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Cryptocurrencies
Bitcoin Blast: Strategy Pumps Fresh $1.34 Billion Into Its Crypto Coffers
Strategy has kept up its aggressive Bitcoin buying. According to company executive Michael Saylor, the firm snapped up a fresh 13,390 BTC for about $1.34 billion, paying an average of $99,856 per coin. That pushes the company’s total to 568,840 BTC. It’s a huge pile—about 2.7% of Bitcoin’s 21 millio...Bitcoinist
Tue, May 13
Commodities
Inpex Executive: Alaska Lng Project Is Expected To Be Very Difficult To Make Profitable
May 13 (Reuters) - Inpex Corp 1605.T:INPEX EXECUTIVE: ALASKA LNG PROJECT IS EXPECTED TO BE VERY DIFFICULT TO MAKE PROFITABLEINPEX EXECUTIVE: DON'T BELIEVE ALASKA LNG IS A PROJECT THAT A PRIVATE COMPANY CAN UNDERTAKE WITH EXPECTATION OF MAKING IT PROFITABLEINPEX EXECUTIVE: ICHTHYS LNG IS SCHEDULE...Reuters
Tue, May 13
Other
US to cut 'de minimis' tariff on China shipments, bolsters broader trade truce
White House cuts de minimis tariff on China shipments to 54%Tariff reduction follows truce announcement after Geneva talksU.S. de minimis rule criticized for enabling cheap imports and smuggling HONG KONG, May 13 (Reuters) - The United States will cut the low value "de minimis" tariff on ...Reuters
Tue, May 13
Commodities
PRECIOUS-Gold recovers as US-China tariff truce spurs bargain-buying
US and China reach deal to temporarily slash tariffsTariff pause may reduce need for Fed rate cuts, Kugler saysUS CPI data due at 1230 GMTBy Anmol Choubey May 13 (Reuters) - Gold recovered on Tuesday as bargain-hunters stepped in after prices hit a more than one-week low in the previous session, ...Reuters
Tue, May 13
Indices
US Dollar Index Price Forecast: Outlook remains bearish, key support level emerges near 100.00
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, retreats from its highest level since April 10 to 101.60 during the early European trading hours on Tuesday.Fxstreet
Tue, May 13
Stocks
Did You Catch the Latest From Shopify and Axon Enterprise?
In this podcast, Motley Fool analyst Jason Moser and host Ricky Mulvey discuss:The economic outlook from the Federal Reserve and the new U.S. trade deal with the U.K.How Axon Enterprise keeps posting impressive growth numbers.What increased global uncertainty means for Shopify.Then, Ricky continues ...The Motley Fool
Tue, May 13
Other
Euro zone bond yields hover near one-month highs ahead of data
May 13 (Reuters) - Euro zone bond yields hovered near one-month highs on Tuesday as investors pared back bets on interest rate cuts by the European Central Bank after a faster-than-expected de-escalation in U.S.-China trade war eased worries about a sharp global slowdown.Germany's 10-year yield ...Reuters
Tue, May 13
Stocks
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
By Kevin Buckland TOKYO, May 13 (Reuters) - Japan's Nikkei share average jumped to the highest in almost three months on Tuesday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs, easing concerns that their trade war could trigger a global recession. The Nikkei .N225 ...Reuters
Tue, May 13
Other
Hannover Re P&C combined ratio deteriorates to 93.9% as large losses bite
Large losses of 765 million euros in P&C exceed Q1 budgetCalifornia wildfire exposure estimated at 631 million eurosP&C reinsurance revenue grows by 7.2% in Q1Return on investment reaches 3.5%Guidance for 2025 confirmed despite costly large lossesBy Ryan HewlettMay 13 - (The Insurer) - Hanno...Reuters
Tue, May 13
Stocks
LIVE MARKETS-Europe before the bell: mood tempers after U.S.-China truce
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: MOOD TEMPERS AFTER U.S.-CHINE TRUCEEuropean futures are signalling a slight move higher at the open as the mood...Reuters
Tue, May 13
Forex
Honda - See Fy2025/26 Global Sales Of 3.62 Million Cars
May 13 (Reuters) - Honda Motor Co Ltd 7267.T:HONDA ASSUMES AVERAGE DOLLAR RATE OF 135 YEN IN FY2025/26HONDA: SEE FY2025/26 GLOBAL SALES OF 3.62 MILLION CARSHONDA: SEE FY2025/26 N.AMERICA SALES OF 1.68 MILLION CARSHONDA: SEE FY2025/26 ASIA SALES OF 1.09 MILLION CARSSource text: [ID:]Reuters
Tue, May 13
Cryptocurrencies
Vinanz Limited Investigating Dual Listing Initiatives In USA
May 13 (Reuters) - Vinanz Ltd BTCV.L:VINANZ LIMITED - APPOINTMENT OF FINANCE DIRECTORVINANZ LTD - APPOINTS ROBERT SCOTT AS EXECUTIVE FINANCE DIRECTORVINANZ LTD - INVESTIGATING DUAL LISTING INITIATIVES IN USAReuters
Tue, May 13
Stocks
Australia's Abacus Storage King rebuffs billionaire Kirsh-led buyout offer
Abacus shares rise as much as 3%Abacus net tangible assets come in at A$1.73Citi analysts see higher incoming offerBy Adwitiya Srivastava and Nikita Maria JinoMay 13 (Reuters) - Australia's Abacus Storage King ASK.AX has rejected an A$1.93 billion ($1.23 billion) buyout offer from a consortium l...Reuters
Tue, May 13
Other
Asia Pacific trade envoys to discuss multilateral cooperation in tariff era
APEC trade ministers to gather amid worries over protectionismMost member economies targeted by Trump's tariffsU.S. to hold bilateral talks, at least with South KoreaBy Jihoon Lee SEOUL, May 13 (Reuters) - Asia-Pacific trade envoys will gather this week in South Korea for discussions on multi...Reuters
Tue, May 13
Other
Australia's conservative Liberal party elect first woman leader after election loss
Australia's governor-general swears in PM, ministers Largest centre-left Labor government since federation Opposition conservative Liberal Party elects first woman leaderBy Kirsty Needham SYDNEY, May 13 (Reuters) - Australia's conservative Liberal Party elected Sussan Ley, a former outbac...Reuters
Tue, May 13
Other
US-China talks resulted in mechanism to avoid escalation, US Treasury secretary said
DUBAI, May 13 (Reuters) - The trade talks between the U.S. and China in Geneva have resulted in a mechanism to avoid escalation, U.S. Treasury Secretary Scott Bessent said on Tuesday in Riyadh. The U.S. does not want a generalised decoupling between the two largest economies in the world, he sai...Reuters
Tue, May 13
Other
Touchstone Exploration's Unit Announces Amended Loan Agreement For Acquisition
May 13 (Reuters) - Touchstone Exploration Inc TXP.TO:TOUCHSTONE EXPLRTN. - AMENDED LOAN AGREEMENT TO SUPPORT ACQUISITIONTOUCHSTONE EXPLORATION INC - UNIT ANNOUNCES AMENDED LOAN AGREEMENT FOR ACQUISITIONTOUCHSTONE EXPLORATION INC - AMENDMENT INCLUDES $30 MILLION SIX-YEAR NON-REVOLVING TERM LOAN FACI...Reuters
Tue, May 13
