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Stocks
PRECIOUS-Gold prices edge down as traders monitor US-China talks
US, China hold trade talks for second day in London US dollar was up 0.2%US CPI data due on WednesdayPlatinum eases after hitting its highest price since 2021 By Sarah Qureshi June 10 (Reuters) - Gold prices edged lower on Tuesday as traders closely monitored U.S.-China talks, the outcome of whic...Reuters
Tue, Jun 10
Cryptocurrencies
American Bitcoin to produce Bitcoin below-market cost
American Bitcoin, a mining company backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has accumulated 215 BTC worth over $23 million since its founding in April this year. In a filing submitted to the SEC, the company, formally known as ABTC, said that it views Bitcoin as a long-term […]Cryptopolitan
Tue, Jun 10
Other
Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports
June 10 (Reuters) - U.S. Treasury Secretary Scott Bessent has emerged as a possible candidate to succeed Federal Reserve Chair Jerome Powell, Bloomberg News reported on Tuesday, citing people familiar with the matter, a report immediately denied by the White House.Bessent joins a small list of Fed c...Reuters
Tue, Jun 10
Stocks
Insmed hits more than two-decade high as rare lung disease drug succeeds in trial
** Shares of drugmaker Insmed INSM.O rise as much as 30% to a nearly 24-year high of $91.86** Co says its treprostinil palmitil inhalation powder met the main goal in a mid-stage trial by reducing blood flow resistance in the lungs by 35% when compared to placebo** Stock set for its best day in over...Reuters
Tue, Jun 10
Other
US Justice Department 'weaponization' reviews spark calls to drop prosecutions
DOJ prosecution of former Tennessee politician nearly dismissed amid lobbying over weaponization, sources say"Weaponization" claims follow Trump's complaintsDOJ facing growing lobbying over weaponization claims, leading senior official to ask defense lawyers to tone it downBy Sarah N. Ly...Reuters
Tue, Jun 10
Economic Indicator
Blackstone to invest $500 bln in Europe over next decade, CEO tells Bloomberg Television
June 10 (Reuters) - Blackstone BX.N is planning to invest up to $500 billion in Europe over the next decade, CEO Steve Schwarzman told Bloomberg Television in an interview on Tuesday, underscoring the increasing confidence in the region's prospects.Schwarzman said Europe represents a "major ...Reuters
Tue, Jun 10
Other
LA mayor says she'll call Trump, tell him to stop immigration raids
June 10 (Reuters) - Los Angeles Mayor Karen Bass said she would try to call President Donald Trump on Tuesday to tell him to stop federal immigration raids and instead focus attention on the 2026 World Cup, which will include some matches in the city."I'm going to put out a call to him today...Reuters
Tue, Jun 10
Forex
Canadian Dollar trades steady as Loonie bidding holds firm
The Canadian Dollar (CAD) kicked back into recent highs against the US Dollar (USD) on Tuesday, keeping the USD/CAD pair restrained below the 1.3700 handle. Markets are increasingly focused on trade headlines and looming US Consumer Price Index (CPI) inflation data due on Wednesday.
Fxstreet
Tue, Jun 10
Stocks
Hospital operators down after White House memo calls for eliminating waste in Medicaid
** Shares of hospital operators Universal Health Services UHS.N down 1.5% at $175.14, Tenet Healthcare THC.N fall 4.3% to $159.02 and HCA Healthcare HCA.N down 1.3% to $368.31 - on track for second straight session of losses** Shares fell after a White House memo on June 6 directed health secretary ...Reuters
Tue, Jun 10
Other
Sean 'Diddy' Combs' ex accuses him of abuse but testifies she still loves him
'He was my baby,' says woman identified as Jane Prosecutors say Combs used threats to coerce participation in sexual encountersDefense portrays accuser as willing participantJane says she researched terms to understand Combs' desiresBy Luc Cohen NEW YORK, June 10 (Reuters) - An ex-gir...Reuters
Tue, Jun 10
Cryptocurrencies
Pump.fun makes another $20M deposit to Kraken
Pump.fun crossed the $400M threshold for realized gains in 2025, with regular deposits to Kraken. The platform remains a top fee producer, though retaining most of the value and extracting it from the crypto ecosystem.Cryptopolitan
Tue, Jun 10
Other
Israeli gunfire kills 17 people near Gaza aid site, health officials say
Israelis fire as thousands approach GHF aid site, Gaza authorities sayMany Gazans say they must walk for hours to reach the sitesAccess routes to the sites are beset by chaos, witnesses sayIsrael said warning shots were fired at suspectsBy Nidal al-Mughrabi CAIRO, June 10 (Reuters) - Israeli gunf...Reuters
Tue, Jun 10
Other
Stellantis extends Italy voluntary redundancy scheme
ROME, June 10 (Reuters) - Stellantis STLAM.MI has expanded its voluntary redundancy scheme for Italy, affecting almost 700 workers at two plants in the south of the country, and bringing to almost 2,500 the planned workforce reduction this year, the carmaker said late on Tuesday."The company, wi...Reuters
Tue, Jun 10
Stocks
US STOCKS-Wall Street muted as investors track progress of US-China trade talks
J.M. Smucker falls after downbeat forecastWorld Bank cuts global growth forecast for 2025S&P 500 +0.36%, Nasdaq +0.29%, Dow +0.26%By Noel Randewich and Sukriti Gupta June 10 (Reuters) - The S&P 500 climbed on Tuesday, lifted by Tesla's gains as investors awaited results from U.S.-Chin...Reuters
Tue, Jun 10
Cryptocurrencies
Abu Dhabi expects more rapid growth for its financial centre
By Marc Jones LONDON, June 10 (Reuters) - The rush of financial firms setting up in Abu Dhabi to tap the oil-rich emirate's wealth funds and Middle East markets will continue at pace, the official in charge of expanding its financial hub has predicted. Abu Dhabi, which holds 90% of UAE...Reuters
Tue, Jun 10
Other
Tennis-Raducanu leads British trio into Queen's Club second round, Krejcikova crashes out
LONDON, June 10 (Reuters) - Emma Raducanu had a comfortable straight sets win over Spain's Cristina Bucsa and was one of three Britons to reach the second round of the WTA 500 tournament at Queen's Club on Tuesday, while Wimbledon champion Barbora Krejcikova crashed out.Bucsa had won their o...Reuters
Tue, Jun 10
Other
NTSB to hold hearing into fatal American Airlines collision with Army helicopter
WASHINGTON, June 10 (Reuters) - The National Transportation Safety Board will hold a three-day investigative hearing into the Jan. 29 collision of a Black Hawk helicopter with an American Airlines AAL.O passenger jet near Reagan Washington National Airport killing 67 people, the board's chair sa...Reuters
Tue, Jun 10
Other
Drug pricing reform talks with US government lack clarity, industry executives say
By Bhanvi Satija and Christy Santhosh June 10 (Reuters) - Talks with the Trump administration about lowering U.S. drug prices have so far not provided clarity on when and how reduced prices will be implemented, top executives from Eli Lilly LLY.N and Merck MRK.N said at an industry conference on ...Reuters
Tue, Jun 10
Stocks
GLOBAL MARKETS-Stocks, dollar edge up as investors track US-China trade talks
Wall Street stocks tick higherInvestors await details from US-China trade talksDollar steadies; oil gainsWorld Bank slashes global growth forecastBy Lawrence Delevingne and Amanda Cooper BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar held steady on Tuesday as trade talks between ...Reuters
Tue, Jun 10
