Month: June 2025
European stocks open lower as Middle East conflict weighs on sentiment
European stocks open lower We’re 30 minutes into Tuesday’s trading session, and stocks are broadly in negative territory. The pan-European Stoxx 600 was last seen 0.8% lower, hitting its lowest level in more than three weeks. The index had gained 0.4% on Monday, as global markets appeared to shrug off the impact of the escalating […]
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CNBC Daily Open: Iran’s desire for a ceasefire lifts U.S. markets, but could be one-sided
Smoke rises after a reported Israeli strike on a building used by Islamic Republic of Iran News Network, part of Iran’s state TV broadcaster, on June 16, 2025 in Tehran, Iran. Stringer | Getty Images News | Getty Images The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. As early […]
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Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on
An Islamic Revolutionary Guard Corps speed boat sailing along the Persian Gulf during the IRGC marine parade to commemorate Persian Gulf National Day, near the Bushehr nuclear power plant in the seaport city of Bushehr, in the south of Iran, on April 29, 2024. Nurphoto | Nurphoto | Getty Images Some shipowners are opting to […]
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How Vantage created a new asset class for European investors to gain exposure to cloud and AI data centers
A notable bond deal earlier this month not only provided hundreds of millions of euros to Vantage Data Centers but also created a new asset class for investors across Europe and a blueprint for similar companies to follow. Denver-based Vantage raised 720 million euros ($820 million) through the continent’s first euro-denominated bond deal backed by […]
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Bank of Japan to slow cuts to government bond purchases from April next year as growth risks loom
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank on Tuesday said it would slow the cuts to government bond purchases from April next year, while it also held the benchmark rate at 0.5% amid rising […]
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Gold outshines Treasurys, yen and Swiss franc as the ultimate safe haven
“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. Sven Hoppe | Picture Alliance | Getty Images SINGAPORE — Gold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens […]
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Amazon extends Prime Day to four days, starting July 8
An Amazon worker moves boxes on Amazon Prime Day in the East Village of New York City, July 11, 2023. Spencer Platt | Getty Images Amazon is extending its Prime Day discount bonanza, announcing that the annual sale will run four days this year. The 96-hour event will start at 12:01 a.m. PT on July […]
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Asia-Pacific markets trade mixed as investors assess Israel-Iran conflict; BOJ stands pat on rates
Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets traded mixed Tuesday, as investors assessed the Israel-Iran conflict after U.S. President Donald Trump urged “everyone” to immediately evacuate Tehran. The president subsequently left the Group of Seven summit a day earlier due to the Middle East crisis. Fitch Ratings […]
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G7 leaders urge de-escalation in Middle East, blame Iran for ‘instability and terror’
KANANASKIS, ALBERTA – JUNE 16: (L-R) Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, U.S. President Donald Trump, British Prime Minister Kier Starmer, German Chancellor Friedrich Merz, European Union Commission President Ursula von der Leyen, European Union Council President Antonio Costa and Japanese Prime Minister Shigeru Ishiba participate in […]
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SoftBank raises $4.8 billion from T-Mobile share sale, term sheet shows: Reuters
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Japan’s SoftBank raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters. The shares were offered in a price range of $224 to $228 each, […]
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