Trump: Israel attack on Iran ‘excellent,’ more to come -ABC interview
WASHINGTON (Reuters) -U.S. President Donald Trump on Friday said the Israeli attack on Iran has been “excellent” and warned there was much more to come, according to an interview with ABC News. “I think it’s been excellent. We gave them a...
US tariffs may have ended BOJ’s rate-hike cycle, former policymaker says
By Leika KiharaTOKYO (Reuters) -U.S. President Donald Trump’s tariffs may have put an end to the Bank of Japan’s rate-hike cycle, with the chance of further interest rate increases fading fast due to the expected hit to exports, former BOJ policymaker...
Top Wall Street bank pitches options play to ride potential Indian rupee rally to 83
By Nimesh VoraMUMBAI (Reuters) -Goldman Sachs’ sales and trading desk is recommending an options play on the Indian rupee that will pay off if the South Asian currency rallies to 83 per U.S. dollar over the next nine months. The call — effectively a bet on a 3%...
Chime prices IPO at $27 per share to raise $864 million
By Echo Wang(Reuters) -Financial technology company Chime said on Wednesday it raised $864 million in its initial public offering after pricing shares at $27 each. The company had marketed the offering between $24 and $26 per share. The IPO values Chime at roughly...
BlackRock aims to grow revenue to $35 billion and more by 2030
By Davide BarbusciaNEW YORK (Reuters) -BlackRock said on Thursday it was aiming to grow its revenue to $35 billion and more by 2030, as the asset management giant expands its foothold in private markets.The New York-based firm, which reported revenue of $20 billion...
Bulls load up on Asian currencies as trade uncertainty knocks dollar: Reuters poll
By John Biju(Reuters) -Bullish bets firmed up on most Asian currencies as the lack of clarity on a U.S.-China trade agreement kept the dollar on the back foot, a Reuters poll showed on Thursday.Long positions in the Taiwan dollar touched their highest since December...
Oracle shares soar as AI cloud demand propels revenue forecast
(Reuters) -Oracle shares surged nearly 8% in premarket trading on Thursday after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.The stock has risen nearly 6% so far this year as confidence in the software...
JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s
(Reuters) – JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the low-to-mid $60s through 2025 and $60 in 2026, but said certain worst-case scenarios could send prices surging to double those...