stocks we like better than NuScale Power › NuScale Po...The Motley Fool
Tue, Aug 26
Commodities
Bid by Elliott affiliate emerges as front runner in Citgo auction, filing says
HOUSTON, Aug 25 (Reuters) - A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum said on Monday a bid by an affiliate of hedge fund Elliott Investment Management is considered superior to an offer by a group led by miner Gold Reserve GRZ.V, wh...Reuters
Tue, Aug 26
Commodities
U.S. Plains HRW Wheat-Basis steady; protein premiums firm
CHICAGO, Aug 25 (Reuters) - Spot basis bids for hard red winter wheat were mostly flat at grain elevators in the southern U.S. Plains on Monday as K.C. HRW wheat futures sagged.K.C. September hard red winter wheat futures KWU25 settled down 1-1/4 cents on Monday at $4.96-3/4 per bushel after posting...Reuters
Tue, Aug 26
Stocks
REFILE-GLOBAL MARKETS-US dollar, Treasuries slide on latest Trump attack on Fed
By Rocky Swift and Kevin Buckland TOKYO, Aug 26 (Reuters) - The dollar and U.S. Treasuries slid in Asian trading on Tuesday after President Donald Trump announced he was removing a Federal Reserve governor, which undermined confidence in U.S. assets.The dollar fell against the yen and euro after ...Reuters
Tue, Aug 26
Forex
FOREX-Dollar drops after Trump fires Fed's Cook
Dollar stumbles after Trump's announcementMarkets recalibrate, rate cuts seen more likelyCook's removal intensifies investor worries over Fed independenceBy Gregor Stuart Hunter SINGAPORE, Aug 26 (Reuters) - The U.S. dollar surrendered gains in early trading in Asia on Tuesday after U.S. ...Reuters
Tue, Aug 26
Other
Korean Air makes airline's biggest-ever Boeing jet order amid Trump-Lee summit
Korean Air's $50 billion order includes 103 Boeing planes, GE enginesOrder coincides with South Korean president's visit to WashingtonDeal aids Korean Air's expansion and integration with Asiana AirlinesBy David Shepardson WASHINGTON, Aug 25 (Reuters) - Korean Air 003490.KS announced ...Reuters
Tue, Aug 26
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