SoftBank-backed travel app Klook is said to consider US listing
Klook may confidentially file an application for IPO in the US soon to raise from $300 million to $500 million
Goldman posts best stock-trading quarter in Wall Street history
At $4.3 billion, equity-trading revenue for the second quarter was about $600 million more than what analysts were expecting
Bitcoin chases American dream in norm-shattering mortgage push
If crypto is eventually allowed to count toward mortgage eligibility without being liquidated, borrowers could retain their tokens instead of converting them to meet reserve requirements
US core CPI rises less than expected again on drop in car prices
The consumer price index, excluding the often volatile food and energy categories, increased 0.2% from May. On an annual basis, it advanced 2.9%
Standard Chartered launches bitcoin, ether spot trading for institutional clients
Some financial institutions have said they are seeing more client demand for crypto products as the price of bitcoin hits record highs
Trump allies open new front against Powell over building rehab
The heightened pressure coincides with relentless calls from Trump for the Fed to lower interest rates – which Powell and fellow policymakers have defied so far this year
Bitcoin soars to all-time peak just shy of $112,000
It touched a record peak of $111,988.90 and was last up 0.4% at $111,259. Since the beginning of the year, bitcoin has advanced more than 18%
Asia shares flat as dollar, stock futures dip on Trump’s copper tariff
Contracts for the S&P 500 index edged down 0.2% and a gauge of the dollar dipped by 0.1% Thursday
Trump says Powell should ‘resign immediately’ if he misled Congress
Trump accused the Fed chair of 'whining like a baby about non-existent Inflation for months, and refusing to do the right thing.'
Oil eases as traders assess US tariffs, OPEC+ output hike
Brent crude futures dipped 22 cents, or 0.3%, at $69.36 a barrel by 0630 GMT. U.S. West Texas Intermediate crude fell 27 cents, or 0.4%, at $67.66 a barrel
Asia stuck in Trump’s tariff sights as deadline shifts to August 1
The extension leaves Asia’s economies squarely in the US administration’s tariff sights while giving officials a little over three additional weeks to negotiate lower rates
Asia stocks edge higher as Trump open to tariff talks
The MSCI regional stock benchmark advanced 0.1% led by gains in South Korean and Japanese stocks
Wall Street lower as tariff uncertainty weighs on stocks, dollar rises on weakness in EM currencies
Trade uncertainty is once again haunting investors after US President Trump set a deadline of August 1 for the new tariff rates to come into effect. President Trump said over the weekend that he has signed letters to 12 countries, which notifies specific tariff rates they would face on exports to America.
Nations chase US trade deals as US treasury secretary Bessent hints at extension
Trump and Bessent’s latest remarks suggest talks remain fluid and deals are elusive three days before the original deadline
The empire of debt is collapsing, reallocate before it’s too late
Markets don’t punish those who are cautious, they punish those who are late. Smart money moves early -- It doesn’t panic, it prepares.
Trump’s tariff date arrives after a 90-day rollercoaster
The wielding of unilateral tariffs is upending a system that for decades encouraged lower barriers to commerce under rules enforced by the World Trade Organization.
OPEC+ will boost supply even faster with larger August hike
Eight key alliance members agreed to raise supply by 548,000 barrels a day at a video conference on Saturday
Jane Street has over Rs 15,000 cr locked in G-secs as margin, paving way for SEBI’s Rs 4,843-cr impounding: Sources
As per SEBI interim order,Jane Street, made a total profit of Rs 36,502.12 crores across all segments during January 2023 and March 2025.
How Jane Street allegedly manipulated index closing on expiry days
According to Sebi, Jane Street used to heavily buy Bank Nifty futures as well in the cash segment and sell Bank Nifty options in big numbers -- all in the morning of expiry days. After noon, company's related entities used to aggressively sell large amounts in Bank Nifty futures.
Asian shares post modest gains before US payrolls
A regional equity gauge rose 0.3% after the S&P 500 closed at another record high Wednesday
Dollar down 10% in first half of 2025, biggest fall since early 1970s
The dollar index, which measures the US currency against six others, slipped to 96.688, its lowest since February 2022
Chart of the Day: Diamonds are forever, at a discount
Diamond exports from India have plunged to a two-decade low, and the downturn isn’t over yet. As demand slumps and uncertainty looms over U.S. tariffs, FY2026 could see another painful year for the industry.
Asian stocks, futures rise as trade talks progress
The MSCI Asia-Pacific index advanced 0.3% at the open Monday
Boeing wins buy rating as Redburn sees ‘healthier’ company
The analyst raised the recommendation on the shares to buy from neutral, and boosted the price target to $275 from $180.
Powell and Lagarde count cost of Trump’s turbulence
Lagarde and Powell will reunite on stage in Portugal for the first time since ECB’s tense 2024 retreat.
