OCBC Group Research cuts its gold forecast amid a more challenging near-term macro backdrop, according to a research report. A key issue for gold is U.S. real-yield repricing, especially in the run-up to potential Fed tightening, says Christopher Wong, a precious metals strategist. Gold is typicall…
0545 GMT - U.S. Treasury yields edge lower, moving in the same direction as oil prices, even as markets are increasingly focusing on factors other than geopolitical tensions. In this context, the employment report for June will be awaited on Thursday to provide further insight into labor market con…
U.S. Treasury yields edge lower, moving in the same direction as oil prices, even as markets are increasingly focusing on factors other than geopolitical tensions. In this context, the employment report for June will be awaited on Thursday to provide further insight into labor market conditions and…
By Adria CalatayudSanofi said its Nexviazyme drug met primary and secondary objectives in a late-stage clinical trial for the most aggressive variant of a rare neuromuscular condition called Pompe disease.The French drugmaker said Tuesday that the study achieved its primary goal by showing Nexviazy…
By Jason ChauChinese travel services provider Tongcheng Travel's shares tumbled after it announced an offer to acquire ride-hailing app Dida.The online travel agency, the second largest in China, said in an exchange filing late Monday that it plans to offer HK$1.42 billion, equivalent to $181.1 mil…
Hafnia: Board Appoints Soren Steenberg Jensen as CEO >HAFN
Hafnia: Mikael Skov to Join Board of Directors >HAFN
Hafnia: Mikael Skov to Step Down as CEO, Effective Sept. 1 >HAFN
Kruk Raised to Buy From Neutral by Citi
By Megan CheahAdani Ports & Special Economic Zone has agreed to sell 49% of one of its Indian ports to Swiss-based Mediterranean Shipping Company for $1.40 billion, as it seeks to boost the cargo volumes through the Kerala-based transshipment hub.The Indian port operator, part of energy and infrast…
Valuations in Japanese bond duration are getting "very appealing" but expansionary fiscal policy continues to discourage investors, Amundi Investment Institute says in its mid-year outlook. "A more hawkish Bank of Japan could improve inflation expectations and provoke a rally," Amundi says. Japanes…
By Adria CalatayudSanofi said its Nexviazyme drug met primary and secondary objectives in a late-stage clinical trial for the most aggressive variant of a rare neuromuscular condition called Pompe disease.The French drugmaker said Tuesday that the study achieved its primary goal by showing Nexviazy…
SC Estate Builder (0109.KU) - Malaysia (1st) quarter ended Apr 30: Figures Are In Ringgit (MYR). 2026 2025 Revenue 11,204,000 7,983,000 PreTax Profit 779,000 1,007,000 N…
(02:23 GMT) *Tongcheng Travel Makes HK$1.42B Cash Offer to Acquire All Shares of Ride-Hailing Firm Dida (02:26 GMT) *Tongcheng Travel: Nomura Will Make Cancellation Offer to Dida Optionholders (02:28 GMT) *Tongcheng Travel Shares Down 5.0% in Hong Kong After Falling as Much as 8.8% Earlier (02:30 G…
Higher real rates seem to reflect growth drivers as well as Federal Reserve debate around policy changes, Morgan Stanley Wealth Management says in a note. "While commentary has centered on inflation risks and the Fed's priorities regarding its 2% target, estimates of how monetary policy may respond…
(04:37 GMT) *Adani Ports & Special Economic Zone to Sell 49% Stake in India Port to Swiss-Based MSC Group for $1.40B (04:37 GMT) *Adani Ports: Partnership With MSC to Boost Volume Visibility, Ramp Up at Vizhinjam Port (04:38 GMT) *Adani Ports: MSC to Make Investment via Its Terminal Arm (05:15 GMT…
0512 GMT - The market is digesting more restrictive U.S. monetary policy, says Stephen Coltman, head of macro at 21shares, in a note. Markets have gone from pricing rate cuts at the start of the year to now expecting rate increases over the coming months, he says. Chairman Kevin Warsh's first FOMC…
The market is digesting more restrictive U.S. monetary policy, says Stephen Coltman, head of macro at 21shares, in a note. Markets have gone from pricing rate cuts at the start of the year to now expecting rate increases over the coming months, he says. Chairman Kevin Warsh's first FOMC meeting was…
Amundi Investment Institute maintains a neutral view on U.S. Treasury duration for now. "Robust U.S. labor data and high inflation are putting upward pressure on U.S. rates and confirm a neutral stance in U.S. duration," it says in its mid-year outlook. Amundi sees value on the middle part of the c…
0506 GMT - Amundi Investment Institute maintains a neutral view on U.S. Treasury duration for now. "Robust U.S. labor data and high inflation are putting upward pressure on U.S. rates and confirm a neutral stance in U.S. duration," it says in its mid-year outlook. Amundi sees value on the middle pa…
