World News Feed
Latest news from trusted sources around the world
A Billion Dollars of Leveraged SpaceX Bets Hit ETFs in One Day
Leveraged bets on SpaceX generated more than $1 billion of trading volume on their first day, as investors rushed to amplify wagers on the biggest …
World Cup Exposes Growing Global Prediction Market Rift
This year’s World Cup is the first since prediction markets like Kalshi and Polymarket exploded to popularity as a new way to bet on sports.
S&P 500 Slips as Semiconductor Stocks Take a Breather; SpaceX Extends Gains
US stocks fell Tuesday, led lower by declines for technology companies after recent big gains.
Jeff Currie Says Hormuz Flows May Not Normalize Until End of the …
Jeff Currie, executive co-chairman at Abaxx Markets, says “the uncertainty remains quite high” around the Strait of Hormuz as maintaining the US-Iran ceasefire will be …
Taiwan Frees Life Insurers to Deploy Capital in AI Projects
Taiwan is easing regulations to give life insurers flexibility to invest in artificial intelligence projects, part of an ongoing campaign by authorities to redirect a …
Emerging FX Index Edges Up on Peace Deal Ahead of Fed Meeting
An index for emerging-market currencies edged higher before the end-of-day adjustment Monday as traders weighed the interim peace deal between the US and Iran against …
German Investor Outlook Jumps With Iran Resolution in Sight
German investor optimism improved more than anticipated on hopes that a swift end to the Iran war will ease pressure on Europe’s largest economy.
SpaceX Set to Overtake Amazon in Value as It Soars for Third …
SpaceX jumped for a third straight day on Tuesday, putting it on track to overtake Amazon.com Inc. in value and briefly making it the world’s …
Thames Water Edges Closer to Nationalization With Rescue in Doubt
Thames Water moved closer to temporary nationalization after a senior government minister said a rescue deal put forward by creditors wasn’t sufficient.
Yen Pares Gains Versus Dollar After BOJ Hikes Key Rate to 1%
The yen pared gains against the dollar after the Bank of Japan raised its benchmark interest rate to the highest level since 1995 in a …
EU Says China Trained Russian Troops to Fight in Ukraine War
The European Union’s top diplomat said China has been training Russian troops to fight in Ukraine, sharpening Brussels’ criticism of Beijing’s enabling role in the …
Middle East Oil Markets Weaken on Optimism Over Increased Supply
Middle Eastern crude markets weakened as the US-Iran agreement to reopen the Strait of Hormuz spurred optimism around an increase in flows from the oil-rich …
S&P 500 Rally Falters Before Fed as SpaceX Surges: Markets Wrap
A rally that sent stocks to the brink of all-time highs faltered on the eve of the first Federal Reserve rate decision under Kevin Warsh, …
Oil Falls to Three-Month Low as US-Iran Deal Set to Add Supply
Oil logged its longest run of declines this year as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in …
MSG Should Split Into Two Companies, Ariel's John Rogers Says
John Rogers, Ariel Investments founder, chair, CIO and co-CEO, says MSG stocks have not reflected the value of the Knicks or the Rangers during an …
Where the US, Israel and Iran Stand on a Deal to End …
On today’s Big Take podcast, we examine the major hurdles facing a proposed US-Iran peace deal, including how Israel fits into the equation.
Bolivia Tells Investors FX Unification, IMF Deal Coming Soon
Bolivia told investors it is close to agreeing on a financing program with the International Monetary Fund, likely after introducing a floating exchange rate to …
Waste Management of Canada Sells C$700 Million of Bonds
Waste Management of Canada sold C$700 million ($500 million) of notes on Monday, according to people with knowledge of the matter.
Montreal’s REM Raises C$1.85 Billion in Four-Part Bond Sale
The Réseau express métropolitain (REM), a light rail system in Greater Montreal, raised C$1.85 billion ($1.32 billion) in a bond sale, according to people with …
Nuveen Private Bond Chief Scoops Up AI’s ‘Picks and Shovels’
Data centers and computing chips are all the rage in global credit markets right now, but Nuveen LLC’s Laura Parrott is more excited about the …
US Manufacturing Output Stalls for the First Time This Year
US manufacturing production stalled in May after four months of gains as a drop in chemical and petroleum output masked ongoing strength in categories tied …
Shell Is Said to Select Aditya Birla for Sprng Energy Deal
Aditya Birla Group has emerged as the frontrunner to buy Shell Plc’s Indian renewable power producer, people familiar with the matter said.
US Stocks Rally on Deal to Reopen Strait of Hormuz; SpaceX Gains
US stocks rose sharply after the US and Iran reached an interim deal to reopen the Strait of Hormuz, sending oil prices lower and easing …
SpaceX Jumps 11% in Second Day of Trading After Record IPO
SpaceX shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the …
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