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Second group of Hong Kong democrats freed after 4 years in jail
HONG KONG, May 30 (Reuters) - Four people jailed in the landmark Hong Kong national security trial of "47 democrats" accused of conspiracy to commit subversion were freed on Friday after more than four years behind bars, the second group to be released in a month.Among those freed was long-t...
Reuters
Fri, May 30
Cryptocurrencies
Bitcoin Price Extends Losses — Is More Downside on the Horizon?
Bitcoin price started a fresh decline and tested the $104,600 zone. BTC is now consolidating and might struggle to recover above $107,500. Bitcoin started a fresh decline below the $107,500 zone. The price is trading below $107,000 and the 100 hourly Simple moving average. There is a connecting bear...
NewsBTC
Fri, May 30
Other
Trump administration considers allowing tariffs of up to 15% for 150 days, WSJ reports
May 29 (Reuters) - President Donald Trump's administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law that includes language allowing for tariffs of up to 15% for 150 days, the Wall Street Journal reported on Thursday, citing peop...
Reuters
Fri, May 30
Other
Chinese tech companies prepare for AI future without Nvidia, FT reports
May 29 (Reuters) - China's biggest technology companies have begun the process of switching to homegrown chips as they contend with a dwindling stockpile of Nvidia NVDA.O processors and tightening United States export controls, the Financial Times reported on Thursday. Alibaba 9988.HK, Tencent 0...
Reuters
Fri, May 30
Cryptocurrencies
SEC, Binance credit Crypto Task Force for resolution
According to Eleanor Terrett, the SEC and Binance have filed a joint stipulation seeking a dismissal in the agency’s ongoing litigation against the exchange. Terrett shared the news via her X page, attaching an image from the legal filing, which identified the SEC as the plaintiff and Binance Holdings Limited, BAM Trading Services Inc., BAM […]
Cryptopolitan
Fri, May 30
Other
Tat Technologies Ltd Says Pricing Of An Underwritten Public Offering Of 4.15 Million Ordinary Shares At Public Offering Price Of $26.00 Per Ordinary Share
May 29 (Reuters) - TAT Technologies Ltd TATT.TA:TAT TECHNOLOGIES LTD - PRICING OF AN UNDERWRITTEN PUBLIC OFFERING OF 4,150,000 ORDINARY SHARES AT PUBLIC OFFERING PRICE OF $26.00 PER ORDINARY SHARE
Reuters
Fri, May 30
Forex
PBOC sets USD/CNY reference rate at 7.1848 vs. 7.1907 previous
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1848 as compared to the previous day's fix of 7.1907 and 7.1859 Reuters estimate.
USD/CNH
Fxstreet
Fri, May 30
Other
Chinese Tech Groups Prepare For AI Future Without Nvidia- FT
May 29 (Reuters) - CHINESE TECH GROUPS PREPARE FOR AI FUTURE WITHOUT NVIDIA- FTSource text: https://tinyurl.com/8n6hwt8p
Reuters
Fri, May 30
Cryptocurrencies
SEC agrees to dismiss lawsuit against Binance without further charges
The US Securities and Exchange Commission (SEC) filed a joint stipulation with crypto exchange Binance on Thursday to dismiss its lawsuit against the company, its former CEO Changpeng Zhao (CZ), and its subsidiary, Binance US.
Fxstreet
Fri, May 30
Forex
USD/CAD softens to near 1.3800 ahead of US PCE, Canadian GDP releases
The USD/CAD pair trades in a negative territory around 1.3810 during the early Asian session on Friday. The concerns that a US court ruling would change the outlook for US tariffs weigh on the Greenback.
USD/CAD
Fxstreet
Fri, May 30
Cryptocurrencies
Bitcoin Short-Term Holders Lock In Gains: Data Suggests The Bull Trend Remains Intact
Bitcoin is approaching a pivotal moment as it consolidates just below the $110,000 mark, holding strong while flirting with the possibility of a breakout. After weeks of steady upward momentum, BTC is now facing a key resistance zone that could determine the next phase of its bull cycle. Despite ris...
Bitcoinist
Fri, May 30
Commodities
PREVIEW-Global airlines to address trade war, net-zero uncertainties at annual summit
Airlines body IATA holding CEO meeting in New Delhi from Sunday to TuesdayPassenger numbers at record levels, but airlines face cost pressures, delivery delaysAviation safety to be in focus after a spate of recent accidentsBy Lisa Barrington and Abhijith Ganapavaram NEW DELHI, May 30 (Reuters) - ...
Reuters
Fri, May 30
Cryptocurrencies
Bitcoin Warning: Bull Trap Or $270,000 Rocket? Analyst Exposes What’s Coming
Crypto analyst Dr. Cat (@DoctorCatX) has issued a high-stakes warning about Bitcoin’s trajectory, suggesting the market now stands at a decisive technical crossroads. In a detailed post on X, Dr. Cat challenged the widespread optimism surrounding a casual correction to $90,000, dismissing the idea a...
NewsBTC
Fri, May 30
Cryptocurrencies
Is Mutuum Finance (MUTM) the Next Big DeFi Token? Top Analyst Says Yes
Mutuum Finance (MUTM) is rapidly emerging as a leading coin in the decentralized finance (DeFi) space, attracting significant attention from investors and analysts alike. The MUTM presale has witnessed over 11,300 participants before a token price rise to $0.035 at the start of the next phase. Investors at this level can potentially return up to […]
Cryptopolitan
Fri, May 30
Other
ANALYSIS-South Korea's presidential election set to reshape policies for key U.S. ally
Liberal Lee Jae-myung leads polls for June 3 voteHis party vows to pursue pragmatic, democratic policiesLee calls for engaging North Korea, not antagonizing China, RussiaSome Americans sceptical of Lee's move to moderate positionsBy Josh SmithSEOUL, May 30 (Reuters) - South Korean liberal candid...
Reuters
Fri, May 30
Other
COLUMN-Drones, doubts as US allies look to NATO summit
By Peter Apps LONDON, May 30 (Reuters) - As Estonia’s defence minister opened a tech conference this week focused heavily on cutting-edge military equipment, he said his nation’s strategy in the face of mounting Russian pressure was to turn itself into a “fly that can paralyse an elephant”.Estoni...
Reuters
Fri, May 30
Cryptocurrencies
Microsoft reveals its main focus of increasing Copilot adoption
Microsoft signed a major Copilot AI deal with Barclays for 100,000 licenses.
Cryptopolitan
Fri, May 30
Other
Musk aiming to send uncrewed Starship to Mars by end of 2026
Starship's timeline depends on future test-flight progressOrbital refueling remains a major hurdle to overcomeEnd of 2026 window is when planets align, missing deadline would delay by two yearsNASA aims for Starship moon mission as step to Mars in 2027By Steve Gorman and Joey Roulette LOS ANG...
Reuters
Fri, May 30
Other
WRAPUP 10-Trump's tariffs to remain in effect after appeals court grants stay
Trade court ruled Trump exceeded authority under emergency powers actAppeals court orders plaintiffs to respond by June 5, administration by June 9Uncertainty over tariffs impacts trade talks and market reactionsBy Dietrich Knauth and Sarah Marsh May 29 (Reuters) - A federal appeals court tempora...
Reuters
Fri, May 30
Stocks
David Di Pilla's HCW fund surges on partially deferring Healthscope rental payments
** Shares of Australia's Healthco Healthcare Wellness REIT HCW.AX rise 17% to A$0.965** Stock hits its highest since March 3 and is set for its biggest single-day gain on record** HCW says it has agreed to partial rent deferments on 11 Healthscope hospitals** HCW, a satellite fund run by David D...
Reuters
Fri, May 30
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