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Iran War Reshapes China Petrochemical Trade Flows
The Iran war has disrupted global petrochemical supply chains, prompting Chinese plants to boost exports of key industrial materials to ease a domestic glut.
Kotak Reclaims India ECM Lead With Mega Deals on Horizon
Kotak Mahindra Capital has regained the top spot in India's equity capital markets league table for the first half, positioning itself to lead the country's largest-ever IPOs.
Japan June Manufacturing PMI Revised Down to 54.8, Still Strong
Japan's final June manufacturing PMI came in at 54.8, slightly below the preliminary 54.9 but still marking the sixth straight month of expansion, supporting yen-positive sentiment amid BoJ tightening expectations.
Nike earnings beat estimates but tariff refund boosts profit
Nike's quarterly earnings topped Wall Street estimates, but the beat was partly driven by a tariff refund rather than underlying operational strength.
Bending Spoons IPO Raises $1.68 Billion, Above Marketed Range
Bending Spoons and its backers raised $1.68 billion in a US IPO priced above the marketed range, signaling strong demand for the software acquirer's public debut.
US Stocks Gain as Labor Market Holds Steady, Q1 Best in 6 Years
US stocks advanced on Tuesday as the main indexes posted their best quarterly performance in six years, supported by steady labor market data.
Stock movers to watch: Key stories for the next trading session
A roundup of major stock stories from Wednesday that could influence market direction in the next trading session, covering corporate earnings, economic data, and sector trends.
Japan Tankan sentiment beats forecasts, firms raise inflation expectations
Japan's Q2 Tankan survey beat expectations across all categories, with big manufacturers' index at 22 versus 16 forecast, while firms raised one-year inflation expectations to 2.7%, reinforcing the case for further BoJ normalization.
Westpac Sees RBNZ Hold on July 8, Kiwi Under Pressure on Rate Differentials
Westpac expects the Reserve Bank of New Zealand to hold rates at its July 8 meeting, but a lower projected OCR peak and widening rate differentials against the US and Australia keep the kiwi under downside pressure.
Range Resources Stock Rises 2.6% as Natural Gas Futures Jump on Heatwave
Range Resources shares gained 2.6% as U.S. natural gas futures surged over 3% on forecasts of a heatwave boosting cooling demand and strong LNG exports.
Westgold Completes Peak Hill Gold Project Sale to Great Boulder for $54.4M
Westgold Resources has completed the divestment of its Peak Hill Gold Project to Great Boulder Resources for total consideration of $54.4 million, including cash and equity.
US senators propose bill to block AI tech from foreign adversaries
Republican senators Tim Scott and Bill Hagerty introduced a bill to give the Commerce Department authority to block AI transactions involving foreign adversaries, though its passage is uncertain amid the congressional calendar.
Australia Manufacturing PMI Hits 5-Month High at 51.5, Price Pressures Ease
Australia's final Manufacturing PMI rose to 51.5 in June, a five-month high, but underlying details show output falling and new orders contracting, while easing input and output price inflation supports the case for a peak in cost pressures.
India's Russian Oil Imports Hit Record 2.6 Million b/d in June
India's crude imports hit a record 5 million b/d in June, with Russian supplies surging to 2.6 million b/d, a 54% share, as sanctions pressure eased.
Oaktree-Backed ITG Raises $312.2 Million in US IPO Below Range
Digital infrastructure firm ITG raised $312.2 million in its US IPO, pricing shares below the marketed range, signaling cautious demand in the equity capital markets.
BoE's Bailey: No rush to raise rates on oil-driven inflation spike
Bank of England Governor Bailey said the MPC will not rush to raise rates on an oil-driven inflation spike, as higher market yields already tighten conditions, diverging from the ECB's recent hike.
Trump earned over $1 billion from crypto ties as industry heads into slump
President Donald Trump earned over $1 billion from crypto sales and royalties in 2025, according to his annual disclosure, even as the broader crypto market faces a downturn with Bitcoin down 50% from its all-time high.
Shutterstock Shares Plunge 30% After Getty Scraps Merger
Shutterstock shares tumbled about 30% in after-hours trading after Getty Images said it would terminate their merger agreement following a UK regulatory ruling.
Edison Lithium Updates on Joutel North-West and Gagne Gold Properties Deal
Edison Lithium provided an update on its agreement with Globex Mining to acquire the Joutel North-West and Gagne gold-copper properties, with a 3% gross metal royalty retained by Globex.
Dollar Rises on Fed Rate Hike Bets Ahead of Warsh Speech
The dollar strengthened against all G10 peers as traders increased bets on a Fed rate hike ahead of Chairman Kevin Warsh's speech, while equities wavered.
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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.