The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
TL;DR summary: Trump warned Iran against rebuilding weapons programs, reviving strike risk. Renewed Iran tensions raise the prospect of higher oil risk premiums. Hamas disarmament …
TL;DR summary: EIA data showed unexpected builds across crude, gasoline and distillates. Inventory figures clashed with prior expectations for tightening balances. Oil prices remained supported …
TL;DR summary: Nvidia has completed a $5bn private placement in Intel, formalising a ~4% equity stake. The deal follows US government and SoftBank funding aimed …
TL;DR summary: China shipment data point to a sharp rebound in non-Chinese branded phones, boosting Apple’s implied market share. Premium demand appears resilient despite weak …