The first commercial shipment of iron ore from a massive new mine in Guinea is on its way to China, marking the start of a major shift in global supply of the steelmaking material.
The crash Tuesday in the crypto miner American Bitcoin Corp. was instantaneous. At 9:31 a.m. on Wall Street, just one minute after trading started, its shares were down 33%. Five minutes later, losses had ballooned to 42% and then, by 9:56 a.m., to . ...
Ayvens SA, a French fleet managing and car leasing company, is marketing a £200m ($264m) dual-tranche bullet loan, according to a person familiar with the matter.
Several US soybean cargoes are being prepared for China, according to a ship lineup seen by Bloomberg, after a trade pact opened the way for shipments to the Asian nation.
Oil held a decline as traders weighed the outlook for an end to the war in Ukraine following high-level talks between the US and Russia, while attacks on Moscow's energy assets continued.
Thailand's consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year.
Asian stocks traded within tight ranges on Wednesday, mirroring similar moves on Wall Street as investors remained cautious ahead of a slew of US economic data.
Traders are piling into bets that a new Federal Reserve chair and the release of delayed economic data this month will support Donald Trump's calls for lower interest rates.
Strategy Inc.'s new $1.4 billion reserve gives the Bitcoin accumulator flexibility to meet short-term obligations such as dividend and interest payments during market turbulence, according to Chief Executive Officer Phong Le.
Bitcoin surged back above $90,000 on Tuesday, recovering from a bruising selloff that caught Wall Street off guard and erased nearly $1 billion in fresh leveraged bets. The rebound offered a brief respite in a months-long rout, but traders remain ...