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US-China tariff talks 'a bit stalled,' needs Trump, Xi input, Bessent says
May 29 (Reuters) - U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.Two weeks after breakthrough n...Reuters
Thu, May 29
Commodities
US terminal operator warns its ethane, butane exports to China could fall
May 29 (Reuters) - Enterprise Products Partners EPD.N on Thursday said its ethane and butane exports could be hurt by a U.S. Department of Commerce requirement that it apply for a license to export to China.The United States has ordered a broad swathe of companies to stop shipping goods, including e...Reuters
Thu, May 29
Forex
Japanese life insurers cut protection against stronger Yen to fresh 14-year low - Bloomberg
Japanese life insurers cut protection for their foreign assets against a stronger Japanese Yen (JPY) to a fresh 14-year low, signaling subdued expectations of a sustained rally in the JPY, per Bloomberg.Fxstreet
Thu, May 29
Stocks
UMB Financial Says Pricing Of An Underwritten Offering Of 12 Million Depositary Shares At $25 Per Depositary Share
May 29 (Reuters) - UMB Financial Corp UMBF.O:UMB FINANCIAL CORPORATION ANNOUNCES PRICING OF AN UNDERWRITTEN OFFERING OF 12,000,000 DEPOSITARY SHARES REPRESENTING INTERESTS IN ITS SERIES B PREFERRED STOCKUMB FINANCIAL CORP - OFFERING PRICED AT $25 PER DEPOSITARY SHAREReuters
Thu, May 29
Other
US FAA extends program allowing Boeing to conduct agency tasks like inspections
Long-time program allows Boeing to conduct tasks on FAA behalfCritics have said the FAA did not ensure adequate oversightAgency says it will closely monitor Boeing actionsBy David Shepardson WASHINGTON, May 29 (Reuters) - The U.S. Federal Aviation Administration said on Thursday it would extend b...Reuters
Thu, May 29
Other
Unilever's Ben & Jerry's calls war in Gaza a 'genocide'
By Jessica DiNapoli NEW YORK, May 29 (Reuters) - The independent board of Ben & Jerry's said the conflict in Gaza is a genocide, escalating a bitter feud between the ice cream maker and its longtime London-based corporate parent Unilever ULVR.L."Ben & Jerry's believes in human...Reuters
Thu, May 29
Economic Indicator
Fed's Daly says inflation her main focus right now
Daly says modestly restrictive policy remains necessaryFed not facing policy tradeoffs now, Daly saysTwo Fed rate cuts possible this year, Daly says, but wide range of risksBy Ann Saphir OAKLAND, California, May 29 (Reuters) - U.S. Federal Reserve policymakers could still cut interest rates twice...Reuters
Thu, May 29
Other
Meyer Burger Says Shuts Down Solar Module Production And Lays Off 282 Employees In U.S.
May 29 (Reuters) - Meyer Burger Technology AG MBTN.S:MEYER BURGER TECHNOLOGY AG - SHUTS DOWN SOLAR MODULE PRODUCTION AND LAYS OFF 282 EMPLOYEES IN U.S.MEYER BURGER TECHNOLOGY AG - FUTURE OF SITE IS UNCERTAINMEYER BURGER TECHNOLOGY AG - STILL IN TALKS WITH AN AD HOC GROUP OF BONDHOLDERS ABOUT RESTRUC...Reuters
Thu, May 29
Cryptocurrencies
SEC warns cryptocurrency users not to expect bailouts from the commission
SEC Commissioner Hester Peirce, fondly called crypto mom, stated that the SEC withdrawing from over-enforcement does not mean it will not move in cases of clear violations in the crypto space. Under new leadership, the U.S. Securities and Exchange Commission (SEC) has decided to drop several crypto-related lawsuits and probes. However, that doesn’t mean the […]Cryptopolitan
Thu, May 29
Forex
GBP/USD recovers 1.35 ahead of key US inflation data
GBP/USD made a choppy relief rally on Thursday, jumping back into the 1.3500 handle as markets gear up for the latest batch of United States (US) Personal Consumption Expenditure Price Index (PCE) inflation figures due on Friday.
Fxstreet
Thu, May 29
