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Trump plans to accept luxury 747 from Qatar to use as Air Force One
By Jeff Mason and Joseph AxMay 11 (Reuters) - U.S. President Donald Trump's administration intends to accept a Boeing BA.N 747-8 airplane as a gift from the Qatari royal family that would be outfitted to serve as Air Force One, according to a source briefed on the matter.The luxury plane, which ...Reuters
Mon, May 12
Other
TREASURIES-Yields rise as US/China deal on trade punishes safe-havens
LONDON, May 12 (Reuters) - U.S. Treasury yields rose on Monday after the United States and China agreed to lower trade tariffs on one another during a 90-day pause, triggering a rush of investor cash into risk assets and hitting safe havens like bonds, the yen and the Swiss franc.The world's two...Reuters
Mon, May 12
Stocks
Prediction: Nvidia Just Received Its First Wall Street Sell Rating -- and More Will Follow After May 28
Although President Donald Trump's tariff policy has dominated the discussion on Wall Street over the last six weeks, it's the evolution of artificial intelligence (AI) that's captivated investors for well over two years.In its simplest form, AI empowers software and systems with the capacity to reas...The Motley Fool
Mon, May 12
Stocks
FTSE 100 today: U.K. stocks open higher as U.S.-China trade deal expected
Investing.com -- British stocks opened higher on Monday, kicking off the week on a positive note as markets reacted to “substantial progress” in trade talks between the U.S. and China over the weekendInvesting.com
Mon, May 12
Other
Pro-Kurdish DEM Party member says PKK decision significant for Kurds, Middle East
ANKARA, May 12 (Reuters) - The decision by the Kurdistan Workers Party (PKK) to dissolve is significant for Kurdish people and the Middle East region as a whole, the deputy co-chair of the pro-Kurdish DEM Party Tayip Temel said on Monday."The PKK's decision to end its existence and embark on...Reuters
Mon, May 12
Commodities
METALS-Metals rise after US and China agree to slash reciprocal tariffs
SHANGHAI, May 12 (Reuters) - Base metals prices rose on Monday, after the U.S. and China agreed to slash reciprocal tariffs that eased global recession fears.Benchmark copper CMCU3 on the London Metal Exchange (LME) rose 1.0% to $9,542 a metric ton, as of 0724 GMT.The United States and China sai...Reuters
Mon, May 12
Other
Foreign investment in Germany fell for the third year in a row in 2024
BERLIN, May 12 (Reuters) - The number of foreign investments in Germany fell for the third year in a row in 2024, international economic promotion agency Germany Trade & Invest (GTAI) said on Monday.Last year there were 1,724 new establishments and expansions, down from 1,759 projects in 2023 - ...Reuters
Mon, May 12
Cryptocurrencies
US cuts China tariffs to 30% as China cuts its tariffs on US to 10% temporarily
The United States has dropped its tariffs on Chinese goods to 30%, down from a brutal 145%, while China is slashing its own duties on US imports to just 10%, temporarily, for the next 90 days. This is not permanent. This is a tactical pause in a trade war that’s been spiraling since early April, […]Cryptopolitan
Mon, May 12
Stocks
Alphamab Oncology leads slide in HK pharma stocks on Trump's plan to trim medicine prices
** Shares of Alphamab Oncology 9966.HK drop 14.4% to HK$6.28, their lowest point since April 11, and leading slide in Hong Kong-listed pharmaceutical stocks ** Hang Seng Hong Kong-listed Biotech Index .HSHKBIO down as much as 4.3% before trimming loss and is down 2.5% in late trade ** U.S. Preside...Reuters
Mon, May 12
Forex
Ukraine's dollar bonds rally as push for ceasefire with Russia continues
LONDON, May 12 (Reuters) - Ukraine's dollar bonds gained more than 3 cents on Monday as the push for ceasefire with Russia continues. The 2030 maturity gained the most, adding more than 3 cents to be bid at 54.5 cents, Tradeweb data showed. The GDP warrant, an instrument whose payout is linked t...Reuters
Mon, May 12
Other
US and China reach deal to slash tariffs, officials say
GENEVA, May 12 (Reuters) - The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs as Washington and Beijing seek to end a trade war that has disrupted the global economy and set financial markets on edge.
Reuters
Mon, May 12
Stocks
I Used to Say Claiming Social Security at 62 Was a Bad Move. Here's Why I Was Wrong.
There's a reason 62 tends to be a popular age for claiming Social Security. It happens to be the earliest age you're allowed to sign up.Most seniors are aware that if they file for Social Security at 62, they're going to be reducing their benefits substantially each month. But many are willing to ta...The Motley Fool
Mon, May 12
Cryptocurrencies
After Reaching $20M, This Project’s Final Round Opens Quietly — But It Won’t Stay Quiet for Long
After quietly reaching the $20.2 million mark, Lightchain AI has entered its final presale round — and while the launch may seem low-key, the buzz is building fast. Priced at just $0.007, this project has already made a major impact with investors who see its long-term value and real-world use case. As more people take […]Cryptopolitan
Mon, May 12
Other
German foreign minister says truce needed before Ukraine-Russia talks
BERLIN, May 12 (Reuters) - Russia needs to adhere to a truce before any direct peace talks between Russia and Ukraine can take place in Turkey, German Foreign Minister Johann Wadephul said in London on Monday."It has been clearly articulated that, initially, there is a truce. Ukraine is ready fo...Reuters
Mon, May 12
Cryptocurrencies
Best Crypto to Buy Now: Where to Diversify This May if You’re Overexposed to Legacy Tokens With High Market Caps
It requires keen eyes to look at projects with tangible utility and explosive growth potential in order to diversify away from legacy tokens of high market caps. Mutuum Finance (MUTM) is becoming the talk in May 2025, after raising $8,000,000 since presale began where 455 million tokens had been sold to 9,700 holders. For this […]Cryptopolitan
Mon, May 12
Stocks
Meet the Monster Stock That Continues to Crush the Market
Many of today's tech stocks -- including the Magnificent Seven that led last year's stock market gains -- have suffered in recent times. Even the most established of tech players such as Nvidia or Apple, for example, have seen their shares stumble. Why? Investors have worried that President Donald T...The Motley Fool
Mon, May 12
Stocks
Japanese foreign equity purchases in April hit 20-year high on global market volatility
May 12 (Reuters) - Japanese investors sharply ramped up their overseas equity purchases in April, shifting away from bonds as they rebalanced portfolios amid global market volatility triggered by U.S. tariffs, and capitalizing on discounted international shares.Japanese investors bought a net 3.27 t...Reuters
Mon, May 12
