International Money Express jumps 35% after New York approves Western Union deal
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Insurance software provider Accelerant to be taken private for $4.4B
Accelerant Holdings Inc., a provider of software for the specialty insurance market, has agreed to be taken private by Thoma Bravo. The companies announced the $4.4 billion transaction today. It values Accelerant at $20.25 per share, a 49% premium to its last unaffected stock price.
Equities suffer marginal losses on profit-taking
KARACHI: Investor sentiments on the Pakistan Stock Exchange (PSX) remained choppy on Thursday ahead of the long weekend due to the Independence Day holiday, resulting in the benchmark index closing in the red amid late profit-taking.
Ringgit opens higher ahead of Q2 GDP announcement
KUALA LUMPUR: The ringgit opened higher against major and Asean currencies ahead of Malaysia's gross domestic product (GDP) announcement for the second quarter of 2026 (Q2 2026) today, an economist said.
Euro gathers strength above 1.1500 as cooling inflation data weighs on US Dollar
The EUR/USD pair gains ground to near 1.1535 during the early Asian session on Friday. The US Dollar (USD) softens against the Euro (EUR) following a softer-than-expected US inflation report. The US July Retail Sales data will take center stage later on Friday.
DeepSeek raises peak prices of flagship AI models to more than four times current levels ahead of IPO
Increase suggests firm is placing more focus on profitability as it eyes a stock-market debut
- DeepSeek quadruples peak-hour pricing for V4 models to $1.32 per million tokens.
- Off-peak pricing remains discounted at $0.66 per million tokens.
- Company cites resource allocation and developer incentives as pricing rationale.
