News
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Ford to recall over 115,500 US vehicles on steering column defect
Sept 24 (Reuters) - Ford Motor Co F.N is recalling 115,539 vehicles in the U.S. due to a defect that could cause the steering column's upper shaft to detach, potentially leading to a loss of steering control, the U.S. National Highway Traffic Safety Administration said on Wednesday.Reuters
Wed, Sep 24
USD/INR strengthens as FIIs outflow, US H-1B visa fees hike weigh on Indian Rupee
The Indian Rupee (INR) refreshes its all-time low around 89.10 against the US Dollar (USD) at open on Wednesday. The USD/INR pair trades in uncharted territory as an absence of a breakthrough in trade discussions between India and the United States (US) over the bilateral trade agreement and the annFxstreet
Wed, Sep 24
WTI holds losses near $63.50 despite growing supply concerns
West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday. Crude Oil prices gained ground after the American Petroleum Institute’s (API) Weekly Statistical Bulletin (WSB) reported a
Fxstreet
Wed, Sep 24
Trump’s Crypto 401(k) Plan Sparks Lawmaker Support, SEC In Spotlight
Reports have disclosed that a bipartisan group of lawmakers has asked the Securities and Exchange Commission to act quickly on an executive order from US President Donald Trump that could open 401(k) plans to alternative assets, including cryptocurrencies. Related Reading: Violence Rises: Crypto Hol...Bitcoinist
Wed, Sep 24
Vietnam PM seeks new trade deals to counter US tariff impact
HANOI, Sept 24 (Reuters) - Vietnam's prime minister said Hanoi was pursuing new trade deals this year to mitigate the impact of tariffs imposed on its goods by the United States, its largest market.The statement came days after estimates by the United Nations Development Programme showed U.S. du...Reuters
Wed, Sep 24
Trump’s ‘National Capital’ Strategy Targets Lithium with 10% Stake Bid
TradingKey - Shares of pure-play lithium producer Lithium Americas surged more than 80% in after-hours trading on Tuesday, breaking past $5.60 per share. The rally followed market reports that the Trump administration is actively seeking to acquire up to a 10% equity stake in the company.
TradingKey
Wed, Sep 24
Supply Crunch, Record Profits, Profit Focus: Micron’s Q4 Earnings Defy the Memory Cycle
TradingKey - Micron Technology (MU), the sole U.S.-based memory chipmaker, delivered a stunning Q4 FY2025 earnings report and issued first-quarter FY2026 guidance far above market expectations. Fueled by AI and data center demand, High Bandwidth Memory (HBM) products are in severe shortage, and
TradingKey
Wed, Sep 24
GLOBAL MARKETS-Asian stocks slip as growth concerns cloud outlook
SINGAPORE, Sept 24 (Reuters) - Stocks in Asia fell on Wednesday, following declines on Wall Street as remarks by Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates and economic data fuelled concerns about slowing growth.Reuters
Wed, Sep 24
Zijin Gold Delays $3.2 Billion IPO as Typhoon Pummels Hong Kong
Zijin Gold International Co. delayed its $3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a standstill and disrupting the company’s ability to take orders for its initial public offering.Tiger News
Wed, Sep 24
Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports
Sept 23 (Reuters) - Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.The company is seeking $15 billion to $20 billion for roughly a 3% stake, the report said, ...Reuters
Wed, Sep 24
Stocks break AI-driven rally; Powell's caution tempers U.S. yields
NEW YORK Sept 23 (Reuters) - Wall Street stock indexes broke a three-day string of artificial intelligence-fuelled records on Tuesday, and U.S. Treasury yields slid after Federal Reserve Chair Jerome Powell indicated a cautious approach to the next U.S. interest rate decision.Reuters
Wed, Sep 24
In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing
OpenAI and Nvidia are discussing an unusual way to structure their new artificial intelligence data center partnership, under which OpenAI would lease Nvidia’s AI chips rather than buying them, according to two people who spoke to executives at the companies about it, The information reported.Tiger News
Wed, Sep 24
OpenAI reveals Stargate AI facility in Texas, projects planned in five more states
OpenAI revealed plans Tuesday to build six large computer facilities across the country, adding to its current Texas location as part of a massive $500 billion spending plan that President Donald Trump highlighted earlier this year.Cryptopolitan
Wed, Sep 24
