China to buy double-digit billions in US farm products The US and China have concluded a high-stakes summit in Beijing. A key outcome is China's expected pledge to buy double-digit billions of dollars in American agricultural products annually. The pledge i
The company reported a quarterly GAAP loss alongside a decline in cash and cash equivalents to $5.68 million. Innovative Eyewear reported a first-quarter GAAP loss of $0.37 per share, reflecting ongoing financial challenges. The company’s combined cash and cash equivalents
The company reported a 16.7% year-over-year increase in net revenues for fiscal 2025 but widened its loss per share. Pomdoctor Limited reported FY 2025 net revenues of $57.2 million, up 16.7% from the prior year, driven by higher sales volumes. Gross profit rose 9.6% to $7
Oil prices rise for a second day as buyers maintain control above key moving averages, signaling sustained bullish sentiment. West Texas Intermediate crude trades around $98.20 in Asian hours, extending gains for a second consecutive session. The asset remains within an as
USD/INR rises to 95.95 after India raises gold import duties and energy prices, sparking investor unease over forex reserves. The Indian Rupee (INR) weakened to near 95.95 against the US Dollar (USD) in early trade, approaching its all-time low. The decline follows India’s
Geopolitical uncertainty and stalled US-Iran talks drive safe-haven flows, pushing crude prices and Treasury yields higher. Oil prices climbed as Middle East tensions disrupted shipping in the Strait of Hormuz, with fewer than 10 vessels transiting daily. WTI crude rose 1.
The invitation signals prolonged U.S.-China trade negotiations, with no immediate deals announced after the Beijing summit. U.S. President Donald Trump invited Chinese President Xi Jinping to the White House on September 24, extending trade discussions beyond this week’s B
Streamex Corp. reports a wider-than-expected Q1 GAAP loss, missing analyst estimates by $0.24 per share. Streamex Corp. reported a Q1 GAAP loss of $0.27 per share, missing estimates by $0.24. The company cited ongoing operational challenges as a key factor in the underperf
The closed-end fund reported $6.1 million net investment income and a slight NAV increase to $16.71 per share. Barings Corporate Investors reported first-quarter GAAP net investment income of $0.30 per share, aligning with its financial performance. The Board declared a $0
USD/JPY rallies towards 159-160.50 The USD/JPY has rallied well and could head towards 159-160.50. Strong US Retail Sales have boosted the Dollar Index for a sharp rise beyond 98.60. The Euro has declined below 1.17 as a result.
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