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Commodities
Trump's plan to hike steel tariffs to have 'minor' impact on India, says minister
By Neha Arora NEW DELHI, June 2 (Reuters) - India estimates a "minor impact" from U.S. President Donald Trump's plan to increase tariffs on steel and aluminium products as the South Asian country exports low volumes to Washington, the federal steel minister said on Monday. Trump said ...Reuters
Mon, Jun 2
Commodities
European industry hit hard by Trump tariffs, Salzgitter CEO warns
DUESSELDORF/FRANKFURT, June 2 (Reuters) - Salzgitter, Germany's second-biggest steelmaker, on Monday warned that Washington's tariff policy was dealing a severe blow to European industry, its CEO said after the U.S. administration unveiled plans to double steel import levies to 50%."An i...Reuters
Mon, Jun 2
Stocks
EMERGING MARKETS-Asian shares fall on Trump's steel tariff threat; currencies steady
Taiwan and Indonesia stocks down over 1.5%Asian FX firm as dollar weakness persistsTrump threatens to double tariffs on steel importsBy Roshan Thomas June 2 (Reuters) - Asian equities fell on Monday, dragged by losses in South Korean and Vietnamese steelmakers, after U.S. President Donald Trump t...Reuters
Mon, Jun 2
Stocks
EMERGING MARKETS-Asian shares fall on Trump's steel tariff threat; currencies steady
Taiwan and Indonesia stocks down over 1.5%Asian FX firm as dollar weakness persistsTrump threatens to double tariffs on steel importsBy Roshan Thomas June 2 (Reuters) - Asian equities fell on Monday, dragged by losses in South Korean and Vietnamese steelmakers, after U.S. President Donald Trump t...Reuters
Mon, Jun 2
Commodities
London copper rises on weaker dollar, but US-China trade conflict caps gains
By Hongmei Li SINGAPORE, June 2 (Reuters) - Copper prices in London climbed on Monday, supported by a weaker dollar, although renewed U.S.-China trade tensions raised supply chain concerns and limited further upside in metal prices.Benchmark three-month copper on the London Metal Exchange (LME) C...Reuters
Mon, Jun 2
Stocks
Got $100 to Invest? 1 Top Dividend Stock Yielding Over 4% You Can Buy Without Hesitation in June.
Buying dividend stocks can be a great way to grow your wealth. They can be powerful wealth creators over the long term. For example, data from Ned Davis Research and Hartford Funds shows that a hypothetical investor who put $100 into companies that pay a growing dividend would have seen that investm...The Motley Fool
Mon, Jun 2
Other
Exclusive: Gallagher Re names Lyon to lead Gallagher Securities UK
By Rebecca DelaneyJune 2 - (The Insurer) - Gallagher Re has appointed Ben Lyon as CEO of Gallagher Securities Limited and head of capital advisory, the reinsurance broker has confirmed to The Insurer. Lyon succeeds Brian Shea as CEO of Gallagher Securities in the UK. Shea, who has held the role sinc...Reuters
Mon, Jun 2
Cryptocurrencies
Ethereum Can Breaks $4K—Meanwhile, Lightchain AI Raises $20M+ at $0.007 With Eyes on a 100x Utility Surge
Ethereum may be eyeing a breakout past the $4,000 mark, but another project is quietly gaining serious ground—Lightchain AI. While legacy chains make headlines, Lightchain AI has already raised over $20.8 million in its presale at a fixed token price of $0.007, drawing attention for its long-term utility and smart infrastructure. Built for scalable, intelligent […]Cryptopolitan
Mon, Jun 2
Other
Exclusive: Hive enters space market with Kenneally hire
By Ryan HewlettJune 2 - (The Insurer) - Hive Underwriters has continued its expansion into a multiline specialty MGA with the launch of a space insurance offering led by Jack Kenneally, the company has confirmed to The Insurer. Kenneally will join the London-headquartered Lloyd’s coverholder after c...Reuters
Mon, Jun 2
Other
Fidelis sponsors $90 million cat bond in latest Herbie Re issuance
By Michael LoneyJune 2 - (The Insurer) - Fidelis Insurance Holdings Limited has closed a new catastrophe bond through the issuance of the Series 2025-1 notes by its Herbie Re Ltd program.The transaction is the seventh series of notes issued by Herbie Re and will provide Fidelis Insurance Group with ...Reuters
Mon, Jun 2
Stocks
Working While on Social Security? There's a Big Hidden Benefit, but an Equally Big Drawback
A lot of people wait until they retire to claim Social Security. And a lot of people also assume that once they retire, they shouldn't plan to work any longer.But working as a retiree offers a number of benefits. First, the extra money can be helpful. It could give you more spending flexibility and ...The Motley Fool
Mon, Jun 2
Other
Tiernan hails 'generational opportunity' of Lloyd's in first day as CEO
By Rebecca DelaneyJune 2 - (The Insurer) - Newly installed Lloyd's CEO Patrick Tiernan said on Monday that he has "big dreams" for the market, while also underlining areas of continuity from his predecessor across underwriting discipline, culture and principles-based oversight.In a Linke...Reuters
Mon, Jun 2
Other
Vietnam Airlines to finalise order for 50 Boeing 737 MAX jets 'very soon', executive says
NEW DELHI, June 2 (Reuters) - Flag carrier Vietnam Airlines HVN.HM will "very soon" finalise a provisional order for 50 Boeing BA.N 737 MAX jets that it made in 2023, a company executive told Reuters on Monday. The carrier will need up to 100 new narrow-body aircraft by 2035 to expand operat...Reuters
Mon, Jun 2
Cryptocurrencies
Elon Musk’s New XChat Uses ‘Bitcoin-Like’ Encryption—What It Means
Late Sunday, Elon Musk broke the news directly on X: “All new XChat is rolling out with encryption, vanishing messages and the ability to send any kind of file. Also, audio/video calling. This is built on Rust with (Bitcoin style) encryption, whole new architecture. You can do audio/video calls with...Bitcoinist
Mon, Jun 2
Cryptocurrencies
Mutuum Finance (MUTM) Price Prediction 2025: When Will It Hit $5?
Emerging as one of the most talked-about new crypto coins in 2025, Mutuum Finance (MUTM) is capturing investor attention with its ambitious roadmap and DeFi-driven growth potential. Currently still in presale, MUTM is positioned as a top crypto to invest in for those eyeing substantial returns before the year’s end. Crypto enthusiasts and analysts alike […]Cryptopolitan
Mon, Jun 2
Forex
GBP/USD rushes beyond 1.3500 as the US Dollar accelerates its reversal
The Pound is rallying at Monday’s London session opening times, favoured by an ailing US Dollar, which has reversed Friday’s gains following a new tariff threat by US President Trump and a fresh trade rift with China.Investors are selling the US Dollar on Monday, wary that a 50% tariff on Aluminu¡iu
Fxstreet
Mon, Jun 2
Stocks
Hiscox and Heritage led gains among P&C stocks as global markets recovered in May
Europe-based Stoxx 600 advanced 4.0% while the S&P 500 jumped 6.2% Hiscox and Talanx topped gains among P&C stocks in Europe, jumping 14.7% and 13.3%In the US, 20 out of 41 carriers recorded gains of more than 5%Brokers' shares also advanced, paring back April lossesBy Carlos PallordetJu...Reuters
Mon, Jun 2
