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OpenAI reportedly considers giving 5% stake to government
OpenAI is reportedly exploring a plan to grant the US government a 5% equity stake, a move that could ease regulatory pressure on the AI industry and reshape its corporate governance.
Yen Surge Likely Intervention, Not Market Move, Natixis Says
Natixis chief APAC economist Alicia Garcia Herrero suggests Japan likely intervened in currency markets after the yen surged sharply against the dollar, as traders await US jobs data that could further move the pair.
Taiko Restores Cross-Chain Bridge 10 Days After $1.7M Hack
Ethereum layer-2 network Taiko has fully restored its cross-chain bridge just 10 days after a $1.7 million exploit caused by a compromised SGX signing key exposed on GitHub.
Chinese Teapots Snap Up Middle East Crude as Prices Slide
Chinese private refiners are buying Middle Eastern crude on the spot market as prices fall, with purchases of Saudi, Emirati, and Iraqi cargoes reported, signaling renewed demand from the world's top oil importer.
SBI Funds $1.2 Billion India IPO Launch in July to Test Demand
SBI Funds Management is set to launch a $1.2 billion IPO in mid-July, testing investor appetite ahead of a busy pipeline of billion-dollar listings in India.
Japan Retail Investors Bought Record Stocks Last Week in Selloff
Japanese retail investors bought a record amount of local stocks last week during a tech-led selloff, signaling strong dip-buying appetite among individual traders.
Gold’s Next Move Hinges on Payrolls and Iran Talks
Gold prices are consolidating as traders await US payrolls data and developments in US-Iran nuclear negotiations, both of which could drive the next directional move.
Solana launches onchain governance with 100,000 SOL staking entry fee
Solana has introduced a formal onchain governance system requiring validators to stake at least 100,000 SOL to propose changes, giving token holders a direct vote on network direction for the first time.
MoneySimpler Launches Free AI Trading Bot for Stock, Crypto and Forex
MoneySimpler has launched a free AI trading bot that automates quantitative strategies across stock, crypto, and forex markets, aiming to lower barriers for individual investors.
EU Drops Ten-Year Renewables Rule for Data Centers After Tech Lobbying
The European Union has dropped a proposed rule requiring data centers to source renewable energy for ten years, yielding to Big Tech lobbying to prioritize AI competitiveness.
Silver at a Crossroads: 42% Drop Masks Deeper Story for Precious Metals Traders
Silver's 42% decline from its peak may signal a buying opportunity as industrial demand and monetary factors align, but traders should watch for further downside risks.
TotalEnergies Sells 8.5% Stake in Malaysia's Marjoram Gas Field for $350M
TotalEnergies divests its 8.5% non-operated stake in the Marjoram gas field offshore Malaysia to INPEX for $350 million, focusing on operated assets.
Switzerland June CPI matches expectations at 0.5% y/y
Switzerland's June CPI came in at 0.5% year-on-year, matching expectations and slightly below the prior 0.6%, with core inflation steady at 0.3%.
Swiss Inflation Slows for First Time in Eight Months as Oil Costs Ease
Swiss inflation slowed in June for the first time in eight months, driven by lower oil costs feeding through to the domestic economy, which could ease pressure on the Swiss National Bank to tighten policy further.
XRP edges higher as whale activity rises while retail traders stay cautious
XRP edged higher as on-chain data showed a surge in new wallet creations and whale accumulation, while retail traders remained cautious, signaling a potential shift in market dynamics.
BOJ Expected to Raise Rates Again by Year-End, Japan Panel Member Says
A member of Japan's government economic panel expects the Bank of Japan to raise interest rates again by the end of the year, a notable view from a group typically dominated by reflationists.
Robinhood backs dYdX rebrand Arcus to launch new DEX
Robinhood has backed Arcus, the rebranded dYdX decentralized exchange on its new blockchain, aiming to bring tokenized stocks and perpetuals trading to a broader audience.
Carlsberg Said to File for India IPO to Raise $700 Million
Carlsberg has confidentially filed for an IPO of its India unit, aiming to raise up to $700 million, which could unlock value for the brewer and attract investor interest in India's growing consumer market.
India Accelerates Stake Sales to Offset Oil-Driven Budget Strain
India is accelerating stake sales in state-owned firms, including its largest life insurer, to shore up public finances strained by elevated oil prices.
FX option expiries for 2 July focus on EUR/USD at 1.1400
FX option expiries for 2 July are concentrated in EUR/USD between 1.1350 and 1.1400, with the 1.1400 strike acting as a key resistance level ahead of US non-farm payrolls.
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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.