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Europe EV Sales Surge 34% in May as Chinese Brands Gain Share
European electric vehicle sales surged 34% year-on-year in May, driven by Chinese brands, while gasoline and diesel car sales declined amid higher fuel prices.
ECB’s Lane Warns Inflation May Stay Above 2% for Extended Period
ECB Chief Economist Philip Lane warned that inflation risks staying above the 2% target for an extended period, reinforcing expectations of a cautious approach to rate cuts.
IG4 Capital Says It Can Buy All Raizen Debt in Cash for Control
Private equity firm IG4 Capital said it has enough cash to buy all of Raizen's debt as it seeks to gain a 50.1% equity stake in the troubled sugar and ethanol producer.
Germany June Flash Manufacturing PMI Misses Expectations at 50.0
Germany's June flash manufacturing PMI came in at 50.0, below the expected 50.4, signaling stagnation and raising recession risks for the eurozone's largest economy.
Seoul Kospi crashes 10% as tech rout spreads across Asia, oil extends losses
South Korea's Kospi tumbled 10% on Tuesday, leading a broad Asian sell-off driven by tech stocks, while oil prices fell further on optimism over Middle East peace talks.
Alamos Gold Finds High-Grade Zones Near Island Gold Mine
Alamos Gold reported extensive high-grade gold exploration results at its Island Gold Mine, with new zones near existing infrastructure that could support lower-cost development.
Lake Victoria Gold Clears Path for Imwelo Construction After Sterilization Drilling
Lake Victoria Gold completed sterilization drilling at its Imwelo Gold Project in Tanzania, confirming the plant and camp footprints are free of economic mineralization, clearing the way for Phase 1 site preparation.
UK Grid Operator Confirms Sufficient Winter Electricity Supply
The UK grid operator NESO has assured that the country has enough electricity for winter despite the Strait of Hormuz crisis, providing relief to energy markets.
Monte Paschi CEO Welcomes Competing Bids, Highlights Turnaround Value
Monte Paschi CEO Luigi Lovaglio welcomes competing bids for the Italian bank, citing the value created in its turnaround, and plans to evaluate all options in the interest of stakeholders.
Abitibi Gold Project Shows Strong Results and Growing Market Momentum
A junior gold exploration company is gaining momentum in Ontario's Abitibi Greenstone Belt, with drilling results showing scale and continuity that could attract investor interest amid tightening global gold supply.
Lahontan Gold advances Santa Fe mine with heap leach potential
Lahontan Gold is advancing its Santa Fe mine in Nevada, targeting production from historic heap leach pads and existing infrastructure, with strong financing in place.
SpaceX's $600B rout wipes nearly half of bitcoin's market cap
SpaceX's stock lost $600 billion in three days, nearly half of bitcoin's market cap, yet bitcoin held steady near $63,600, underscoring its decoupling from traditional equities.
Heineken Names Coffee CEO Oliveira to Lead Turnaround
Heineken NV appoints Rafael Oliveira, former CEO of a coffee company, as its new chief executive, breaking tradition by hiring an outsider to revive flagging demand.
FX option expiries for 23 June show no major events, risk mood key
FX option expiries for 23 June show no major events, leaving dollar sentiment and risk mood as key drivers, with S&P 500 futures near 1% losses and USD/JPY under pressure.
Zerodha Co-Founder Kamath Boosts Indian Stock Allocation
Zerodha co-founder Nikhil Kamath says he is increasing exposure to Indian equities despite recent foreign outflows and muted market performance.
China Stocks in Hong Kong Near Bear Market on Spending Woes
Chinese equities listed in Hong Kong are approaching bear-market territory as weak consumer spending and waning confidence in e-commerce firms weigh on sentiment.
Oil Prices Extend Decline as US-Iran Peace Talks Advance
Crude oil prices fell further as reports of progress in US-Iran peace talks raised hopes of eased sanctions on Iranian oil exports, boosting supply expectations.
HKEX Sees Greater Diversity in IPO Pipeline, Head of Issuer Services Says
HKEX's head of global issuer services says the exchange has observed a broader mix of companies listing in Hong Kong, signaling a resilient IPO pipeline amid global economic shifts.
Nomura and Sony Lead Surge in Japanese Bond Sales This Week
Nomura and Sony are among several Japanese issuers tapping global bond markets this week, driving one of the busiest periods for overseas yen-denominated debt sales this year.
Japan core inflation stays above 2% in May, BOJ data shows
Japan's core inflation eased to 2.7% in May while core-core inflation dropped to 2.1%, complicating the BOJ's policy normalization path as underlying price trends moderate.
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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.