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Cryptocurrencies
Missouri Leads The Way: Tax Breaks On Crypto Sales Coming Soon
Missouri is poised to make history as the first US state to exempt capital gains from its income tax, a move that could significantly benefit investors in the cryptocurrency space. The recently approved legislation aims to eliminate the capital gains tax for individuals this year, with potential fut...Bitcoinist
Fri, May 9
Cryptocurrencies
Ethereum Blasts Past $1,900 as On-Chain Signals Point to Institutional Buying
Ethereum has seen renewed upward momentum over the past week, aligning with the broader recovery across the cryptocurrency market. At the time of writing, ETH is trading at $1,989, having climbed 6.4% over the past seven days and registering a 6.7% increase in the last 24 hours. This rebound comes a...NewsBTC
Fri, May 9
Stocks
Investors looking beyond US scoop-up Asian funds
By Rae Wee and Gaurav Dogra SINGAPORE/BENGALURU, May 9 (Reuters) - Investors have been selling U.S. shares and piling into Asian equity funds, as the Trump administration's tariffs cast a cloud over the U.S. growth outlook and whether years of world-beating gains in U.S. markets may be drawin...Reuters
Fri, May 9
Commodities
As trade talks begin, Chinese exporters prepare to get goods moving to US again
Chinese exporters prepare to resume shipping amid hopes for tariff reductionShipping agents buy container space for US-bound goods from mid-MayU.S. retailers face risk of empty shelves without Chinese goodsBy Casey Hall SHANGHAI, May 9 (Reuters) - China-based shipping agents have resumed buying c...Reuters
Fri, May 9
Other
Soccer-Mount's hard work paid off with Bilbao brace, says Amorim
May 9 (Reuters) - Manchester United coach Ruben Amorim had glowing praise for Mason Mount after he came off the bench to score twice in the 4-1 win over Athletic Bilbao on Thursday which sealed their place in the Europa League final.Second-half substitute Mount scored the equaliser for United just 1...Reuters
Fri, May 9
Other
Ukraine says it uncovered Hungarian spy network
KYIV, May 9 (Reuters) - Ukraine's SBU security agency said on Friday it had uncovered a spy network being run by the Hungarian state to obtain intelligence about Ukraine's defences.In a statement, the SBU said it had detained two suspected agents who, it said, were being run by Hungarian mil...Reuters
Fri, May 9
Other
UK needs to rebuild trading relationship with EU, BoE boss says
LONDON, May 9 (Reuters) - Britain needs to rebuild its trading relationship with the European Union, the Governor of the Bank of England Andrew Bailey told the BBC, adding that growing trade with the bloc would be beneficial to the UK.Britain and the EU are holding a summit on May 19 that could lead...Reuters
Fri, May 9
Stocks
UK Stocks-Factors to watch on May 9
May 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.35%.* IAG: IAG ICAG.L on Friday said it had placed an order for 53 new Airbus AIR.PA and Boeing BA.N long-haul aircraft, and also reported a better than expected first-quarter profit.* Tra...Reuters
Fri, May 9
Commodities
UK sanctions directors of oil trading group over Russian ties
LONDON, May 9 (Reuters) - Britain on Friday announced a package of sanctions aimed at Russia, including placing asset freezes on several directors of oil trading company Coral Energy Group, which is now known as 2Rivers Group.The wider package of sanctions targeted around 100 oil tankers from Russia...Reuters
Fri, May 9
Other
Russia and US to hold more talks on their respective embassy operations, Interfax reports
MOSCOW, May 9 (Reuters) - Russia and the United States plan to hold another round of negotiations aimed at getting their respective diplomatic missions fully operational, the Interfax news agency reported on Friday, citing Russian Deputy Foreign Minister Sergei Ryabkov.Ryabkov did not disclose the d...Reuters
Fri, May 9
Other
Nippon Steel - The Trend Of The U.S. Tariff Policy Currently Unforeseeable And Its Indirect Impact On Nippon Steel May Be Enormous
May 9 (Reuters) - Nippon Steel Corp 5401.T:NIPPON STEEL: THE TREND OF THE U.S. TARIFF POLICY CURRENTLY UNFORESEEABLE AND ITS INDIRECT IMPACT ON NIPPON STEEL MAY BE ENORMOUSNIPPON STEEL ON U.S. STEEL BID: BOTH COMPANIES ARE TAKING ALL NECESSARY STEPS TO ENSURE THAT THE TRANSACTION CLOSESNIPPON STEEL ...Reuters
Fri, May 9
Commodities
Indonesia eyes cut in fuel imports from Singapore in favour of US as part of tariffs negotiations
JAKARTA, May 9 (Reuters) - Indonesia plans to change the source of some of its fuel imports from Singapore to the United States as part of negotiations over steep tariffs, its energy minister said on Friday. The United States has imposed a 32% tariff on Indonesian goods, but like other countries, i...Reuters
Fri, May 9
Cryptocurrencies
Coinbase Plummets 3% Post Market as Q1 Earnings Miss Estimates, But Analysts Spot Upside Potentials!
Coinbase (COIN) reported weaker-than-expected Q1 earnings, sending its shares down nearly 3% in after-hours trading. However, analysts maintain a "Buy" rating, citing a promising outlook.
TradingKey
Fri, May 9
Other
Ukraine air force says Russia launched bombs on Sumy region
KYIV, May 9 (Reuters) - Ukraine's air force said in a post on messaging platform Telegram on Friday that Russian aircraft had launched guided bombs on the Sumy region of northern Ukraine.Reuters could not independently verify the bombs had been launched. Russia announced a three-day ceasefire st...Reuters
Fri, May 9
Other
Japan's Nippon Steel annual profit down 36%, beats forecasts
TOKYO, May 9 (Reuters) - Nippon Steel 5401.T, Japan's top steelmaker, posted on Friday 350.2 billion yen ($2.41 billion) in net profit for the year ended in March, down 36% from a year ago but beating analysts' forecasts.An LSEG poll of analysts had expected Nippon Steel to post a 334.3 bill...Reuters
Fri, May 9
Other
Bund yields rise to multi-week highs on trade hopes
By Stefano Rebaudo May 9 (Reuters) - Safe-haven German Bund prices fell on Friday, driving yields higher, as expectations that a trade deal between the United States and the UK could pave the way for similar tariff agreements boosted appetite for riskier assets.Markets expect trade tensions to hu...Reuters
Fri, May 9
Commodities
China's copper concentrate imports at record high as more smelters prepare to open
SHANGHAI, May 9 (Reuters) - China's copper concentrate imports reached a record high in April, spurred by an expansion of domestic copper smelting capacity that is due to come online later this year despite overcapacity in the sector.Copper concentrate imports hit 2.9 million metric tons in Apri...Reuters
Fri, May 9
Other
Cloutier: Aspen wants to hit “high teens returns” through careful organic growth and cycle management
By David BullMay 8 - (The Insurer) - Aspen’s return to the public markets will allow it to consider “careful” inorganic opportunities, but its focus will remain on the “fundamentals” after its return to a profitable growth trajectory in recent years under Apollo ownership, according to the Bermudia...Reuters
Fri, May 9
Stocks
Mitsubishi Heavy forecasts 10% profit growth this year on strong defence demand
By Kantaro Komiya TOKYO, May 9 (Reuters) - Japan's Mitsubishi Heavy Industries 7011.T on Friday projected a 9.6% growth in operating profit for the year on robust defence demand, while excluding the potential impact of U.S. tariffs, though the outlook and fiscal 2024-25 earnings missed estim...Reuters
Fri, May 9
Stocks
LIVE MARKETS-Europe before the bell: sentiment helped by US-UK trade deal
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: SENTIMENT HELPED BY US-UK TRADE DEALEuropean stock futures are trading higher on Friday after the U.S. and Brit...Reuters
Fri, May 9
