Analysts at Citi project the dollar-yen exchange rate could reach 163 should Japan's Topix stock index surge to 4,500, citing historical correlations between equity strength and currency weakness.
The new project on BNB Smart Chain aims to connect global digital capital with Brazilian commodity exports through a utility token and a platform for financing and logistics transparency.
Streamex Corp. has partnered with Siebert Financial to offer its gold-backed tokenized security, $GLDY, through traditional brokerage accounts, aiming to bridge the gap between digital assets and mainstream investors.
Streamex announced its yield-bearing, gold-backed token, $GLDY, is now accessible to accredited investors through traditional brokerage accounts at Siebert Financial, a move aimed at bridging digital assets with mainstream finance.
The leading cryptocurrency staged a partial recovery after a period of intense selling pressure driven by record outflows from U.S. spot ETFs and a hawkish Federal Reserve outlook.
Fitch Ratings has revised its outlook on Moody's Corporation to Positive from Stable, affirming the 'BBB+' rating. The change reflects the company's strong market position, expanding free cash flow, and successful diversification through its analytics division.
Scribe Therapeutics, a biotechnology company, has submitted a registration statement for an initial public offering on the Nasdaq Global Market. The company plans to trade under the ticker 'SCTX' but has not yet detailed the number of shares or price range for the offering.
Energy company Holtec Nuclear Corporation has filed for an initial public offering in the U.S., aiming to fund the development of its small modular reactor technology. The firm plans to list on Nasdaq and Nasdaq Texas under the ticker 'HNUC'.
U.S. stocks closed higher Friday, lifted by the strong Nasdaq debut of chipmaker SK Hynix and growing investor optimism for the upcoming second-quarter earnings season.
