Monday's top gainers include Tenon, following a Form S-1 filing; Azitra, which recently outlined its strategic reorientation and 2026 outlook; Nuvectis, after announcing a licensing deal with Haisco; and REGENXBIO, which is gearing up to resubmit its BLA for its Hunter syndrome drug, among others.
Asian markets are mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid continued uncertainty about the progress in the ongoing peace talks to end the Middle East war and the related complete opening of the Strait of Hormuz. Meanwhile, the US granted Iran a 60-day license to sell oil on global markets, boosting expectations for a faster recovery in crude oil supply.
Meta Platforms (META) has named Kunal Shah, the Indian entrepreneur, as the new head of WhatsApp, taking over from Will Cathcart, who is stepping down after nearly seven years to focus on product development within the company.
The National Highway Traffic Safety Administration (NHTSA) has kicked off a special investigation following a tragic accident involving a Tesla (TSLA) Model 3 in Katy, Texas. This crash resulted in the death of 76-year-old Martha Avila after the vehicle collided with a home.
Tech major Oracle Corp. (ORCL) reduced about 21,000 roles globally in fiscal 2026 amid the increasing use of artificial intelligence or AI in its operations, as per the firm's latest annual report. In overnight trading, Oracle shares were losing around 2.15 percent, at $171.30, extending the loss...
Biopharmaceutical company AbbVie, Inc. announced Monday an agreement to acquire inflammatory and immunological drug maker Apogee Therapeutics for $135.11 per share in cash, for a total equity value of around $10.9 billion. Following the news, AbbVie shares are gaining 4 percent, while Apogee shares are surging around 47 percent.
InSilico Medicine Cayman TopCo (3696.HK) on Monday announced partnership with SK Biopharmaceuticals Co., Ltd. (326030.KS) to discover artificial intelligence-enabled drug candidates targeting neuroimmune disorders of the central nervous system, in a deal worth more than $2.5 billion. Under the agreement,...
The manufacturing sector in Australia continued to expand in June, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.2. That's up from 50.7 in May and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. While...
Singapore will on Tuesday release May numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In April, overall inflation was down 0.3 percent on month and up 1.8 percent on year, while core CPI was up an annual 1.4 percent. Hong Kong will provide May data for consumer...
Consumer confidence in South Korea ticked higher in June, the Bank of Korea said on Tuesday with a consumer sentiment index score of 106.6 - up from 106.1 in May. Consumer sentiment regarding current living standards was 94, one point higher than in May, while the outlook was unchanged at 97. Consumer...
Right-wing candidate Abelardo de la Espriella, endorsed by President Donald Trump, has narrowly won Colombia's Presidential runoff. With most of the votes counted, preliminary results show Espriella has won more than 49 percent of the votes, while the left-wing senator Iván Cepeda, an ally of the outgoing president Gustavo Petro, came second with 48.7 percent. Cepeda has not conceded defeat as t
On Tuesday, the UK has annuonced a major sanctions package aimed at choking off Russia's war effort across multiple fronts. The latest round of punitive action by the UK includes 70 new sanctions targeting Russia's illicit shadow fleet, military procurement supply chains, and illicit finance networks used to circumvent Wedtern sanctions. The sanctions further crack down on Russia's decrepit
The Thai stock market on Monday ended the five-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,575-point plateau although it may head south again on Tuesday. The global forecast for the Asian markets is mixed to...
The Indonesia stock market headed south again on Monday, one session after ending the two-day slide in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,115-point plateau and it may take further damage on Tuesday. The global forecast for...
After a weak start due to a sell-off in technology stocks, the Indian stock market moved into positive territory Tuesday morning, riding on gains in the financials, FMCG and banking sectors.
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.
Sentiment in global markets remains mixed as an easing in geopolitical tensions attributed to the peace deal signed between the U.S. and Iran as well as renewed worries about interest rates going up, both impacted market sentiment.
The Justice Department has announced charges against five men who were arrested for an alleged plot to carry out an attack at a White House event at the weekend. According to FBI, the accused were planning to kill government officials and others attending the Ultimate Fighting Championship Freedom 250 event held at the White House on Sunday. The FBI launched an investigation into the plot and
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
The Bank of Russia reduced its benchmark interest rate by a quarter basis points on Friday, marking the ninth consecutive cut as inflation stays above the target. The Board of Directors decided to cut the key rate to 14.25 percent from 14.50 percent, the Russian central bank said. Markets had anticipated a 50 basis-point reduction.
UK retail sales rebounded in May as promotions and the hot weather drove consumer spending data, from the Office for National Statistics showed Friday. Retail sales grew by more-than-expected 1.2 percent on a monthly basis in May, in contrast to April's 1.0 percent fall. Sales were forecast to climb 0.5 percent. Excluding auto fuel sales, retail sales moved up 1.2 percent.
Retail sales and public sector finances from the UK and monetary policy decision from Russia are due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector net borrowing figures.
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.
A new study from Binghamton University suggests that depression may affect how children pay attention to emotional facial expressions, such as happy or sad faces. Researchers also found that these patterns vary depending on whether a child has a family history of depression. During the study, scientists...
The Ebola outbreak in eastern Congo has now reached 1,003 confirmed cases, including 254 deaths, according to the Democratic Republic of the Congo's Ministry of Health. Since the outbreak was declared on May 15, about 100 people have recovered, while at least 365 patients remain hospitalized or in...
The Ebola outbreak in the Democratic Republic of Congo, known as Bundibugyo virus disease (BVD), is growing quickly. As of June 17, the World Health Organization reports 896 confirmed infections and 232 fatalities.
A new study, published in JAMA Network Open, suggests that women who are actively taking combined contraceptive pills may be more likely to experience binge eating. The study, led by researchers from Michigan State University, followed 422 women in the United States and Canada over 49 days across...
Shares of Alphabet Inc. (GOOG) tumbled nearly 7% on Monday, setting up for its worst daily drop in about a year.
Space Exploration Technologies Corp. (SPCX) has inked a significant deal with the AI startup Reflection AI, marking a move deeper into the rapidly expanding AI sector.
Alan Greenspan, the longtime chairman of the U.S. Federal Reserve who helped guide the world's largest economy through nearly two decades of growth, has died at the age of 100. Greenspan died Monday from complications related to Parkinson's disease, according to a statement from his wife, Andrea Mitchell....
GOPO Toys has recalled about 70,410 Pull String Teething Toys due to a serious choking hazard that could cause respiratory distress or death in young children. According to the U.S. Consumer Product Safety Commission, the recalled toys violate the federal mandatory toy safety standard because their...