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Pelican Products Bets Big on Defense as Drones Reshape Military Logistics
Pelican Products CEO JC Curleigh outlines the company's strategic pivot toward defense, partnering early with drone innovators and scaling US production to meet rising demand for protective cases in modern military logistics.
LQD vs SCHQ: Safer Bond Fund Not Always the Better Choice
Investors comparing LQD and SCHQ must weigh lower costs and Treasury safety against the higher returns of corporate credit, as the safer fund has not always outperformed.
Indian Households Expect Inflation to Spike, Confidence Wanes
Indian households expect inflation to accelerate through the year, driven by US-Iran tensions and below-normal monsoon, according to RBI surveys, dampening consumer confidence.
Canada adds 87.8K jobs in May, unemployment falls to 6.6%
Canada's economy added 87.8K jobs in May, far exceeding the 10.0K estimate, while the unemployment rate dropped to 6.6%, signaling a robust labor market that may influence Bank of Canada rate decisions.
China Allows Some Banks to Offer Higher Dollar Deposit Rates
China is allowing some banks to raise interest rates on corporate US dollar deposits, a move that could slow the yuan's recent gains by reducing incentives for companies to convert foreign currency.
Algebris Buys Turkish CDS Protection as Credit Risks Mount
Algebris Investments is buying credit default swap protection on Turkish bonds, citing rising credit risks amid the Iran war's strain on the economy.
Ghana Central Bank Head Sees Scope for Rate Cuts After Iran War
Bank of Ghana Governor Johnson Asiama signaled that policymakers could resume cutting interest rates once the Iran war ends, playing down the cedi's weakness this year.
UK House Prices Edge Lower in May, Annual Growth Holds at 0.5%
UK house prices edged lower in May to £298,806, but annual growth held steady at 0.5%, signaling resilience despite higher borrowing costs and Middle East uncertainty.
Indonesia Meals Chief Vows Revamp of Scandal-Tied Agency
Indonesia's new free meals agency chief pledges to revamp the scandal-hit $15 billion program, focusing on budget efficiency and scaled-down plans.
India Holds Benchmark Rate Steady Despite Inflation Concerns
The Reserve Bank of India kept its benchmark repo rate unchanged at 6.50%, prioritizing economic support over immediate inflation concerns.
Philippine Inflation Eases in May Amid Fuel Price Rollbacks
Philippine inflation eased in May as fuel price rollbacks, driven by US-Iran ceasefire talks, reduced cost pressures and lessened the urgency for Bangko Sentral ng Pilipinas to tighten policy.
S&P 500 Closes at Record as Trump Peace Comments Lift Stocks
The S&P 500 closed at a record high after President Trump's optimistic comments on peace talks boosted risk sentiment, while the Nasdaq edged lower on a sharp drop in Broadcom shares.
US Education Dept Pushes Faster College Mergers to Avert Closures
The US Education Department is pushing for faster college mergers, warning that hundreds of financially distressed institutions may not survive the decade, as Under Secretary Nicholas Kent defends private capital and AI-driven efficiencies.
Young Billionaires Fuel Private Jet Boom as Productivity Tools
Young billionaires are driving a surge in private aviation, prioritizing efficiency and productivity over ownership, reshaping how wealth moves globally.
Rand Swings From Carry Loser to Winner as Bond Inflows Surge
South Africa's rand has rebounded to near the top of carry-trade rankings, driven by a surge in bond inflows after a period of weakness following the Iran war outbreak.
Congo Eurobonds Defy Ebola as Investors Chase Rare Yield, AI Exposure
Democratic Republic of Congo's Eurobonds remain resilient amid an Ebola outbreak, supported by high yields and the country's strategic metals for the AI boom.
Reliance Traders Prepare for Possible RBI Rate Hike
Treasury traders at Reliance Industries are strategizing cash deployment ahead of a potential rate hike by the Reserve Bank of India, signaling growing market expectations of tighter monetary policy.
UK construction output falls at fastest pace in six years in May
UK construction output fell at the fastest pace in six years in May, driven by broad-based declines across residential, commercial, and civil engineering segments.
Czech Inflation Slows, Weakening Case for an Imminent Rate Hike
Czech inflation slowed more than expected, reducing the likelihood of an imminent rate hike as the central bank weighs the economic impact of the Iran conflict.
German construction activity falls sharply again in May as headwinds persist
Germany's construction sector contracted sharply again in May, with new orders declining at a steep rate and input price inflation near a 47-month high, signaling persistent headwinds for the eurozone's largest economy.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.