Xi and Trump to meet soon A meeting between Xi and Trump is scheduled to take place. The meeting may yield news, but the timing of any announcements is uncertain. Japan's government is considering an extra budget, though Chief Cabinet Sec Kihara sees no immediate
Hotter-than-expected US inflation figures bolster the USD, pressuring the Australian Dollar to near 0.7250 in Asian trade. The AUD/USD pair declined to around 0.7250 during Thursday’s Asian session, driven by stronger-than-anticipated US inflation data. The figures reinfor
US producer prices surged 6.0% YoY in April, bolstering the USD and pressuring the Australian Dollar ahead of key US-China talks. The AUD/USD pair retreated to near 0.7250 in Asian trading Thursday, weighed by stronger-than-expected US inflation data. The US Producer Price
Preliminary UK GDP data for Q1 is expected to show a rebound to 0.6% growth, though geopolitical tensions may weigh on future performance. The UK Office for National Statistics will publish its preliminary Q1 GDP estimate on Thursday, with analysts forecasting a 0.6% expan
Preliminary UK GDP data for Q1 is expected to show a rebound, though March figures could reveal contraction amid Iran war fallout. The UK’s preliminary Q1 GDP report, due Thursday, is forecast to show a 0.6% expansion, rebounding from a weak 0.1% gain in Q4 2025. The impro
FWDI’s SOL position, acquired at $232.08 per token, now trades far below cost, driving near-$1B paper losses. Forward Industries (NASDAQ: FWDI) holds 6,979,967.46 SOL, purchased at an average of $232.08 per token, now marking a near-$1 billion unrealized loss. The firm’s S
PBOC sets the daily reference rate at 6.8401 CNY per USD, the strongest level in three years, lifting offshore yuan. The offshore yuan strengthened to its highest level since February 2023, trading at 6.8401 CNY per USD. The move follows the People’s Bank of China setting
StubHub expects $9.9B-$10.1B GMS in 2026 StubHub has reiterated its 2026 outlook, expecting gross merchandise sales of $9.9B-$10.1B. The company reported a solid start to 2026, with top line growth and increased profitability. In Q1 2026, GMS increased 7% to $2.2
Motorsport Games reports Q1 2026 revenue of $4 million, up over 100% year-on-year, and outlines future growth plans. Motorsport Games (MSGM) announced Q1 2026 revenue of $4 million, more than doubling its year-on-year performance. The company attributed the growth to impro
The tanker’s transit marks the third Chinese supertanker passage through the strait amid heightened regional tensions and oil trade shifts. A Chinese very large crude carrier (VLCC) carrying nearly 2 million barrels of Iraqi Basrah Medium crude exited the Strait of Hormuz