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DUBAI (Reuters) -Saudi Arabia’s stocks posted their biggest daily rise since 2020 on Wednesday, following a report that the markets regulator may ease rules capping foreign ownership of listed companies.  The Saudi benchmark index surged more than 5% to its highest since May, after Bloomberg News reported that regulators may soon ease the 49% cap …

Saudi shares jump by most in 5 years on report of easing of foreign ownership rules Read More »

(Reuters) -U.S.-listed shares of Lithium Americas surged more than 70% in premarket trading on Wednesday after a report said the Trump administration was seeking an equity stake of up to 10% in the miner, the latest sign of involvement in industries the government sees as critical to national security. Reuters reported late on Tuesday, citing …

Lithium Americas soars on report Trump administration seeking equity stake Read More »

By Samuel Indyk LONDON (Reuters) -What matters in U.S. and global markets today By Samuel Indyk, Equities Reporter, Finance and Markets Breaking News, EMEA Wall Street snapped a three-day streak of record closes as Federal Reserve Chair Jerome Powell struck a measured tone on future rate cuts, balancing inflation risks with a weakening labor market. …

Morning Bid: A delicate balancing act Read More »

By Suzanne McGee and Hannah Lang (Reuters) -Asset managers are lining up to launch cryptocurrency exchange-traded funds, capitalizing on growing excitement around digital assets while getting a boost from looser regulatory requirements to bring products to market. The U.S. Securities and Exchange Commission’s updated standards for ETFs, announced last week, could encourage demand for exchange-traded …

Crypto ETFs set to flood US market as regulator streamlines approvals Read More »

By Saeed Azhar, Milana Vinn and Tatiana Bautzer NEW YORK (Reuters) -The Trump administration’s overhaul of the H-1B system could have an outsized impact on the finance industry, which could face hiring challenges following the imposition of the new $100,000 fee. Financial firms are among the largest users of H-1B visas, employment-based visas awarded by an annual lottery, …

Analysis-Financial firms to feel outsized impact from Trump’s H-1B overhaul Read More »

(Reuters) -Australia’s Woodside Energy said on Wednesday it has clinched an agreement to supply about 5.8 billion cubic metres of liquefied natural gas, to Turkish state-owned petroleum company BOTAS. Australia’s biggest natural gas producer has agreed to supply for a period of nine years starting from 2030, primarily from its Louisiana LNG project, according to a company …

Australia’s Woodside inks LNG supply deal with Turkey’s BOTAS Read More »