Stocks
Wheat Futures Soar on Friday, Weekly Gains Strong
Wheat futures closed with double-digit strength across all major exchanges on Friday, capping a week of significant gains. Concerns over Russian export...
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Markets
UAE Crude Output Hits Record 4.1M BPD in June, IEA Confirms
The UAE boosted crude oil production to an all-time high of 4.1 million barrels a day in June, IEA reports, marking a...
Finance
Japan Producer Prices Hit Fastest Pace Since Early 2023, Bolstering BOJ Rate Hike Case
Japan's corporate goods prices rose 7.1% in June, the fastest pace since early 2023, strengthening the Bank of Japan's position for further...
Stocks
Tencent Eyes Manus Stake After Meta’s $2B Deal Unwound
Tencent (TCEHY) is reportedly in talks to become the largest shareholder in AI startup Manus, following Beijing's order for Meta (META) to...
Markets
Gold Rebounds Past $4,100 as Dollar Dips, US Strikes Iran
Gold prices climbed above $4,100 an ounce on Thursday, ending a three-day decline, driven by escalating U.S. military actions in Iran and...
Stocks
Live Cattle Futures Tumble Amidst Cash Trade Drop
Live cattle futures experienced a significant downturn on Thursday, with contracts closing lower. Cash trade also saw a substantial decline from the...
Markets
Goldman Sachs Curbs Employee Prediction Market Trading
Goldman Sachs has banned employees from trading on prediction markets, citing compliance concerns. This move reflects a broader trend among financial firms...
Investing
Robotti Calls Out McDermott’s Rights Offering: Undervaluation, Insider Control Concerns
Longtime investor Robotti & Company urges McDermott International to amend its rights offering, claiming the $1.50/share price massively undervalues the business and...
Investing
Educational Development Projects $1.2M+ Annual Savings Amid Partner Growth
Educational Development Corporation (EDUC) anticipates over $1.2 million in annual expense savings following a significant increase in its brand partner network.
Stocks
SK Hynix Secures $26.5bn in Record US Share Sale
South Korean chip giant SK Hynix has raised $26.5bn in its New York share offering, marking the largest ever listing by a...
World Business
Epoch Times Ex-CFO Pleads Guilty in $67M Multinational Money Laundering Scheme
The former CFO of The Epoch Times, Weidong “Bill” Guan, pleaded guilty to conspiracy in a $67 million money laundering scheme, admitting...
Stocks
Skeena Resources Ranks #42 Among Top Global Mining Picks
Skeena Resources Ltd (SKE) is the #42 broker analyst pick out of 50 in the Metals Channel Global Mining Titans Index, based...