General News
Latest news from around the World.
Australian rare earth miner surges as much as 29% after U.S. Department of War investment
Sunrise Energy Metals shares surge 29% after $400 million U.S. investment. The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China's critical-minerals dominance.
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UK's Serica says $197 million bid for Pharos is final
Serica Energy will not be raising its £145.7 million ($196.59 million) proposal for peer oil and gas producer Pharos Energy , the British company said on Monday, days after Israel's Ratio Petroleum tabled a higher takeover proposal.
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AI Safety Fears Grow After Multiple Breaches
The infiltration of Hugging Face by OpenAI's agents has put AI-enabled cyber attacks into the spotlight. The incident and similar breaches reported by Anthropic PBC and Meta Platforms Inc. have fueled calls in Washington and Silicon Valley for more thorough safety reviews of artificial intelligence models.
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U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall
American military redirected 20 more commercial vessels away from Iranian ports last week under its naval blockade. Trump said that he is prepared to wait for economic distress to mount in Iran, backing away from a renewed round of military offensive.
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A capex supercycle beyond just AI anchors Asia's growth outlook: Economist
Chetan Ahya from Morgan Stanley says in addition to AI, energy capex is huge in Asia as all countries are going through energy transition.
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Fed could hold interest rates through December as weak jobs data reshapes outlook: Strategist
George Boubouras of K2 Asset Management reacts to the weaker-than-expected U.S. nonfarm payrolls report for July and discusses what it could mean for the Federal Reserve's interest-rate path. He also weighs in on Fed Chairman Kevin Warsh's push to move away from forward guidance and explains why he believes it could be a positive shift.
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Explainer: What is Unitree and why are China's humanoid robot makers racing to list?
Chinese robot maker Unitree has priced its Shanghai initial public offering at 150.8 yuan per share, with subscriptions to start on Monday, as it seeks to raise 6.1 billion yuan ($904 million) in a deal that would see it become the first mainland-listed humanoid robot manufacturer.
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Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal
Iranian Foreign Minister Abbas Araghchi said that Tehran is not currently in direct talks with the U.S. to end the war with Iran and open the Strait of Hormuz. Risks remain elevated outside Hormuz too, with Houthi groups in Yemen continuing attacks and threats, according to Citi.
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Japan's executives call for FX stability as weak yen intensify import-cost pressure
Japanese executives are increasingly warning that currency swings and a persistently weak yen pose risks to the economy, highlighting concerns that triggered last week's joint Japan-U.S. intervention to support the currency.
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It's A Near-Perfect Bullish Setup, But Time Is Short, Act Accordingly
This is a bullish market phase, but I anticipate a 5–7% correction as bearish narratives gain traction. Key risks include rising interest rates, armed conflict, oil price volatility, and political headwinds, yet I see these as buy-the-dip opportunities.
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Asian Currencies Consolidate; May Be Buoyed by Reduced Fed Rate-Hike Prospects
Asian currencies consolidated against the dollar in early trade, but may be buoyed by reduced Fed rate-hike prospects.
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JGBs Edge Lower Amid Potentially Quicker Pace of BOJ Rate Hikes
JGBs edged lower in early Tokyo trade amid a potentially quicker pace of BOJ rate increases, after the Summary of Opinions from its July 30-31 meeting released earlier.
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Nikkei Rises 1.2%, Led by Electronics, Metals Stocks
Japanese stocks were higher in early trade after weak U.S. jobs data diminished prospects for the Fed's potential rate increases.
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I Squared wins bidding war for Australia's oOh!media with $735 million deal
Australian outdoor advertising company oOh!media said on Monday it had agreed to be bought by infrastructure investor I Squared Capital in an A$1.04 billion ($734.55 million) deal including debt.
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Australia's Treasury Wine takes $394 million charge to revamp US business; shares climb
Australia's Treasury Wine Estates said on Monday it would overhaul its U.S. business by fallowing vineyards, impairing brands and writing down inventory, resulting in a post-tax charge of A$558.4 million ($394.4 million).
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U.S. stock futures flat as investors await inflation data, grapple with more Iran uncertainty
U.S. stock-index futures were little changed on Sunday, after new demands from Iran raised fresh doubts about the Strait of Hormuz reopening anytime soon and as investors await key inflation data later this week.
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Stock Futures to Begin Another Week of Iran Uncertainty
This week brings the latest reading on consumer inflation plus earnings from artificial intelligence companies.
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This is the third industrial revolution: J.P. Morgan chief investment strategist
J.P. Morgan Wealth Management chief investment strategist Phil Camporeale discusses how the tech market will respond to the rise of artificial intelligence on 'Making Money.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #makingmoney #artificialintelligence #ai #technology #tech #investing #investment #markets #stockmarket #economy #finance #wealth #jpmorgan #philcamporeale #innovation #business #future
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Banks: The Overlooked Beneficiary Of The AI Capital Cycle
Financials sector has been the second worst-performing group within the S&P 500 on a year-to-date basis, returning 2.3% versus 9.8% for the overall market. As energy prices have remained elevated and inflationary risks have caught the attention of the Federal Reserve, markets have pivoted to pricing in a more hawkish policy rate path this year.
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Alger Dynamic Opportunities Fund Q2 2026 Portfolio Update
Class A shares of the Alger Dynamic Opportunities Fund outperformed the S&P 500 Index during the second quarter of 2026. For the quarter, the portfolio's average long exposure was 88.77% and the average short exposure was -37.38%. Long positions Nebius Group, Astera Labs, Inc., and Western Digital Corporation were among the top contributors to performance.
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