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Trump tax bill passes key panel to advance in US Congress
Trump tax plan advances in U.S. Congress with panel approval Treasury's Bessent on Moody's downgrade: 'Who cares?'Medicaid in crosshairs of Republican cost cutters Democrats warn downgrade, tax bill signal recession, higher interest rates By David Morgan and Susan Heavey WASHINGTO...Reuters
Mon, May 19
Other
BREAKINGVIEWS-India's embrace of hot money will pay off slowly
By Shritama Bose MUMBAI, May 19 (Reuters Breakingviews) - India is shaking off a decade-old suspicion of flighty foreigners. Officials are easing rules to let them own more of its $600 billion of company debt and smoothing access to treasuries. Global economic conditions do not favour an immediat...Reuters
Mon, May 19
Stocks
Otis Australia to Modernize and Transform Elevators in LAHC New South Wales Housing
SYDNEY, May 19, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will modernize 20 elevators for New South Wales Land and Housing Corporation (LAHC), a government agency which owns and maintains a portfolio of 125,000...PR Newswire
Mon, May 19
Stocks
MORNING BID EUROPE-So, China should consume more and the US less?
A look at the day ahead in European and global markets from Wayne ColeIt's been a down day so far in Asia as a miss on China retail sales underlined how far the country would have to travel to shift away from an export-driven economy to one driven by domestic demand. Clearly consumers there aren...Reuters
Mon, May 19
Other
South Korea presidential candidate Kim says open to discussing US troop cost
By Hyunjoo Jin SEOUL, May 19 (Reuters) - South Korea's conservative presidential candidate Kim Moon-soo said on Monday he was willing to discuss sharing more of the cost of stationing the U.S. military in the country, which U.S. President Donald Trump has demanded over the years. Trump...Reuters
Mon, May 19
Stocks
BREAKINGVIEWS-The post-truce state of US-China trade looks dire
By Hudson Lockett HONG KONG, May 19 (Reuters Breakingviews) - Markets appear to be writing off the latest Sino-American trade conflict as quickly as they priced it in. China’s benchmark CSI 300 index .CSI300 is up 1.4% this year, marking a full recovery from its sharp drop in early April after Pr...Reuters
Mon, May 19
Stocks
Australia's International Graphite rises on positive feedback from US Department of Defence
** Shares of miner International Graphite IG6.AX rise as much as 15.1% to A$0.061 ** Stock on track for its biggest intraday pct gain since May 5** Co says that U.S. Department of Defence said co's proposal for a potential $7.5 million feasibility study of an integrated graphite 'mine to mar...Reuters
Mon, May 19
Commodities
GRAINS-Soybean prices rebound, improved US weather limits upside
Soybeans up after 2 sessions of losses, bargain buying supportsWheat firms on worries over Chinese crop conditions; corn risesSINGAPORE, May 19 (Reuters) - Chicago soybean futures edged higher on Monday, with prices rising for the first time in three sessions on bargain-buying, although improved U.S...Reuters
Mon, May 19
Economic Indicator
China struggles to lift home prices as April shows no growth
New home prices down 4% year-on-year, slight improvement from MarchResale home prices fall in all city tiersProperty investment down 10.3% year-on-year, sales shrink 2.8%By Liangping Gao, Xiuhao Chen and Liz Lee BEIJING, May 19 (Reuters) - China's new home prices were unchanged in April from ...Reuters
Mon, May 19
Cryptocurrencies
XRP Price Struggles to Hold Ground — Breakdown or Breather?
XRP price started a downside correction below the $2.480 zone. The price is now consolidating and might extend losses below the $2.320 support zone. XRP price started a fresh decline below the $2.520 zone. The price is now trading below $2.480 and the 100-hourly Simple Moving Average. There is a con...NewsBTC
Mon, May 19
Other
South Korea prosecutors impose foreign travel ban on MBK Partners chairman, Yonhap says
SEOUL, May 19 (Reuters) - South Korean prosecutors have imposed a foreign travel ban for the chairman of MBK Partners Kim Byung-ju as part of a probe into the Homeplus supermarket chain controlled by the private equity firm, the Yonhap News Agency reported. The probe by prosecutors into MBK and Home...Reuters
Mon, May 19
Commodities
Gold price struggles to capitalize on modest intraday gains to $3,250 area
Gold price (XAU/USD) attracts buyers during the Asian session on Monday as a surprise downgrade of the US government's credit rating tempers investors' appetite for riskier assets and boosts demand for traditional safe-haven assets.Fxstreet
Mon, May 19
Commodities
Goldman remains cautious on oil prices as higher Iranian supply prospects weigh
May 18 (Reuters) - Goldman Sachs said on Sunday it is retaining a cautious outlook on oil prices, as pressure from likely elevated Iranian supply and higher OECD commercial inventories will offset support from stronger global GDP growth."We are maintaining our Brent/WTI oil price forecasts of $6...Reuters
Mon, May 19
Other
Nvidia Launches Ai-First Dgx Personal Computing Systems With Global Computer Makers
May 18 (Reuters) - NVIDIA Corp NVDA.O:NVIDIA LAUNCHES AI-FIRST DGX PERSONAL COMPUTING SYSTEMS WITH GLOBAL COMPUTER MAKERSNVIDIA CORP - ACER, GIGABYTE, MSI TO EXTEND DGX SPARK AND STATION AVAILABILITYNVIDIA CORP - ANNOUNCES TAIWAN MANUFACTURERS TO BUILD DGX SPARK AND STATIONNVIDIA CORP - DGX STATION ...Reuters
Mon, May 19
