Business

Oil falls more than $1 on greater flows despite US-Iran war

Friday, July 31 by SRN News

(Corrects name of company in paragraph 3 to ANZ, not ING) July 31 (Reuters) - Oil prices fell on Friday but kept on track for a monthly rise of about a fifth, as more supplies flowed through crucial maritime chokepoints, despite a lack of major... Read More.

Rare Japan-Korea joint intervention shakes up yen and won

Friday, July 31 by SRN News

SINGAPORE, July 31 (Reuters) - Japanese and South Korean authorities stepped in to buy their currencies in the open market in what sources described was a rare and an unprecedented coordinated market intervention, possibly alongside the United States. The intervention late Thursday lifted... Read More.

Most Australian teens still on social media three months after under-16 ban began, study finds

Friday, July 31 by SRN News

SYDNEY, July 31 (Reuters) - More than 8 in 10 Australian teenagers were still using social media three months after the government's landmark ban on the platforms for under-16s took effect because the tech firms failed to implement effective age checks, the country's internet... Read More.

Morning Bid: Yen sinks as BOJ holds – and it’s the KOSPI’s best day

Friday, July 31 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter What a wild ride. Markets in Asia staged a blistering rally on Friday after the scorching selloff in tech stocks earlier this week, while the yen resumed its descent as... Read More.

New York sues Kalshi, says its prediction markets are illegal gambling

Friday, July 31 by SRN News

By Jonathan Stempel NEW YORK, July 31 (Reuters) - New York's attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against illegal gambling. In a petition filed in a state court in Manhattan, Attorney General Letitia James said Kalshi failed... Read More.

China’s factory activity unexpectedly slips into contraction in July

Friday, July 31 by SRN News

HONG KONG (AP) - China's factory activity unexpectedly slowed in July, the first such contraction in five months, weighing on the pace of broader growth for the world's second-largest economy. The official manufacturing purchasing managers index, or PMI, fell to 49.2 from 50.3 in June,... Read More.

Domain registrar GoDaddy narrows annual revenue forecast

Thursday, July 30 by SRN News

July 30 (Reuters) - GoDaddy narrowed its annual revenue forecast and largely met second-quarter estimates on Thursday, amid slower adoption of AI tools and weaker customer acquisition. Here are some details: • GoDaddy has heavily invested in AI tools to help small and medium-sized businesses build... Read More.

Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market

Thursday, July 30 by SRN News

NEW YORK (AP) - A monster day for Microsoft's stock following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street Thursday, while computer-chip companies regained some of their sharp recent losses. In the... Read More.

Annual core inflation in Japan’s capital accelerates in July

Thursday, July 30 by SRN News

By Leika Kihara TOKYO, July 31 (Reuters) - Annual core inflation in Japan's capital accelerated in July, data showed on Friday, a sign of broadening price pressures from the Middle East conflict that keeps the central bank on track to consider further raise interest rates. Separate... Read More.

Human-caused climate change made Spanish, French fires much more likely, scientists calculate

Thursday, July 30 by SRN News

Climate change's fingerprints are all over the extreme fire weather that sparked this week's devastating wildfires in Spain and France and has spiked Southern Europe's burning the past eight years, two new studies conclude. Human-caused climate change made the hot and dry conditions responsible for... Read More.

Current Weather

Oil falls more than $1 on greater flows despite US-Iran war

Rare Japan-Korea joint intervention shakes up yen and won

Morning Bid: Yen sinks as BOJ holds – and it’s the KOSPI’s best day

New York sues Kalshi, says its prediction markets are illegal gambling

China’s factory activity unexpectedly slips into contraction in July

Domain registrar GoDaddy narrows annual revenue forecast

Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market

Annual core inflation in Japan’s capital accelerates in July

Human-caused climate change made Spanish, French fires much more likely, scientists calculate

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