Finance

Asia stocks buoyed by AI rush, gold at fresh peaks

Asia stocks buoyed by AI rush, gold at fresh peaks

By Wayne Cole SYDNEY (Reuters) -Asian share markets looked to build on recent hefty gains on Tuesday as optimism around all things AI sucked money into the tech sector, while wagers on several mor...

Read More
Coinbase Extends $100 Million Bitcoin-Backed Credit to Miner CleanSpark

Coinbase Extends $100 Million Bitcoin-Backed Credit to Miner CleanSpark

Bitcoin miner CleanSpark said Monday it has secured a new $100 million credit line from Coinbase Prime, extending its existing financing arrangements with the exchange. The credit is backed by the...

Read More
CFPB ends monitoring of Apple, U.S. Bank years ahead of schedule

CFPB ends monitoring of Apple, U.S. Bank years ahead of schedule

By Christian Martinez (Reuters) -The Consumer Financial Protection Bureau has scraped settlements with Apple and U.S. Bank that were implemented under former President Joe Biden’s administra...

Read More
Celltrion unit pays $330 million for Eli Lilly production facility, filing shows

Celltrion unit pays $330 million for Eli Lilly production facility, filing shows

SEOUL (Reuters) -Celltrion Inc. said in a regulatory filing in South Korea on Tuesday its U.S. subsidiary has acquired Imclone Systems LLC from Eli Lilly in the United States for $330 million. In ...

Read More
Australia’s Myer Holdings swings to annual loss, shares tumble

Australia’s Myer Holdings swings to annual loss, shares tumble

(Reuters) -Australia’s Myer Holdings on Tuesday swung to a loss for fiscal 2025 after incurring a one-off, non-cash impairment for Myer Apparel Brands goodwill. Shares of the company dropped...

Read More