Market News

Trump signs memo aimed at ending Iran war, White House official says Reuters

Iran MOU was signed on Wednesday by Trump and Iran president, U.S. official says Reuters

Gold rose, supported by the signing of an interim peace deal between the US and Iran, even as the Federal Reserve signaled a rate hike later in the year.

Acquisition adds multiple immunology assets to Biogen’s portfolio, including a lead asset poised to enter Phase 1 development Acquisition adds multiple immunology assets to Biogen’s portfolio, including a lead asset poised to enter Phase 1 development

Strategists say markets are on watch for yen intervention after the Federal Reserve took a hawkish stance at Kevin Warsh’s debut meeting as governor, triggering a drop in the currency to levels that have previously prompted Japan’s finance ministry to step in.

Famed short seller Andrew Left, convicted on 13 counts of securities fraud earlier this month, is off to a rocky start in his effort to sway a judge to overturn his verdict due to an unusual courtroom error.

Malaysian Prime Minister Anwar Ibrahim and Russian President Vladimir Putin discussed using local currencies in bilateral trade as part of efforts to strengthen economic ties.

Kardigan Inc. raised $400 million in an upsized US initial public offering that priced at the top of its marketed range.

President Donald Trump has signed an interim deal to end the war with Iran and reopen the Strait of Hormuz. Bloomberg's Michael Heath has more. (Source: Bloomberg)

A liquefied natural gas tanker that loaded in Qatar is nearing the Strait of Hormuz, a hint that traffic may increase after an interim US-Iran peace deal went into effect.