Retaliatory airstrikes hit Iranian air defense and radar sites following the downing of a US Apache helicopter near Oman. US forces conducted retaliatory strikes against Iranian military targets, including air defense sites and radar facilities, under President Trump’s dir
Evidence suggests the US Navy is moving more crude through the Strait of Hormuz than official data indicates, easing supply concerns. Oil prices fell after the US energy secretary reported a meaningful increase in Hormuz transits, with indications the US Navy is facilitati
The biotech firm priced 18.17M shares and 1.83M pre-funded warrants, expanding its public offering to $600M. Tango Therapeutics priced an upsized public offering, raising approximately $600M through the sale of 18.17M common shares and pre-funded warrants for 1.83M shares
North Korea-linked hackers stole $2 billion in crypto in 2025, a 51% increase from the previous year, driving collaboration. Chainalysis and the Korean National Police Agency signed an agreement to enhance crypto crime investigations. The partnership provides South Korean
Markets brace for May CPI report showing annual inflation exceeding 4% for the first time in three years, fueling Fed rate hike concerns. US stock futures extended losses as investors awaited May’s Consumer Price Index report, with headline inflation expected to rise above
MUFG’s Lloyd Chan highlights that a potentially hotter US CPI print could reinforce expectations of higher-for-longer US interest rates, underpinning broad US Dollar strength. Safe-haven demand linked to unresolved US–Iran tensions is seen keeping DXY near 100.00, as risk
Wall Street awaits the August CPI report to gauge whether the Federal Reserve will maintain aggressive rate hikes or ease tightening measures. Wall Street is on high alert ahead of tonight’s August Consumer Price Index (CPI) release, which could determine the Federal Reser
Traders remain cautious as the euro-pound cross stabilizes near 0.8625 before the European Central Bank announces its interest rate policy. The EUR/GBP pair traded flat at 0.8625 in early European trading on Wednesday, reflecting market caution ahead of the European Centra
Crypto market capitalization halves from its 2025 peak, while stablecoin dominance climbs to 15%. The total cryptocurrency market capitalization has fallen to $2.1 trillion, down nearly 50% from its 2025 high of $4.15 trillion. Stablecoin dominance has risen sharply during
The biotech firm priced 33.3M shares at the top of its range, securing gross proceeds of $633.3M in its public debut. Parabilis Medicines priced its initial public offering of 33.3M shares at $19 per share, the upper end of its marketed range, raising $633.3M in gross proc
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