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Gold price surges past $3,350 as Trump tariff threats jolt markets
Gold price rallies nearly 1% on Friday as the market mood shifts sour on controversial trade policies imposed by US President Donald Trump on Canada and threatening to broaden duties to other countries and Copper.
Fxstreet
Fri, Jul 11
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KBAT Group Files For U.S. IPO Of 3.75 Mln Class A Ordinary Shares
July 11 (Reuters) - KBAT Group:KBAT GROUP: FILES FOR U.S. IPO OF 3.75 MILLION CLASS A ORDINARY SHARES- SEC FILINGKBAT GROUP INC - RESERVES SYMBOL 'KBAT' FOR NASDAQ LISTING - SEC FILINGKBAT: OFFERING IS EXPECTED TO BE BETWEEN $4.00 & $5.00 PER CLASS A ORDINARY SHAREKBAT: NETWORK 1 FINANCI...Reuters
Fri, Jul 11
Other
Trump blocks acquisition of equipment supplier Jupiter Systems by Hong Kong firm
WASHINGTON, July 11 (Reuters) - U.S. President Donald Trump ordered the prohibition of the acquisition of audio visual equipment supplier Jupiter Systems by Hong Kong company Suirui International, the U.S. Treasury Department said in a statement on Friday.The Committee on Foreign Investment in the U...Reuters
Fri, Jul 11
Other
Tennis-Venus Williams to play at Washington Open
July 11 (Reuters) - Seven-time Grand Slam champion Venus Williams will compete at a WTA event for the first time in 16 months after she accepted a wildcard for this month's Washington Open.The 45-year-old Williams has not competed since the Miami Open in March 2024 and has not won a match since ...Reuters
Fri, Jul 11
Other
Hawaii Governor Green signs bill to stabilize property insurance market
By Mia MacGregorJuly 11 - (The Insurer) - Hawaii Governor Josh Green has signed Senate Bill 1044 (Act 296) into law aiming to stabilize the state’s property insurance market amid rising premiums and limited coverage options, exacerbated by environmental disasters.Act 296 reactivates the Hawaii Hurri...Reuters
Fri, Jul 11
Cryptocurrencies
US posts $27 billion budget surplus in June, the first June surplus since 2017
America just booked a $27 billion budget surplus in June, a rare sight not seen since 2017, according to the Treasury Department’s Friday report. After bleeding $316 billion in red ink the month before, the U.S. government flipped the script, and the driving force was tariffs pushed by President Donald Trump. The surprise surplus dragged […]Cryptopolitan
Fri, Jul 11
Stocks
Why Robinhood Stock Soared 151% in the First Half of 2025
Key PointsRobinhood soared alongside a boost in crypto prices, and as its profits jumped.The company announced a new tokenization platform, allowing European investors to buy U.S. stocks through tokens.Its turnaround has been impressive, but investors should expect volatility ahead. 10 stocks we lik...The Motley Fool
Fri, Jul 11
Commodities
CBOT corn sets contract lows as US weather benefits crop development
CHICAGO, July 11 (Reuters) - Chicago Board of Trade corn futures dropped to contract lows on Friday under pressure from beneficial U.S. crop weather that was stoking expectations for a large harvest, analysts said.U.S. farmers were expected to reap bumper corn and soy crops this season as both are d...Reuters
Fri, Jul 11
Commodities
US port operators seek to mitigate hefty expected tariffs on China-built port cranes
Trump administration signals it wants to stop purchases of China-made port cranesIndustry group executive sees 100% tariffs as "the floor"Trump tariff push comes after Biden imposed 25% levies on China cranesBy Lisa BaertleinLOS ANGELES, July 11 (Reuters) - U.S. seaport operators are asking...Reuters
Fri, Jul 11
Other
Chubb and Marsh CEOs advocate for taxing litigation funders in joint op-ed
By Isha MaratheJuly 11 - (The Insurer)— Chubb and Marsh McLennan CEOs Evan Greenberg and John Doyle said third-party litigation funders should be taxed on the income they derive to curb the spike in litigation costs in an opinion piece for the Wall Street Journal."Our tort system plays an impor...Reuters
Fri, Jul 11
Other
Skydance in early talks to acquire The Free Press, NYT reports
July 11 (Reuters) - Skydance Media CEO David Ellison has held preliminary talks to acquire The Free Press, an online news outlet, the New York Times reported on Friday, citing people familiar with the matter.The news comes as Skydance is seeking to close its $8.4 billion merger with Paramount Global...Reuters
Fri, Jul 11
Other
Divided US appeals court rejects plea deal for accused September 11 attacks mastermind
Court rules former Pentagon chief had authority to withdraw from plea dealsPlea deals concerned three Guantanamo Bay detainees including Khalid Sheikh MohammedThen-Defense Secretary Lloyd Austin withdrew from plea dealsBy Nate Raymond July 11 (Reuters) - A U.S. appeals court on Friday refused to ...Reuters
Fri, Jul 11
Cryptocurrencies
FBI shuts down NSW2U, a major piracy site for Nintendo Switch games
The FBI has seized NSW2U.com, a site that hosted pirated Switch games. Those attempting to access the site are now met with a single graphic displaying a warning from federal authorities, in place of the previous display of pirated game files. This effort adds to Nintendo’s ongoing campaign targeting unauthorized distribution of its software in […]Cryptopolitan
Fri, Jul 11
Cryptocurrencies
Bitcoin (BTC) Eyes 30% Rally as Whales Load Up, But Mutuum Finance (MUTM) Is Gaining Stronger Momentum This July
As Bitcoin (BTC) sparks fresh interest with a potential 30% rally fueled by whale accumulation, a quieter but more better coin is emerging in the crypto market this July, Mutuum Finance (MUTM). The token is now in presale, currently in stage 5 at $0.03. Over 65% of the phase has already been sold. Mutuum Finance […]Cryptopolitan
Fri, Jul 11
Stocks
US STOCKS-S&P 500 recedes from record highs as tariff worries weigh
Levi Strauss gains after hiking forecasts Trump slaps 35% tariffs on CanadaS&P 500 -0.22%, Nasdaq +0.03%, Dow -0.59%By Noel Randewich, Pranav Kashyap July 11 (Reuters) - The S&P 500 dipped from record highs on Friday, with Meta Platforms META.O losing ground after President Donald Trump i...Reuters
Fri, Jul 11
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