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Defying West, Russia's Putin due to meet Xi Jinping in Beijing May 14, 2024 06:03PM

By Greg Torode and Guy Faulconbridge

HONG KONG/MOSCOW (Reuters) - Russian President Vladimir Putin's Beijing visit on Thursday is likely to be light on hard deals but will mark the start of his new presidential term with a show of support from his most powerful political partner, Chinese counterpart Xi Jinping.

Putin's two-day mission - the first visit of his new term - is expected to highlight the pair's vaunted "no limits" partnership... (continue reading...)


Morning Bid: Markets buoyant, but wary of CPI, tariffs May 14, 2024 05:47PM

By Jamie McGeever

(Reuters) - A look at the day ahead in Asian markets.

Asian markets should open in upbeat mood on Wednesday as lower U.S. bond yields and a weaker dollar reflect expectations that the Fed will cut interest rates as early as September, but the apparent serenity could be shattered in a flash.

The most obvious flash point is April's U.S. inflation report after Asia closes on Wednesday - punchier-than-expected... (continue reading...)


Biden would veto Israel assistance bill if it passes May 14, 2024 05:41PM

(Reuters) - U.S. President Joe Biden would veto a bill on Israel security assistance in Congress if it passes, the White House said on Tuesday.

(Reporting by Costas Pitas and Dan Whitcomb)


MSCI publishes quarterly index review results May 14, 2024 05:35PM

(Reuters) - Index provider MSCI said on Tuesday that 42 securities will be added and 121 securities removed from its widely followed MSCI ACWI index following its quarterly review.

The changes will be implemented as of market close on May 31.

The three largest additions to the MSCI World index will be software firm and bitcoin buyer MicroStrategy, data storage company Pure Storage and mechanical and electrical construction firm Emcor... (continue reading...)


Brazil's JBS earns nearly $320 million in Q1, beating analysts expectations May 14, 2024 05:34PM

SAO PAULO (Reuters) - Brazil's JBS SA, the world's largest meat-packer, on Tuesday reported a net profit of 1.64 billion reais ($319.74 million) for the first quarter, which beat analysts' expectations by a wide margin, according to an earnings statement.

After a strong quarter for its U.S. pork business and its beef and processed foods divisions in Brazil, JBS said earnings before interest, tax, depreciation and amortization, a measure o operating... (continue reading...)


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