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Yen extends losses to four-week trough on mounting US-Iran tensions
Yen extends losses to four-week trough on mounting US-Iran tensions
May 28, 2026
The Japanese yen declined in Asian trading on Thursday against a basket of major and minor currencies, deepening its losses for the third consecutive session against the US dollar and hitting its weakest level in four weeks, amid rising demand for the US currency as a safe haven due to escalating military tensions between the United States and Iran, raising...
Dollar steadies as markets monitor developments in Iran, while yen nears intervention territory
Dollar steadies as markets monitor developments in Iran, while yen nears intervention territory
May 27, 2026
The Japanese yen weakened to its lowest level against the US dollar since late April during Wednesdays trading, approaching levels that previously prompted Japanese authorities to intervene in the currency market last month, as traders cautiously assessed the risk of renewed escalation in the war with Iran. Meanwhile, the New Zealand dollar was among the days strongest-performing currencies after surging...
Loonie posts vast monthly gains amid hopes for an extended ceasefire between Washington and Tehran
Loonie posts vast monthly gains amid hopes for an extended ceasefire between Washington and Tehran
May 28, 2026
The Canadian dollar rose sharply against its US counterpart on Thursday, recovering from a six-week low as optimism grew over the possibility of reaching an agreement to extend the ceasefire in the Middle East, boosting investor risk appetite. The Canadian dollar, known as the loonie, climbed 0.4% to C$1.3780 against the US dollar, equivalent to 72.57 US cents, heading for...
Kiwi rushes higher after RBNZ hints
Kiwi rushes higher after RBNZ hints
May 27, 2026
The New Zealand dollar rose broadly on Wednesday against a basket of global currencies, moving toward its highest level in at least two weeks against its US counterpart, after hawkish signals from the Reserve Bank of New Zealand following its decision to leave interest rates unchanged. The decision came amid a sharp division and a historic vote split within the...
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US STOCKS-Indexes end lower as Israel-Iran fighting raises investor anxiety
US STOCKS-Indexes end lower as Israel-Iran fighting raises investor anxiety
Jun 17, 2025
* Solar stocks drop as US Senate proposes to phase out tax credits * Eli Lilly ( LLY ) to acquire Verve Therapeutics ( VERV ) for up to $1.3 bln * Retail sales post biggest drop in four months in May * Indexes: Dow down 0.7%, S&P 500 down 0.8%, Nasdaq down 0.9% (Updates close with volume, share moves)...
COLUMN-Foreign central banks are shrinking U.S. asset exposure: McGeever
COLUMN-Foreign central banks are shrinking U.S. asset exposure: McGeever
Jun 17, 2025
ORLANDO, Florida, June 17 (Reuters) - As debate rages around 'de-dollarization' and the world's appetite for dollar-denominated assets, one major cohort of overseas investors appears to be quietly backing away from U.S. securities: central banks. That's the conclusion to be drawn from the New York Fed's latest 'custody' data, which shows a steady decline in the value of Treasuries and...
US STOCKS-Wall Street futures steady ahead of Fed's interest rate verdict
US STOCKS-Wall Street futures steady ahead of Fed's interest rate verdict
Jun 18, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures up: Dow 0.21%, S&P 500 0.28%, Nasdaq 0.35% June 18 (Reuters) - U.S. stock index futures edged higher on Wednesday ahead of the Federal Reserve's monetary policy decision, while the Israel-Iran conflict entered its sixth day, with new...
Euro zone bond yields inch higher ahead of Fed meeting
Euro zone bond yields inch higher ahead of Fed meeting
Jun 18, 2025
LONDON, June 18 (Reuters) - Euro zone bond yields nudged higher on Wednesday as investors awaited the outcome of the Federal Reserve meeting later in the day for any hints about the timing of further rate cuts, and kept a wary eye on developments in the Middle East. Germany's 10-year bond yield was up 1 basis point on the day...
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Kobrea Starts Exploration at Western Malargue Copper Projects in Argentina
Kobrea Starts Exploration at Western Malargue Copper Projects in Argentina
Jan 8, 2025
09:25 AM EST, 01/08/2025 (MT Newswires) -- Kobrea Exploration ( KBXFF ) on Wednesday said that field crews have been mobilized to start the 2025 exploration program at multiple porphyry prospects on the company's Western Malargue Copper Projects in Argentina. Kobrea holds the right to earn a 100% interest in the seven projects comprising over 733 square kilometers. The inaugural...
Lloyd's of London CEO Neal to leave in 2025
Lloyd's of London CEO Neal to leave in 2025
Jan 8, 2025
LONDON, Jan 8 (Reuters) - Insurance market Lloyd's of London said on Wednesday that Chief Executive John Neal would leave in 2025 and join U.S. insurance broker Aon . Neal will become global chief executive of Aon's reinsurance business and global chairman of climate solutions, Lloyd's said in a statement. In a separate statement, Aon said Neal would report to...
Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk
Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk
Jan 8, 2025
Jan 8 (Reuters) - Southern California Edison, a subsidiary of U.S. utility Edison International ( EIX ) that operates in California, has cut power to more than 110,000 customers to prevent damage to distribution lines from the wildfire, the company said on Wednesday. The wildfire has so far burned nearly 3,000 acres (1,200 hectares) in the Pacific Palisades area between...
Market Chatter: Stellantis Deal on Turkish Unit to Be Discussed by Competition Regulator
Market Chatter: Stellantis Deal on Turkish Unit to Be Discussed by Competition Regulator
Jan 8, 2025
09:30 AM EST, 01/08/2025 (MT Newswires) -- Stellantis' ( STLA ) sale of its Turkish distribution business to Tofas Turk Otomobil Fabrikasi will be discussed by the country's competition regulator, Bloomberg reported Wednesday, citing people familiar with the matter. The Turkish Competition Authority's meeting Wednesday will reconsider its previous decision to block the 400 million-euro ($412 million) deal last year...
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