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FOREX-Yen falls after Trump tariff letter; Aussie jumps after surprise RBA hold
Trump unveils 25% tariffs on Japan, South KoreaJapan's yen struggles to recover from lossesRBA leaves rates unchanged, Aussie jumpsBy Hannah Lang, Amanda Cooper NEW YORK/LONDON, July 8 (Reuters) - The yen took a hit on Tuesday after U.S. President Donald Trump reiterated his plan to impose 25...Reuters
Tue, Jul 8
Other
ANALYSIS-US, Israel diverge on how to pursue Iran endgame after strikes, diplomats say
Trump prefers to use diplomacy in dealing with IranNetanyahu favours using more force, source saysTrump reluctant to be drawn deeper into conflict, analyst saysUS pushes for Gaza ceasefire, Israel insists Hamas be dismantledBy Samia Nakhoul DUBAI, July 8 (Reuters) - When they met on Monday, U.S. ...Reuters
Tue, Jul 8
Stocks
CANADA STOCKS-TSX inches lower; investors assess new US tariff proposals
By Twesha Dikshit and Sukriti Gupta July 8 (Reuters) - Canada's main stock index edged lower on Tuesday, dragged by heavyweight mining shares, while investors assessed U.S. President Donald Trump's new tariff proposals for several trading partners.The commodity heavy S&P/TSX composite...Reuters
Tue, Jul 8
Stocks
European second-quarter corporate profits expected to fall 0.2%
July 8 (Reuters) - The outlook for European corporate health has deteriorated, the latest earnings forecasts showed on Tuesday.European companies are expected to report a drop of 0.2% year-on-year in second-quarter earnings, on average, according to LSEG I/B/E/S data, below the 0.6% increase analyst...Reuters
Tue, Jul 8
Other
Exclusive: South Korean insurer DB walks away from potential Fortegra acquisition
By James ThalerJuly 7 - (The Insurer) - DB Insurance has halted its pursuit of Fortegra after months of negotiations to acquire the US-based specialty insurer owned by Tiptree and Warburg Pincus, three senior independent sources confirmed to The Insurer.Exact details on the reasoning for the breakdo...Reuters
Tue, Jul 8
Other
Iran remains interested in diplomacy, foreign minister writes in FT
July 8 (Reuters) - Iran's Foreign Minister Abbas Araghchi on Tuesday said that Iran remains interested in diplomacy but "we have good reason to have doubts about further dialogue."In recent days, Iran received messages indicating that the United States may be ready to return to negotiati...Reuters
Tue, Jul 8
Stocks
US STOCKS-Wall St steadies as investors focus on trade talks after latest tariff shock
Indexes: Dow down 0.08%, S&P 500 up 0.1%, Nasdaq up 0.18%Tesla stock up after steep losses in previous sessionMinutes of Fed June rate meeting due on WednesdaySolar stocks fall as Trump seeks to end tax creditsBy Pranav Kashyap and Nikhil Sharma July 8 (Reuters) - Wall Street's main index...Reuters
Tue, Jul 8
Stocks
LIVE MARKETS-No bounce
US stocks mixed; Nasdaq rises, S&P 500 edges red, Dow slipsEnergy leads S&P sector gainers; Utilities weakest groupEuro STOXX 600 index up ~0.2%Dollar rallies; bitcoin gains; crude ~flat; gold off ~1%US 10-Year Treasury yield rises to ~4.42%Welcome to the home for real-time coverage of marke...Reuters
Tue, Jul 8
Commodities
Far-right lawmakers to lead EU negotiations on new climate target
By Kate Abnett BRUSSELS, July 8 (Reuters) - The far-right Patriots for Europe group will lead the European Parliament's work on the bloc's new climate target, European Union lawmakers said on Tuesday, a role that could complicate a deal on the goal to cut greenhouse gas emissions by 90% b...Reuters
Tue, Jul 8
Other
United Airlines To Resume Service To Tel Aviv, Israel on July 21
July 8 (Reuters) - United Airlines:UNITED AIRLINES: FLIGHTS FROM NEW YORK/NEWARK TO TEL AVIV RESTART JULY 21, WITH SECOND DAILY FLIGHT RESUMING JULY 22UNITED AIRLINES: WILL CONTINUE TO SERVE TEL AVIV ON BOEING 787-10SReuters
Tue, Jul 8
Cryptocurrencies
OpenAI overhauls security to protect IP
OpenAI has revamped its security measures to guard against foreign threats. The $300B artificial intelligence company, known globally for its products like ChatGPT, has rolled out a broad security overhaul that includes stricter access controls, heightened employee vetting, and physical safeguards. Although the company has denied the claim that its actions are in response to […]Cryptopolitan
Tue, Jul 8
Other
Germany Inc weighs joint push to boost investor confidence, sources say
German corporations plan joint initiative to boost investor confidenceInitiative includes 300-billion-euro investment commitment until 2028German government economic measures include tax relief package and spending surge By Sarah Marsh, Christoph Steitz and Maria Martinez BERLIN/FRANKFURT, July 8...Reuters
Tue, Jul 8
Stocks
Semiconductor Shares Rise. Wolfspeed up 21%; Intel up 5%; SOXL up 4%; AMD, Micron up 2%
Semiconductor shares rose in Tuesday trading. Wolfspeed up 21%; Intel rose 5%; SOXL rose 4%; ON Semiconductor up 3%; AMD, Micron rose 2%; Marvell up 1%; Nvidia up 0.3%.Intel began laying off employees across the company Monday, notifying workers individually about whether they will keep their jobs.N...Tiger News
Tue, Jul 8
Other
OSR Holdings Announces Strategic Roadmap For Tokenization Under Reg D Framework
July 8 (Reuters) - OSR Holdings Inc OSRH.O:OSR HOLDINGS ANNOUNCES STRATEGIC ROADMAP FOR TOKENIZATION UNDER REG D FRAMEWORK IN PARTNERSHIP WITH BCM EUROPE AGOSR HOLDINGS INC - PLANS $50 MILLION SECURITY TOKEN OFFERING IN 2025OSR HOLDINGS INC - SECURES $80 MILLION EQUITY LINE OF CREDITReuters
Tue, Jul 8
Stocks
Ciena falls on Morgan Stanley downgrade
** Shares of networking equipment maker Ciena CIEN.N fall ~2% to $78.87 in early trading** Morgan Stanley downgrades stock to "underweight" from "equal weight", trims PT to $70 from $73** Brokerage sees more muted earnings follow-through on any upside surprises, citing a higher mix o...Reuters
Tue, Jul 8
Stocks
Northrop Grumman falls after Deutsche Bank downgrades to 'hold', cuts PT
** Shares of defense co Northrop Grumman NOC.N down nearly 1% at $504 in early trade ** Deutsche Bank downgrades co to 'hold' from 'buy', cuts PT to $542 from $580, still a premium of 6.7% from stock's last close** Expects co's Q2 earnings to miss estimates slightly and also ...Reuters
Tue, Jul 8
Stocks
South African rand steady on hopes for further trade talks with the US
JOHANNESBURG, July 8 (Reuters) - The South African rand was steady on Tuesday, buoyed by hopes the country could still salvage a less damaging trade deal with the United States after President Donald Trump extended a tariff deadline to August 1.Trump informed Pretoria and more than a dozen other tra...Reuters
Tue, Jul 8
