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Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
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Roblox, Morgan Stanley And 2 Other Stocks Insiders Are Selling
Roblox, Morgan Stanley And 2 Other Stocks Insiders Are Selling
Jul 29, 2024
The Nasdaq 100 closed higher by over 1% during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
Sector Update: Financial
Sector Update: Financial
Jul 29, 2024
08:59 AM EDT, 07/29/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) was up 0.4% recently. Loews ( L ) shares were up 8% after it reported higher Q2 net earnings and revenue. ...
Sector Update: Health Care
Sector Update: Health Care
Jul 29, 2024
08:55 AM EDT, 07/29/2024 (MT Newswires) -- Health care stocks were flat to higher pre-bell Monday as the Health Care Select Sector SPDR Fund (XLV) was inactive and the iShares Biotechnology ETF (IBB) was up 0.2% recently. Integra LifeSciences Holdings ( IART ) fell more than 20% after it reported lower Q2 adjusted earnings and cut its adjusted earnings per...
US STOCKS-Wall St set for higher open ahead of Fed verdict, Big Tech results
US STOCKS-Wall St set for higher open ahead of Fed verdict, Big Tech results
Jul 29, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla up after Morgan Stanley adds stock to 'top pick' list * Abbott slides after verdict on premature-infant-formula trial * Futures up: Dow 0.39%, S&P 500 0.46%, Nasdaq 0.74% (Updated at 8:25 a.m. ET/1225 GMT) By Ankika Biswas and...
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BRIEF-Blue World Acquisition Corp -On June 26,Co, Toyo Co, Notam Co., Ltd Entered Into Amendment To Amend Certain Share Purchase Deal Dated March 6
BRIEF-Blue World Acquisition Corp -On June 26,Co, Toyo Co, Notam Co., Ltd Entered Into Amendment To Amend Certain Share Purchase Deal Dated March 6
Jul 1, 2024
July 1 (Reuters) - Blue World Acquisition Corp ( BWAQ ): * ON JUNE 26,CO, TOYO CO, NOTAM CO., LTD ENTERED INTO AMENDMENT TO AMEND CERTAIN SHARE PURCHASE DEAL DATED MARCH 6 * NOTAM AGREES TO PURCHASE TOTAL OF 600,000 CLASS A ORDINARY SHARES OF CO FOR $6 MILLION Source text for Eikon: Further company coverage: ...
Olin, Westlake Lodge Anti-Dumping Complaint to European Commission Against Four Countries
Olin, Westlake Lodge Anti-Dumping Complaint to European Commission Against Four Countries
Jul 1, 2024
07:44 AM EDT, 07/01/2024 (MT Newswires) -- Olin (OLN) said Monday that the European Commission has lodged an anti-dumping complaint concerning imports of epoxy resins from China, South Korea, Taiwan, and Thailand. The European Commission took action after a complaint from Olin, Westlake (WLK), and Spolchemie, known as members of the Ad Hoc Coalition of Epoxy Resin Producers, to probe...
BRIEF-Bridger Aerospace Acquires Fms Aerospace,
BRIEF-Bridger Aerospace Acquires Fms Aerospace,
Jul 1, 2024
July 1 (Reuters) - Bridger Aerospace Group Holdings Inc ( BAER ) : * BRIDGER AEROSPACE ACQUIRES FMS AEROSPACE, BOOSTING IN-HOUSE ENGINEERING CAPABILITIES AND DIVERSIFYING ITS CUSTOMER BASE AND SEASONALITY * CONSIDERATION FOR TRANSACTION WAS $17.51 MILLION IN EQUITY * DEAL CONSIDERATION HAS ADDITIONAL CONTINGENT EQUITY EARN-OUT CONSIDERATION OF UP TO $3.09 MILLION Source text for Eikon: Further company coverage:...
AstraZeneca's Imfinzi, Lynparza Combination Recommended for Approval in Europe as Endometrial Cancer Treatment
AstraZeneca's Imfinzi, Lynparza Combination Recommended for Approval in Europe as Endometrial Cancer Treatment
Jul 1, 2024
07:41 AM EDT, 07/01/2024 (MT Newswires) -- AstraZeneca ( AZN ) said in a Monday filing that the European Medicines Agency's Committee for Medicinal Products for Human Use, or CHMP, has recommended approval for the combination of Lynparza and Imfinzi as a treatment for certain patients with primary advanced or recurrent endometrial cancer. The company said Lynparza and Imfinzi have...
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Ethereum Exchange Reserves Rise Amid Death Cross Worries, Where Will ETH Head Next?
Ethereum Exchange Reserves Rise Amid Death Cross Worries, Where Will ETH Head Next?
Sep 3, 2024
There has been a shift in the Ethereum market, as rising exchange reserves signal a potential new distribution phase coinciding with growing concerns over a death cross. This is evidenced by CryptoQuants Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. Ethereum in Jeopardy When the metric rises, it often suggests that traders are moving...
Polygon Begins Transition from MATIC to POL: Here’s What You Need to Know
Polygon Begins Transition from MATIC to POL: Here’s What You Need to Know
Sep 4, 2024
Polygon marks an important technical update today, with its native cryptocurrency migrating from MATIC to POL a move described as a critical juncture for Polygon networks, enhancing utility and aligning with the vision of Polygon as an aggregated network of blockchains. The Migration from MATIC to POL The migration is on track to take place today according to an update...
SEC Charges Crypto Advisor For Storing Money At FTX
SEC Charges Crypto Advisor For Storing Money At FTX
Sep 3, 2024
The U.S. Securities and Exchange Commission has levied another set of charges against Galois Capital – a crypto-focused advisory firm that custodied client assets at FTX. For its actions, Galois agreed to pay a civil penalty of $225,000, which will be distributed to harmed investors of the fund. Charged For Losing Money In FTX Per the SEC’s Tuesday press release,...
Ripple (XRP) IPO in the US? CEO Brad Garlinghouse Weighs In
Ripple (XRP) IPO in the US? CEO Brad Garlinghouse Weighs In
Sep 4, 2024
The prospects of Ripple Labs filing for an initial public offering have been discussed at large throughout the past couple of years. Brad Garlinghouse, the companys chief executive officer, spoke today at a fireside chat at Korea Blockchain Week, which is currently held in Seoul. Ripple IPO in the US? Speaking at the conference, Garlinghouse discussed several topics, including the...
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