Business

Oil falls more than 5% and Asian shares gain over Trump’s talk of negotiations with Iran

Wednesday, March 25 by SRN News

HONG KONG (AP) - Oil prices fell more than 5% and Asian shares gained on Wednesday over possibilities of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo's Nikkei 225 was up 2.8% to 53,721.30 in early trading. South... Read More.

Stocks bounce and oil retreats on Mideast ceasefire reports

Wednesday, March 25 by SRN News

By Tom Westbrook SINGAPORE, March 25 (Reuters) - Stocks rose and oil fell on Wednesday on reports the U.S. is seeking a month-long ceasefire in its war on Iran, and had sent a 15-point plan to Iran for discussion, raising hopes for a resumption... Read More.

CK Hutchison unit says Panama arbitration claim now tops $2 billion

Wednesday, March 25 by SRN News

By Elida Moreno PANAMA CITY, March 24 (Reuters) - A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2 billion. Panama Ports Company, which... Read More.

Currency markets drift as traders sceptical of US efforts to end Iran war

Wednesday, March 25 by SRN News

By Gregor Stuart Hunter SINGAPORE, March 25 (Reuters) - Currency markets showed signs of fatigue early in Asian trade on Wednesday, with traders cautious over U.S. President Donald Trump's efforts to bring an end to the war with Iran. While Trump told reporters at the White... Read More.

Merck nears $6 billion acquisition of Terns Pharma to boost cancer portfolio, FT reports

Wednesday, March 25 by SRN News

March 24 (Reuters) - Pharmaceutical company Merck is nearing a roughly $6 billion all-cash deal to acquire biotech firm Terns Pharma, the Financial Times reported on Tuesday, citing people familiar with the matter. The potential acquisition comes as U.S.-based Merck continues to reshape its oncology... Read More.

NCAA Tournament has best opening week on record, averaging 10.1 million viewers

Wednesday, March 25 by SRN News

The NCAA Tournament had its best first week on record, averaging 10.1 million viewers through the second round across CBS, TBS, TNT and truTV. Tournament viewership is up 7% from last year, according to Nielsen. CBS and TNT began showing all of the games in... Read More.

Meta grants senior executives stock awards to retain talent

Wednesday, March 25 by SRN News

March 24 (Reuters) - Meta Platforms on Tuesday granted restricted stock units and stock options for some of its senior executives, including CFO Susan Li and Chief Technology Officer Andrew Bosworth, tying them to performance and aggressive share price targets as it looks to... Read More.

SK Hynix files confidentiality for 2026 US listing

Wednesday, March 25 by SRN News

SEOUL, March 25 (Reuters) - South Korea's SK Hynix said on Wednesday it has submitted a confidential filing to the U.S. Securities and Exchange Commission for a possible listing of American depository receipts in 2026. "While we aim to complete the listing within 2026, specific... Read More.

US oil prices fall on prospect of Middle East ceasefire easing supply disruption

Wednesday, March 25 by SRN News

TOKYO, March 25 (Reuters) - U.S. crude futures fell about 4% in early trade on Wednesday on the prospect of a possible ceasefire easing disruption to global oil supply, following reports that Washington had sent Tehran a 15-point plan to end the war in... Read More.

US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say

Wednesday, March 25 by SRN News

By Arathy Somasekhar, Georgina McCartney and Sheila Dang HOUSTON, March 23 (Reuters) - Oil prices above $100 a barrel would not trigger a meaningful production increase in the U.S. unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy... Read More.

Current Weather

Oil falls more than 5% and Asian shares gain over Trump’s talk of negotiations with Iran

Stocks bounce and oil retreats on Mideast ceasefire reports

CK Hutchison unit says Panama arbitration claim now tops $2 billion

Currency markets drift as traders sceptical of US efforts to end Iran war

Merck nears $6 billion acquisition of Terns Pharma to boost cancer portfolio, FT reports

NCAA Tournament has best opening week on record, averaging 10.1 million viewers

Meta grants senior executives stock awards to retain talent

SK Hynix files confidentiality for 2026 US listing

US oil prices fall on prospect of Middle East ceasefire easing supply disruption

US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say

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