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News
Enflame raises $900m ⋆ Electronics Weekly
1+ hour, 32+ min ago (106+ words) Shanghai Enflame Technology has raised $900 million in an IPO on the Shanghai exchange. The company expects a $128 million loss for 2026 YTD. The company, founded in 2018 by two AMD staffers, is 20% owned by TenCent which is also a major customer accounting…...
BOJ executive saw need for vigilance to 'non-linear' inflation spikes
1+ hour, 32+ min ago (372+ words) TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Ares names James Garforth principal for Asia direct lending
2+ hour, 3+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
Only four vessels exit Hormuz over the weekend
2+ hour, 40+ min ago (94+ words) Middle East Eye Only four vessels exit Hormuz over the weekend Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary shiptracking data showed on Monday, well below a 10-day average…...
BOJ executive saw need for vigilance to 'non-linear' inflation spikes - AOL
1+ hour, 33+ min ago (372+ words) TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Strait of Hormuz Traffic Dips Below Average
4+ hour, 2+ min ago (139+ words) Devdiscourse Strait of Hormuz Traffic Dips Below Average The Strait of Hormuz saw a decline in vessel transits, with only four vessels exiting and ten entering over the weekend, falling below the 10-day average of 14 transits daily. This figure excludes…...
Yen up 4% as Fed decision piles pressure on BOJ
1+ hour, 58+ min ago (28+ words) Yen rises about 4% to near ¥153.5 as markets price an 86% chance of a Fed hike Wednesday, putting pressure on the BOJ ahead of its Friday meeting....
Dollar grinds higher, yen near 7-month high ahead of Fed, BOJ meetings
3+ hour, 4+ min ago (664+ words) SINGAPORE, Sept 14 (Reuters) - The dollar firmed on Monday, with the yen wobbling near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan later this week, while rising oil prices due to the…...
Goldman Sachs, JP Morgan expect September Fed hike as inflation lingers
2+ hour, 21+ min ago (366+ words) Sept 14 (Reuters) - Goldman Sachs and J.P. Morgan now expect the U.S. Federal Reserve to raise interest rates this week after a string of stronger-than-expected inflation readings challenged hopes that price pressures would continue to ease without additional policy tightening. The Wall Street…...