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Tass Report Comes After Ukraine Says Russian Attack Hit Civilian Bus, Killing 9 People

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Russian Forces Hit Ukrainian Military Equipment Staging Area In Ukraine's Sumy, Tass Reports Ctiing, Russian Defence Ministry

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[UK Businesses: Male-led Firms Hold Significantly More Debt Than Female-led Firms] A Report By Finance Broker Swoop Funding Analyzing Over 50,000 UK Businesses Revealed That Male-led Companies Hold Significantly More Business Debt, Totaling £9.5bn (€11.2bn) Compared To £769m (€904.7m) For Female-led Companies. The Average Debt For Male-led Firms Is £315,000 (€370,603.8), While For Female-led Firms It Is £91,000 (€107,034.7). Separately, Data From The British Business Bank Shows That For Every £1 (€1.2) Of UK Venture Capital Investment, All-female Founder Teams Receive Less Than 1p, Whereas All-male Teams Get 89p.

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[US And Vietnam Conduct First Ministerial-level Trade Talks Amid Tariff Concerns] Vietnam And The United States Held Their First Direct Ministerial-level Trade Negotiations In Jeju, South Korea, On Friday, Aiming To Foster A Stable Economic Relationship. The Talks Occurred As The U.S. Considers A 46% Tariff On Certain Imports, Currently Postponed Until July. Vietnam, Which Had A $123.5 Billion Trade Surplus With The U.S. In 2023, Stated The U.S. Agreed With Its Approach And Proposal For Future Technical-level Discussions.

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Ukraine's Military: Russian Attack Hits Bus With Civilians In Ukraine's Sumy Region, There Are Injuries

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Attack Comes After First Direct Russia-Ukraine Peace Talks In Three Years

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[White House: Moody's Downgrading US Sovereign Credit Rating Is A "political Decision"] On May 16 Local Time, The White House Criticized The Decision Of International Credit Rating Agency Moody's To Downgrade The US Sovereign Credit Rating That Day, Calling It A "political Decision."

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[FDA Approves First Blood Test Technology For Diagnosing Alzheimer's Disease] The U.S. Food And Drug Administration (FDA) Said On Friday That It Has Approved Fujirebio Diagnostics' Blood Test Technology "Lumipulse" For Diagnosing Alzheimer's Disease, Becoming The First Approved Alzheimer's Blood Test Device. Blood Tests Can Speed Up The Diagnosis Of The Disease And Make Treatments More Accessible To More People. Other Methods Of Detecting Alzheimer's Disease Include Spinal Puncture, Which Requires Invasive Puncture To Collect Cerebrospinal Fluid, Or Expensive PET Brain Scans, Which Health Insurance Companies May Not Provide Reimbursement

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[First-line Observation Of Yiwu International Trade City: Merchants Are Facing A "burst Of Orders" And Tight Shipping Capacity, And The Trade With The United States Has Been Accelerated] After China And The United States Lowered Tariffs On Each Other, Reporters Visited Yiwu And Found That Merchants Were Experiencing Sweet Troubles: Warehouses Were Full Of Goods Waiting To Be Shipped, Computer Order Pages Were Constantly Refreshed, American Merchants Kept Sending Orders, And Production Workshops Were "full Firepower"... American Orders Surged On The Merchant Side, And The Logistics Side Saw Tight Shipping On The US Line And Rising Freight Rates. Looking Ahead, Executives Of Many Interviewed Listed Companies Are Cautiously Optimistic About The Trade Environment, And Are Planning Long-term Layouts In The "uncertainty" To Avoid Trade Risks. Among Them, Opening Up Multiple Markets And Building Overseas Warehouses Have Become The Key To The Long-term Layout Of Many Listed Companies

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South Korea President Yoon: He Is Leaving Conservative Party

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The United States Has Restricted Imports Of Brazilian Chicken Products Due To The Avian Flu Outbreak

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[Report: Trump Administration's Plan To Set Up A Sovereign Wealth Fund Encounters Obstacles] According To People Familiar With The Matter, US President Trump Has Put On Hold Plans To Set Up A Sovereign Wealth Fund After Three Months Of Discussions By Government Officials Failed To Provide The Broad Investment Flexibility He Expected. The Grand Plan To Establish A Fund Comparable To The Trillion-dollar Funds Owned By Major Oil Producers Has Encountered Obstacles From Legal, Financial And Political Realities And Has Been Relegated To A Lower Priority. The Government Is Now Considering Establishing A Simpler, More Limited Investment Vehicle That Can Operate Using Existing Institutions Without The Need For Additional Congressional Approval

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[CME Faces Shock: U.S. Commerce Secretary Lutnick Launches U.S. Treasury Futures Trading Next Week] The Fmx Futures Exchange, Founded By U.S. Commerce Secretary Lutnick, Will Launch Long-awaited U.S. Treasury Futures Trading Next Week, A Blow To The Chicago Mercantile Exchange Group (CME Group Inc.), Which Dominates The Market. According To People Familiar With The Matter, The Fmx Futures Exchange Will Launch Its U.S. Treasury Futures As Early As Next Monday (May 19), And Futures Brokers Tested Trading On The Exchange On Friday. The Contract Was Originally Scheduled To Start Trading At The End Of March, But Trading Was Delayed Due To Clearing Operation Issues And Volatility Caused By Tariffs. Lutnick Spun Off Fmx From Interdealer Brokerage Giant Bgc Group Inc. In April Last Year

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[Fannie Mae And Freddie Mac Stocks Surge On Privatization Hopes Amidst Market Stability Concerns] Shares Of Fannie Mae And Freddie Mac Have Significantly Increased, Up 138% And 92% Year-to-date Respectively, Amid Rising Prospects Of Their Re-privatization After Being Under Government Conservatorship Since 2008. However, Investment Firms Like PIMCO Have Warned That A Rushed Exit From Government Control Could Lead To Higher Mortgage Rates For Borrowers And Negatively Impact The Stability Of The US Mortgage Market, Where The Agencies Account For 70% Of Activity.

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UN Aid Chief: We Demand Rapid, Safe, And Unimpeded Aid Delivery For Civilians In Need - 'Let US Work'

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UN Aid Chief: We Have 160000 Pallets Of Aid Ready To Move Now

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UN Aid Chief: UN Plan Backed By Donors, Vast Majority Of International Community, Can Start Today If Allowed

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UN Aid Chief In Response To US-Backed Plan For Gaza Aid: 'Let's Not Waste Time, We Already Have A Plan'

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US President Trump: India Trade Deal Will Be Reached Soon, I Am Not In A Hurry. Pakistan Will Be Happy To Develop Trade With The United States

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Trump: Great Conversations With Pakistan

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US President Trump: Iran "desperately" Wants To Reach A Deal

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[Israeli Army: A New Round Of Large-scale Offensive In Gaza Has Begun] The Israeli Defense Forces Issued A Statement On The Evening Of The 16th, Saying That In The Past 24 Hours, The Israeli Army Has Launched Large-scale Air Strikes In Many Areas Of The Gaza Strip And Mobilized Ground Forces To Achieve Control Of Key Combat Areas And Prepare For Further Expansion Of Military Operations. The Statement Said That The New Offensive Aims To Achieve All Goals Of The War, Including Rescuing All Detained Persons And Completely Defeating The Palestinian Islamic Resistance Movement

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[Appeals Court Hears Arguments Over CFPB Staff Reduction] Federal Appeals Court Judges In Washington Are Considering A Government Appeal Seeking To Overturn A March Lower-court Ruling That Temporarily Blocked Plans To Fire Most Workers At The U.S. Consumer Financial Protection Bureau (CFPB). The Trump Administration Has Sought To Significantly Downsize The Consumer Watchdog Agency, While A Worker Union Sued To Halt What It Described As Efforts To Dismantle It, Leading To The Current Court Review Of The Extent Of The Administration's Power And The Court's Authority.

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Yomiuri Newspaper: Nissan Is Considering Plan To End Vehicle Production At Its Plants In South Africa, India And Argentina, And Closing Two Factories In Mexico

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Yomiuri Newspaper: Nissan Is Preparing Plans To Close Two Plants In Japan, Its Oppama Plant And Subsidiary Nissan Shatai's Shonan Plant

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Trump Administration To Release Audio Of Biden's Special Counsel Interview, New York Times Reports

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US President Trump: Israeli Prime Minister Netanyahu Faces A Serious Situation

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[Bank Of America Strategists: Still Expect Structural Factors To Drive More Yen Selling Than Buying] "The Lack Of Progress In U.S.-Japan Trade Negotiations And Concerns About The Japanese Government's Fiscal Situation Have Been Difficult To Dissipate, Leading To Weakness In The Yen And Japanese Government Bonds," Bank Of America Strategists Athanasios Vamvakidis And Claudio Piron Wrote. "We Still Believe That Structural Factors Will Drive More Yen Selling Than Buying, As Confirmed By Recent Balance Of Payments Data."

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UK's Starmer Talks Of Youth Mobility Deal From EU Summit, Times Reports

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According To People Familiar With The Matter, Sanmina Is In Talks To Acquire Amd's Zt Server Assets, And The Negotiations Are At An Advanced Stage

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[Moody's Downgrades US Credit Rating Citing Rising Debt] Moody's Downgraded The United States Credit Rating One Notch From "aaa" To "aa1" On Friday, Citing The Nation's Rising Debt And Interest Costs Which It States Are Significantly Higher Than Similarly Rated Sovereigns. The Ratings Agency Noted That Successive US Administrations And Congress Have Failed To Agree On Measures To Reverse The Trend Of Large Annual Fiscal Deficits And Growing Interest Costs. The Downgrade Occurred As A US Tax Bill That Would Add Trillions To The Federal Debt Failed To Clear A Procedural Hurdle In Congress.

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Russia's Investment Envoy Dmitriev Says First Russia-Ukraine Talks In Three Years In Turkey Yielded Good Results, Ceasefire Options That May Work

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Fitch On Greece: Outperformance Reflects Structural Fiscal Improvements

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At The End Of Trading In New York On Friday (May 16), S&P 500 Futures Rose 0.22%, Dow Futures Rose 0.29%, NASDAQ 100 Futures Fell 0.06%, And Russell 2000 Futures Rose 0.31%

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Fitch On Greece: View Government's Commitment To Small Budget Deficits & Steady Decline In Debt/GDP To Be Highly Credible

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The ICE Dollar Index Fell About 15 Points In The Short Term, Approaching 100.95 Points After Moody's Downgraded The US Rating, And The Overall Increase In The Day Narrowed To Less Than 0.2%

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[New York Gold Futures Fell More Than 4.3% This Week, The Worst Single-week Performance In Six Months, And The Philadelphia Gold And Silver Index Fell More Than 7.3%] At The End Of New York Trading On Friday (May 16), Spot Gold Fell 1.21% To $3,200.00/ounce, A Cumulative Decline Of 3.72% This Week, And Rebounded After Falling To $3,120.98 On Thursday. Comex Gold Futures Fell 0.79% To $3,201.10/ounce, A Cumulative Decline Of 4.32% This Week (a Decline Of 4.62% In The Week Of November 15, 2024), And Fell To $3,123.30 On Thursday. The Philadelphia Gold And Silver Index Closed Down 0.11% At 178.36 Points, A Cumulative Decline Of 7.35% This Week. Spot Silver Fell 1.06% To $32.2931/ounce, A Cumulative Decline Of 1.32% This Week. Comex Silver Futures Fell 1.13% To $32.430/ounce, A Cumulative Decline Of 1.50% This Week. Comex Copper Futures Fell 1.96% To $4.5915 A Pound, Down 1.32% This Week

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Pence, Former US Vice President And Trump's Partner In His First Term, Said That It Was A "bad Idea" For President Trump To Accept Qatar's Gift Of A Luxury Aircraft As "Air Force One" (the Presidential Plane). This Will Increase Concerns About Security Risks And Possible Violations Of The Constitution

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[American Airlines Boeing Passenger Plane Suffered Hydraulic Failure After Takeoff] On May 16, The Federal Aviation Administration (FAA) Said That American Airlines Flight 1884 Landed Safely At Nashville International Airport At Around 13:15 On The Same Day After The Crew Reported A Hydraulic Failure. It Is Reported That The Boeing 737-800 Passenger Plane Took Off From Chicago O'Hare International Airport And Was Originally Scheduled To Go To Orlando International Airport In Florida. The Federal Aviation Administration Said It Would Investigate The Incident

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Moody's: Anticipate US' Federal Debt Burden Will Rise To About 134% Of GDP By 2035, Compared To 98% In 2024

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FAA Held 'Productive' Talks With Airline Representatives To Address Flight Delays And Congestion At Newark Liberty International Airport -FAA Statement

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Moody's Downgrades US Rating To Aa1, Outlook Stable

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Moody's: US' Long-Term Local- And Foreign-Currency Country Ceilings Remain At Aaa

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[US Consumer Sentiment Hits Record Low Amidst Market Rally After Trade Truce] According To The University Of Michigan Survey, U.S. Consumer Sentiment Expectations Reached Their Lowest Point Since 1980, While One-year Inflation Expectations Rose Above 6%, The Highest Since 1981. Following The US-china Trade Truce Pausing Tariffs For 90 Days, Financial Markets Saw Significant Rallies, With The S&P 500 Gaining 5% And The Nasdaq 7%, Reaching Two-month Highs, And Germany's DAX Hitting A Record High. Bond Yields Also Rebounded As Expectations For Fed Rate Cuts And Chinese Stimulus Were Pared Back.

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Federal Reserve: U.S. Bank Deposits Were $18.149 Trillion Last Week, Compared With $18.105 Trillion The Previous Week

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S&P: Rwanda Affirmed At 'B+/B', Outlook Remains Stable

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U.S. Commodity Futures Trading Commission (CFTC): In The Week Of May 13, Hedge Funds Increased Their Long Yen Positions To The Highest Level Since September 2019

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S&P: South Africa's Growth Will Be Limited By Potential USA Tariffs And Global Tariff-Related Risks

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The United States Is Developing A Plan To Relocate 1 Million Palestinians To Libya

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Walmart Adds New Position To Oversee International Growth, Names Albright International Chief Growth Officer

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