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Commodities
METALS-London metals edge lower on weak China demand; soft dollar caps slide
By Michele Pek SINGAPORE, May 27 (Reuters) - London metals edged lower on Tuesday amid weaker copper demand in top consumer China, although a softer dollar cushioned the fall.Three-month copper on the London Metal Exchange CMCU3 nudged 0.13% lower to $9,597.5 per metric ton by 0213 GMT.Downstream...Reuters
Tue, May 27
Stocks
BREAKINGVIEWS-Mining giant puts new spin on China resource push
By Ka Sing ChanHONG KONG, May 27 (Reuters Breakingviews) - Zijin Mining's 601899.SS, 2899.HK plan to take advantage of the surging gold price may not glitter as much as it hopes. The $67 billion company, which also digs up copper, zinc and lithium, wants to spin off its overseas gold mines into ...Reuters
Tue, May 27
Other
INSIGHT-India and Pakistan's drone battles mark new arms race in Asia
India and Pakistan to invest large sums in drones after recent fightingDelhi works with domestic players while Islamabad collaborates with China and TurkeyUAVs used by both sides to apply pressure without significant escalationDependence on China supply chain a concern, some Indian officials and exe...Reuters
Tue, May 27
Stocks
GLOBAL MARKETS-Asian shares dip, dollar struggles after Trump's tariff backflip
US futures rise after Trump delays tariffsInvestors' focus on Nvidia earnings, Fed speechesDollar headed for fifth-straight monthly declineBy Rae Wee SINGAPORE, May 27 (Reuters) - Asian shares eased on Tuesday, though U.S. futures rose after President Donald Trump delayed his threatened 50% d...Reuters
Tue, May 27
Stocks
JOYY Reports First Quarter 2025 Financial Results: Non-livestreaming Revenues Grew 25.3% year over year, Driven by Diversified Growth Strategy
SINGAPORE, May 27, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ: JOYY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the first quarter of 2025. In the first quarter of 2025, JOYY's revenue reached US$494.4 mill...PR Newswire
Tue, May 27
Cryptocurrencies
XRP Price Slides Lower — What’s Fueling the Continued Downside?
XRP price started a fresh decline from the $2.350 zone. The price is now moving lower and is currently at risk of more losses below $2.30. XRP price started a fresh decline below the $2.30 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There is a new connecting...NewsBTC
Tue, May 27
Other
Three more New Orleans jail escapees captured, leaving two at large
May 26 (Reuters) - Police in Louisiana and Texas arrested on Monday three more fugitives who escaped from a New Orleans jail 10 days ago, leaving at large two of the original 10, Louisiana state police said.Lenton Vanburen, 26, originally detained on a parole violation and firearms charges, was arre...Reuters
Tue, May 27
Commodities
GRAINS-Wheat slips as risks of adverse weather recede
CANBERRA, May 27 (Reuters) - Chicago wheat futures extended declines to the third straight session on Tuesday as the risk of crop-damaging weather before the northern hemisphere harvest receded, reinforcing expectations of a well-supplied market.Corn and soybean futures rose slightly, helped by a so...Reuters
Tue, May 27
Economic Indicator
PRESS DIGEST-Financial Times - May 27
May 27 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. HeadlinesPolice arrest man after car hits pedestrians at Liverpool Football Club parade UK food inflation hits one-year high, industry data s...Reuters
Tue, May 27
Cryptocurrencies
Bitcoin Enters A Massive Week: Key Events To Watch
Bitcoin heads into the final days of May with an unusually dense agenda of market-moving events that stretch from Las Vegas to Washington and Wilmington. Beginning Tuesday the 27th, the world’s largest cryptocurrency will be at the centre of its own ecosystem, Wall Street’s macro diary and one of th...NewsBTC
Tue, May 27
Stocks
Logitech is Flipping the Script on Complex Meetings with Rally Board 65
All-in-one video solution packs advanced capabilities into a simple, mobile conferencing device MANILA, Philippines and JAKARTA, Indonesia and BANGKOK, May 27, 2025 /PRNewswire/ -- Logitech (SIX: LOGN) (NASDAQ: LOGI), today announced Rally Board 65, an all-in-one portable video conference solutio...PR Newswire
Tue, May 27
Forex
Australian Dollar hovers near a psychological level after retreating from six-month highs
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the second successive day on Tuesday. However, the AUD/USD pair maintains its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537, which was reached on Monday.
Fxstreet
Tue, May 27
Cryptocurrencies
Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a brea...NewsBTC
Tue, May 27
Economic Indicator
China's industrial profits rise 1.4% in January-April
BEIJING, May 27 (Reuters) - Profits at China's industrial firms expanded 1.4% in the first four months of 2025 from the same period last year, official data showed on Tuesday, following a 0.8% gain in the first quarter.In April alone, total profits of industrial companies rose 3.0%, according to...Reuters
Tue, May 27
Other
China accuses Taiwan of cyberattack on tech company
BEIJING, May 27 (Reuters) - Chinese public security authorities in the city of Guangzhou have attributed a cyberattack on an unnamed technology company to the Taiwan government, a statement showed on Tuesday.The foreign hacker organisation behind the attack was "supported by" Taiwan's De...Reuters
Tue, May 27
Forex
NZD/USD extends the rally to near 0.6000 ahead of RBNZ rate decision
The NZD/USD pair extends its upside to around 0.6000 during the early Asian session on Tuesday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid renewed trade tensions and growing concerns about the US fiscal outlook.
Fxstreet
Tue, May 27
