
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
1970-01-01 08:00

Milk Powder Price Sinks to Three-Year Low as Dairy Demand Wanes
Whole milk powder auction prices have slumped to a three-year low amid signs that demand for dairy products
1970-01-01 08:00

Mexico’s Top Oil-Export Terminal Shut as Summer Demand Jumps
Petroleos Mexicanos shut down the country’s largest oil-exporting terminal because of a leak, adding to a string of
1970-01-01 08:00

AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc., the second-largest maker of personal computer processors, gained in late trading after the company
1970-01-01 08:00

Glen Point’s Phillips Says US Trying to Criminalize FX Trading
Glen Point Capital co-founder Neil Phillips urged a federal judge to throw out charges that he tried to
1970-01-01 08:00

Estée Lauder Bulls Flee, Citing China Recovery Concerns
A slew of Wall Street analysts have downgraded Estée Lauder Cos. ahead of the beauty company’s quarterly earnings
1970-01-01 08:00

Starbucks Revenue Misses Estimates as Its US Growth Slips
Starbucks Corp.’s quarterly sales fell short of analysts’ estimates, a sign that momentum may be slowing for the
1970-01-01 08:00

Is There a Valorant Night Market in August 2023?
There will be a Valorant Night Market in August 2023, likely around Aug. 9, that will offer players randomized discounted gun skins.
1970-01-01 08:00

NYC’s Migrant Crisis Reaches Breaking Point in Midtown Manhattan
The migrant crisis is spilling out onto the streets of New York, with hundreds of people sleeping and
1970-01-01 08:00

Dan Loeb’s Third Point Laments Missing ‘Obvious’ Tech Rally, Pivots to AI
Third Point LLC’s flagship fund underperformed the broader US market in the second quarter, gaining just 1.1% after
1970-01-01 08:00

GameStop to Drop Crypto Wallets, Cites ‘Regulatory Uncertainty’
GameStop Corp. said it’s ending its support for its cryptocurrency wallets, citing “regulatory uncertainty.” The company will remove
1970-01-01 08:00

Meme-Darling Nikola Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s
1970-01-01 08:00