6+ day, 18+ hour ago   (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its ​experimental cardiovascular drug ziltivekimab, further ‌denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...

1+ week, 6+ day ago   (851+ words) Aug 31 (Reuters) – China is slowing down a long rally in the yuan and is likely to keep further currency gains to a minimum this year, market participants say, as authorities step in to support exporters. The move could cause friction…...

2+ week, 2+ day ago   (313+ words) By Kamal Choudhury and Mariam Sunny Aug 28 (Reuters) – The U.S. Food and Drug Administration has approved a first-of-its-kind drug from Takeda Pharmaceutical and Protagonist Therapeutics to treat ​a rare blood cancer, the health regulator said on ‌Friday. The approval of…...

2+ week, 6+ day ago   (515+ words) HONG KONG, Aug 25 (Reuters) – The U.S. dollar regained some strength on Tuesday, as investors parsed Washington’s expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields, while cryptocurrencies extended a rally on debasement fears. U.S....

2+ week, 6+ day ago   (494+ words) By Ishaan Arora and Jeslyn Lerh SINGAPORE, Aug 25 (Reuters) – Oil prices recovered ground on Tuesday after settling down more than 2% in the previous session, with investors assessing the impact of the latest U.S. sanctions against Iran. Brent crude futures rose…...

3+ week, 2+ day ago   (233+ words) Aug 21 (Reuters) – Scholar Rock said on Friday it withdrew its European application for the experimental spinal muscular atrophy drug and ​plans to resubmit it with a different ‌manufacturing site after issues at a Novo Nordisk-owned facility. Last year, the U....

3+ week, 3+ day ago   (573+ words) SINGAPORE, Aug 21 (Reuters) – The dollar slid on Friday and was set for a weekly loss, as investors viewed the U.S. Treasury’s bond buyback gambit as merely a temporary fix, while raising fresh concerns about officials’ increasingly interventionist approach. U.S....

3+ week, 5+ day ago   (441+ words) HONG KONG, Aug 19 (Reuters) – The U.S. dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve’s latest policy meeting for clues ​on the path of…...

3+ week, 5+ day ago   (651+ words) NEW YORK, Aug 18 (Reuters) – A sell-off in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget alike. WHY HAVE YIELDS BEEN RISING? Investors point to several forces behind the move,…...