Trump Reaffirmed ‘Ironclad’ US-Japan Alliance After China Trip, Japan’s Takaichi Says

TOKYO, May 15 (Reuters) – ⁠Japan’s ⁠Prime Minister ⁠Sanae Takaichi said on ​Friday she and U.S. President ‌Donald Trump reaffirmed ‌an “ironclad” bilateral alliance ⁠in ⁠a phone call, which Trump joined from ​aboard Air Force One hours after ending his ​two-day visit to China. “We exchanged ⁠views on ⁠issues surrounding ⁠China, including ​the economy and …

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Ukrainian Drones Hit Oil Refinery in Russia’s Ryazan, Ukraine Says

KYIV, May 15 (Reuters) – ⁠Ukrainian ⁠drones have struck ⁠an oil refinery in Russia’s ​central city of Ryazan, the commander ‌of the Ukrainian ‌drone forces said on ⁠Friday. Ryazan ⁠is located about 200 km (120 miles) southeast ​of Moscow. Robert Brovdi, the drone forces commander, also said that ​his troops hit overnight 23 military targets …

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Trump Says China May Release the Detained Pastor but Tycoon Lai ‘Is a Tough One’

ABOARD AIR FORCE ⁠ONE, ⁠May 15 (Reuters) – U.S. President ⁠Donald Trump on Friday said he thinks Chinese ​President Xi Jinping is seriously considering releasing a detained pastor ‌in China but that ‌the case of jailed media tycoon Jimmy Lai “is a ⁠tough ⁠one.” “I think he’s giving very serious consideration to the ​pastor,” Trump …

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Can you negotiate your mortgage rate in today’s market?

A lower mortgage rate would make your home loan more affordable, but does it really make sense to negotiate now? Getty Images/iStockphoto While the mortgage rate landscape has eased substantially compared to the peaks seen in 2024 and early 2025, the reality is that today’s borrowing costs are still elevated, which is continuing to cause …

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A Bad Case of the Bond Blues

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. Hello Morning Bid readers! The long-awaited summit between ⁠U.S. President ⁠Donald Trump and his Chinese counterpart Xi Jinping hogged the spotlight this week, despite producing ⁠little market-moving news. The real story remains the stalemate in the Middle …

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Hungary’s Visa Halt Plan for Non-EU Workers Alarms Businesses

BUDAPEST, May 15 (Reuters) – Hungary’s new government faces ⁠mounting ⁠pressure to rethink a planned ⁠halt to non-EU worker visas, with companies and business groups warning ​an abrupt ban could hit output in an already tight labour market. Prime Minister Peter Magyar’s Tisza party, which ‌ended right-wing leader Viktor Orban’s ‌16-year rule in an April …

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Ukraine Doubles Strikes on Russian Oil Refineries This Year

May 14 (Reuters) – Ukraine has stepped up drone attacks on ⁠Russia’s ⁠energy infrastructure, doubling the number of ⁠oil refineries targeted since the start of the year, according to information ​posted on social media by Russian officials. The strikes, which have also hit pipelines and storage facilities, have reduced Russia’s ‌oil output – the world’s …

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