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Commodities
Gold price retreats sharply from two-week top amid US-China trade talks optimism
Gold price (XAU/USD) attracts heavy selling during the Asian session on Wednesday and snaps a two-day winning streak to a two-week high, around the $3,434-3,435 region touched the previous day.
Fxstreet
Wed, May 7
Stocks
DHT Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
DHT Holdings Inc DHT.N reported quarterly adjusted earnings of 15 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of seven analysts for the quarter was for earnings of 18 cents per share. Wall S...Reuters
Wed, May 7
Stocks
Curis Inc reports results for the quarter ended March 31 - Earnings Summary
Curis Inc CRIS.OQ reported a quarterly adjusted loss of $1.25 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.05. The mean expectation of four analysts for the quarter was for a loss of $1.19 per share. Wall Street expected re...Reuters
Wed, May 7
Forex
Australian dollar hits new five-month top on US-China trade talks
SYDNEY, May 7 (Reuters) - The Australian dollar hit a new five-month peak on Wednesday, buoyed by progress in U.S.-China trade talks scheduled for later this week, while the New Zealand dollar found little support following a mixed picture on jobs. The Aussie AUD= fetched $0.6514 for the first time ...Reuters
Wed, May 7
Stocks
Flagship Pioneering, the National University of Singapore, National University Hospital and the National University Health System Announce Collaboration to Advance Biotech Research & Development
Collaboration Aims to Expand Globally Connected Scientific Dialogue and Accelerate Innovation in Human Health and Sustainability SINGAPORE, May 7, 2025 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, the Yong Loo Lin School of Medicine, National University of Singapore (N...PR Newswire
Wed, May 7
Other
Taiwan's EVA Air to adjust Europe flights due to Pakistan-India conflict
TAIPEI, May 7 (Reuters) - Taiwan's EVA Air 2618.TW said on Wednesday that it will adjust its flights to and from Europe to avoid airspace affected by fighting between India and Pakistan for safety reasons.One flight from Vienna will be diverted back to that city, while a flight from Taipei to Mi...Reuters
Wed, May 7
Other
Four housekeepers accuse Smokey Robinson of sexual assault
By Daniel TrottaMay 6 (Reuters) - Four anonymous housekeepers sued legendary Motown singer and songwriter Smokey Robinson on Tuesday for $50 million, alleging that he sexually assaulted them for years while his wife covered up the abuse and contributed to a hostile work environment.Representatives f...Reuters
Wed, May 7
Other
US reviews occupation of University of Washington building by pro-Palestinian protesters
By Kanishka Singh WASHINGTON, May 6 (Reuters) - The U.S. government said on Tuesday it will review an incident at the University of Washington in which pro-Palestinian protesters occupied a university building while demanding the school cut ties with Boeing BA.N over its contracts with the Israel...Reuters
Wed, May 7
Commodities
METALS-Metals trade in tight range as market awaits US-China meeting
SHANGHAI, May 7 (Reuters) - Metals in London were rangebound on Wednesday as investors awaited a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the ongoing trade war.Benchmark copper CMCU3 on the London Metal Exchange (LME) was down...Reuters
Wed, May 7
Other
OpenAI plans to slash revenue share to Microsoft, The Information reports
May 6 (Reuters) - OpenAI has told investors it will share a smaller fraction of revenue with Microsoft MSFT.O, The Information reported on Tuesday. The percentage would drop by at least half by the end of this decade, the report said.Reuters
Wed, May 7
Other
Venezuela opposition members who lived in embassy now in US, Rubio says
By Natalia Siniawski May 6 (Reuters) - U.S. Secretary of State Marco Rubio said on Tuesday he welcomed the successful rescue of five Venezuelan opposition members holed up for political protect in the Argentine embassy in Caracas."Following a precise operation, all hostages are now safely on ...Reuters
Wed, May 7
Stocks
US futures bounce on China trade talks
SINGAPORE, May 7 (Reuters) - U.S. stock futures bounced and Asian currencies rose on Wednesday, as investors welcomed news of a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the trade war."My sense is this will be about de-esca...Reuters
Wed, May 7
Commodities
CIF/FOB Gulf Grain-Soybean barge bids weaken; corn bids steady
CHICAGO, May 6 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals softened on Tuesday in response to cooling demand from exporters amid competition from Brazilian supplies, traders said.CIF Gulf soybean barges loaded in May were bid at 64 cents over CBOT July SN25 fu...Reuters
Wed, May 7
Other
OpenAI Plans To Slash Revenue Share To Microsoft After Restructuring - The Information
May 6 (Reuters) - OPENAI PLANS TO SLASH REVENUE SHARE TO MICROSOFT AFTER RESTRUCTURING - THE INFORMATIONOPENAI WANTS TO CONVINCE MICROSOFT TO AGREE TO RELINQUISH ITS PROFIT RIGHTS IN EXCHANGE FOR TRADITIONAL EQUITY- THE INFORMATIONMICROSOFT WANTS ACCESS TO OPENAI'S TECHNOLOGY BEYOND 2030 - THE I...Reuters
Wed, May 7
Economic Indicator
China c.bank cuts 7-day reverse repo rate, effective May 8
BEIJING, May 7 (Reuters) - China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as Beijing stepped up monetary easing to support the broad economy in the face of intensifying trade tensions with the United States. The People'...Reuters
Wed, May 7
Commodities
Another US fighter jet falls into sea from Truman aircraft carrier, US officials say
WASHINGTON, May 6 (Reuters) - A U.S. F-18 fighter jet was lost in the Red Sea on Tuesday after tipping off the flight deck of the Harry S Truman aircraft carrier, in the second such incident in about a week, two U.S. officials said, speaking on condition of anonymity.The officials said the fighter j...Reuters
Wed, May 7
