2103 ET - Bitcoin rises in early Asian trade, gaining 0.6% to $64,167.13. The cryptocurrency's recent gains are driven by the softer-than-expected U.S. jobs print for June, which immediately eases rate hike pressure, Sygnum Bank chief investment officer Fabian Dori says. Still, while growing rate c…
Gold steadied around $4,150 an ounce on Tuesday after a volatile start to the week, as investors awaited the minutes of the Federal Reserve’s June meeting for fresh clues on the outlook for interest rates.Data released last week showed US job growth slowed sharply in June, while payroll figures for…
Brazilian power firm Equatorial BMFBOVESPA:EQTL3 and Spain's Iberdrola BME:IBE are in talks with Enel MIL:ENEL to buy assets of the Italian firm in Brazil, Brazilian newspaper Valor Economico reported on Monday, citing sources.
Iran's Revolutionary Guards fired at least two missiles at commercial ships transiting through the Strait of Hormuz, leaving two vessels with significant damage but there were no casualties, Axios reported on Monday, citing a U.S. official.
By Rocky SwiftJapanese government bond (JGB) yields held near multi-decade highs on Tuesday as fiscal and inflation concerns loomed before a sale of super-long-term debt.Here are a few details:($1 = 162.1500 yen)
Mont Royal Resources ASX:MRZ is best understood as a pre-revenue critical minerals developer whose value is overwhelmingly tied to Ashram in Québec rather than to near-term cash flow. The core bull case is that Ashram is large enough and strategically relevant enough to matter as Western supply cha…
The yen consolidates against the dollar and other currencies amid mixed developments. On the one hand, "concerns over fiscal expansion [in Japan] and perceptions that the BoJ is still behind the curve have kept depreciation pressure on the JPY," two strategists at OCBC Group Research say in a resea…
Live cattle futures on the Chicago Mercantile Exchange closed narrowly mixed on Monday as pressure from last week's lower cash trades and a jump in feedgrain futures offset support from tight cattle supplies, traders said.CME's benchmark August live cattle CME:LE1! futures contract settled down 0.1…
Energy Transfer LP NYSE:ET:
SpaceX on Monday announced a new plan to build an AI-focused data center and confirmed it is proceeding as scheduled with deorbit operations for about 100 first-generation Starlink satellites, according to 36Kr. The company said it plans to construct the data center in the U.S. Midwest to support A…
Even Realities said on July 6 that it has raised $150 million in a Pre-B round at a post-money valuation of more than $1 billion, becoming a unicorn, according to 36Kr. The round was co-led by Meituan Longzhu and Meituan Strategic Investment, with Tencent and other existing shareholders participati…
Northern Minerals: Will Provide Relevant Share Registry Info to Australia Treasury
The Shanghai Gold Exchange said it has approved the admission of Hong Kong Precious Metals Central Clearing System Co., Ltd. as an international member, according to 36Kr. The exchange disclosed the decision in a notice dated July 7.
2020 ET - Japanese shares are lower in early trade, led by losses among technology and chip-related names. "The profitability of AI investment is still a risk factor to monitor," two strategists at BofA Securities Japan say in a recent research report. "We also need to assess the underlying traject…
SK hynix Inc. Sponsored GDR (000660) was scheduled to debut on the Nasdaq later in the week, with reports noting strong investor demand for AI-related chip stocks ahead of the list
South Korea's Kospi Extends Losses; Last 3.0% Lower at 7806.25
Fiserv (FISV) share price gained 4% after-hours amid a report that several top financial institutions are looking to acquire a network owned by the firm to bypass federal caps on debit card transaction fees.Wall Street giants, including JPMorgan Chase, Bank of America, Wells Fargo and PNC Financial…
WiseTech Global Ltd ASX:WTC:
Shares of Crinetics Pharmaceuticals (CRNX) surged nearly 100% in after-hours trading on Monday after Vertex Pharmaceuticals (VRTX) announced it will buy the company for about $10 billion.The deal values Crinetics at $85 per share in cash, representing a potential upside of about 100% from the stock…
LG Energy Solution Ltd. reported preliminary second-quarter earnings that missed analyst estimates as weak support for electric vehicles in key markets such as the US failed to offset surging demand for energy storage systems, according to Bloomberg.
