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EXCLUSIVE-Pakistan, India close to completing border troop reduction, senior Pakistani general says
Pakistan, India had built up troops along border region during conflictPakistani general warns of threat of escalation in futureMirza warns there might not be enough time for future international mediationBy Idrees Ali and Raju Gopalakrishnan SINGAPORE, May 30 (Reuters) - Pakistan and India are c...Reuters
Fri, May 30
Economic Indicator
Ray Dalio’s Prescription for U.S. Fiscal Deficit: Three Steps to Bring the Deficit-to-GDP Ratio Down to 3%
TradingKey - Although Trump’s tax and spending bill has narrowly passed the House of Representatives, concerns over the U.S. fiscal deficit continue to unsettle global investors. Ray Dalio believes that the U.S. government should aim to reduce its annual budget deficit from around 7% of GDP down...TradingKey
Fri, May 30
Stocks
Hiscox shares rise; Berenberg re-initiates coverage with 'buy'
** British insurer Hiscox Ltd HSX.L up 2.1% at 1,279p** Stock among top pct gainers on FTSE 100 index .FTSE, which is up 0.63%** Berenberg re-initiates coverage on HSX with "buy" rating and PT 1,450p ** Hiscox sets target to accelerate retail premium growth to double digits by 2028 at its ma...Reuters
Fri, May 30
Economic Indicator
EXCLUSIVE-Trump aims to exceed first term's weapons sales to Taiwan, officials say
Taiwan weapons sales over coming four years could 'easily' exceed levels in first Trump termU.S. officials ask Taiwan opposition not to oppose defense budget increasesSales could ease worries over Trump's commitment to TaipeiBy Michael Martina, Yimou Lee and Ben Blanchard WASHINGTON/T...Reuters
Fri, May 30
Cryptocurrencies
Ethereum Repeating Early 2024’s Playbook – $3,800 Target In Sight?
This week, Ethereum (ETH) has reclaimed the $2,600 level as support for the first time since February, and it’s pushing to retest the next key resistance after a breakout from a short-term pattern. Some analysts suggest that ETH’s rally could target its Macro Range high area in the coming weeks. Eth...NewsBTC
Fri, May 30
Cryptocurrencies
Bitcoin Holds Steady With Neutral Funding Rates, Leaving Room To Rally – Details
Bitcoin (BTC) has remained range-bound for the better part of the last week, hovering just below its latest all-time high (ATH) of $111,980 reached on May 21. Despite this milestone, speculative activity appears to be subdued, as funding rates on Binance – one of the largest crypto exchanges &...Bitcoinist
Fri, May 30
Stocks
Bitcoin's Market Cap Is Now Higher Than These 3 Tech Giants. Can It Still Soar Higher?
Bitcoin (CRYPTO: BTC) has hit record levels in May as the bullishness around the top cryptocurrency remains strong. After sliding earlier this year, during the past three months, it has rallied by about 30%. With a market cap of more than $2.1 trillion (as of May 29), it is far and away the most val...The Motley Fool
Fri, May 30
Stocks
Warren Buffett Just Called Dollar-Cost Averaging "the Dumbest Thing in the World." But There's 1 Key Exception.
Many financial experts tout dollar-cost averaging as a smart way to invest your money in the stock market. Warren Buffett disagrees, at least in some cases.Dollar-cost averaging is a strategy in which you take a set amount of cash and invest it in securities on a periodic basis. It's often advised f...The Motley Fool
Fri, May 30
