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Morning Bid: Ceasefire on a knife edge

Morning Bid: Ceasefire on a knife edge

By Mike Dolan May 19 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Global oil prices, stocks and bond yields levelled off on Tuesday as U.S.

Oil falls over 2% as Trump says he holds off scheduled attack on Iran

Oil falls over 2% as Trump says he holds off scheduled attack on Iran

By Anmol Choubey May 19 (Reuters) - Oil prices fell more than 2% in early Asian trade on Tuesday after U.S. President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East.

Iran war saddles global companies with $25 billion bill - and counting

Iran war saddles global companies with $25 billion bill - and counting

By Medha Singh, Deborah Mary Sophia and Bernadette Hogg May 18 (Reuters) - The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.

US SEC rescinds policy on denials of wrongdoing in enforcement actions

US SEC rescinds policy on denials of wrongdoing in enforcement actions

WASHINGTON, May 18 (Reuters) - The U.S.

Asian shares mixed, bonds recover as oil eases on Trump's Iran comments

Asian shares mixed, bonds recover as oil eases on Trump's Iran comments

By Rae Wee SINGAPORE, May 19 (Reuters) - Asian shares wobbled on Tuesday while bonds found their footing following a steep selloff after U.S. President Donald Trump's decision to pause a planned attack on Iran and his claim there was a good chance of a nuclear deal sent oil prices lower.

Australia central bank saw space to assess impact of Gulf conflict after May rate hike

Australia central bank saw space to assess impact of Gulf conflict after May rate hike

SYDNEY, May 19 (Reuters) - Australia's central bank judged interest rates to be restrictive after three hikes this year, giving it space to watch how the Iran war plays out even though inflation is set to trend higher and economic growth to slow.

NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports

NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports

May 17 (Reuters) - U.S. power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday.

Analysis-Investors bet on stability after Trump-Xi summit as Iran war concerns linger

Analysis-Investors bet on stability after Trump-Xi summit as Iran war concerns linger

By Ankur Banerjee and Samuel Shen SINGAPORE, May 18 (Reuters) - The focus on "strategic stability" during a summit between U.S.

Warsh to be sworn in as Fed chair at White House on Friday

Warsh to be sworn in as Fed chair at White House on Friday

WASHINGTON, May 18 (Reuters) - Kevin Warsh will be sworn in as U.S.

Citi partners with BlackRock's HPS for $17.5 billion private credit program

Citi partners with BlackRock's HPS for $17.5 billion private credit program

May 18 (Reuters) - U.S. banking giant Citigroup and BlackRock's HPS Investment Partners have partnered on a 15 billion euro ($17.48 billion) private credit program to expand direct lending across the EMEA region, the companies said on Monday.

Factbox-Some of the biggest power companies in US

Factbox-Some of the biggest power companies in US

May 19 (Reuters) - Major U.S. power company NextEra Energy announced a plan to acquire Dominion Energy in a $66.8 billion deal that would create one of the world's largest electric utilities.

Global banks raise yuan forecasts, fuelled by China's export strength and stable US ties

Global banks raise yuan forecasts, fuelled by China's export strength and stable US ties

SHANGHAI, May 18 (Reuters) - Some global investment houses revised up their yuan forecasts, fuelled by China's export competitiveness and steady trade relations with the U.S., the world's biggest economy.