Business

Morning Bid: The new ad for chips? An AI model Breaking Bad

Wednesday, July 22 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter The AI trade is roaring back on Wednesday as export demand surges across Asia, lifting chipmaker stocks and pushing the regional benchmark to its highest in a week. MSCI's broadest index... Read More.

As the president touts Trump Accounts, some families are still waiting for baby’s $1,000

Wednesday, July 22 by SRN News

WASHINGTON (AP) - President Donald Trump says Trump Accounts could hoist children out of poverty and give more Americans the chance to benefit from investments in the stock market. But some parents say they're still waiting for the money to arrive. Trump on Wednesday plans... Read More.

Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising

Wednesday, July 22 by SRN News

TOKYO (AP) - Asian shares were mostly higher Wednesday following a rally on Wall Street, despite concerns about higher oil prices and inflation. Japan's benchmark Nikkei 225 rose 1.9% to 67,511.12, after the government reported that both imports and exports rose last month from... Read More.

Britain’s new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy

Wednesday, July 22 by SRN News

LONDON (AP) - U.K. Prime Minister Andy Burnham's announcements during his first 24 hours on the job underscore the political and financial challenges he faces as he tries to jump-start the country's sluggish economy. Burnham, from Britain's left-leaning Labour Party, faces restive voters seeking relief... Read More.

Trading Day: Stocks fly, yen sinks

Tuesday, July 21 by SRN News

By Jamie McGeever ORLANDO, Florida, July 21 (Reuters) - World stocks rallied sharply on Tuesday, with strong gains in semiconductor shares more than offsetting any angst about the U.S.-Iran war and rising oil prices, while the Japanese yen slumped to its lowest level against the... Read More.

Oil prices rise slightly after US announces new round of strikes on Iran

Tuesday, July 21 by SRN News

July 22 (Reuters) - Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after U.S. forces said it began striking Iranian military targets for the 11th straight night and Kuwait reported attacks by Iranian drones. Brent crude... Read More.

Japan’s exports jump in June on weak yen, AI-linked demand

Tuesday, July 21 by SRN News

By Makiko Yamazaki TOKYO, July 22 (Reuters) - Japan's exports rose for a tenth straight month in June, government data showed on Wednesday, driven by a weak yen and strong demand driven by AI-related data centres despite supply disruptions linked to the U.S.-Israeli war... Read More.

Australia to increase oversight on auditors after KPMG scandal, regulator says

Tuesday, July 21 by SRN News

By Scott Murdoch SYDNEY, July 22 (Reuters) - Australia's corporate regulator said on Wednesday it would increase its regulatory oversight of auditors following the KPMG leak scandal. The Australian Securities and Investments Commission (ASIC) said in a letter sent to about 2,900 auditors it would escalate... Read More.

Yen slides past 163, raising intervention alert

Tuesday, July 21 by SRN News

SINGAPORE, July 22 (Reuters) - The yen was pinned near an almost four-decade low on Wednesday as rising oil prices and U.S. Treasury yields hoisted the dollar and left traders on edge about possible Japanese intervention. On Tuesday, in New York trade, the yen hit... Read More.

Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions

Tuesday, July 21 by SRN News

HAVANA (AP) - The Spanish hotel chain Meliá said Tuesday it will completely shutter its operations in Cuba, dealing a blow to the tourism industry on the Caribbean island grappling with strict sanctions and an energy blockade imposed by the United States. A statement from... Read More.

Current Weather

Morning Bid: The new ad for chips? An AI model Breaking Bad

As the president touts Trump Accounts, some families are still waiting for baby’s $1,000

Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising

Britain’s new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy

Trading Day: Stocks fly, yen sinks

Oil prices rise slightly after US announces new round of strikes on Iran

Japan’s exports jump in June on weak yen, AI-linked demand

Australia to increase oversight on auditors after KPMG scandal, regulator says

Yen slides past 163, raising intervention alert

Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions

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