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Soccer-Cruz Azul thrash Vancouver Whitecaps to CONCACAF Champions Cup title
MEXICO CITY, June 1 (Reuters) - Mexican club Cruz Azul clinched a record-equalling seventh CONCACAF Champions Cup title with a crushing 5-0 victory over Canada's Vancouver Whitecaps in the final at the Olympic Stadium on Sunday.Hosts Cruz Azul struck early, taking the lead in the eighth minute ...Reuters
Mon, Jun 2
Stocks
GLOBAL MARKETS-Asia shares, dollar slip as tariff tensions darken mood
Asian stock markets: https://tmsnrt.rs/2zpUAr4Nikkei slips, S&P futures weighed by risk-off mood Dollar down before jobs data, steel levies deadline ECB seen cutting rates, BoC on hold Oil bounces on relief OPEC did not raise output even furtherBy Wayne Cole SYDNEY, June 2 (Reuters) - Asian s...Reuters
Mon, Jun 2
Other
China rejects Trump's accusation that it breached Geneva trade deal
June 2 (Reuters) - China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to safeguard its interests. The comment by the commerce ministry was in r...Reuters
Mon, Jun 2
Cryptocurrencies
XRP Price at Risk of More Losses — Can Key Support Hold?
XRP price started a fresh decline below the $2.220 zone. The price is now correcting losses and might aim for a move above the $2.20 resistance. XRP price started a fresh decline below the $2.220 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a key bear...NewsBTC
Mon, Jun 2
Forex
Australian Dollar rises on US economic concerns amid Trump’s new tariff threats
The Australian Dollar (AUD) appreciated against the US Dollar (USD) by over 0.50% on Monday. The AUD/USD pair rises as the Greenback may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US).
Fxstreet
Mon, Jun 2
Economic Indicator
Japan Q1 capital spending hits record but some export sectors weak
Capex jumped 6.4%, previous record was set in 2007Food and real estate industries show double-digit increases Car and factory equipment makers cut spending due to tariff painBy Makiko Yamazaki TOKYO, June 2 (Reuters) - Investment by Japanese companies in plants and equipment surged to a record in...Reuters
Mon, Jun 2
Forex
Japanese Yen bulls retain control amid hawkish BoJ expectations, safe-haven buying
The Japanese Yen (JPY) remains on the front foot against its American counterpart for the third consecutive day on Monday and seems poised to strengthen further amid a combination of supporting factors.
Fxstreet
Mon, Jun 2
Other
MOVES-Citi names Bank of America veteran Zhang as new China country head
By Selena Li HONG KONG, June 2 (Reuters) - Citigroup C.N said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit of its former China head in November.Zhang was also named president and executive director of Citibank China, the company sa...Reuters
Mon, Jun 2
Stocks
Japan's Nikkei falls on worries about US-China trade tension, stronger yen
TOKYO, June 2 (Reuters) - Japan's Nikkei share average fell on Monday, dragged lower by worries over trade tensions between the U.S. and China, and a stronger yen, which hurt automakers. As of 0204 GMT, the Nikkei .N225 dropped 1.4% at 37,428.14 and the broader Topix .TOPX slipped 1.02% to 2773....Reuters
Mon, Jun 2
Forex
USD/INR gains momentum on RBI rate cut bets
The Indian Rupee (INR) extends the decline on Monday. A rise in crude oil prices drags the Indian currency lower. It’s worth noting that India is the world's third-largest oil consumer, and higher crude oil prices tend to have a negative impact on the INR value.Fxstreet
Mon, Jun 2
Cryptocurrencies
PRESS DIGEST-British Business - June 2
June 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- IG Group IGG.L, a UK-listed online trading provider, will launch a service this week allowing British retail inve...Reuters
Mon, Jun 2
Stocks
Australia's James Hardie gains on securing $3.5 billion credit to fund US deal
** James Hardie Industries JHX.AX shares up 2.7% at A$36.38** Fibre-cement maker's stock marks its biggest intraday gain since May 13** Co secures $3.5 billion in senior credit facilities to support ops and acquisition of U.S.-listed AZEK AZEK.N** Co says credit facilities secured from 30 banks ...Reuters
Mon, Jun 2
Stocks
Hong Kong shares dip to three-week low as tariff concerns flare again
HONG KONG, June 2(Reuters) - Hong Kong stocks weakened to a three-week low in early trade on Monday as renewed Sino-U.S. tariff tensions weighed on sentiment.The city's benchmark Hang Seng Index .HSI slipped 2.4% to 22,734.05, the lowest level since May 8, while Hang Seng China Enterprises Index...Reuters
Mon, Jun 2
Cryptocurrencies
Ethereum Price Stabilizes After Drop — Can Bulls Regain Control?
Ethereum price started a fresh decline from the $2,620 resistance zone. ETH is now trading below $2,580 and might continue to move down. Ethereum started a downside correction below the $2,600 level. The price is trading below $2,600 and the 100-hourly Simple Moving Average. There was a break above ...NewsBTC
Mon, Jun 2
Stocks
Australia's BlueScope surges on Trump's plan to double tariffs on steel imports
By Nikita Maria Jino June 2 (Reuters) - Shares of Australian steel producer BlueScope Steel BSL.AX jumped on Monday to a more than three-month high after U.S. President Donald Trump said he planned to double tariffs on imported steel.Shares of BlueScope, which operates five businesses in North Am...Reuters
Mon, Jun 2
Other
Russia security service thwarts Ukraine-ordered railway sabotage attempt, RIA reports
June 2 (Reuters) - Russia's Security Service FSB thwarted an attempted arson attack on Russia's railway transportation in the far eastern region of Primorsky Krai, or Primorye, that was to be conducted on Ukraine's order, the RIA news agency reported on Monday. "It was established th...Reuters
Mon, Jun 2
Economic Indicator
Asia's factory activity shrinks in May as US tariffs bite
Japan's PMI shrinks for 11th month in MaySouth Korea's factory activity also contracts in MayUS trade uncertainty to keep firms from investing, analysts sayBy Leika Kihara TOKYO, June 2 (Reuters) - Asia's factory activity shrank in May as soft demand in China and the impact of U.S. ta...Reuters
Mon, Jun 2
