News
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Samsung launches slimmest smartphone as races against rival Apple
SEOUL, May 13 (Reuters) - Samsung Electronics 005930.KS made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple AAPL.O in the premium market.
Reuters
Tue, May 13
Stocks
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
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.
Reuters
Tue, May 13
Forex
USD/CHF drops below 0.8450 as US Dollar struggles ahead of inflation data
USD/CHF retreats after posting more than 2% gains in the previous session, trading around 0.8430 during the Asian hours on Tuesday. The pullback comes as the US Dollar (USD) softens, possibly due to a technical correction.
Fxstreet
Tue, May 13
Other
Nissan to suspend operations at some domestic plants as part of restructuring, Nikkei says
TOKYO, May 13 (Reuters) - Japan's Nissan Motor 7201.T has decided to suspend operations at some domestic factories as part of a business restructuring effort, the Nikkei business daily reported on Tuesday.Details regarding which specific factories will be affected and whether they will be tempor...Reuters
Tue, May 13
Stocks
Australia's Abacus Storage King rises on rejecting takeover bid
** Abacus Storage King ASK.AX rises as much as 3% to A$1.545; marks biggest intraday pct gain since April 7** Rental storage units provider rejects A$1.93 bln ($1.23 billion) takeover offer from consortium of Ki Corp and U.S.-based Public Storage PSA.N** Says offer did not reflect "compelling va...Reuters
Tue, May 13
Commodities
EXCLUSIVE-Vietnam cranks up fight on imported counterfeits amid US tariff talks
Vietnam is hub for counterfeits trade, digital piracy, US saysInspections strengthened on Google, Mattel, J&J imported fakesFirms warned not to use fake software after industry complainedCounterfeits, piracy are part of US-Vietnam trade talks, source saysFakes still on display in 'notorious ...Reuters
Tue, May 13
Cryptocurrencies
Cardano (ADA) Dips: Temporary Correction or Start of Deeper Move?
Cardano price started a fresh increase above the $0.750 zone. ADA is now correcting gains from $0.8650 and testing the $0.7750 support. ADA price started a decent increase above $0.750 and $0.7750. The price is trading below $0.80 and the 100-hourly simple moving average. There was a break below a c...NewsBTC
Tue, May 13
Other
US mission in Taipei says Trump's 'unification' comment was about US-China trade
Trump makes 'unification' comment to reporters in White HouseU.S. de facto embassy says position on Taiwan has not changedChina has vowed to 'reunify' with Taiwan, by force if neededTaiwan rejects Beijing's sovereignty claims TAIPEI, May 13 (Reuters) - U.S. President Donald Tr...Reuters
Tue, May 13
Forex
GBP/USD jumps to near 1.3200 ahead of UK employment, US CPI releases
The GBP/USD pair climbs to near 1.3195 during the early European session on Tuesday. The Pound Sterling (GBP) edges higher against the Greenback due to positive developments surrounding the US and the UK trade agreement last week.
Fxstreet
Tue, May 13
Cryptocurrencies
Bitcoin Nears All-Time High as $312M BTC Exit Binance Following US-China Trade Deal
Bitcoin has continued its upward trend, recording a weekly price increase of 10.4% and currently trading at $103,881. The asset has surged over 24% in the last month, fueled by growing optimism across both crypto and traditional markets. Although still about 4% below its January all-time high, the l...NewsBTC
Tue, May 13
Cryptocurrencies
Bitcoin At The Core Of Bhutan’s Tiny Yet Mighty Investment Plan
Bhutan’s government is pushing hard to open its doors to investors and new industries. It wants more than just its famous Gross National Happiness score. It plans to use its clean energy and special economic zones to bring jobs home. But many challenges lie ahead. Related Reading: McGregor For Presi...Bitcoinist
Tue, May 13
Other
Wealth management platform Addepar valued at $3.25 bln in new funding round
By Lawrence White LONDON, May 13 (Reuters) - Wealth management platform provider Addepar has hit a valuation of $3.25 billion in a fresh $230 million funding round, as it benefits from a race by financial advisors to arm wealthy clients with better data in volatile markets.Silicon Valley-based Ad...Reuters
Tue, May 13
Forex
ECB to stand by past stimulus policies in strategy review
ECB to keep reference to 'forceful' actionReview yields little criticism of past movesSome policymakers had urged deeper soul-searchingBy Francesco Canepa and Balazs Koranyi FRANKFURT, May 13 (Reuters) - The European Central Bank will stand by its aggressive stimulus policy of the last de...Reuters
Tue, May 13
Economic Indicator
EBRD trims growth forecast again as tariffs and wars loom
By Libby George LONDON, May 13 (Reuters) - Tariffs, wars and economic worries in powerhouse economies such as Germany and China led the European Bank for Reconstruction and Development (EBRD) to cut its economic growth forecasts for the fourth straight time, the lender said on Tuesday.In the repo...Reuters
Tue, May 13
Stocks
Swiss stocks - Factors to watch on May 13
ZURICH/GDANSK, May 13(Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday:PARTNERS GROUP PGHN.S Partners Group is to acquire Singapore-based data center platform Digital Halo.PSP SWISS PROPERTY PSPN.S PSP Swiss Property reported that its first-quarter net profit reac...Reuters
Tue, May 13
