NEWS reuters
Australia seeks to rein in defence spending blowouts, delays
Australia announced changes on Thursday to the way it manages the delivery of defence projects, aiming to curb billions of dollars in cost overruns and lengthy delays.
reuters
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.Under the proposal, OpenAI has suggested that o…
reuters
Posco Holdings To Invest 29.1 Trln Won By 2028
Posco Holdings Inc KRX:005490:
reuters
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has discussed giving a 5% stake to the U.S. government, the Financial Times reported on Thursday.Reuters could not immediately verify the report.
reuters
reuters
Renova Inc - Notice Of Resumption Of Operation Of Karumai West Solar Power Plant
Renova Inc TSE:9519:
NEWS reuters
OpenAI Proposes Handing Trump Administration 5% Stake - FT
Source: https://tinyurl.com/23e54wzp
NEWS reuters
US provisional mortality rate falls 4.6% in 2025, flu deaths rise
By Christy SanthoshThe U.S. provisional death rate fell 4.6% in 2025, with heart disease, cancer and unintentional injuries remaining the leading causes of mortality, the Centers for Disease Control and Prevention said on Thursday.The age-adjusted death rate fell to 689.2 deaths per 100,000 people…
reuters
Kawasaki Heavy says to raise about $1.23 billion via sale of shares and convertible bonds
Japan's Kawasaki Heavy Industries TSE:7012 plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to overseas investors to fund capital expenditure, the company said on Thursday.The company plans to raise about 92.7 billion yen through new share issuance fo…
reuters
Chinese and US risks mean EU chip sector faces a 'bleak future,' report says
By Toby SterlingChinese export controls, dependence on the U.S. for technology and the structural weakness of Europe's domestic chip industry mean it faces a "bleak future," an EU-funded report found on Thursday.The independent report by the European Union's Institute for Security Studies and Frenc…
NEWS reuters
NIIF Infrastructure Finance accepts bids for dual-tranche bond issue, bankers say
India's NIIF Infrastructure Finance has accepted bids worth an aggregate of 9.85 billion Indian rupees ($103.75 million), for bonds maturing in five years and five months and in nine years and 11 months, three bankers said on Thursday.It will pay a coupon of 7.80% on the shorter duration papers and…
NEWS reuters
Japan likely reaped record tax revenues last year, sources say
Japan's tax revenue likely exceeded 84 trillion yen ($516.92 billion) in fiscal 2025 to hit a record for the sixth straight year, two government sources said on Thursday.The increase may help Prime Minister Sanae Takaichi's administration reduce its reliance on fresh debt issuance to fund big spend…
reuters
India's IIFL Finance eyes second dollar bond sale in under a month, bankers say
By Dharamraj DhutiaIndian gold loan financier IIFL Finance NSE:IIFL plans to raise $300 million through a four-year dollar bond sale, its second such fundraise in less than a month, two merchant bankers said on Thursday.The non-banking finance company has set initial price guidance at about 7.85% f…
reuters
Indian shares open higher as oil prices drop on US-Iran talks
Indian shares opened higher on Thursday as crude oil prices dropped below $71 per barrel after Qatar said Iran and the U.S. made "positive progress" in indirect talks that concluded on Wednesday.The benchmark Nifty 50 NSE:NIFTY rose 0.23% to 24,062.2, while the BSE Sensex BSE:SENSEX added 0.21% to…
Yuan holds steady against dollar as markets await US payrolls
China's yuan traded flat in a tight range against the dollar on Thursday, as investors awaited U.S. jobs data that could shape the Federal Reserve's rate outlook.The yuan FX_IDC:USDCNY was last 0.02% higher at 6.7865 to the dollar, after trading in a narrow range of 6.7834 to 6.7925.The offshore yu…
reuters
Spot gold may retest resistance at $4,120
Spot gold TVC:GOLD may retest resistance at $4,120 per ounce, a break above which could lead a gain into the $4,141-$4,174 range.The metal is presumed to be riding on a wave c, the third wave of an irregular flat from the June 25 low of $3,959. This wave is capable of travelling into the $4,141-$4…
reuters
Nvidia Partners With AI Clouds For Revenue-Sharing & Credit-Support Model
NVIDIA Corp NASDAQ:NVDA:
NEWS reuters
Green Climate Fund commits $50 million to Vietnam-based Mekong Capital fund
GREEN CLIMATE FUND: COMMITS $50 MILLION OF INVESTMENT IN VIETNAM-BASED PRIVATE EQUITY MEKONG CAPITALGREEN CLIMATE FUND: FUNDING IS AIMED AT HELPING FARMERS ADOPT LOWER-EMISSION, CL
Iron ore rises as China restricts some Fortescue cargoes
By Emily Ou YongIron ore futures rose on Thursday, after China moved to restrict deliveries of certain Fortescue ASX:FMG products to some local steel mills, tightening supply in the world's largest market of the steelmaking ingredient.The most-traded September iron ore contract on China's Dalian Co…
reuters
Kawasaki Heavy Industries Ltd - To Raise 92.7 Billion Yen From New Share Offering
Kawasaki Heavy Industries Ltd TSE:7012: