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Golf-Rai's knockout punch in Rocky's backyard ends century-long English drought at PGA Championship
Rai's win follows McIlroy's Masters victory, marking back-to-back European major winnersKitayama's seven-under 63 ties major championship record for lowest final-round scoreDefending champion Scheffler finishes seven shots back of Rai in share of 14th place NEWTOWN SQUARE, Pennsylvani...Reuters
4 hours ago
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WHO declares Ebola outbreak in Congo, Uganda an emergency of international concern
Outbreak does not meet pandemic criteria, WHO saysBundibugyo virus outbreak risks spreading beyond DRC, Uganda WHO advises against border closures, urges isolation, monitoring, cross-border screening At least six Americans exposed to the virusBy Disha Mishra and Akanksha Khushi May 17 (Reuters) -...Reuters
4 hours ago
Cryptocurrencies
Bitcoin Social Euphoria Hits Yearly High Amid CLARITY Act Buzz
The CLARITY Act’s landmark committee approval has sent Bitcoin sentiment soaring to its highest point in months. Related Reading: $10M Gone: Thorchain Exploit Triggers Security Fears Across DeFi Data from Santiment shows that bullish Bitcoin commentary on social media has climbed to one of its...Bitcoinist
4 hours ago
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Cuba accuses US of fabrication after Axios report alleging drone threat
By Dave Sherwood HAVANA, May 17 (Reuters) - Cuban Foreign Minister Bruno Rodriguez accused the U.S. on Sunday of fabricating a "fraudulent case" to justify economic sanctions and potential military intervention.The minister's comments followed a report by Axios on Sunday, citing class...Reuters
4 hours ago
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Samsung Electronics and its South Korean union resume pay talks as strike risks loom
Government officials warn a strike could threaten economic growth and exportsUnion rejects pressure for arbitration, vows not to accept unfavourable pay dealPresident Lee Jae Myung urges equal respect for labour and corporate management rightsBy Heekyong Yang SEOUL, May 18 (Reuters) - Samsung Ele...Reuters
4 hours ago
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Trump-backed faith event features conservative Christians as critics decry blurring of church-state lines
Speakers included evangelical Christian leaders and conservative Catholic figuresVideos featuring Trump administration officials touched on founders' religious rootsEvent organized by Freedom 250, a White House-backed public-private partnershipCritics argue event promoted Christian nationalism, ...Reuters
4 hours ago
Other
Japan bond yields climb to 1996 levels as inflation spurs rate-hike bets
By Rocky Swift TOKYO, May 18 (Reuters) - Japanese government bond (JGB) yields surged on Monday, with the benchmark 10-year yield reaching levels last seen in October 1996, extending a global debt selloff as pressure mounts on central banks to raise rates to contain inflation.The yield on the 10-...Reuters
4 hours ago
Stocks
SG Morning Brief | Tech Selloff Erases Records as Warsh Era Begins
Weekend WrapKevin Warsh officially became Federal Reserve Chair on Saturday, inheriting an inflation rate of 3.8%, a 10-year yield at 4.55%, and rate hike odds at 45%. His first public comments will set the tone for markets this week. The Trump-Xi summit ended Friday without a major Iran breakthroug...Longport
4 hours ago
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Bain Capital closes $10.5 billion Asia fund
May 17 (Reuters) - U.S. investment firm Bain Capital closed its sixth pan-Asia private equity fund after raising about $10.5 billion, exceeding its $7 billion target, the firm said on Sunday. Reuters had reported in March that the firm was close to wrapping up fundraising for its Bain Capital Asia F...Reuters
4 hours ago
Stocks
24H｜Storage, Semiconductor and Optics Technology Stocks Drop; SOXL, POET Technologies down 5%; Intel, SanDisk down 4%; Micron down 2%; Nvidia down 1%
Semiconductor shares fell in overnight trading.SOXL down 5%; Intel down 4%; Arm down 3%; AMD down 2%; Nvidia, TSMC down 1%.Chip storage stocks fell in overnight trading.SanDisk down 4%; Micron, Western Digital, Seagate down 2%.Shares of optics technology companies fell in overnight trading.POET Tech...Tiger News
4 hours ago
Stocks
Activist investor Elliott builds stake in life-science tools supplier Bio-Rad Laboratories, WSJ reports
May 17 (Reuters) - Activist investor Elliott Investment Management has built a sizable stake in Bio-Rad Laboratories BIO.N and plans to push the supplier of life-science tools and diagnostics products to boost its underperforming stock price, the Wall Street Journal reported on Sunday.Reuters could ...Reuters
4 hours ago
Other
Activist Elliott Investment Management Has Built A Sizable Stake In Bio-Rad Laboratories- WSJ
May 17 (Reuters) - ACTIVIST ELLIOTT INVESTMENT MANAGEMENT HAS BUILT A SIZABLE STAKE IN BIO-RAD LABORATORIES- WSJELLIOTT IS ALSO A LARGE INVESTOR IN SARTORIUS, THE GERMAN SUPPLIER OF PHARMACEUTICAL EQUIPMENT THAT BIO-RAD HAS A STRATEGIC INVESTMENT IN- WSJSource https://tinyurl.com/mfxxancpReuters
4 hours ago
Stocks
Australia's Pro Medicus rises as unit bags $64 million contract
Shares of Pro Medicus PME.AX rise as much as 8.7% to A$132.7, logging their best intraday session since April 16Stock hits its highest level since May 6 Health imaging firm says its unit has signed a seven-year A$90 million ($64.13 million) contract with Boston-based Beth Israel Lahey Health...Reuters
4 hours ago
Cryptocurrencies
Bitcoin sees sudden price crash below $77,000
Bitcoin dropped under $77,000 and traded at $76,901 after a brutal one-hour wipeout hit the crypto market. About $600 million in positions were liquidated in 60 minutes, forcing leveraged traders out fast while the broader market turned red, according to data from Coinglass. The pain was clear in U.S. spot Bitcoin ETFs. Last week, those...Cryptopolitan
4 hours ago
Stocks
GLOBAL MARKETS-Asia shares slip, oil prices pile pressure on bonds
Nikkei eases, S&P futures down ahead of Nvidia resultsOil prices up on reports of drone attacks in GulfMounting inflation concerns keep bonds on back footBy Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and b...Reuters
4 hours ago
Forex
Australian Dollar Holds Steady Near 0.7150 Amid Rising Fed Hike Bets, Middle East Tensions
The AUD/USD pair trades on a flat note near 0.7150 during the early Asian session on Monday. The pair steadies after retreating from multi-year highs amid shifting US interest rate expectations and ongoing geopolitical tensions.
Fxstreet
4 hours ago
Other
CDC aiding withdrawal of affected Americans after Ebola outbreak in Congo, Uganda
May 17 (Reuters) - The U.S. Centers for Disease Control and Prevention said on Sunday it mobilized response efforts following an Ebola outbreak in the Democratic Republic of Congo and Uganda, supporting partners withdrawing a small number of directly affected Americans. The World Health Org...Reuters
5 hours ago
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