Business

Strikes, soaring costs and M&A await BHP’s new CEO Craig

Thursday, June 25 by SRN News

By Melanie Burton and Clara Denina MELBOURNE/LONDON, June 25 (Reuters) - Newly minted BHP CEO Brandon Craig faces a crowded in-tray as he takes mining's top job on July 1, from threatened iron ore strikes and ballooning costs to a potential uranium push and a... Read More.

Aerospace parts maker Doncasters raises $919.3 million in US IPO

Thursday, June 25 by SRN News

June 25 (Reuters) - Doncasters said on Wednesday it had raised $919.3 million in its U.S. initial public offering, as the nearly 250-year-old aerospace parts maker heads for its New York debut after a turnaround. The Derby, United Kingdom-based company sold... Read More.

Rebound in tech shares pushes Asian shares higher, while oil prices fall

Thursday, June 25 by SRN News

BANGKOK (AP) - Shares were mostly higher Thursday in Asia, led by tech-driven gains in Japan and South Korea as major computer chipmakers' stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology. Oil prices fell more than $1, bringing... Read More.

Morning Bid: Micron puts chips back on the table

Thursday, June 25 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee High-stakes earnings from Micron more than delivered by outlining strong demand for its memory chips and that was enough to breathe life back into an AI-fuelled rally as investors shrugged off,... Read More.

Analysis-China’s ‘future industries’ push triggers flood of venture capital, bubble concerns

Thursday, June 25 by SRN News

By Casey Hall, Samuel Shen and Kane Wu SHANGHAI/HONG KONG, June 25 (Reuters) - Just two days after SpaceX made its historic market debut, a Chinese space startup held an investor roadshow for its maiden fundraising round by touting a mission to help China catch... Read More.

Oil prices fall as tankers exit Strait of Hormuz

Thursday, June 25 by SRN News

By Colleen Howe BEIJING, June 25 (Reuters) - Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to end the U.S.-Israeli war with Iran, easing supply concerns. Prompt-month Brent crude futures... Read More.

Exclusive-Japan’s government blueprint nudges BOJ to fuel demand, clouding rates path

Thursday, June 25 by SRN News

By Takaya Yamaguchi and Leika Kihara TOKYO, June 25 (Reuters) - Japan's government will call for monetary policy that bolsters private demand, a draft of its long-term economic blueprint seen by Reuters showed, signalling a preference for keeping borrowing costs low and setting up potential... Read More.

Snap sued over rape of minor who connected to adult attacker on Snapchat

Thursday, June 25 by SRN News

The parents of a girl who was raped when she was 12 years old by an adult stranger she met on Snapchat have sued its parent company, Snap, and the attacker in Missouri state court. The lawsuit filed Wednesday claims the social media company... Read More.

Asian stocks surge as Micron earnings ease AI fears

Thursday, June 25 by SRN News

By Ankur Banerjee SINGAPORE, June 25 (Reuters) - Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-hot AI rally that has pushed global stocks to record highs. Tech-heavy markets in Japan... Read More.

Dollar rides high on Fed rate-hike bets

Thursday, June 25 by SRN News

By Tom Westbrook SINGAPORE, June 25 (Reuters) - A surging dollar has swept past chart resistance and is heading toward its sharpest monthly gain in almost a year on Thursday, as traders bet on a strong U.S. economy propping up short-term interest rates and waited... Read More.

Current Weather

Strikes, soaring costs and M&A await BHP’s new CEO Craig

Aerospace parts maker Doncasters raises $919.3 million in US IPO

Rebound in tech shares pushes Asian shares higher, while oil prices fall

Morning Bid: Micron puts chips back on the table

Analysis-China’s ‘future industries’ push triggers flood of venture capital, bubble concerns

Oil prices fall as tankers exit Strait of Hormuz

Exclusive-Japan’s government blueprint nudges BOJ to fuel demand, clouding rates path

Snap sued over rape of minor who connected to adult attacker on Snapchat

Asian stocks surge as Micron earnings ease AI fears

Dollar rides high on Fed rate-hike bets

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