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U.S. soybean exports hit a marketing-year low of 224,300 metric tons for the week ended June 25, drastically undershooting market expectations. Analysts surveyed by The Wall Street Journal had anticipated a robust range between 500,000 and 1.5 million tons, highlighting a sharp disconnect between projected demand and actual trade activity.
With momentum building behind its latest SUV launch, Rivian Automotive has upwardly revised its full-year delivery forecast to a range of 65,000 to 70,000 vehicles. The adjustment follows a second quarter that saw the Irvine-based manufacturer comfortably exceed its own internal performance projections for both commercial and consumer fleets.
Arcturus Therapeutics shares climbed 5.8% to $7.29 in premarket trading Thursday following the announcement of a strategic partnership with Thermo Fisher Scientific. The collaboration aims to accelerate the Phase 3 development and eventual commercialization of ARCT-032, an investigational mRNA therapy designed to treat cystic fibrosis.
Ying Tian officially assumes the role of chief financial officer at iQIYI today, stepping into the leadership position following a period of interim management. His appointment marks the conclusion of a search sparked by the resignation of former CFO Jun Wang, who departed the video streaming company earlier this year.
United Therapeutics has acquired the private biotech firm Thymmune Therapeutics in a cash transaction valued at $140 million. The agreement includes additional performance-based earn-outs of up to $160 million, contingent upon the successful completion of specific clinical and regulatory milestones scheduled through the end of 2031.
Shares of lidar technology developer Ouster retreated in premarket trading Thursday following the company’s announcement of a public offering priced at $55.22 per share. The move arrives after a sharp rally that saw the company’s stock value more than double since the beginning of the year.
German software giant SAP is curbing travel budgets and slowing new hires to redirect capital toward artificial intelligence, signaling a strategic shift to protect its market position. The company aims to prioritize talent and technology development over operational overhead while navigating a volatile period for software-as-a-service providers.
Swedish bearing giant SKF is entering the humanoid robotics sector through a joint venture with China’s Leaderdrive. The partnership aims to manufacture high-precision transmission components for robotic joints, tapping into the burgeoning field of Embodied AI to bridge the gap between complex software and physical industrial automation.
The Peter Ballantyne Cree Nation has abruptly dropped its judicial review against the Wheeler River uranium project, pivoting from courtroom opposition to active cooperation. By withdrawing its challenge, the First Nation has officially signaled its consent for the development and operation of the site in northern Saskatchewan.
The Kospi plunged 7.9% on Thursday to 7648.09, as a massive retreat in semiconductor heavyweights Samsung Electronics and SK Hynix forced regulators to halt trading. With the two companies now commanding roughly half the index’s total weight, their volatility effectively sidelined the remaining nine hundred listed firms during the session.
With plans to launch in July 2026, SoftBank is establishing a new U.S. venture, SB Neo, to provide specialized computing power for artificial intelligence development. The move seeks to capture surging American demand for the infrastructure required to run high-end AI models and large-scale enterprise systems.
South Korea’s Kospi index plunged 7.9% on Thursday, spearheading a regional selloff as investors questioned the sustainability of massive capital expenditures in artificial intelligence infrastructure. The retreat followed heavy losses among chip manufacturers and signaled mounting anxiety that global tech giants may be overextending their computing capacity.
Global sales for Volvo Car slipped 5.6% in the second quarter, totaling 171,501 vehicles compared to 181,561 during the same period last year. The Swedish manufacturer pointed to a deteriorating environment in China, where fierce competition and regulatory shifts continue to weigh heavily on performance across the automotive sector.
Kusuri No Aoki Holdings reported a net profit of 17.13 billion yen for the fiscal year ended May 20, 2026, marking a decline from the 17.79 billion yen recorded in the previous year. Despite this bottom-line softening, the company saw its total revenue climb significantly to 566.87 billion yen.
A bidding war for Japan’s digital marketplace Kakaku.com intensified Thursday as LY Corp. and Bain Capital increased their takeover offer to 3,384 yen per share. The move pushes the total valuation of the internet company to approximately $4.12 billion, significantly outpacing a rival acquisition proposal from Sweden’s EQT.
Daiseki Co. Ltd. posted a net profit of 2.87 billion yen for the first quarter ending May 31, marking a significant increase from the 2.44 billion yen recorded during the same period last year. The Japanese waste management firm’s latest financial statement underscores steady growth across its core operational metrics.
TotalEnergies is offloading its 85% stake in Block 2E offshore Malaysia to INPEX, a deal valued at $350 million. The divestment covers a net 8.5% interest in the Marjoram gas field, marking a tactical shift for the French energy giant as it consolidates its Malaysian operations toward core, operated assets.
E-Supportlink Ltd. saw its net profit more than double during the first half of the 2026 fiscal year, reaching 48 million yen compared to 19 million yen in the same period last year. The surge reflects a broader upward trend in the company's performance across its Japanese operations.
A retreat in oil prices and a broad sell-off across Asian indices are setting a cautious tone for Western trading sessions. Brent crude dropped 1.4% to $70.57 a barrel, while the Nikkei 225 plummeted 2.5%, signaling growing investor anxiety despite mixed performances in European equities.
Singapore’s DBS Group and South Korea’s Samsung Securities are bridging their financial networks to capture the region’s expanding affluent market. By signing a memorandum of understanding, the two institutions aim to provide clients with cross-border investment opportunities, tapping into the growing demand for diversified wealth management services across Asia.
A 133 million yen net loss for the fiscal year ending March 31 marks a significant shift for Nichiryoku Co. Ltd., as the Tokyo-listed company successfully trimmed its deficit from the 418 million yen loss reported during the previous annual period despite a contraction in total revenue.
A cooling domestic market has forced Chinese electric vehicle manufacturers to lean heavily on international buyers to sustain growth. While local consumer sentiment shifts toward cautious, reason-driven purchasing, export figures for major players have surged, providing a critical buffer against the persistent stagnation within the world's largest automotive sector.
Tech-heavy indices across Asia retreated on Thursday as mounting skepticism over the profitability of artificial intelligence infrastructure triggered a regional sell-off. The downturn follows a weak session on Wall Street, where concerns emerged that hyperscalers may be overextending their capacity beyond sustainable demand levels.
Market volatility has derailed the initial public offering for European defense giant KNDS, forcing the tank manufacturer to pause its long-anticipated listing on the Paris and Frankfurt exchanges. Despite completing extensive preparatory work and gauging investor appetite, the firm decided the current climate is not suited for its debut.
For the fifth consecutive week, fewer than half of all homes listed for auction in Australia’s major capital cities have successfully changed hands. The latest data from Cotality confirms a deepening market slump, with a combined clearance rate of just 45% highlighting persistent weakness across the nation’s primary real estate hubs.
BHP Group has submitted an environmental permit application to revive the Cerro Colorado mine in northern Chile, signaling a $1.5 billion push to restore production at the site. The world’s largest miner by market value shuttered the facility in late 2023, but now aims to secure its future through new technology.
Following an extensive recruitment search, Reserve Bank of New Zealand Governor Anna Breman has appointed Angus McGregor as Assistant Governor for Financial Stability. McGregor, who has served in the role on an acting basis since March 2025, is set to formally assume the permanent position later this month.
Starting Saturday, the U.S. Treasury will automatically funnel contributions for Trump administration children’s investment accounts into a State Street exchange-traded fund. While this S&P 500-tracking vehicle serves as the default, the government plans to expand the roster of available funds to include options from BlackRock and Vanguard in the coming months.
A 19% plunge in Franklin Covey shares headlined a volatile after-hours session Wednesday, as the company slashed its full-year outlook and missed third-quarter revenue expectations. Investors reacted sharply to the downgrade, dragging the stock down to $20.12 in the wake of the company's latest financial disclosure.
The Food and Drug Administration has authorized Vertex Pharmaceuticals’ Casgevy for children as young as two, marking the first time a gene therapy for sickle cell disease has been cleared for such a young age group. This expansion allows treatment for patients aged two to 11, previously restricted to those 12 and older.