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Today: May 21, 2025
Today: May 21, 2025

global economy

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Morgan Stanley upgrades US equities to 'overweight'

Morgan Stanley upgraded its stance on U.S. equities to "overweight", citing a slowing but still expanding global economy despite policy uncertainty.

Morgan Stanley upgrades US equities to 'overweight'
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Japan's exports slow, shipments to US fall as tariffs bite

Japan's export growth slowed in April, weighed by a decline in shipments to the U.S. as businesses in the world's fourth-largest economy braced for the hit to a

Japan's exports slow, shipments to US fall as tariffs bite
Business|Economy|Finance|World

Canada says G7 finance ministers to focus on restoring stability, growth

Finance ministers from the Group of Seven industrial democracies will try to agree on policies to restore global growth and stability,

Canada says G7 finance ministers to focus on restoring stability, growth
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Trading Day: Japan's long bond warning

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  U.S. assets in the red It was a sobering day for U.S.

Trading Day: Japan's long bond warning
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Oil prices little changed on geopolitical uncertainty, weak China demand signals

Oil prices were little changed on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a

Oil prices little changed on geopolitical uncertainty, weak China demand signals
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European shares close near nine-week high, powered by utility, telecom stocks

European stocks closed at near nine-week highs on Tuesday with utilities and telecom firms leading gains, while some positive corporate

European shares close near nine-week high, powered by utility, telecom stocks
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Japan's super-long bond yields soar to records as market frets about demand

The longest-dated Japanese government bond yields soared to all-time highs on Tuesday, with worries about demand catalyzed by a poor 20-year debt auction, in a

Japan's super-long bond yields soar to records as market frets about demand
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Treasury yields rise, dollar down amid fiscal concerns after US downgrade

Longer-dated Treasury yields gained while the dollar broadly eased on Monday amid concerns about the U.S. debt load and a tax-cut bill, following Moody's

Treasury yields rise, dollar down amid fiscal concerns after US downgrade
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G7 finance leaders seek non-tariff consensus in Canada, may face US pushback

Finance leaders from the Group of Seven industrialized democracies will strive for unity on non-tariff issues

G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
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U.S. credit grating

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets U.S.

U.S. credit grating
Business|Economy|Finance|Stock Markets

Trump’s tariffs are dragging down an already stalled housing market

Trump’s tariffs are dragging down an already stalled housing market

Trump’s tariffs are dragging down an already stalled housing market
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So, China should consume more and the US less?

A look at the day ahead in European and global markets from Wayne Cole It's been a down day so far in Asia as a miss on China retail sales underlined how far the country would have to travel to shift

So, China should consume more and the US less?
Business|Economy|Finance|Political|World

Trump to carry out tariff threats if nations don't negotiate in 'good faith,' Bessent says

President Donald Trump will impose tariffs at the rate he threatened last month on trading partners that do not negotiate in "good faith" on deals, Treasury Secretary Scott

Trump to carry out tariff threats if nations don't negotiate in 'good faith,' Bessent says
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Trade and inflation relief

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Wall Street stocks look set to sustain this

Trade and inflation relief
Business|Economy

APEC highlights 'fundamental challenges' in global trade as tariffs overshadow meeting

The Asia-Pacific Economic Cooperation group adopted a statement on Friday that cited "fundamental challenges" facing the global trading system, but

APEC highlights 'fundamental challenges' in global trade as tariffs overshadow meeting
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Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures

U.S. oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela's

Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures
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Israel inflation rate jumps to 3.6% in April in surprise gain

Israel's annual inflation rate rose unexpectedly in April to 3.6%, according to data on Thursday from the Central Bureau of Statistics that will likely keep

Israel inflation rate jumps to 3.6% in April in surprise gain
Business|Economy|Europe|World

Estonia says Russia sent jet after attempt to stop sanction-breaking ship

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to

Estonia says Russia sent jet after attempt to stop sanction-breaking ship
Business|Economy|Environment|World

Oil falls after US crude inventories rise

Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies.

Oil falls after US crude inventories rise
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A massive Trump tariff still exists on some of China’s cheapest exports

A massive Trump tariff still exists on some of China’s cheapest exports

A massive Trump tariff still exists on some of China’s cheapest exports
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Trading Day: No 'trade truce' hangover, party continues

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Risk assets extend gains Stocks, oil and bond yields

Trading Day: No 'trade truce' hangover, party continues
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How Trump's trade war has evolved

U.S.

How Trump's trade war has evolved
Business|Economy|World

Crude oil climbs more than $1.60 a barrel on tariff cuts, economic outlook

Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report.

Crude oil climbs more than $1.60 a barrel on tariff cuts, economic outlook
Business|Economy|World

Loss of dollar's role as world's dominant currency still far off, ECB's Knot says

Some of the world's major currencies will try to compete with the dollar on the global stage and could even attract some investor flows but the dollar will stay the world's key

Loss of dollar's role as world's dominant currency still far off, ECB's Knot says