Town Hall News

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar eased on Tuesday against a basket of major currencies but did not drift far from a two-month peak, after a deal over the U.S. debt ceiling lifted risk sentiment, although the agreement could face a rocky path through Congress. The dollar index, which measures the U.S. currency against six major peers, fell 0.02% to 104.28, not far from the two-month high […]

(Reuters) -Drones hit several buildings in Moscow causing “minor” damage and no serious injuries, with air defence systems also destroying several drones on their approach to the Russian capital, Russian officials said early on Tuesday, “All emergency services of the city are at the scene of incidents,” Moscow Mayor Sergei Sobyanin said on his Telegram messaging channel. Andrei Vorobyov, governor of the Moscow region, said on the Telegram channel that […]

By Yuka Obayashi and Muyu Xu TOKYO (Reuters) – Oil fell on Tuesday, giving up earlier gains, as concerns about the viability of the U.S. debt ceiling pact cooled the market’s risk-on sentiment and mixed messages from major producers have clouded the supply outlook ahead of their meeting this weekend. Brent crude futures fell 50 cents, or 0.7%, to $76.57 a barrel by 0453 GMT after rising by 0.5% earlier […]

SINGAPORE (Reuters) – Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were almost A$9,000 lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly. The price of the world’s biggest cryptocurrency, bitcoin, was at around A$34,000($23,062.20) on Binance Australia, compared with A$43,000 on BTC Markets, an Australia-based cryptocurrency exchange. Bitcoin was quoted at $27,790 outside Australia. […]

(Reuters) – Drones hit several buildings in Moscow causing “minor” damage and no serious injuries, the mayor of the Russian capital said early on Tuesday. “All emergency services of the city are at the scene of incidents,” Mayor Sergei Sobyanin said in a statement. Russia’s RIA state news agency reported that some residents of a building on Moscow’s Profsoyuznaya Street in the city’s south were being evacuated. Several of Russia’s […]

(Reuters) -The Miami Heat avoided becoming the first team to squander a 3-0 NBA playoff series lead after beating the Boston Celtics 103-84 in Game 7 of the Eastern Conference Finals on Monday. After a dramatic defeat in the final seconds at home in Game 6 on Saturday, Miami got the win they needed at Boston’s TD Garden to reach the NBA Finals against the Denver Nuggets, with that series […]

A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence, happy that the weekend resulted in a U.S. debt ceiling agreement and yet anxious about how the deal will fare in congress. More detail and clarity are expected around the tentative agreement in Washington to suspend the $31.4 trillion federal […]

TOKYO (Reuters) – Toyota Motor Corp’s global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China. The Japanese automaker also reported better overseas sales of battery electric vehicles (EVs), bringing the total number of battery-powered units it sold in the first four months of the year above last year’s level. Toyota in April sold 800,863 […]

By Luc Cohen NEW YORK (Reuters) – Prosecutors urged a Manhattan federal court judge on Monday to deny a request by FTX founder Sam Bankman-Fried to dismiss criminal charges accusing him of stealing billions of dollars from customers to plug losses at his hedge fund. Bankman-Fried, the 31-year-old former cryptocurrency billionaire, has pleaded not guilty to 13 counts of fraud, conspiracy, making illegal campaign contributions and foreign bribery. On May […]