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Forex
FOREX-Dollar gains versus yen, franc on Sino-US trade optimism; yuan firms
Dollar rises after U.S.-China trade talks ease tensionsU.S. inflation and retail sales data may impact Fed expectationsIndia-Pakistan ceasefire, looming Ukraine-Russia talks calm tensionsBy Rocky Swift TOKYO, May 12 (Reuters) - The dollar climbed against its safe-haven counterparts on Monday afte...Reuters
Mon, May 12
Commodities
Japan's Ishiba signals increasing corn imports as part of US trade talks
TOKYO, May 12 (Reuters) - Japanese Prime Minister Shigeru Ishiba on Monday signalled that increasing corn imports from the U.S. would be among options in trade negotiations with Washington.Speaking in parliament, Ishiba repeated that Japan won't sacrifice the domestic agriculture industry for th...
Reuters
Mon, May 12
Other
UniCredit Signs 10-Year MoU with Google Cloud To Accelerate Digital Transformation Across 13 Markets
May 12 (Reuters) - UniCredit SpA CRDI.MI:SIGNS MOU WITH GOOGLE CLOUD TO ACCELERATE BANK'S DIGITAL TRANSFORMATION ACROSS 13 MARKETSAGREEMENT HAS 10 YEAR DURATION, BANK TO DRAW ON GOOGLE CLOUD'S INFRASTRUCTURE, AI, DATA ANALYTICS SOLUTIONSUNICREDIT'S 13 BANKS TO PROGRESSIVELY TRANSITION TO...Reuters
Mon, May 12
Cryptocurrencies
Solana (SOL) Poised for Takeoff — Bulls Prepare for Rally Reboot
Solana started a fresh increase above the $162 zone. SOL price is now consolidating near $175 and might extend gains above the $180 zone. SOL price started a fresh upward move above the $155 and $162 levels against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving a...NewsBTC
Mon, May 12
Other
Danone To Acquire Majority Stake In US-based Kate Farms
May 12 (Reuters) - Danone SA DANO.PA:DANONE AND KATE FARMS TO JOIN FORCES TO SERVE PEOPLE WITH HEALTH NEEDS ACROSS BOTH MEDICAL AND EVERYDAY NUTRITIONTO ACQUIRE MAJORITY STAKE IN KATE FARMSKATE FARMS MANAGEMENT TO RETAIN MINORITY STAKETRANSACTION SUBJECT TO REGULATORY APPROVALReuters
Mon, May 12
Commodities
Russian drone attack on Ukraine freight train injures driver, Ukrainian railways says
May 12 (Reuters) - A Russian drone attack on Monday on Ukraine's railway infrastructure in the Donetsk region injured a locomotive driver of a civilian freight train, Ukrainian Railways said."Truce proposals are being ignored, hostile attacks on railway infrastructure ... continue," Ukra...Reuters
Mon, May 12
Cryptocurrencies
Watch Dogecoin If You’re Into Big Moves, Analyst Says
Dogecoin (DOGE) may have faded from the spotlight recently, but according to one analyst, this very lack of attention could present a compelling opportunity. While the meme coin currently trades around the $0.22 mark, a sharp move could be brewing, one that the analyst asserts could catch the market...Bitcoinist
Mon, May 12
Other
Danone acquires U.S. plant-based organic formula maker Kate Farms
By Abigail Summerville NEW YORK, May 12 (Reuters) - Danone DANO.PA said on Monday it has agreed to buy a majority stake in Kate Farms, a U.S. maker of plant-based organic drinks that will fit into the French food giant's specialized nutrition portfolio.Santa Barbara, California-based Kate Far...Reuters
Mon, May 12
Stocks
BREAKINGVIEWS-Private credit’s mass appeal creates new risks
By Neil UnmackLONDON, May 12 (Reuters Breakingviews) - Advocates for private credit like to tout a key advantage over banks: locked-up money. Depositors at old-school lenders can flee in a panic, as Silicon Valley Bank found in 2023, exposing a mismatch between flighty funding and hard-to-sell inves...Reuters
Mon, May 12
Other
Evonik beats core profit expectations in 1st quarter, confirms guidance
By Matthias Inverardi and Anastasiia Kozlova May 12 (Reuters) - German chemicals group Evonik Industries EVKn.DE reported first-quarter core profit above market expectations and confirmed its outlook for 2025 on Monday, aided by its shift towards high-margin growth businesses and cost discipline....Reuters
Mon, May 12
Stocks
Australia's healthcare stocks drop as Trump plans executive order to cut prescription drug prices
** Australia's healthcare stocks .AXHJ down 1.1%** The sub-index down as much as 1.5%, its lowest level since April 28** "The weakness in healthcare is associated with rumours of drug price equalisation in the U.S., where they often pay a higher price than other markets," said Tim Bingha...Reuters
Mon, May 12
Stocks
Indian pharma stocks fall as Trump moves to cut U.S. drug prices
May 12 (Reuters) - Indian pharma stocks .NIPHARM fell 1.6% on Monday, bucking broader market gains, after U.S. President Trump said he would cut drug prices by 30%–80% to match other wealthy nations.Trump said he would sign an executive order on Monday to pursue "most favored nation" pricin...Reuters
Mon, May 12
Economic Indicator
China hosts Latin American, Caribbean nations amid US trade war talks
China-CELAC Forum challenges U.S. dominance in Latin AmericaChina aims to strengthen trade ties with Brazil, Latin AmericaChina resumes Brazilian soybean imports, explores Chilean lithium investmentsBy Liz Lee and Laurie Chen BEIJING, May 12 (Reuters) - China will host a summit that includes its ...Reuters
Mon, May 12
Other
PRESS DIGEST - Wall Street Journal - May 12
May 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Chinese battery giant CATL 300750.SZ plans to raise up to $4 billion in a Hong Kong IPO, the city's largest this year, after capturing o...Reuters
Mon, May 12
Other
PRESS DIGEST- New York Times business news - May 12
May 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by alig...Reuters
Mon, May 12
Forex
FOREX-Dollar gains versus yen, franc on Sino-US trade optimism; yuan firms
Dollar rises after U.S.-China trade talks ease tensionsU.S. inflation and retail sales data may impact Fed expectationsIndia-Pakistan ceasefire, looming Ukraine-Russia talks calm tensionsBy Rocky Swift TOKYO, May 12 (Reuters) - The dollar climbed against its safe-haven counterparts on Monday afte...Reuters
Mon, May 12
