News
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Stocks
REFILE-Australian steelmaker BlueScope sees Trump’s tariffs as a boon
Refiles to remove extra quotation mark, paragraph 8By Christine Chen SYDNEY, Feb 17 (Reuters) - BlueScope Steel BSL.AX, Australia's largest steelmaker, will be a beneficiary of U.S. President Donald Trump's protectionist tariffs, CEO Mark Vassella said on Monday, saying that he expects hi...Reuters
Mon, Feb 17
Other
Russia says it destroys 90 Ukrainian drones overnight
Feb 17 (Reuters) - Russia's air defence units intercepted and destroyed 90 Ukrainian drones overnight, the Russian defence ministry said on Monday. Thirty-eight of the drones were downed over the Sea of Azov, 24 over the southern Russia region of Krasnodar, and the rest over several other region...Reuters
Mon, Feb 17
Stocks
Star gets potential lifeline as Oaktree offers refinancing; shares rally
Shares rise 8.3% to A$0.13Oaktree offers to refinance A$650 mln debtRewrites throughout, updates with shares, analyst comment, further details and backgroundBy Himanshi Akhand and Rishav Chatterjee Feb 17 (Reuters) - Star Entertainment SGR.AX announced on Monday that U.S.-based Oaktree OAKCP.UL h...Reuters
Mon, Feb 17
Commodities
Oil falls for 4th day on expectations Russia-Ukraine peace may lift supply
Oil prices fell for a fourth day on Monday on expectations a Russia-Ukraine peace deal could ease sanctions disrupting supply flows and on concerns that global tariff wars could slow economic growth and weaken energy demand.
Reuters
Mon, Feb 17
Stocks
European chip stocks: Why JPMorgan doesn't expect an imminent stock price recovery
Investing.com -- JPMorgan analysts remain cautious on European semiconductor stocks, particularly those exposed to the automotive and industrial sectors, citing persistently high inventory levels and weak demand.
Investing.com
Mon, Feb 17
Other
Europe will not be part of Ukraine peace talks, US envoy says
Europe won't have a seat at the table for Ukraine peace talks, Donald Trump's Ukraine envoy said on Saturday, after Washington sent a questionnaire to European capitals to ask what they could contribute to security guarantees for Kyiv.Reuters
Mon, Feb 17
Stocks
Constellation Brands stock jumps as Buffett's Berkshire shows new investment
Warren Buffett's Berkshire Hathaway (NYSE:BRKa) holding company released its 13F for the quarter ended December 31, 2024, on Friday. The firm showed a new investment in Constellation Brands (NYSE:STZ), a major alcoholic beverage producer.Investing.com
Mon, Feb 17
Cryptocurrencies
Bitcoin Ready For Price Leap To $300,000 – Analyst Explains Why
Dutch crypto analyst Gert van Lagen has shared an audacious bullish prediction of Bitcoin for the current bull cycle. This development comes amidst a continuous consolidation in the BTC market marked by no substantial price action in the past day.
Cryptocurrencies
Solana records fifth straight week of DEX volume decline
Decentralized exchanges (DEXs) on Solana recorded approximately $20.2 billion in the week that ended February 16. The numbers extend a streak of declining weekly trading volume for the fifth straight week, based on DeFiLlama data.
Other
China's Xi attends symposium on private enterprises, delivers speech
BEIJING, Feb 17 (Reuters) - China's President Xi Jinping has attended a symposium on private enterprises and delivered a speech after listening to representatives of private companies, according to official news agency Xinhua on Monday.Reuters
Mon, Feb 17
Cryptocurrencies
Ethereum Price Faces Renewed Pressure—Is a Breakdown Imminent?
Ethereum price is moving lower from the $2,800 zone. ETH might gain bearish momentum if it dips below the $2,650 support zone. Ethereum started a fresh decline below the $2,720 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key bullish tr...NewsBTC
Mon, Feb 17
Economic Indicator
Japan's GDP beats forecasts as consumption, business spending perk up
Q4 GDP rises annualised 2.8% vs forecast 1.0%Consumption growth slows to 0.1%; capex upGrowth momentum among factors BOJ sees key to further rate hikesAdds analyst comments, contextBy Makiko Yamazaki and Satoshi Sugiyama TOKYO, Feb 17 (Reuters) - Japan's economy grew faster than expected in t...Reuters
Mon, Feb 17
Stocks
BUZZ-Australia's Iperionx gains on $47 mln US contract
** Iperionx IPX.AX jumps 6.5% to A$4.4, highest since January 14** Titanium miner gets contract of up to $47.1 mln from U.S. Department of Defense (DoD) to strengthen U.S. Defense Industrial Base by accelerating development of a U.S. mineral-to-metal titanium supply chain** About 1.9 mln shares trad...Reuters
Mon, Feb 17
Other
Bain Capital ends acquisition battle with KKR for Fuji Soft
Adds Bain Capital statement and background in paragraphs 2-8 TOKYO, Feb 17 (Reuters) - U.S. private equity firm Bain Capital said on Monday it will not launch a tender offer for Fuji Soft 9749.T, formally ending a takeover battle with rival KKR KKR.N for the Japanese IT company.Bain had said last...Reuters
Mon, Feb 17
