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BHP Incoming CEO Reshapes Leadership Team Ahead of July 1 Handover
BHP's incoming CEO Brandon Craig announces leadership changes ahead of his July 1 start, splitting the Americas role and sharpening focus on copper and potash.
IMF chief economist says global economy remains dollar-centered
IMF chief economist Pierre-Olivier Gourinchas stated that despite shifting trade flows and tariffs, the global economy remains firmly dollar-centered, with gold price rises driven by ETFs and stablecoin issuers holding gold.
Discounted bond funds at scandal-hit Wamco offer investment opportunity
Discounted bond funds, particularly those at scandal-hit Wamco, may present a buying opportunity for investors willing to look past the reputational damage.
Global Stocks Slide as Tech Jitters Return, OpenAI IPO Delayed
Global stocks ended the week lower as tech jitters resurface, with OpenAI reportedly delaying its IPO into next year, adding to uncertainty in energy markets.
Oil Tanker Earnings Plunge $200,000 as More Ships Return to Hormuz
Oil tanker earnings plunged by $200,000 as more vessels are willing to transit the Strait of Hormuz, easing fears of supply disruption and capping a volatile week for crude carrier rates.
CryptoQuant urges Strategy to halt Bitcoin buys as dividend coverage shrinks
CryptoQuant advises Strategy to pause Bitcoin accumulation as its dividend coverage ratio declines, while CBOE explores perpetual crypto futures and Chainlink joins a stablecoin FX initiative.
Citi cuts tech stock weighting, warns not everyone in AI path wins
Citi has reduced its weighting on technology stocks, warning that it is difficult to see how every company in the AI and tech space can succeed, signaling caution for equity investors.
Russia's Fuel Crisis Drives It to Seek Gasoline From Kazakhstan
Russia is seeking to buy 50,000 tons of gasoline from Kazakhstan amid a severe fuel shortage caused by Ukrainian drone strikes on refineries, but Astana is hesitant due to potential export consequences.
SpaceX Index Entry Poised to Trigger Billions in Passive Buying
SpaceX's stock is losing momentum after its debut, but upcoming index inclusion could drive billions in passive buying, squeezing short sellers.
Auto Industry Fears USMCA Shakeup as Trump Eyes Tougher Trade Rules
Automakers fear a USMCA shakeup as President Trump pushes for tougher trade rules, raising uncertainty for long-term investment and supply chains in North America.
Kauai Coffee Secures Long-Term Lease, Preserving 140 Jobs
Kauai Coffee Co. has signed a new long-term agricultural lease with Brue Baukol Capital Partners, ending uncertainty and preserving over 140 jobs on the 3,100-acre farm.
Euro Zone Inflation Likely Slowed in June as Energy Costs Ease
Euro zone inflation is expected to have slowed in June for the first time since the Iran war began, driven by easing energy costs, which could reduce pressure on the ECB to keep raising rates.
Morgan Stanley, Goldman Shares Drop on OpenAI IPO Delay
Shares of Morgan Stanley and Goldman Sachs fell on Friday after reports that OpenAI may delay its IPO until next year, citing tech stock volatility.
US Consumer Sentiment Rises But Stays Near Record Low
US consumer sentiment rose in June as lower gasoline prices provided relief, but the index remains near its record low amid persistent inflation concerns.
Rocket Lab Rises on NASA Contract; Microsoft Extends Selloff
Rocket Lab shares rose after NASA selected the company for three Electron launches, while Microsoft extended its monthly selloff, down over 20% in June.
Iraq Floats OPEC Exit as Baghdad Hosts EU Energy Talks
Iraq warns it could leave OPEC unless granted a higher production quota, as European officials prepare to visit Baghdad for energy cooperation talks.
Australia grocery giants face price gouging penalties from July 1
Australia's new price gouging laws, effective July 1, impose financial penalties on supermarket giants Coles and Woolworths for overcharging customers, with fines up to 10% of annual turnover.
Jeremy Grantham warns US stock market is most expensive in history
Veteran investor Jeremy Grantham says the US stock market is the most expensive in history relative to GDP, warning of a potential historic decline.
Philippines rice production forecast cut on high costs and weather
The USDA's Foreign Agricultural Service lowered its 2026-27 rice production forecast for the Philippines to 12.3 million tonnes, citing elevated input costs and adverse weather, which could tighten global rice supplies and support prices.
Big Oil's Green Pivot Slows as Equinor Scales Back Renewables
Equinor's retreat from renewables signals a broader slowdown in Big Oil's green pivot, as energy majors prioritize fossil fuel returns over clean energy investments.
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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.