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News
Enflame raises $900m ⋆ Electronics Weekly
2+ hour, 18+ min ago (106+ words) Shanghai Enflame Technology has raised $900 million in an IPO on the Shanghai exchange. The company expects a $128 million loss for 2026 YTD. The company, founded in 2018 by two AMD staffers, is 20% owned by TenCent which is also a major customer accounting…...
BOJ executive saw need for vigilance to 'non-linear' inflation spikes
2+ hour, 19+ min ago (372+ words) TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Pennsylvania Democrats Turn on John Fetterman as 2028 Senate Rivals Emerge
20+ hour, 57+ min ago (1045+ words) A single appearance has exposed a widening rift, while potential successors quietly build alliances for a Senate race that may still be years away. Deluzio is a U.S. Navy veteran and the father of four. He is currently running for a…...
Ares names James Garforth principal for Asia direct lending
2+ hour, 50+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
Only four vessels exit Hormuz over the weekend
3+ hour, 26+ min ago (94+ words) Middle East Eye Only four vessels exit Hormuz over the weekend Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary shiptracking data showed on Monday, well below a 10-day average…...
BOJ executive saw need for vigilance to 'non-linear' inflation spikes - AOL
2+ hour, 19+ min ago (372+ words) TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Strait of Hormuz Traffic Dips Below Average
4+ hour, 49+ min ago (139+ words) Devdiscourse Strait of Hormuz Traffic Dips Below Average The Strait of Hormuz saw a decline in vessel transits, with only four vessels exiting and ten entering over the weekend, falling below the 10-day average of 14 transits daily. This figure excludes…...
Yen up 4% as Fed decision piles pressure on BOJ
2+ hour, 44+ min ago (28+ words) Yen rises about 4% to near ¥153.5 as markets price an 86% chance of a Fed hike Wednesday, putting pressure on the BOJ ahead of its Friday meeting....
EU market production falls in June as construction and services weaken
4+ hour ago (233+ words) EU market production fell in June, with construction and services driving a monthly decline despite a modest increase in trade, according to figures released by Eurostat. Compared with May, total market production decreased by 0.1 per cent in the EU and…...