Oil rises on halted pipeline as Goldman flags escalation of war
Brent for November settlement rose 1.3% to $107.09 a barrel at 6:57 a.m. in London.
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KOSPI falls as US 10-year yield tops 5%, oil prices rise
Korean stocks closed lower Tuesday as renewed concerns over rising U.S. Treasury yields and crude oil prices outweighed bargain-hunting in semiconductor shares, while foreign investors extended their selling streak to a fifth session. The benchmark KOSPI closed at 6,627.26, down 0.85 percent from the previous session.
5.03%: US 10-year Treasury Yields hit fresh highs in over 19 years
United States (US) 10-year Treasury Yields have hit a fresh high of 5.03%, the level never seen in a little over 19 years. Higher yields on US bonds indicate rising interest obligations for the government, which generally leads to significant bond-buying operations by the administration.
Dangote says refinery IPO offers generational benefits
President and Chief Executive, Dangote Industries Limited, Alhaji Aliko Dangote, says the N2.15 trillion initial public offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) will…
3 Top Stocks Poised to Capitalize on the AI Infrastructure Boom
Key PointsCipher Digital continues to build its multigigawatt pipelines as AI demand surges.
Shanghai Electric revenue grows 16 6 percent in H1 2026
Shanghai Electric reported 16 6 percent revenue growth for the first half of 2026 as new orders reached 100 39 billion yuan across energy and industrial technology divisions
- Shanghai Electric's revenue grew 16.6% YoY to CNY 63.332 billion in H1 2026
- Energy Equipment segment increased 21.4% to CNY 36.558 billion
- Integrated Services segment saw the largest growth at 31.5%
The 2027 Social Security COLA Forecast Just Increased Slightly. Here's Why You Don't Want it To Go Up Even More.
A much larger raise isn't necessarily a good thing.