China calls for ceasefire and opening of seaway, while Donald Trump says Xi feels ‘very similar’ about ending the war in Iran Trump in China – latest updates Donald Trump has claimed that the US and China “feel very similar” about ending the war in Iran but offered no details about a possible breakthrough. The US president was speaking alongside Xi Jinping of China at the Zhongnanhai garden in Bei...
China calls for ceasefire and opening of seaway, while Donald Trump says Xi feels ‘very similar’ about ending the war in Iran Trump in China – latest updates Donald Trump has claimed that the US and China “feel very similar” about ending the war in Iran but offered no details about a possible breakthrough. The US president was speaking alongside Xi Jinping of China at the Zhongnanhai garden in Beijing on the second and final day of the leaders’ summit . Continue reading...
Steam rises from the smokestacks of a British Steel plant in Scunthorpe, northeastern U.K. Photo: VCG The U.K. government introduced a bill to parliament on Thursday that would allow it to nationalize British Steel Ltd., prompting China’s commerce ministry to urge London to protect the legitimate rights of the company’s Chinese owner. The Steel Industry (Nationalisation) Bill grants the government...
Steam rises from the smokestacks of a British Steel plant in Scunthorpe, northeastern U.K. Photo: VCG The U.K. government introduced a bill to parliament on Thursday that would allow it to nationalize British Steel Ltd., prompting China’s commerce ministry to urge London to protect the legitimate rights of the company’s Chinese owner. The Steel Industry (Nationalisation) Bill grants the government the power to take British Steel and other steelmakers into public ownership if deemed necessary and in the public interest.
Every few trading sessions, the yen jolts higher against the dollar, and then it suddenly drops. That has become a recurring feature of yen trading in recent weeks, sparking debate among investors and strategists over whether Japanese authorities are trying to stem further weakness in the yen through smaller operations. On Thursday, the yen jumped as much as 0.5% against the dollar in just two min...
Every few trading sessions, the yen jolts higher against the dollar, and then it suddenly drops. That has become a recurring feature of yen trading in recent weeks, sparking debate among investors and strategists over whether Japanese authorities are trying to stem further weakness in the yen through smaller operations. On Thursday, the yen jumped as much as 0.5% against the dollar in just two minutes during New York trading before quickly surrendering those gains. A similar move happened on Tuesday, when it abruptly rose by roughly the same amount. On May 8, the yen also briefly climbed 0.2% before reversing course. No one can say for certain what’s behind it, but traders are taking note because the moves may signal Tokyo’s unease over the yen’s weakness. Even the perception that authorities could intervene makes betting against the currency riskier. “My interpretation of the renewed activity is that the Ministry of Finance is uncomfortable with dollar-yen above 160 and wants to discourage another test of that level,” said Gareth Berry , a strategist at Macquarie Group Ltd. in Singapore. “These proactive nudges and warning shots — even before 160 is reached — point in this direction.” The momentary surges, appearing at different points from Tokyo through New York trading, come after a stretch of reported intervention in currency markets. While Japanese authorities have declined to comment on whether they stepped in, people familiar with the matter said intervention occurred on April 30, and analysis of the central bank’s accounts indicates Japan may have spent as much as around ¥10 trillion yen supporting the yen through the Golden Week holiday period. “There’s caution over intervention, so a slight move can spook people,” said Marito Ueda , managing director at SBI FX Trade. There’s no definitive evidence authorities are behind the latest moves. Unlike past interventions, there have been no fresh public warnings from officials, widespread trader reports of rate ch...
Toltek/iStock via Getty Images U.S. Trade Representative Jamieson Greer expects China to pledge "double-digit billions" in annual American agricultural purchases as Presidents Donald Trump and Xi Jinping conclude their high-stakes summit in Beijing. Greer noted the 25 million metric ton per year soybean deal agreed last October and said the U.S. also expects to "see an agreement for double-digit b...
Toltek/iStock via Getty Images U.S. Trade Representative Jamieson Greer expects China to pledge "double-digit billions" in annual American agricultural purchases as Presidents Donald Trump and Xi Jinping conclude their high-stakes summit in Beijing. Greer noted the 25 million metric ton per year soybean deal agreed last October and said the U.S. also expects to "see an agreement for double-digit billion purchases of ags over the next three years per year coming out of this visit." "And that's more general, that's aggregate. That's not just soybeans, that's everything else," he said in an interview on Bloomberg Television. Separately, Trump said in an interview aired on Thursday evening on Fox News' "Hannity" program that "China will buy a lot of our farm products." It was not immediately clear what products would be included and whether soybeans would be a part of the "double-digit billion purchases", but traders and analysts said they expected the existing soybean commitment to be part of the deal, which alone would be worth more than $10B. Soybean futures in Chicago rose as much as 0.8%, with corn climbing as much as 1.3% and wheat edging higher. More on Teucrium Soybean Fund ETF, Teucrium Corn Fund ETF, etc. Commodities: Oil Surges As Peace Deal Hopes Fade Commodities: Oil Rebounds On Renewed U.S.-Iran Tensions Chart Of The Day: Forget Fuel, Watch Food Soybean futures slide with no export news from U.S.-China summit Wheat futures limit-up after USDA reduces production outlook
Back-to-back inflation reports out of the US along with heightened energy prices and mounting political uncertainty have seen investors flee global bond markets as benchmark interest rates to the highest levels in nearly a year. The Opening Trade spoke with leading market voices and economists for their analysis. (Source: Bloomberg)
Back-to-back inflation reports out of the US along with heightened energy prices and mounting political uncertainty have seen investors flee global bond markets as benchmark interest rates to the highest levels in nearly a year. The Opening Trade spoke with leading market voices and economists for their analysis. (Source: Bloomberg)
(RTTNews) - T&D Holdings, Inc. (8795.T, TDHOY), an insurance holding company, on Friday reported higher net income despite lower ordinary revenue in the full year ended March 31, 2026 compared with the previous year.
(RTTNews) - T&D Holdings, Inc. (8795.T, TDHOY), an insurance holding company, on Friday reported higher net income despite lower ordinary revenue in the full year ended March 31, 2026 compared with the previous year.