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Cryptocurrencies
Double Trouble Or Double Gains? Shiba Inu Shows Signs Of Reversal Amid Massive Burn
Shiba Inu (SHIB) hit a high of $0.00001511 on April 26, 2025, its highest value this month in what experts refer to as a see-saw run. The meme coin failed to break a significant resistance level that contains a huge chunk of all SHIB coins in circulation, as per market information. Related Reading: ...NewsBTC
Fri, May 2
Cryptocurrencies
Elon Musk Likely To Integrate Crypto Into X ‘Super App’, Says Scaramucci
Anthony Scaramucci, the founder of SkyBridge Capital and a long-time crypto advocate, believes Elon Musk is poised to weave digital assets into the fabric of X’s planned “super app,” even if the precise mechanism remains under wraps. In a recent interview with Saxo Group, Scaramucci disclosed that a...Bitcoinist
Fri, May 2
Commodities
Japan's Marubeni annual net profit up 7%, beats forecasts
TOKYO, May 2 (Reuters) - Japanese trading house Marubeni 8002.T on Friday posted a 7% increase in net profit for the year ended in March at 503 billion yen ($3.5 billion), its second biggest ever and beating forecasts. A LSEG poll of analysts had forecast Marubeni's fiscal year net profit a...Reuters
Fri, May 2
Other
INSIGHT-US blacklist on China is riddled with errors, outdated details
US entity list contains many inaccuracies for China, HK firmsErrors include wrong names, addresses, Reuters foundFormer US officials acknowledge challenges in managing blacklistSome China, HK firms shipped US-restricted items to RussiaBy James Pomfret, David Kirton HONG KONG/SHENZHEN, May 2 (Reut...Reuters
Fri, May 2
Economic Indicator
China 'evaluating' US offer to negotiate tariffs; Beijing's door is 'open'
BEIJING, May 2 (Reuters) - Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's crippling tariffs, China's Commerce Ministry said on Friday, signalling a potential de-escalation in the trade war that has roiled global markets.The United St...Reuters
Fri, May 2
Other
EXCLUSIVE-Taiwan to mark World War Two end in history narrative battle with China
Taiwan president to give speech about World War's end in EuropeTaiwan event to come one day ahead of Moscow military paradeTaiwan, China hold competing views about the warChina has ramped up military threats against TaiwanBy Ben Blanchard and Yimou Lee TAIPEI, May 2 (Reuters) - President Lai ...Reuters
Fri, May 2
Other
RPT-Equinor sells 60% stake in Brazil's Peregrino field to Prio for $3.5 billion
May 2 (Reuters) - Equinor Brasil Energia, a subsidiary of Norway's Equinor EQNR.OL, has agreed to sell its 60% operated interest in Brazil's Peregrino oil field to Prio Tigris, a subsidiary of PRIO SA PRIO3.SA, for $3.5 billion, Equinor said in a statement on Friday.Reuters
Fri, May 2
Stocks
Asian stocks rise on signs of easing Sino-US trade tensions
Asian stock markets and U.S. futures rose on Friday as signs of possible trade talks between the U.S. and China lifted risk sentiment after lacklustre earnings from tech bellwethers Apple and Amazon fuelled worries about the impact of tariffs.Reuters
Fri, May 2
Other
PRESS DIGEST-British Business - May 2
May 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Fast fashion retailer Shein has cut ties with two UK corporate communications companies brought in to support its ...Reuters
Fri, May 2
Stocks
Airbnb Inc reports results for the quarter ended March 31 - Earnings Summary
Airbnb Inc ABNB.OQ reported quarterly adjusted earnings of 24 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of twenty nine analysts for the quarter was for earnings of 24 cents per share. Wall...Reuters
Fri, May 2
Stocks
Korea Electric Power Corporation Files 2024 Annual Report on Form 20-F
NAJU, South Korea, May 2, 2025 /PRNewswire/ -- On April 28, 2025, Korea Electric Power Corporation (NYSE: KEP) ("KEPCO") filed its annual report including audited consolidated financial statements on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commi...PR Newswire
Fri, May 2
Commodities
RUBBER-Japan futures set for weekly gains as tariff concerns ease
SINGAPORE, May 2 (Reuters) - Japanese rubber futures ticked up for a fourth straight session on Friday, and were set for weekly gains on a weaker yen and signs of progress in Washington's trade talks with Japan and top consumer China. The Osaka Exchange (OSE) rubber contract for October delive...Reuters
Fri, May 2
Other
Equinor to sell 60% stake in Brazil's Peregrino field to Prio for $3.5 billion
May 2 (Reuters) - Equinor EQNR.OL said on Friday that its Brazil unit has agreed to sell a 60% operated interest in Peregrino oil field to oil company PRIO SA PRIO3.SA for up to $3.5 billion.Prio would make a base payment of $3.35 billion, with additional interest payments of up to $150 million to E...Reuters
Fri, May 2
Economic Indicator
Japanese Yen adds to dovish BoJ-inspired losses; hits multi-week low against USD
The Japanese Yen (JPY) continues to be undermined by the Bank of Japan's (BoJ) dovish pause the previous day and drops to over a three-week low against its American counterpart during the Asian session on Friday.
Fxstreet
Fri, May 2
