Business

Western miners can match China’s speed if African governments cut red tape, KoBold president says

Friday, September 25 by SRN News

By Maxwell Akalaare Adombila and Olivia Kumwenda-Mtambo DAKAR/JOHANNESBURG, Sept 25 (Reuters) - The top executive of KoBold Metals said Western miners can match China's pace in developing critical minerals projects in Africa without compromising compliance standards as long as governments streamline approvals and improve coordination... Read More.

The Media Line: Chinese Nationals Among 212 Arrested as Pakistan Cracks Down on Global Call Center Fraud

Friday, September 25 by SRN News

Chinese Nationals Among 212 Arrested as Pakistan Cracks Down on Global Call Center Fraud By Arshad Mehmood / The Media Line [ISLAMABAD] Pakistani authorities have arrested 212 people, including Chinese nationals, in raids on three illegal call centers in... Read More.

Morning Bid: Bonds steal the show

Friday, September 25 by SRN News

By Anna Szymanski Sept 25 (Reuters) - Geopolitics initially took center stage this week, as the United Nations General Assembly kicked off and Chinese President Xi Jinping headed to Washington, but these meetings have ended up offering little more than talk. It was in... Read More.

US equity funds post first inflow in five weeks on renewed AI optimism

Friday, September 25 by SRN News

Sept 25 (Reuters) - US equity funds recorded their first inflows in five weeks in the week ended September 25, buoyed by strong demand for AI applications and data and oil prices' retreat from recent highs. Investors purchased US equity funds of a net $37.6... Read More.

ADARx Pharmaceuticals raises $446.3 million in upsized US IPO

Friday, September 25 by SRN News

Sept 25 (Reuters) - ADARx Pharmaceuticals said on Thursday it had raised $446.3 million in an upsized US initial public offering, reflecting growing investor appetite for biotech listings. The San Diego-based drug developer sold 26.3 million shares at $17 apiece, the top end of its... Read More.

Global equity funds snap two-week outflow as AI optimism returns

Friday, September 25 by SRN News

Sept 25 (Reuters) - Global equity funds attracted the most inflows since early July in the week to September 25, snapping a two-week selling streak as enthusiasm around artificial intelligence and a pullback of oil prices outweighed a sharp rise in government bond yields. Investors... Read More.

Dollar falls as oil cools but set for weekly gain; yen rallies

Friday, September 25 by SRN News

By Jiaxing Li and Harry Robertson HONG KONG/LONDON, Sept 25 (Reuters) - The dollar fell on Friday but was on track for its second consecutive weekly gain on rising rate hike bets, while the yen rallied after Japan said Tokyo and Washington remain committed to... Read More.

Wall St futures gain as AI enthusiasm eases worries over higher oil prices, yields

Friday, September 25 by SRN News

Sept 25 (Reuters) - US stock index futures rose on Friday as AI optimism offset weak sentiment due to worrying levels of oil prices and rising Treasury yields. Chip stocks Advanced Micro Devices, Marvell, Cerebras and Intel rose 2% each to lead gains in premarket... Read More.

US Fed plans to raise bank oversight thresholds, sources say

Friday, September 25 by SRN News

By Nupur Anand, Pete Schroeder and Saeed Azhar NEW YORK/WASHINGTON, Sept 25 (Reuters) - The US Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big banks, four people with knowledge of the matter said, which would... Read More.

Analysis-Talk of US export ban on diesel deepens US crude futures’ discount to global benchmark

Friday, September 25 by SRN News

HOUSTON, Sept 25 (Reuters) - Washington's talk of a possible ban on diesel exports is widening the gap between US crude oil futures and the global Brent benchmark, a signal that markets expect US refiners to process less crude oil if their diesel output... Read More.

Current Weather

Western miners can match China’s speed if African governments cut red tape, KoBold president says

The Media Line: Chinese Nationals Among 212 Arrested as Pakistan Cracks Down on Global Call Center Fraud

Morning Bid: Bonds steal the show

US equity funds post first inflow in five weeks on renewed AI optimism

ADARx Pharmaceuticals raises $446.3 million in upsized US IPO

Global equity funds snap two-week outflow as AI optimism returns

Dollar falls as oil cools but set for weekly gain; yen rallies

Wall St futures gain as AI enthusiasm eases worries over higher oil prices, yields

US Fed plans to raise bank oversight thresholds, sources say

Analysis-Talk of US export ban on diesel deepens US crude futures’ discount to global benchmark

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