Siemens Outperforms in Second Quarter, Lifts Outlook
Wall Street Journal Siemens posted an above-forecast net result in the second quarter, as profits at its industrial businesses hit a record €2.6 billion, and upgraded its guidance for the year. https://www.wsj.com/articles/siemens-raises-fiscal-2023-guidance-after-2q-profit-soared-4f7938c3
Read MoreUkraine’s Ambassador demands apology from French presenters for joke about “Zelenskyy’s circus”
Pravda Ukraine The French TV channel RTL has been caught in a scandal over a bad joke about Ukrainian President Volodymyr Zelenskyy, and the Ukrainian side is demanding an apology. Source: Vadym Omelchenko, Ukraine’s Ambassador to France, on Twitter, as reported by European Pravda Details: Omelchenko posted an excerpt from one of the programmes on…
Read MoreRussians strike hospital in Beryslav and apartment building in Kherson in morning attack
Pravda Ukraine Russian forces launched an attack on a hospital in the town of Beryslav in Kherson Oblast and an apartment building in Kherson on the morning of 17 May. Source: Oleksandr Prokudin, Head of the Kherson Oblast Military Administration, on Telegram; press service for Kherson Oblast Prosecutor’s Office Quote: “The Russian army struck a…
Read MoreEU New Car Sales Lifted by EV Demand
Wall Street Journal EU car registrations rose 17% year-on-year in April, with sales of fully electric cars up 52%. https://www.wsj.com/articles/april-new-car-registrations-rose-in-eu-ev-sales-soar-2608fd0d
Read MoreLimited Relative Value Seen in Germany’s February 2033 Bund Pre-Auction
Wall Street Journal Germany’s 2.30% February 2033 Bund, which will be reopened at an auction later on Wednesday, offers limited relative value, according to Citi. https://www.wsj.com/articles/limited-relative-value-seen-in-germanys-february-2033-bund-pre-auction-942cff74
Read MoreUkraine live briefing: Zelensky renews plea for air defenses after Russian attack damages Patriot system
Washington Post A U.S.-made air defense system was hit in a Russian attack. Ukraine shot down 18 missiles over Kyiv, but the whole country needs protection, Zelensky noted. https://www.washingtonpost.com/world/2023/05/17/russia-ukraine-war-news/
Read MoreMissouri ends rule limiting gender transition treatments for minors, some adults
Fox News Missouri’s emergency rule limiting gender transition treatments for minors and some adults was abruptly ended on Tuesday. “This emergency rule terminated effective May 16, 2023,” the Missouri Secretary of State’s website read. The rule proposed by state Attorney General Andrew Bailey would have required minors and adults to undergo more than a year…
Read MoreAircraft coalition for Ukraine will be formed this year – Ukrainian Foreign Minister
Pravda Ukraine Ukrainian Foreign Minister Dmytro Kuleba is convinced that an aircraft coalition to provide Western fighter jets to Ukraine will be formed this year. Source: Dmytro Kuleba during the national joint 24/7 newscast Edyni Novyny broadcast on 16 May, quoted by Suspilne. https://www.pravda.com.ua/eng/news/2023/05/17/7402557/
Read MoreUSD/SGD Higher as Risk Appetite Remains Weak
Wall Street Journal USD/SGD was a tad higher in Asian trade, as investors remain focused on the outcome of U.S. debt-ceiling talks. https://www.wsj.com/articles/usd-sgd-higher-as-risk-appetite-remains-weak-143e9f8f
Read MoreNew Taipei Mayor Hou Yu-ih named as KMT presidential nominee
Taipei, May 17 (CNA) New Taipei Mayor Hou Yu-ih (侯友宜) was nominated Wednesday as the opposition Kuomintang’s (KMT) presidential candidate, while the other main contender, business tycoon Terry Gou (郭台銘), vowed to support Hou’s candidacy and help him win in January 2024. https://focustaiwan.tw/politics/202305170007
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