Business

South Korea starts 24-hour trading of dollar-won

Sunday, July 5 by SRN News

SEOUL, July 6 (Reuters) - South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade to developed market status on the MSCI global index. The onshore... Read More.

Oil slips after OPEC+ agrees to raise output targets

Sunday, July 5 by SRN News

By Florence Tan SINGAPORE, July 6 (Reuters) - Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. Brent crude futures slid... Read More.

Shares edge higher in Asia as oil dips, earnings loom

Sunday, July 5 by SRN News

By Wayne Cole SYDNEY, July 6 (Reuters) - Asian share markets were mostly firmer on Monday, as Wall Street futures started the week with gains on hopes for an upbeat earnings season, while easing oil prices promised relief from inflationary pressures. While there were no new... Read More.

Samsung likely to post 18-fold jump in profit on surging AI demand for memory

Sunday, July 5 by SRN News

By Heekyong Yang SEOUL, July 6 (Reuters) - Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI growth continues to strain memory supply and push chip prices... Read More.

Delta pilot reports a close encounter with a July Fourth firework before landing in Chicago

Sunday, July 5 by SRN News

NEW YORK (AP) - A Delta Air Lines flight and a high-flying firework reportedly came into contact in the sky above Chicago as the city celebrated the Fourth of July holiday. The pilot of Delta flight 1076 notified air traffic controllers just before landing at... Read More.

EasyJet’s flight path from start-up to takeover deal

Sunday, July 5 by SRN News

July 5 (Reuters) - A £5.50 billion ($7.34 billion) deal for U.S. investment firm Castlelake to acquire British budget airline easyJet, announced on Sunday, would mark a new chapter in the carrier's 31-year history. Here is a timeline of easyJet's key milestones: 1995 Founder Stelios Haji-Ioannou launches... Read More.

‘Minions & Monsters’ tops Fourth of July holiday box office, barely beating ‘Toy Story 5’

Sunday, July 5 by SRN News

LOS ANGELES (AP) - The Minions have taken down "Toy Story 5″ at the July Fourth weekend box office, but not by much. "Minions & Monsters," the seventh film in the "Despicable Me" franchise, earned $36.4 million at the holiday weekend box office, according to... Read More.

7 OPEC+ countries agree to expand monthly oil production modestly as prices slide

Sunday, July 5 by SRN News

NEW YORK (AP) - A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen to levels not seen since before the U.S. and Israel's war with... Read More.

EasyJet agrees in principle on Castlelake’s sweetened £6.90 per share bid

Sunday, July 5 by SRN News

July 5 (Reuters) - British budget carrier easyJet said on Sunday it has reached an agreement in principle with Castlelake on a sweetened £6.90-per-share takeover proposal from the U.S.-based investment firm. The new offer values easyJet at £5.23 billion ($6.94 billion). Castlelake had previously proposed £6.50... Read More.

OPEC+ set to approve another oil output increase, sources say

Sunday, July 5 by SRN News

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON, July 5 (Reuters) - OPEC+ is set to agree on Sunday another increase in output targets from August, sources with knowledge of the matter said, adding to global supply amid falling oil prices due to a... Read More.

Current Weather

South Korea starts 24-hour trading of dollar-won

Oil slips after OPEC+ agrees to raise output targets

Shares edge higher in Asia as oil dips, earnings loom

Samsung likely to post 18-fold jump in profit on surging AI demand for memory

Delta pilot reports a close encounter with a July Fourth firework before landing in Chicago

EasyJet’s flight path from start-up to takeover deal

‘Minions & Monsters’ tops Fourth of July holiday box office, barely beating ‘Toy Story 5’

7 OPEC+ countries agree to expand monthly oil production modestly as prices slide

OPEC+ set to approve another oil output increase, sources say

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