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News
Truth Social fund firm Yorkville America plans acquisition, more ETF launches
1+ week, 6+ day ago (348+ words) PROVIDENCE, Rhode Island, Aug 31 (Reuters) – Yorkville America, the asset manager behind President Donald Trump’s Truth Social exchange-traded funds, is close to completing an acquisition aimed at broadening its product range, the firm’s CEO Steve Neamtz told Reuters. Neamtz, who joined…...
Oil prices rise as latest fighting resurrects Middle East supply disruption risks
1+ week, 6+ day ago (452+ words) By Noel John and Sumit Saha Sept 1 (Reuters) – Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude…...
China reins in rising yuan as weak domestic demand clouds outlook
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…...
Explainer-The super peso is back — and it’s starting to hurt
2+ week, 5+ day ago (806+ words) By Stefanie Eschenbacher and Noe Torres MEXICO CITY, Aug 25 (Reuters) – Almost nobody saw this coming. At the start of 2025, Mexico’s central bank and Wall Street alike expected the peso to weaken toward 21 per dollar. Instead, it has surged past 17, making…...
As war strands Qatari gas for 6 months, US sales rise and European stocks plummet
2+ week, 5+ day ago (218+ words) By Marwa Rashad and Nora Buli LONDON/OSLO, Aug 26 (Reuters) – Six months into the U.S.-Iran war, Qatar is among the conflict’s biggest economic casualties, with its liquefied natural gas exports slashed by 96%, data shows. Saudi Arabia, the UAE, Iraq…...
Analysis-Japan Inc seeks new hedges for a long era of yen weakness
2+ week, 5+ day ago (800+ words) By Anton Bridge and Miho Uranaka TOKYO, Aug 25 (Reuters) – Taku Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets south of Tokyo, imports that have more recently become costlier almost by the…...
US ethanol credit prices slump after EPA delays biofuel compliance deadline
2+ week, 6+ day ago (342+ words) By Siddharth Cavale and Shariq Khan NEW YORK, Aug 24 (Reuters) – Prices for U.S. ethanol blending credits plunged on Monday to their lowest levels in more than four months, market sources said, after the Environmental Protection Agency said it would extend…...
Dollar inches up as markets weigh Iran sanctions, Treasury buybacks
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....
Strategy earmarks $1.6 billion cash pool for treasury operations, buybacks
2+ week, 6+ day ago (237+ words) Aug 24 (Reuters) – Michael Saylor’s Strategy set aside about $1.6 billion in cash to fund future treasury operations, including potential bitcoin purchases and share buybacks, the company disclosed in a regulatory filing on Monday. The world’s largest corporate buyer of bitcoin dubbed…...
Woodside scraps clean energy target, posts 7% first-half profit rise
2+ week, 6+ day ago (566+ words) By Helen Clark and Shivangi Lahiri PERTH, Aug 25 (Reuters) – Woodside Energy on Tuesday abandoned a longer-term emissions target and $5 billion in planned clean energy spending by 2030 to focus on its core oil and gas business after reporting a 7% rise in…...