Asian markets are mostly lower on Friday, following the mixed cues from Wall Street, as traders remain cautious amid mixed signals from the U.S.-Iran peace talks after news of Lebanese armed group Hezbollah emphatically rejecting the terms of a U.S.-backed ceasefire between Israel and Lebanon and said it would not withdraw troops from the country, thwarting hopes of a Middle East settlement.
Indian shares are seen opening on a subdued note on Friday ahead of the Reserve Bank of India's monetary policy review later today, with markets expecting measures to boost inflows and support the local currency. The central bank is widely expected to keep interest rates on hold amid inflation challenges...
Thursday's top gainers include Veru, following a Novo Nordisk collaboration; Health Catalyst, following a divestment of its revenue workflow and analytics software business; Absci, ahead of clinical trial readouts; and Alvotech, which is taking another shot at FDA approval for its biosimilars, among others.
Ford Motor Co (F) is recalling almost 420,000 vehicles in the U.S. because of a problem with the seat belts that could be risky in a crash.
Retailer Target Corp. is recalling select Up & Up Baby Wipes, due to potential microbial contamination, according to the U.S. Food and Drug Administration. The recall involves Up & Up FragranceFree Baby Wipes and Up & Up Fresh Cucumber Scented Baby Wipes with various counts and UPC numbers. The impacted wipes were manufactured by a supplier, Sapro Temizlik Urunleri, and sold at Target stores...
Lamb Weston Holdings, Inc. (LW), a supplier of frozen potato products, on Thursday said it plans to close its production facility in Broekhuizenvorst, the Netherlands. The company said the move is part of its broader executional excellence efforts and ongoing implementation of its Focus to Win strategy,...
Alnylam Pharmaceuticals, Inc. (ALNY) announced partnership with Inceptive Nucleics, Inc., an artificial intelligence-driven biotechnology company, in a deal valued at up to approximately $2 billion. The partnership combines Alnylam's expertise in RNA interference (RNAi) therapeutics with Inceptive's...
The Reserve Bank of India left its key policy rates unchanged on Friday, and upgraded its inflation outlook citing higher oil prices and monsoon uncertainty. The Monetary Policy Committee, governed by Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.25 percent. The committee also decided to continue with the neutral stance.
The average of household spending in Japan was down 0.5 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday - coming in at 328,969 yen. That beat forecasts for a decline of 1.5 percent following the 2.9 percent drop in March. On a seasonally adjusted monthly...
Japan will on Friday release April numbers for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to add 0.8 percent on month and fall 1.5 percent on year and sinking 1.3 percent on month and 2.9 percent on year in March. Japan also will see preliminary...
The U.S. House of Representatives has passed with the support of 18 Republican lawmakers a sweeping legislation that includes major Ukraine aid and Russia sanctions package. The Ukraine Support Act authorizes $1.3 billion in security assistance to Ukraine, $8 billion in arms sales, and imposes broad, sweeping new oil and gas sanctions against Russia. The first major Ukraine-assistance package fr
A closely watched UN Security Council election delivered a mix of continuity and change on Wednesday, as Austria, Portugal, Trinidad and Tobago, Zimbabwe - and first-time member Kyrgyzstan, secured seats as non-permanent members of the apex Council. The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms begin
Bangladeshi Foreign Minister Khalilur Rahman has been elected as the President of the UN General Assembly's 81st session. He defeated Andreas Kakouris of Cyprus in a closely contested vote on Tuesday, positioning himself to steer the world body through a pivotal year marked by intensifying global crises, UN reform efforts and major leadership transitions. In a secret-ballot election, Rahman secur
European stocks were mixed in cautious trade on Friday as a global rally in artificial intelligence-related stocks fizzled out and investors kept a wary eye on the latest developments in the Middle East. Hezbollah has rejected a new ceasefire agreement with Israel, and the Israel Defense Forces (IDF)...
Asian stocks fell broadly on Friday, with South Korea and Japan leading losses due to heavy selling in major technology stocks. An AI-driven rally that boosted stocks earlier this week fizzled out after chip giant Broadcom's AI revenue projection fell short of expectations. Lingering uncertainty...
European stocks are seen opening broadly lower on Friday as AI-driven rally that boosted stocks earlier this week fizzled out and the U.S.-Iran-Israel conflict remained unresolved, despite the ceasefire and diplomacy. U.S. stock index futures edged lower ahead of the nonfarm payrolls report later...
Shares of Guidewire Software, Inc. (GWRE) were losing around 14 percent in the overnight trading after the company reported lower profit for the third quarter, mainly attributable to a foreign currency loss, compared to prior year's gains. However, adjusted net income increased with higher revenues....
Indian shares ended a choppy session slightly lower on Friday as an AI-driven rally that boosted stocks earlier in the week fizzled out, Middle East tensions lingered, and the Reserve Bank of India (RBI) reduced its GDP forecast for FY27 after holding its policy rate steady. Disappointing Broadcom...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.
A broadly mixed sentiment prevails in global markets amidst an uncertain geopolitical situation in the Middle East. Anxiety ahead of the payrolls data due from the U.S. on Friday morning as well as fading enthusiasm towards Artificial Intelligence weighed on market sentiment.
President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of 212,000.
The UK construction sector shrank at the fastest pace in six years in May amid shrinking order books and rising economic uncertainty, survey data from S&P Global showed Thursday. The construction Purchasing Managers' Index unexpectedly fell to 38.2 in May from 39.7 in the previous month. The reading was seen at 40.4.
Germany's construction activity continued to contract sharply in May with firms recording a sustained fall in activity alongside soaring input costs, survey data from S&P Global showed Thursday. The construction Purchasing Managers' Index posted 42.4 in May, up from April's 13-month low of 42.1.
Retail sales from the euro area and construction purchasing managers' survey results from Germany are the top economic news due on Thursday. At 2.30 am ET, consumer price data is due from Switzerland. Inflation is forecast to accelerate to 0.8 percent in May from 0.6 percent in April.
According to new estimates released by the World Health Organization (WHO), children under the age of five are almost three times more likely to fall sick from unsafe food than older children and adults. The Organization reached at this conclusion after studying data from 194 countries between 2000...
New research suggests that weight-loss drugs such as Ozempic and Wegovy may help some patients avoid knee replacement surgery. Earlier studies had shown that GLP-1 medications can reduce pain caused by knee osteoarthritis; however, it was not known whether they could also lower the chances of needing...
In recognition of Brain Health Awareness Month, free brain health assessments are being offered throughout June. The invitation is designed to encourage adults, particularly those aged 55 and older, to take proactive steps in understanding and maintaining cognitive wellness.
The U.S. Supreme Court decided 8-1 on Thursday to back the Trump administration, affirming the Federal Communications Commission's (FCC) power to enforce data privacy laws against telecom companies.
SpaceX is gearing up for one of the biggest public offerings in history, eyeing an initial price of $135 per share, which puts its valuation at around $1.77 trillion, ahead of its Nasdaq launch set for June 12.
Elon Musk's Space Exploration Technologies Corp. or SpaceX aims to price its initial public offering or IPO of around 556 million shares at $135.00 per share, with a view to raising around $75 billion, making it the largest stock market debut in history. With the planned IPO, spacecraft maker SpaceX's market valuation is estimated to reach $1.77 trillion, beating that of its sister concern Tesla Inc.
Meta is scaling back its plans to keep tabs on employees' computer activity following some serious pushback from within the company regarding a program aimed at gathering workplace data for AI training.