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Reuters - 11 minutes ago

Tencent-backed video game 'Black Myth: Wukong' hits record player numbers on debut

Tencent-backed video game 'Black Myth: Wukong' hits record player numbers on debut BEIJING, Aug 20 (Reuters) - A new video game title launched on Tuesday by a Tencent-backed 0700.HK startup has quickly become the most-played game on a major online platform, highlighting growing interest in Chinese-developed titles. "Black Myth: Wukong," based on the Chinese mythological figure and classic novel "Journey to the West," topped Steam's most-played games chart with 1.4 million concurrent players hour
Reuters - 41 minutes ago

Kenya's top court suspends judgment declaring 2023 finance law unconstitutional

Reuters - 42 minutes ago

Euro zone yields edge lower, investors await central bankers' meeting

Reuters - 42 minutes ago

Swedish c.bank lowers key interest rate, sees more cuts this year

Reuters - 43 minutes ago

Turkey transfers treasury-held shares of 12 companies to wealth fund, listed shares surged

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Technical Analysis – EURJPY’s rebound falters ahead of 200-SMA

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Market Comment – Dollar under pressure ahead of Jackson Hole Symposium

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Technical Analysis – GBPUSD awaits strong resistance near 1-year high

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Technical Analysis – BTCUSD completes death cross

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XM Research - 18 hours ago

Technical Analysis – AUDUSD retains positive mood

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Could eurozone PMI surveys cement the September ECB rate cut? – Preview  

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Technical Analysis – Gold surges to fresh record high

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Reuters - 5 minutes ago

India's DroneAcharya rises on deal to re-sell, make radar products

BUZZ-India's DroneAcharya rises on deal to re-sell, make radar products ** Shares of DroneAcharya Aerial Innovations DRON.BO rose as much as 4.2%, last up 2.8% at 133 rupees ** Drone-maker signed a deal to become re-seller of SISIR Radar products in Southeast Asia and Africa and to jointly develop radar-based products ** Stock fell in three straigh
Reuters - 6 minutes ago

Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut

FOREX-Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut Recasts lead, adds comments and background in paragraphs 3-6, 8-9 and 19 By Ankur Banerjee and Stefano Rebaudo Aug 20 (Reuters) - The dollar wobbled near a seven-month low on Tuesday on bets the U.S. central bank will start cutting interest rates from next month, with traders bracing for comments from Federal Reserve Chair Jerome Powell on Friday.
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Reuters - 9 minutes ago

India's Hindustan Zinc gains after nearly doubling dividend

BUZZ-India's Hindustan Zinc gains after nearly doubling dividend ** Shares of Hindustan Zinc HZNC.NS climb 3.4% to 512.60 rupees, set to snap four-session losing streak ** The zinc producer nearly doubles dividend to 19 rupees/share, totaling 80 bln rupees ($955.2 million) ** Parent co Vedanta Ltd VDAN.NS , expected to be main benefactor of the div
Reuters - 10 minutes ago

Spot prices fall sharply on more renewables, French nuclear supply

EUROPE POWER-Spot prices fall sharply on more renewables, French nuclear supply FRANKFURT, Aug 20 (Reuters) - European prompt power prices fell sharply on Tuesday as France's nuclear reactor fleet saw a six percentage point increase in its capacity availability and on expectations of higher wind and solar power generation from the region. "Residual load is lower in Germany on a stronger renewable supply," said LSEG analyst Marcus Eriksson, describing the main factor in a bearish environment for
Reuters - 10 minutes ago

China's July fuel oil imports fall for third straight month

China's July fuel oil imports fall for third straight month SINGAPORE, Aug 20 (Reuters) - China's fuel oil imports fell for a third consecutive month in July, customs data showed on Tuesday. July imports totalled 1.38 million metric tons (about 282,000 barrels per day), 8% lower than in June and 9% down from a year earlier, according to General Administration of Customs data.
Reuters - 11 minutes ago

Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Aegean, Ryanair and TAROM Aug 20 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES The Greek airline cancelled all flights to and from Beirut, Amman and Tel Aviv until Aug.
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Reuters - 11 minutes ago

Tencent-backed video game 'Black Myth: Wukong' hits record player numbers on debut

Tencent-backed video game 'Black Myth: Wukong' hits record player numbers on debut BEIJING, Aug 20 (Reuters) - A new video game title launched on Tuesday by a Tencent-backed 0700.HK startup has quickly become the most-played game on a major online platform, highlighting growing interest in Chinese-developed titles. "Black Myth: Wukong," based on the Chinese mythological figure and classic novel "Journey to the West," topped Steam's most-played games chart with 1.4 million concurrent players hour
Reuters - 12 minutes ago

PETRONAS Says Co, ADNOC, Storegga To Collab On Offshore Carbon Capture And Storage In Malaysia

BRIEF-PETRONAS Says Co, ADNOC, Storegga To Collab On Offshore Carbon Capture And Storage In Malaysia Aug 20 (Reuters) - Petroliam Nasional Bhd IPO-PETO.KL : PETRONAS, ADNOC AND STOREGGA TO COLLABORATE ON OFFSHORE CARBON CAPTURE AND STORAGE IN MALAYSIA AGREEMENT IS TARGETING AT LEAST 5 MILLION TONNES PER ANNUM OF CO2 CAPTURE AND STORAGE CAPACITY BY
Reuters - 15 minutes ago

Sky to launch broadband services on CityFibre network; BT shares fall

Sky to launch broadband services on CityFibre network; BT shares fall LONDON, Aug 20 (Reuters) - British media company Sky will launch its broadband services on internet provider CityFibre's network, the companies said on Tuesday, a development that sent shares of rival BT BT.L down by nearly 5%. Sky's full fibre broadband will be rolled out to customers on the CityFibre network next year, CityFibre said in a statement.
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Reuters - 16 minutes ago

ADNOC, PETRONAS And Storegga To Collaborate On Offshore Carbon Capture And Storage In Malaysia

BRIEF-ADNOC, PETRONAS And Storegga To Collaborate On Offshore Carbon Capture And Storage In Malaysia Aug 20 (Reuters) - ABU DHABI NATIONAL OIL CO [RIC:RIC:ADNOC.UL]: ADNOC- ADNOC, PETRONAS AND STOREGGA TO COLLABORATE ON OFFSHORE CARBON CAPTURE AND STORAGE IN MALAYSIA GLOBAL LEADERS IN CARBON CAPTURE AND STORAGE SIGN JOINT STUDY AND DEVELOPMENT AGRE
Reuters - 20 minutes ago

What happens ahead of Jackson Hole is key for FX after

BUZZ-COMMENT-What happens ahead of Jackson Hole is key for FX after Aug 19 (Reuters) - The dollar has been broadly sold ahead of the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming on Friday, leaving a growing number of traders short , and heightening the chance of a correction should the U.S. central bank governor not concur with raised expectations for a U.S.
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Reuters - 24 minutes ago

Israeli military retrieves bodies of six hostages held in Gaza

Israeli military retrieves bodies of six hostages held in Gaza JERUSALEM, Aug 20 (Reuters) - Israel retrieved the bodies of six hostages from the Khan Younis area in southern Gaza overnight, according to statements from the military and the prime minister's office on Tuesday. The families of Yagev Buchshtab, Alexander Dancyg, Avraham Munder, Yoram Metzger, Nadav Popplewell, and Chaim Perry have been informed, the statements added.
Reuters - 38 minutes ago

listed i3 Energy soars on possible takeover offer

BUZZ-UK-listed i3 Energy soars on possible takeover offer ** Shares of UK-based oil and gas company i3 Energy I3E.L jump 29.8% at 12.5p - a near 4-month high ** Co in advanced talks with Canada's Gran Tierra Energy GTE.TO about a possible takeover offer ** GTE closed 2% lower on Monday, snapping a seven-session rally ** Under the deal terms, each i3 energy shareholder will get 10.43 pence per share ** Gran Tierra has until Sept.
Reuters - 39 minutes ago

Japan offers to buy 81,442 tons of food wheat via tender

Japan offers to buy 81,442 tons of food wheat via tender TOKYO, Aug 20 (Reuters) - Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 81,442 metric tons of food-quality wheat from the United States and Canada in a regular tender that will close late on Thursday. Japan, the world's sixth-biggest wheat importer, keeps a tight grip on imports of the country's second most important staple after rice and buys the majority of the grain for milling via tenders t
Reuters - 41 minutes ago

Kenya's top court suspends judgment declaring 2023 finance law unconstitutional

UPDATE 1-Kenya's top court suspends judgment declaring 2023 finance law unconstitutional Adds context and quote from ruling; paragraphs 3-4 NAIROBI, Aug 20 (Reuters) - Kenya's top court on Tuesday suspended a lower court's judgment issued late last month that the 2023 finance law was unconstitutional. The finance bills, which are presented to parliament at the start of every financial year, are the main vehicle for the government to set out its revenue-raising measures including tax hikes and th
Reuters - 41 minutes ago

SalMar falls as operating profit lags estimate, cuts Iceland harvest outlook

BUZZ-SalMar falls as operating profit lags estimate, cuts Iceland harvest outlook ** Shares in SalMar SALM.OL fall 4% after the Norwegian salmon farmer posted its Q2 results ** SALM's EBIT below market expectations, co reduces harvest guidance for Icelandic segment ** Barclays says 11% EBIT miss was mainly driven by lower-than-expected prices in No
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Reuters - 42 minutes ago

Euro zone yields edge lower, investors await central bankers' meeting

Euro zone yields edge lower, investors await central bankers' meeting LONDON, Aug 20 (Reuters) - Euro zone bond yields inched lower on Tuesday, maintaining the calm that has washed over bond markets following volatility earlier this month, with investors eyeing a meeting of central bankers in Jackson Hole later this week. Germany's 10-year bond yield DE10YT=RR , the benchmark for the euro zone, was a fraction lower at 2.25%, having been largely steady for the past few sessions.
Reuters - 42 minutes ago

Swedish c.bank lowers key interest rate, sees more cuts this year

UPDATE 2-Swedish c.bank lowers key interest rate, sees more cuts this year Adds analyst comment in paragraph 6 STOCKHOLM, Aug 20 (Reuters) - Sweden's central bank cut its key interest rate to 3.50% from 3.75% on Tuesday, as expected, and said it could speed up policy easing if price pressures did not pick up. The Riksbank was one of the first central banks to cut rates in the current policy easing cycle, lowering its key rate for the first time in around eight years in May.
Reuters - 43 minutes ago

IndusInd Bank, IT stocks lead gains in Indian equities

BUZZ-IndusInd Bank, IT stocks lead gains in Indian equities ** India's benchmark indexes Nifty 50 .NSEI and Sensex .BSESN rise about 0.6% each, led by financials and information technology stocks ** Nine of 13 major sectors rise; small- .NIFSMCP100 and mid-caps .NIFMDCP100 gain 0.25% and 0.5%, respectively ** "We remain constructive on domestic equities, boosted by likely rate cuts in the U.S., which are on the horizon," said Anil Rego, fund manager at Right Horizons ** Private lender IndusInd B
Reuters - 43 minutes ago

Turkey transfers treasury-held shares of 12 companies to wealth fund, listed shares surged

UPDATE 1-Turkey transfers treasury-held shares of 12 companies to wealth fund, listed shares surged Adds share move for listed companies ISTANBUL, Aug 20 (Reuters) - Turkey has transferred the shares of 12 companies held by its treasury, including three listed ones, to the Turkey Wealth Fund, according to a presidential decree published in the country's Official Gazette on Tuesday.

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