News
Important Only
Other
REFILE-PRESS DIGEST-Wall Street Journal - June 17
June 17 (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. - Oracle is unveiling a program that it says will help vendors more easily sell technology, including artificial intelligence, to the De...Reuters
Tue, Jun 17
Stocks
Best Stock to Buy Right Now: Constellation Brands vs. Anheuser-Busch InBev
Constellation Brands (NYSE: STZ) and Anheuser-Busch InBev (NYSE: BUD) both sell alcohol. The former produces beer, wine, and spirits, and the latter is the world's largest brewer by volume.Typically, alcohol companies do well in good and bad times. Of course, these remain uncertain times, particular...The Motley Fool
Tue, Jun 17
Commodities
New Zealand PM to discuss trade, tourism and security on first visit to China
First visit to China since becoming PM in 2023Luxon to visit Beijing, Shanghai to strengthen economic tiesAlso expected to discuss security, defence issuesBy Liz Lee and Lucy Craymer BEIJING/WELLINGTON, June 17 (Reuters) - New Zealand's Prime Minister Christopher Luxon will visit China from T...Reuters
Tue, Jun 17
Cryptocurrencies
Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign for Bitcoin?
On-chain data shows the exchange inflows related to the stablecoins USDT and USDC have seen a sharp plunge. Here’s what this could mean for Bitcoin and other cryptocurrencies. Stablecoin Exchange Inflows Have Dropped Below Yearly Average In a new post on X, CryptoQuant author Axel Adler Jr has...NewsBTC
Tue, Jun 17
Cryptocurrencies
Forza Crypto! Top Exchange Token Soars 30% Following Collab With Italian Giant Juventus
European exchange WhiteBIT signed a three-year deal with Italian football giant Juventus to become the club’s Official Cryptocurrency Exchange Partner, aiming to increase fan interaction and support commercial and community goals. Related Reading: Bitcoin Is The Plan: Metaplanet’s $210-M Bond Issuan...Bitcoinist
Tue, Jun 17
Other
Hansa And Ocean Wilsons Announce Possible All-Share Combination
June 17 (Reuters) - Ocean Wilsons Holdings Ltd OCN.L:HANSA INVESTMENT CO HANSA INVEST-HANA OCEAN WILSONS HLDGS - POSSIBLE COMBINATIONOCEAN WILSONS HOLDINGS LTD - HANSA AND OCEAN WILSONS ANNOUNCE POSSIBLE ALL-SHARE COMBINATIONOCEAN WILSONS HOLDINGS LTD - COMBINED GROUP TO HAVE NET ASSETS EXCEEDING £...Reuters
Tue, Jun 17
Cryptocurrencies
Pepe Price Prediction: PEPE risks breakdown as holders realize losses, momentum fades
Pepe (PEPE) price is approaching a key ascending trendline level at $0.0000103 at the time of writing on Tuesday. A daily close below this level would signal a correction ahead. On-chain data also supports the bearish outlook, as PEPE holders are realizing losses.Fxstreet
Tue, Jun 17
Forex
EUR/GBP extends the rally above 0.8500 ahead of ZEW Economic Sentiment Surveys
The EUR/GBP cross extends its upside to near 0.8520 during the early European trading hours on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as traders expect the European Central Bank (ECB) to pause its easing cycle to assess the impact of new US tariffs.
Fxstreet
Tue, Jun 17
Forex
Asian bonds draw biggest foreign inflows in nearly a decade in May
June 17 (Reuters) - Foreign investments in Asian bonds hit a near-10 year high in May, driven by a weaker dollar, concerns over U.S. fiscal risks, and expectations of rate cuts in regional economies.Foreign investors bought Asian bonds worth $15.29 billion on a net basis in May, the most for a m...Reuters
Tue, Jun 17
Stocks
Investor sentiment recovers to “Goldilocks bull” levels, BofA says
MILAN, June 17 (Reuters) - Global investor sentiment recovered in June to pre-Liberation day "Goldilocks bull" levels, as trade war and recession fears abated, Bank of America's monthly global fund manager survey (FMS) showed on Tuesday.That drove cash levels down to 4.2% versus 4.8% in ...Reuters
Tue, Jun 17
Other
Trump says his G7 summit departure not linked to any Israel-Iran ceasefire offer
Trump left G7 summit early due to situation in Middle EastMacron said U.S. made Israel-Iran ceasefire proposalTrump says Macron 'always gets it wrong'Trump administration says it is still seeking nuclear deal with IranBy Kanishka Singh WASHINGTON, June 16 (Reuters) - Donald Trump said...Reuters
Tue, Jun 17
Other
Specialty market remains cautious following Israel-Iran conflict escalation
Israeli airspace considered closed, airlines move planes outPVT market appetite likely to contract, source saysConflict raises Persian Gulf risk although commercial shipping yet to be targetedBy Michael Jones June 17 - (The Insurer) - Underwriters across several specialty insurance lines are adop...Reuters
Tue, Jun 17
Stocks
Japan's Nikkei hits 4-month high on Wall Street's lead; BOJ lifts banks
Risk sentiment improves as Iran seeks ceasefire with IsraelBank of Japan holds rates steady, hints at future tighteningChip shares outperform, tracking gains among U.S. peersBy Kevin Buckland TOKYO, June 17 (Reuters) - Japan's Nikkei share average advanced to a four-month high on Tuesday, tra...Reuters
Tue, Jun 17
Stocks
UK Stocks-UK Factors to watch on June 17
June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.6%.* ASOS: British online fashion retailer ASOS ASOS.L named Aaron Izzard, director of group finance, as its new CFO as the current finance boss, Dave Murray, will be stepping down on J...Reuters
Tue, Jun 17
Stocks
Indian shares dip as Middle East tensions dent sentiment
** India's benchmark indexes Nifty 50 .NSEI and Sensex .BSESN lose about 0.3% each as rising Middle East tensions weigh on sentiment** Barring IT and realty, all the other 11 major sectors decline; the broader small-caps .NIFSMCP100 and midcaps .NIFMDCP100 drop 0.4% each** Crude oil futures LCOc...Reuters
Tue, Jun 17
Other
Legal & General expects 2025 core operating profit to grow 6%-9%
LONDON, June 17 (Reuters) - British insurer Legal & General LGEN.L expects 2025 group core operating earnings per share to grow between 6% and 9%, in line with its three-year targets, it said on Tuesday. It will announce a strategy for its asset management unit later on Tuesday, including pl...Reuters
Tue, Jun 17
Other
Euro zone yields edge up; Lagarde cites 'global euro moment'
LONDON, June 17 (Reuters) - Euro zone bond yields edge up in early trading on Tuesday, taking their cue from a relatively subdued overnight session in U.S. Treasuries, as fighting between Israel and Iran entered a fifth day. U.S. President Donald Trump urged Iranians to evacuate Tehran, cit...Reuters
Tue, Jun 17
