Business

US Air Force confident in fix for Boeing KC-46 refueling tanker

Tuesday, June 9 by SRN News

By Dan Catchpole June 9 (Reuters) - The U.S. Air Force is confident a fix has been found for long-running troubles with a key system on Boeing's KC-46 aerial refueling tanker, Air Force Secretary Troy Meink told a Senate subcommittee on Tuesday. Boeing and the Air... Read More.

Japan’s largest banks to jointly issue stablecoins by March 2027

Tuesday, June 9 by SRN News

TOKYO, June 10 (Reuters) - Japan's three largest banks said on Wednesday they will jointly issue stablecoins during the current fiscal year ending in March 2027, a sign of growing momentum for digital payments in a country where cash and credit cards remain popular. The... Read More.

Asian stocks slide, oil gains as Middle East tensions escalate

Tuesday, June 9 by SRN News

By Ankur Banerjee SINGAPORE, June 10 (Reuters) - Asian stocks fell on Wednesday while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries. The United... Read More.

Sydney’s new international airport to welcome first passengers in October

Tuesday, June 9 by SRN News

By Renju Jose SYDNEY, June 10 (Reuters) - Sydney's new A$5.6 billion ($3.6 billion) airport will open to passengers in October after more than a decade of planning, adding red-eye flight options from Australia's largest city as the existing hub operates under night curfew restrictions. The... Read More.

SoftBank’s attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports

Tuesday, June 9 by SRN News

June 10 (Reuters) - SoftBank Group's talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday, citing sources. The company is considering various fundraising options, the report said, adding... Read More.

Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes

Tuesday, June 9 by SRN News

By Junko Fujita TOKYO, June 9 (Reuters) - Persistent weakness in the yen and an expected hawkish shift for the Federal Reserve after a hot jobs report in the U.S. are expected to add pressure on the Bank of Japan to accelerate interest-rate increases. The Fed... Read More.

Oil rises nearly 1% as US launches new strikes against Iran, supply tightens

Tuesday, June 9 by SRN News

By Arathy Somasekhar June 10 (Reuters) - Oil prices climbed about 1% on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude... Read More.

Dollar steadies following US strikes on Iran and ahead of inflation data

Tuesday, June 9 by SRN News

By Satoshi Sugiyama TOKYO, June 10 (Reuters) - The dollar held steady against major peers on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve's policy path. The U.S. military on Tuesday launched... Read More.

NYSE short interest rose 1.8 percent in late May

Tuesday, June 9 by SRN News

NEW YORK, June 9 (Reuters) - Short interest on the New York Stock Exchange rose 1.8 percent in late May, the exchange said on Tuesday. As of May 29, short interest rose to about 21.931 billion shares, compared with 21.553 billion shares as of May... Read More.

Brazil regulator expects MAX 10 certification this year

Tuesday, June 9 by SRN News

By Gabriel Araujo and Luciana Magalhaes RIO DE JANEIRO, June 9 (Reuters) - Brazilian aviation regulator ANAC expects its U.S. counterpart, the Federal Aviation Administration, to certify the Boeing 737 MAX 10 this year and will work quickly to validate the decision locally, agency head... Read More.

Current Weather

US Air Force confident in fix for Boeing KC-46 refueling tanker

Japan’s largest banks to jointly issue stablecoins by March 2027

Asian stocks slide, oil gains as Middle East tensions escalate

Sydney’s new international airport to welcome first passengers in October

SoftBank’s attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports

Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes

Oil rises nearly 1% as US launches new strikes against Iran, supply tightens

Dollar steadies following US strikes on Iran and ahead of inflation data

NYSE short interest rose 1.8 percent in late May

Brazil regulator expects MAX 10 certification this year

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