surge

By Gavin Maguire LITTLETON, Colorado (Reuters) – North Africa’s largest economy and second-largest producer has stepped up the production and export of several highly energy-intensive commodities as part of efforts to accelerate the growth of its industrial sector.  Egypt’s combined exports of cement, fertilizers and chemicals doubled between 2022 and…

By Florence Tan and Siyi Liu SINGAPORE (Reuters) – Supertanker freight rates jumped after the U.S. expanded sanctions on Russian oil trade and sent traders rushing to book ships to pick up supply from other countries to go to China and India, shipbrokers and traders said. Chinese and Indian refiners…

Investing.com– Asian stocks were mixed on Tuesday, with Chinese stocks jumping on reports of a gradual U.S. tariff increase under Donald Trump, while sharp declines in Japanese shares pressured other regional equities. Asian shares had fallen sharply in the previous session as investors reassessed the likelihood of U.S. interest rate…

Investing.com — Shares of Blueprint Medicines (NASDAQ:) Corporation (NASDAQ:BPMC) climbed 17% as the company outlined its growth strategy for 2025, highlighting the potential of its systemic mastocytosis (SM) franchise and positive trial data for its new treatment, BLU-808. Blueprint Medicines, based in Cambridge, Massachusetts, updated its peak revenue estimate for…

Investing.com — The Federal National Mortgage Association (OTC:), also known as Fannie Mae , has seen a 227% increase in its share value since the US election two months ago. This surge is largely attributed to Bill Ackman, founder of Pershing Square Capital Management, who has been actively promoting the…

By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks edged up on Monday ahead of a week crammed with U.S. economic data that will be pivotal in setting expectations for interest rates, although heightened political uncertainty kept any new-year enthusiasm in check. In China, the yuan hit a 16-month…

Investing.com–US stocks rose Friday, looking to close the first week of the new year on a positive note ahead of data that should provide more insights on the health of the largest economy in the world. At 13:20 ET (18:20 GMT), the gained 0.7%, the index rose 1.1%, and the index…

In Wednesday’s trading session, stocks across various market cap ranges have experienced significant movements, with Nvidia Corp (NASDAQ:) and Jabil Circuit (NYSE:) leading the pack among mega-cap and large-cap categories, respectively. These intra-day stock movements reflect the latest news and market dynamics affecting investor sentiment and stock valuations. Mega-Cap Movers…

By Ankur Banerjee SINGAPORE (Reuters) -Shares of Kioxia soared 14% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 890 billion yen ($5.80 billion) and highlighting strong investor demand for the third biggest IPO in Japan this year. Kioxia, a major manufacturer of memory chips, raised…

By Tom Westbrook SINGAPORE (Reuters) -Stocks stalled while the dollar drifted higher on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year’s final salvo of central bank meetings, while news of a potential Nissan-Honda tie-up lifted car stocks. were flat in the Asia session after…