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US Health Department pauses, then resumes $5 billion in public health grants, Bloomberg News reports
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Thursday, October 16
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SRN News
Asian shares are mostly higher after Wall St ends an erratic day with gains
MANILA, Philippines (AP) — Most Asian stock indexes rose on Thursday, tracking gains on Wall Street following a topsy-turvy trading day. U.S. futures were nearly flat, while oil prices were higher. Japan’s Nikkei 225 rose 0.8% to 48,069.71 as investor sentiment was lifted by a strong ...
Wednesday, October 15
by
SRN News
South Korean presidential policy chief says ‘optimistic’ about US tariff talks
By Jihoon Lee SEOUL (Reuters) -South Korea’s chief presidential policy adviser said on Thursday he was “optimistic” about ongoing talks to finalise a trade deal with the U.S., in the latest remarks by officials suggesting progress in negotiations that had stalled for months. Kim Yong-beom and ...
Wednesday, October 15
by
SRN News
Asia stocks join Wall Street rally, gold at record high on trade angst
By Kevin Buckland TOKYO (Reuters) -Stocks rose across most of Asia on Thursday, with the chip sector buoyant following a strong rally among U.S. peers overnight. A robust start to the earnings season on Wall Street also helped lift the mood. Simmering trade frictions between Beijing ...
Wednesday, October 15
by
SRN News
Trump hosts glitzy dinner for wealthy donors to new White House ballroom
WASHINGTON (AP) — President Donald Trump on Wednesday welcomed nearly 130 deep-pocketed donors, allies and representatives of major companies for a dinner at the White House to reward them for their pledged contributions to a massive new ballroom. The ballroom, whose price tag is now ...
Wednesday, October 15
by
SRN News
Dollar soft as Sino-US trade tension weighs
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment, while growing confidence of the U.S. Federal Reserve cutting its policy interest rate this year also weighed on the greenback. The euro rose 0.14% to $1.1664 in ...
Wednesday, October 15
by
SRN News
Beta Technologies aims for $7.22 billion valuation in US IPO
(Reuters) -Electric aircraft maker Beta Technologies said in a regulatory filing on Wednesday that it was aiming for a U.S. listing valuing the company at about $7.22 billion. Vermont-based Beta plans to offer 25 million shares priced between $27 and $33 each and is seeking ...
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Wednesday, October 15
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SRN News
Goldman Sachs Asset Management’s global co-head and CIO of public investing to retire in 2026, memo says
(Reuters) -Goldman Sachs Asset Management’s global co-head and chief investment officer of public investing, Ashish Shah, will retire from the partnership next year, according to a memo seen by Reuters on Wednesday. Shah is set to assume the role of an advisory director, post retirement, at the ...
Wednesday, October 15
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SRN News
US energy department ends grant for American Battery’s lithium hydroxide project
(Reuters) -American Battery Technology said on Wednesday the U.S. Department of Energy has terminated its grant for the setting up of a facility for the manufacturing of battery cathode grade lithium hydroxide. Under the grant, DOE’s Manufacturing Energy Supply Chain office would contribute $57.7 million, ...
Wednesday, October 15
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SRN News
Australia unemployment rate hits 4-year high, rate cut back in play
SYDNEY (Reuters) -Australia’s unemployment rate spiked unexpectedly to a near four-year high in September as more people went looking for work, a weak result that adds to the case for more policy easing. Investors ramped up bets for a rate cut from the Reserve Bank ...
Wednesday, October 15
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SRN News
Oil prices up 1% after Trump says India promised to stop buying Russian oil
By Katya Golubkova TOKYO (Reuters) -Oil prices rose by around 1% in early trade on Thursday after U.S. President Donald Trump said Indian Prime Minister Narendra Modi had pledged his country would stop buying oil from Russia, which supplies about one-third of its imports. Brent ...
Wednesday, October 15
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SRN News
Journalists turn in access badges, exit Pentagon rather than agree to new reporting rules
NEW YORK (AP) — Dozens of reporters turned in access badges and exited the Pentagon on Wednesday rather than agree to government-imposed restrictions on their work, pushing journalists who cover the American military further from the seat of its power. The nation’s leadership called ...
Wednesday, October 15
by
SRN News
Federal government to withhold $40M from California for not enforcing trucker English requirements
Transportation Secretary Sean Duffy said Wednesday he will withhold $40 million from California because it is the only state that is failing to enforce English language requirements for truckers. An investigation launched after a deadly Florida crash involving a foreign truck driver who made an ...
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