E-Learning

World shares push higher as US stocks inch toward their records

Shares advanced Wednesday in Europe and Asia after U.S. stocks drifted closer to their records. Lee's victory caps months of political turmoil triggered by the stunning but brief imposition of martial law by the now-ousted conservative leader Yoon Suk Yeol. Top priorities will include government spending and trade negotiations with the United States. Toyota Motor Corp.'s shares rose 1.9% after it announced it was buying Toyota Industries Corp., a maker of auto parts and lift trucks, for $33 billion and taking it private.

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Asian stocks rise, dollar wobbles as trade uncertainty persists

SINGAPORE (Reuters) -Asian equities rose on Wednesday lifted by technology shares and the dollar drifted as higher U.S. duties on steel and aluminium took effect, marking the latest chapter in the trade war that has rattled the markets for much of the year. Investor focus has been on the pace of trade negotiations and the lack of significant progress. Wednesday is the deadline for U.S. trading partners to submit their proposals for deals that might help them avoid Trump's hefty "Liberation Day" tariffs from taking effect in five weeks.

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Trump-Tied ‘Truth Social Bitcoin ETF’ Edges Closer to Launch

(Bloomberg) -- Trump Media & Technology Group Corp. appears to be one step closer to launching an exchange-traded fund tied to Bitcoin, joining the crowded field of crypto-investment offerings for the retail masses.Most Read from BloombergWhere the Wild Children’s Museums AreBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryThe Global Struggle to Build Safer CarsAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Passes Budget That Trims Police, Fire Spending

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Australia's muted Q1 economic growth signals need for more stimulus

SYDNEY (Reuters) -Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the engine of activity last year, sputtered to a standstill, underlining the need for more policy stimulus. The Reserve Bank of Australia has already cut interest rates twice since February to 3.85% and the minutes of the May policy meeting showed that it was open to an outsized half-point move as U.S. tariffs darkened the outlook for the global economy. "The main takeaway is that the expected tentative recovery in private demand continues to underwhelm," said Pat Bustamante, a senior economist at Westpac.

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Vanguard new ex-China ETF followed push from Missouri Republicans

(Reuters) -Investment manager Vanguard's new exchange-traded fund targeting emerging markets outside of China appears to have followed a push from the Missouri State Treasurer's office for products excluding Chinese stocks. The product highlights a new front in the decoupling of economic links between the U.S. and China as a result of the trade war U.S. President Donald Trump has begun between the world's two largest economies. Vanguard filed on May 30 with the U.S. Securities and Exchange Commission to launch the Vanguard Emerging Markets Ex-China ETF.

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Is Nvidia Stock a Buy Now?

Consequently, there is insatiable demand for AI services among users, as well as AI-related infrastructure for businesses. No company has benefited more from this trend than Nvidia (NASDAQ: NVDA). Should you buy this top AI stock right now?

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Oil slips on rising OPEC+ output, despite Canadian supply concerns

Oil prices slipped in Asian trade on Wednesday, weighed down by concerns of increasing OPEC+ output and tariff tension that threatens the global economic outlook, though worries about Canadian supply provided a floor. Both benchmarks climbed about 2% on Tuesday to a two-week high, driven by worries over supply disruption from Canadian wildfires and expectations that Iran would reject a U.S. nuclear deal proposal key to easing sanctions on the major oil producer. "Despite fears over Canadian supply and stalled Iran-U.S. nuclear talks, oil markets are struggling to extend gains," said Tsuyoshi Ueno, senior economist at NLI Research Institute, adding that the OPEC+ increases were capping the upside.

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Where Will Energy Transfer Be in 1 Year?

Energy Transfer is a large North American midstream business. There are even more projects in Energy Transfer's backlog. Energy Transfer (NYSE: ET) is a midstream master limited partnership (MLP) with a lofty 7.5% distribution yield.

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