Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth
Shares of major Indian IT companies fall up to 7% after global sector leader Accenture cuts its revenue guidance.
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Zealand Pharma stock suffered its two worst days on record. Here’s what’s next for the weight loss drugmaker
While the market’s enthusiasm for one of Zealand’s experimental drugs has cooled, investors are shifting focus to amylin-based medicines as a growth driver
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Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook
With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC’s outlook for the market.
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Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets
On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.
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MSCI isn’t done with Indonesia yet: new report signals continued concerns over market transparency
MSCI flagged growing concerns about transparency in Indonesia’s stock market.
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Why Japan’s $70 billion-plus intervention and a rate hike didn’t prop up the yen more
Japan was willing to step in to defend the yen around the 160 level before, and it’s at that point again.
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CNBC Daily Open: Trump-Vance tag team takes on Iran deal critics
Trump and Vance fought back criticisms the U.S. gave “too much” to Iran in the 14-point MOU, while traders are pricing in expectations of potential rate hikes
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U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran
The first signs of a post-war recovery are emerging across the Middle East after the United States and Iran signed a memorandum aimed at ending the conflict.
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Trump claims Iran deal is ‘unconditional surrender,’ says his power has ‘no limits’: Axios
Trump said in an interview with Axios on Thursday evening stateside that he negotiated the deal to prevent the conflict from triggering a global depression.
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South Korea’s Kospi extends record run as Asia markets open mixed; Samsung, SK Hynix hit all-time highs
Asia-Pacific markets were set to trade mixed on Friday as investors assessed the durability of a U.S.-brokered peace agreement with Iran.
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