DSEAF shareholders will receive two shares for each one held as the company seeks to adjust its stock price. Deep Sea Minerals (DSEAF) announced a 2-for-1 forward stock split of its common shares, pending approval from the Canadian Securities Exchange. The move aims to inc
May flash Services PMI at 47.9 signals contraction, missing forecasts of 51.8 and weighing on GBP. The UK’s flash Services PMI dropped to 47.9 in May, below the 50 threshold that indicates contraction. The reading missed expectations of 51.8 and marked the first decline si
Deutsche Bank analysts note the tech-led equity rebound extended into Asia, with the KOSPI and Nikkei sharply higher after Nvidia’s results drew a muted share reaction despite 85% yoy sales growth and stronger-than-expected guidance. S&P 500 and Nasdaq futures are flat aft
UK services PMI at 47.9, below expectations The UK's flash services PMI came in at 47.9, missing the expected 51.7. This decline follows a prior reading of 52.7. The manufacturing PMI fared slightly better, coming in at 53.7, just above the expected 53.0, and unchange
The US Dollar (USD) gives back a majority of its early gains as the United States (US) Treasury Yields correct sharply due to growing optimism that the United States (US) and Iran will reach a deal soon. At the press time, the US Dollar Index (DXY), which tracks the Greenb
ING commodities strategists Warren Patterson and Ewa Manthey report a notable decline in global Aluminium production in April, driven largely by sharp cuts in Gulf output linked to the Iran conflict. While China’s production dipped month-on-month, it remains slightly highe
The free trade agreement between the UK and Gulf Cooperation Council aims to boost bilateral trade and investment worth trillions. The UK and Gulf Cooperation Council signed a free trade agreement valued at $2 trillion, Bahrain’s industry minister said. The deal is expecte
The biotech firm plans to raise €75M through a global offering of ADSs and ordinary shares amid market conditions. Nanobiotix (NBTX) disclosed plans to raise approximately $87M (€75M) via a follow-on offering, including American Depositary Shares (ADSs) in the U.S. and ord
US equity futures retreat as geopolitical risks and hawkish Federal Reserve signals weigh on investor sentiment ahead of market open. Dow Jones futures fell 0.22% to 49,945 in European trading hours, pressured by uncertainty over US-Iran peace talks and signals of prolonge
Dow Jones futures fall 0.22% below 50,000 during European hours ahead of the United States (US) regular opening on Thursday. Meanwhile, the S&P 500 decline 0.27% to near 7,430, and the Nasdaq 100 futures plunge 0.42% toward 29,250 US stock futures move lower as trad
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