Category: News
Everyone wants to be a bank now. Banks aren’t happy about it.
The statement “Everyone wants to be a bank now. Banks aren’t happy about it” encapsulates a growing trend in the U.S. financial sector, where non-traditional [more…]
‘Earnings misses are going to get punished more than usual’: Wall Street raises the stakes as stocks hit records
The statement “‘Earnings misses are going to get punished more than usual’: Wall Street raises the stakes as stocks hit records” reflects a heightened sensitivity [more…]
China Seen Holding July 21 LPR Steady at 3.45%, 3.95% in Reuters Poll
According to a Reuters survey of market analysts, China is anticipated to maintain its benchmark lending rates unchanged during the monthly fixing on July 21, [more…]
GSK Shares Plummet After FDA Panel Votes Against Blenrep Approval
GlaxoSmithKline Plc (GSK) experienced a significant decline in share price following an unfavorable recommendation from a United States Food and Drug Administration (FDA) advisory panel [more…]
Japan Upper House Election Could Shake Yen, Bonds & Nikkei
The forthcoming election for Japan’s House of Councillors, scheduled for July 20, 2025, presents significant considerations for traders amid indications of potential political instability. This [more…]
Husqvarna Shifts Production as US Considers 30% EU Tariffs
Sweden’s Husqvarna AB is actively restructuring its supply chain to mitigate the adverse effects of escalating global trade tensions, particularly potential increases in United States [more…]
Oil Rises on Diesel Tightness, Iraq Outages and Demand Surge
As of July 18, 2025, crude oil prices have maintained recent gains, supported primarily by tightness in the diesel market amid robust seasonal demand, despite [more…]
China Unveils Incentives to Boost Slumping FDI and Reinvestment
China has introduced measures to incentivize foreign investors to reinvest profits within the country, responding to a notable decline in foreign direct investment (FDI) inflows [more…]
Waller Urges July Rate Cut, Highlighting Fed Policy Split
Federal Reserve Governor Christopher Waller has articulated his most explicit endorsement to date for an interest rate reduction at the upcoming Federal Open Market Committee [more…]
Apple Loses Top AI Talent as Meta Strengthens Superintelligence Team
Meta Platforms Inc. has recruited two prominent artificial intelligence researchers, Mark Lee and Tom Gunter, from Apple Inc.’s Foundation Models team to bolster its Superintelligence [more…]