Business

Exclusive-JPMorgan, other US banks set to help finance Japan’s $550 billion US investment plan, sources say

Tuesday, July 21 by SRN News

By Makiko Yamazaki and Tamiyuki Kihara TOKYO, July 21 (Reuters) - JPMorgan and other U.S. banks are close to agreeing to provide some financing under Japan's $550 billion U.S. investment pledge, according to two people familiar with talks between the lenders and the Japanese... Read More.

Euro zone banks tighten credit access on war fears

Tuesday, July 21 by SRN News

FRANKFURT, July 21 (Reuters) - Euro zone banks tightened access to credit in the second quarter over geopolitical instability fears, and they expect further tightening in the current quarter, the European Central Bank's quarterly Bank Lending Survey showed on Tuesday. The survey, a key input... Read More.

US strikes Iran for 10th consecutive night as Tehran strikes tanker in the Strait of Hormuz

Tuesday, July 21 by SRN News

DUBAI, United Arab Emirates (AP) - Iran attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the ship, while the United States conducted yet another round of airstrikes targeting the Islamic Republic as they struggle over control of... Read More.

Morning Bid: Oil trumps AI

Tuesday, July 21 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee Oil, not AI, is driving global markets as investors struggle with contrasting signals: hopes of mediation in the fast-spreading war in the Middle East against the backdrop of escalating U.S.-Iran... Read More.

European banks set for profit boost from lending, trading windfall

Tuesday, July 21 by SRN News

By Jesús Aguado and Tommy Reggiori Wilkes MADRID/LONDON, July 21 (Reuters) - After a surge in revenue at U.S. banks, European lenders are expected to follow suit this week when they report second-quarter earnings, powered by gains from higher interest rates and in some cases... Read More.

As Russia deploys jet-powered Shaheds, companies turn to faster interceptor drones

Tuesday, July 21 by SRN News

By Cassell Bryan-Low FARNBOROUGH, England, July 21 (Reuters) - As Russia deploys growing numbers of faster jet-propelled versions of its Shahed attack drone, some defence companies are racing to develop a new generation of faster interceptors. Among them is SkyFall, a major Ukrainian drone manufacturer, which... Read More.

Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

Tuesday, July 21 by SRN News

HONG KONG (AP) - Asian shares mostly gained on Tuesday, with markets in South Korea and Japan trading higher after recent declines due to heavy selling of stocks linked to artificial intelligence. U.S. futures edged higher, while oil prices slipped. South Korea's Kospi, which is... Read More.

Ski enthusiasts flock to sub-Saharan Africa and a snowy mountain resort in Lesotho

Tuesday, July 21 by SRN News

BUTHA-BUTHE, Lesotho (AP) - One may not expect thousands to flock each winter to Lesotho but for many ski enthusiasts from across southern Africa, the small, landlocked mountain kingdom has become the go-to place in recent years. Lesotho's high elevation and mountainous terrain combine... Read More.

Oil prices dip as mediation efforts offset US-Iran strikes

Tuesday, July 21 by SRN News

By Ishaan Arora July 21 (Reuters) - Oil prices softened on Tuesday, with markets weighing reports of mediation efforts between the U.S. and Iran against an exchange of fresh attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen's Houthis. Brent... Read More.

Dollar near one-week high as markets grapple with Gulf tensions

Tuesday, July 21 by SRN News

By Jiaxing Li HONG KONG, July 21 (Reuters) - The U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in the region stoked renewed fears over energy supplies while hopes for a ceasefire offered some... Read More.

Current Weather

Exclusive-JPMorgan, other US banks set to help finance Japan’s $550 billion US investment plan, sources say

Euro zone banks tighten credit access on war fears

US strikes Iran for 10th consecutive night as Tehran strikes tanker in the Strait of Hormuz

Morning Bid: Oil trumps AI

European banks set for profit boost from lending, trading windfall

As Russia deploys jet-powered Shaheds, companies turn to faster interceptor drones

Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

Ski enthusiasts flock to sub-Saharan Africa and a snowy mountain resort in Lesotho

Oil prices dip as mediation efforts offset US-Iran strikes

Dollar near one-week high as markets grapple with Gulf tensions

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