Market News

South Korea cargo ship Namu to exit Strait of Hormuz after attack in Gulf Reuters

Global AI wave revs up Asian factories, offsetting war-induced pain Reuters

Gilt markets have shrugged off the lack of economic policy clarity from Andy Burnham, the likely successor to replace Keir Starmer as UK prime minister, according to Aegon Asset Management’s James Lynch.

SANTA CLARA, Calif. & TOKYO--(BUSINESS WIRE)--SiTime Corporation (Nasdaq: SITM) (“SiTime” or the “Company”), the Precision Timing company, today announced that it has completed the acquisition of certain assets from Renesas Electronics Corporation (TSE: 6723) (“Renesas”).Rajesh Vashist, chairman and

SpaceX, the most hyped initial public offering in years, peaked on its third day of trading and has lost about 15% of its value since. It’s been a volatile and somewhat disappointing performance for the FOMO-driven retail traders who bought record amounts of its shares in those frenzied early days.

Euro-area inflation eased more than anticipated as efforts toward peace in the Middle East sent global oil prices lower.

Pakistan’s inflation eased last month, though it remained in double digits, keeping policymakers on guard against persistent price pressures.

Dien May Xanh Investment JSC, an electronics retail chain unit of Mobile World Investment Corp., raised over 13.3 trillion dong ($505 million) in its initial public offering after receiving fewer bids for shares offered.

South African Reserve Bank Governor Lesetja Kganyago discusses the outlook for inflation and monetary policy. He talks with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)

President Donald Trump’s assault on elections took another hit Monday when the US Supreme Court rejected a Republican bid to restrict mail voting. In a 5-4 decision, the justices upheld Mississippi’s grace period for ballots postmarked by Election Day — and the principle that the Constitution gives