Finance
China’s CXMT surges 470% in Shanghai debut after Asia’s biggest 2026 IPO
China's leading DRAM chipmaker raised up to $9.8 billion in Asia's largest IPO of 2026, while crypto traders on Hyperliquid had already been betting on the outcome.
Finance
Finance
PBOC sets USD/CNY reference rate at 6.7911 vs. 6.7939 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7911 compared to Friday's fix of 6.7939.
Finance
British Pound strengthens beyond mid-1.3300s vs weak USD amid fresh Iran diplomacy hopes
The GBP/USD pair builds on Friday's modest bounce from a three-week low and gains strong follow-through positive traction at the start of a new week. This marks the second straight day of a positive move and lifts spot …
Finance
Middle East War updates: US-Iran pause strikes as Trump weighs up diplomatic options
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
Finance
UniCredit CEO says deal with Commerzbank likely as talks resume
FRANKFURT/MILAN, July 8 (Reuters) – One of Europe’s most cantankerous banking battles in decades is becoming more a question of how and when, not if, UniCredit secures its prize, after it disclosed it was nearing contro…
Finance
5 big analyst AI moves: Several top picks named into Q2 earnings
Artificial intelligence penny stocks sit at the intersection of two things traders love: volatility and a big story. These stocks trade at low prices, often under $5, and they belong to small companies trying to carve o…
Finance
BofA lifts cybersecurity stock targets to reflect long-term growth outlook
It's not about the iPhone 17 this time — Bank of America Securities has confidence that new products will power growth through the end of the decade, and has dramatically hiked their Apple stock target.
Finance
Goldman Sachs raises TOPIX 12-month target to 4,500 on weaker yen outlook
Following Goldman Sachs' upward revision of the TOPIX target, Citi has also joined the bullish camp for the Japanese stock market. Citi believes that Japanese equities may temporarily peak in the short term, but still h…
Finance
Michigan battles massive outbreak as state reels from Trump cuts
Rihanna took centre stage on Sunday at the Super Bowl 2023 halftime show. The highly anticipated concert was the singer's first performance in seven years.
Finance
Flavio Bolsonaro launches Brazil presidential campaign, touts support from Milei, Netanyahu
SAO PAULO, July 25 (Reuters) – Brazilian Senator Flavio Bolsonaro, eldest son of former president Jair Bolsonaro, on Saturday formally launched his bid to challenge President Luiz Inacio Lula da Silva in October’s elect…
Finance
Kuwait’s KPC signs $16 billion lease and leaseback deal for oil pipeline network
Kuwait Oil Company Signs US$ 16.0 Billion Infrastructure Partnership Involving Its Crude Oil Pipeline Network With a Consortium Comprising Blackstone, Brookfield and KKR
Finance
Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers
NVIDIA Corporation operates as a data center scale AI infrastructure company in the United States, Taiwan, China, Hong Kong, Europe, and internationally. It operates through Compute & Networking, and Graphics segments. …
Finance
China fines Trip.com $700 million for abusing online travel dominance
Shares of Trip.com Group plunged sharply on Thursday after China’s top market regulator said it had opened an antitrust investigation into the online travel services provider, triggering the company’s steepest selloff s…
Finance
Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership
NVIDIA (NASDAQ: NVDA) remains a dominant force and a key focus in the technology sector as of October 21, 2025, largely due to its unparalleled leadership in artificial intelligence (AI) and high-performance computing (…
Finance
EUR/JPY Price Forecast: Cross consolidates under 187.00, bulls target 188.00
The EUR/JPY consolidates around 186.00, edges down by 0.06% amid a souring of risk appetite amid the escalation of the US-Iran war, and strengthens safe-haven assets like the Japanese Yen.
Finance
Malaysia: Solid fundamentals support Ringgit and bonds – DBS
DBS Group Research economist Chua Han Teng argues that Malaysia’s financial markets reflect confidence in the country’s solid domestic fundamentals despite lingering Middle East geopolitical risks. The Malaysian Ringgit…
Finance
BofA Names Top Infrastructure Software Stocks Led by Datadog
Bank of America’s Koji Ikeda, a leading analyst covering the software sector, has pinpointed five infrastructure software companies that he expects will maintain their momentum through the latter half of 2026. This sele…
Finance
Trump says US to launch EU probe over ’illegal’ Google fine
President Donald Trump says Friday that the United States will open a formal investigation into the European Union's trade practices, claiming the bloc has unfairly levied billions of dollars of fines against Google, Ap…
Finance
South Korean Won: Strong GDP and inflows support Won – Commerzbank
Commerzbank reports that South Korea’s advance Q2 GDP rose 0.6% quarter-on-quarter and 3.7% year-on-year, beating expectations. Robust AI-related semiconductor demand and resilient domestic spending underpin growth. The…
Finance
The Dow Jones Industrial Average buys a rumour and sleeps through a tariff regime
The index that spent this week absorbing a war premium trades near 52,000 on Friday, around 325 points to the good side, on the strength of a wire report that its own three sources undercut in the same breath. Pakistan …
Finance
Euro falls even amid strong Eurozone PMIs
EUR/USD trades lower near the 1.1370 area on Friday, struggling despite stronger-than-expected Eurozone business-activity figures. The US Dollar Index (DXY) remains firmer near 101.50, offering limited support to the pa…
Finance
US Dollar: Softer yields curb gains ahead of FOMC – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret say broad US Dollar (USD) gains are moderating as United States (US) yields retreat and risk appetite improves after a tech-led selloff. High-beta currencies outperf…
Finance
Indonesian Rupiah: BI pause seen as hawkish hold – UOB
UOB Global Economics & Markets Research notes that Bank Indonesia kept its policy rate at 5.75%, opting to let earlier tightening filter through. Despite the pause, the team still expects three further hikes totalling 7…
Finance
Gold gains despite firm US Dollar
Gold price (XAU/USD) drifts higher on Friday as the Greenback stands firm, even as growing speculation that the US-Iran war may last longer than expected could, in the end, hurt the prospects of the yellow metal. The XA…