Tag: fast
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SK Hynix US listing more than seven times oversubscribed, source says
SEOUL, July 9 : Demand for SK Hynix’s $28 billion U.S. share sale was more than seven times available shares, a person familiar with the matter said, underscoring huge investor appetite for one of the most important companies in the AI supply chain.The offering from the South Korean chipmaker, which will fina
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Japan bond market signals waning faith in inflation, government’s fiscal management
TOKYO, July 9 : Japan’s bond market is signalling diminishing confidence that the central bank can contain inflation while the government’s spending ambitions further strain the nation’s finances.Yields on 10- and 20-year Japanese government bonds (JGBs) shot to multi-decade highs this week as concerns resurf
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Oil rises after US launches fresh strikes against Iran
BEIJING, July 9 : Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 78 cents, or 1 per cent to…
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Indonesia’s Pertamina, Boeing sign MoU on sustainable aviation fuel development
JAKARTA, July 9 : Indonesian state energy firm Pertamina said it has signed a memorandum of understanding (MoU) with U.S. planemaker Boeing to explore opportunities in developing a sustainable aviation fuel (SAF) industry in the country.Here are some key details:• The agreement aims to support Indone
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Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed Gulf tensions revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure.The dollar fetched 162.41 yen, hovering near the strongest level since July 1. The e
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No room for praise yet, we want World Cup title, says Morocco coach Ouahbi
FOXBOROUGH, Massachusetts, July 8 : Morocco will not be wasting time on premature praise for their World Cup run ahead of their quarter-final against France, with any stock-taking to be done at the end of the competition, coach Mohamed Ouahbi said on Wednesday. The game on Thursday is a rematch of the 2022
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Saibari out for Morocco but coach says France game will not hold any surprises
FOXBOROUGH, Massachusetts, July 8 : Morocco have no special plans for their World Cup quarter-final against France but know they will need to match their heavily fancied opponents in all departments, coach Mohamed Ouahbi said on Wednesday. They must, however, cope on Thursday without striker Ismael Saibari,
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Japan benchmark bond yield hits 30-year high on inflation, fiscal health concerns
TOKYO, July 9 : The benchmark 10-year Japanese Government Bond (JGB) yield hit a 30-year high on Thursday, as rising oil prices rekindled inflation concerns and investors remained wary of Japan’s fiscal health.Here are a few details: • The 10-year JGB yield rose 1.5 basis points (bps) to 2.880 per c
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US states could sue next week to block Paramount-Warner Bros deal, sources say
July 8 : U.S. states concerned that Paramount’s $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters.The sources did not specify the type of competition that the states were concerned about
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Courtois sees Belgium getting better and believes they can beat Spain
LOS ANGELES, July 8 : Belgium goalkeeper Thibaut Courtois believes his country can create a surprise at the World Cup and upset Spain in Friday’s quarter-final after finally beginning to show some form.”Everyone on our team realises it’s possible. I think we have a strong squad with qualities that Spain wil
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