Genetic medicines company Metagenomi Technologies [MGX.O] said on Thursday it is aiming for a valuation of $563 million in its U.S. initial public offering (IPO), a number that is at the low end of its initial target range.
The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank's ultra-easy policy.
Indian shares opened lower on Friday, dragged by financials and tracking Asian peers, after U.S. economic data added to concerns of a potential delay in the onset of Federal Reserve rate cuts.
Oil prices were little changed on Friday, staying on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas.
(RTTNews) - Biocon Biologics Ltd announced a five-year partnership with Sandoz AG which provides Sandoz the exclusive rights to promote, sell and distribute biosimilar Trastuzumab and biosimilar Bevacizumab in Australia. The agreement is effective from January 1, 2024 and commerc
A fire broke out at the Ilsky oil refinery in Russia's southern Krasnodar region, which was put out within one hour, regional authorities said in a statement without giving any further details on an impact, if any, on the refinery's output.
Japanese refiner Idemitsu Kosan Co has shut its crude distillation unit (CDU) and some derivative units at its Aichi refinery for repairs following a technical issue, three sources with knowledge of the matter said on Thursday.
Japan's Nikkei share average hit its highest level in 34 years on Friday, buoyed by sharp gains in SoftBank Group after it returned to a profit and as shares of its chip design unit Arm surged.
(RTTNews) - Asian stock markets are trading mixed on Friday, following the slightly positive cues from Wall Street overnight, with most markets in the region are fully or partially closed for Lunar New Year holidays. Japan's Nikkei is trading at fresh 34-year highs. However, unce
Nissan Motor saw its shares plunge as much as 11.7% on Friday in what could become their biggest selloff since 2001, after the automaker trimmed its sales volume forecast for this financial year and amid worries about its business in China.
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Russian President Vladimir Putin said in an interview aired on Thursday that it might be possible to free Wall Street Journal reporter Evan Gershkovich, who is awaiting trial on spying charges, in exchange for a Russian prisoner.
Shares of Lightspeed Commerce (NYSE: LSPD) are down 24.6% as of 3:45 p.m. ET Thursday after cautious forward guidance overshadowed an otherwise strong quarterly report from the Canada-based, point-of-sale and e-commerce software company.
Australian shares were subdued in early trade on Friday, as the losses in commodities stocks were offset by the gains in healthcare and real estate stocks, while building materials maker Boral hit a record high on strong earnings.
Pakistan's vote count following a general election was hit by unusual delays on Friday, possibly due to a government decision to suspend mobile services, with no results on national parliament seats announced even 12 hours after polls closed.
(RTTNews) - The Singapore stock market headed south again on Thursday, one day after ending the two-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Straits Times Index now sits just above the 3,140-point plateau although it may inch higher again on
Barclays' CEO C.S. Venkatakrishnan is under pressure to deliver a plan this month to win over restless shareholders clamouring for a streamlined business model and higher, more sustainable returns for a fraction of the risk.