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Commodities
Silver prices surge to multi-year highs, posting intraday gains near 3.50%
Silver (XAG/USD) surged sharply on Thursday, rallying nearly 4% intraday and reaching their highest level in more than a decade, as precious metals continue to attract investors amid escalating trade tensions and increased US Dollar outflows.
Fxstreet
Thu, Jun 5
Other
Tennis-Four-time champ Swiatek knocked out of French Open semi-finals by Sabalenka
By Karolos GrohmannPARIS, June 5 (Reuters) - Four-time champion Iga Swiatek crashed out of the French Open semi-finals after a 6-7(1) 6-4 0-6 defeat to world number one Aryna Sabalenka on Thursday, ending her 26-game winning streak in the tournament.Sabalenka's power was too much for the defendi...Reuters
Thu, Jun 5
Stocks
1 Top REIT to Buy Hand Over Fist in June for Passive Income
Investing in real estate can be a terrific way to make passive income. Tenants pay rent, which should cover all property expenses with room to spare, providing the landlord with income. One of the easiest ways to make passive income from real estate is to invest in a real estate investment trust (RE...The Motley Fool
Thu, Jun 5
Stocks
LIVE MARKETS-Past is prologue: Downbeat data ahead of May payrolls
Main US indexes up; Nasdaq in the leadInfo tech up most among S&P sector gainers; staples biggest laggardEuro STOXX 600 index up ~0.1%; ECB cuts 25 bpsDollar off; gold dips; bitcoin up; crude gains ~1%US 10-Year Treasury yield rises to ~4.39%Welcome to the home for real-time coverage of markets ...Reuters
Thu, Jun 5
Stocks
GLOBAL MARKETS-US stocks inch higher on hopes of progress in US-China trade talks
Weak US economic data impacts stock market performanceTrump-Xi call raises hopes for trade dispute resolutionECB cuts rates as expected; Lagarde sets table for summer pauseBy Stephen Culp NEW YORK, June 5 (Reuters) - Wall Street wavered and crude prices jumped on Thursday as investors juggled new...Reuters
Thu, Jun 5
Commodities
Brazil's BRF confident bird flu crisis will be over soon
SAO PAULO, June 5 (Reuters) - Brazilian food processor BRF BRFS3.SA is confident companies will be able to resume chicken exports in a matter of days as authorities have so far been able to control a bird flu outbreak on a commercial chicken farm in southern Brazil. Speaking at an industry event in ...Reuters
Thu, Jun 5
Economic Indicator
Irish corporate tax falls sharply as one-off boost falls away
DUBLIN, June 5 (Reuters) - Growth in Ireland's underlying tax revenue for the first five months of the year slowed to 3.6% after a sharp dip in corporate tax receipts in May that the finance ministry said was due to one-off factors from a year ago falling away.Ireland has collected record levels...Reuters
Thu, Jun 5
Stocks
Procter & Gamble to cut 7,000 jobs, exit brands as consumer uncertainty weighs
By Aishwarya Venugopal and Jessica DiNapoli June 5 (Reuters) - Procter & Gamble PG.N will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by U.S. tariffs that have roiled numerous consumer companies.The world&...Reuters
Thu, Jun 5
Other
Here are the countries targeted in Trump's new travel ban
June 5 (Reuters) - U.S. President Donald Trump signed a proclamation on Wednesday banning the nationals of 12 countries from entering the United States, saying the move was needed to protect against "foreign terrorists" and other security threats.WHEN DOES IT COME INTO EFFECT? The procla...Reuters
Thu, Jun 5
Economic Indicator
Australia is 'safe and reliable' critical minerals alternative, minister says
Australia aims to refine minerals, not just "dig and ship"Australia sends trade officials to Brussels for EU trade talksFarrell urges US to remove tariffs on aluminium and steel PARIS, June 5 (Reuters) - Australia offers a secure alternative supply for critical minerals vital to industry,...Reuters
Thu, Jun 5
Stocks
Vermilion Energy gains after US assets sale, raises annual production forecast
** Shares of Canadian gas producer Vermilion Energy VET.TO rise 1.2% to C$9.24** Company to sell its U.S. assets for C$120 million ($87.91 million)** Adds that using the proceeds it will repay debt and complete its exit from the U.S. market** Company also raises its annual production forecast to bet...Reuters
Thu, Jun 5
Stocks
Investing $15,000 Into Each of These 3 Stocks 5 Years Ago Would Have Created a Portfolio Worth $1 Million Today
If you want to achieve significant gains in the stock market, you'll probably want to plan to hold on and remain invested for many years, or even decades. But in some cases, big payoffs can come much faster than that. The benefit of investing in growth stocks is that they have the potential to deliv...The Motley Fool
Thu, Jun 5
Other
Skadden Foundation leader resigns following Trump deal
By David Thomas June 5 (Reuters) - The executive director of Skadden Arps Slate Meagher & Flom's fellowship foundation said on Wednesday she resigned from her position, more than two months after the law firm agreed to provide President Donald Trump with $100 million in free legal service...Reuters
Thu, Jun 5
Commodities
Mali hearing on Barrick's suspended Loulo-Gounkoto complex adjourned to June 12
BAMAKO, June 5 (Reuters) - A Malian court has adjourned until June 12 a hearing on whether to put the Loulo-Gounkoto gold mining complex, suspended since January due to a dispute between its owner Barrick Mining and Mali's government, under provisional administration, a judge said on Thursday. ...Reuters
Thu, Jun 5
Economic Indicator
NY Fed data shows slight rise in supply chain pressure in May
By Michael S. DerbyJune 5 - Supply chain stress ticked up a hair in May, data from the Federal Reserve Bank of New York said Thursday.The bank said its Global Supply Chain Pressure Index for May rose to 0.19 from -0.28 in April. Positive readings denote above average levels of stress and while May’s...Reuters
Thu, Jun 5
Commodities
Africa Finance Corp to sign $320 million deal with Italy to bolster Lobito funding
Italy supports Lobito corridor to counter Chinese mineral controlAFC aims to raise $2-3 billion annually, $1 billion raised so farUpcoming Rome meeting to focus on Lobito corridor projectLobito corridor links Angolan port with Zambia, DRC mineral fieldsBy Duncan Miriri NAIROBI, June 5 (Reuters) -...Reuters
Thu, Jun 5
Other
Ukraine dollar bonds slide as investors' hopes for ceasefire dim
LONDON, June 5 (Reuters) - Ukraine's international bonds slid by more than 2 cents, Tradeweb showed on Thursday, as investor hopes for an imminent ceasefire dimmed. The bonds linked to economic output maturing in 2035 and 2036 fared the worst, shedding roughly 2.5 cents to bid under 43 cents on ...Reuters
Thu, Jun 5
Stocks
EMERGING MARKETS-Latam FX scales 14-year peak amid tariff chaos
LATAM FX up 0.4%, stocks up 0.7%Mexico consumer confidence improves in MayKimberly-Clark sells major stake in international tissue unit to SuzanoBrazil's trade balance figures due later in the dayBy Nikhil Sharma June 5 (Reuters) - Latin American currencies scaled a 14-year peak on Thursday a...Reuters
Thu, Jun 5
