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News
Treasury yields head toward 5% as bond rout stokes fresh fears for US economy
1+ hour ago (795+ words) The bond selloff has driven a key Treasury yield to the verge of 5%, worsening angst from Wall Street to Washington about the higher borrowing costs hitting the US economy. After surging oil prices threatened to deliver a fresh inflation shock…...
Anthropic???s AI warning seen as temporary setback for chip stocks
1+ hour, 11+ min ago (443+ words) AI executives’ calls to slow development of the technology are likely to weigh on chipmaker and supply-chain stocks in the near term, but will probably have limited long-term impact as spending on computing infrastructure remains strong, market strategists say. Shares…...
AI chiefs back slower development. What it could mean for chip stocks on Monday?
16+ hour, 37+ min ago (487+ words) AI executives’ calls to slow development of the technology are likely to weigh on chipmaker and supply-chain stocks in the near term, but will probably have limited long-term impact as spending on computing infrastructure remains strong, market watchers say. Semiconductor…...
Anthropic picks Nasdaq for potential IPO, targets October listing: Report
9+ hour, 20+ min ago (518+ words) US tech startup Anthropic has selected Nasdaq for its potential initial public offering (IPO), Business Insider reported on Sunday, citing a person familiar with the company’s plans. The company, which has been targeting an October listing, has given Nasdaq another…...
Ahead of Fed meeting, Donald Trump says US should have world's lowest interest rate
9+ hour, 11+ min ago (313+ words) No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy meeting. Speaking to reporters at the Irish Open golf tournament, Trump said he did not know whether Fed…...
SML Ltd weighing IPO within 2 to 3 years, eyes new chemical entity pipeline
18+ hour, 37+ min ago (705+ words) Agri-inputs maker SML Ltd, formerly known as Sulphur India Limited, is evaluating a stock market listing within the next two to three years as it looks to fund the development of new chemical entities (NCEs), Managing Director Bimal Shah said....
South-based A-One Steels India to open Rs 405-crore IPO on September 24
15+ hour, 33+ min ago (348+ words) South-based steel producer A-One Steels India has tapped the capital markets to raise Rs 405 crore through an initial public offering (IPO). The IPO will open for public subscription on September 24 and close on September 28. The one-day anchor book will open…...
India to get 1.64 million-tonne EU steel quota; 6.95 lakh tonnes under FTA
16+ hour, 55+ min ago (591+ words) India will get country-specific tariff-rate quotas (TRQs) totalling 1.64 million tonnes annually for exporting steel products to the European Union, of which 6,94,853 tonnes will be under the free trade agreement, according to the draft text of the pact released by the…...
Manipal Hospitals scouts for acquisitions in Andhra, Keralam, Delhi-NCR; bets on AI-led healthcare
18+ hour, 16+ min ago (482+ words) Manipal Health Enterprises Ltd is setting its sights on expansion in various states, including Telangana, Keralam, and Delhi-NCR, while pivoting towards a "physical plus digital" healthcare model driven by Artificial Intelligence (AI). The healthcare major is actively evaluating strategic opportunities…...
Why it???s getting harder for Tata Sons to resist an IPO
19+ hour, 52+ min ago (937+ words) India’s central bank is said to have rejected Tata Sons Pvt.’s plea to get a waiver from a regulatory rule that requires it go for a public listing. The entity that sits at the heart of the $185 billion Tata…...