International News
US close: Stocks finish weaker ahead of CPI print
Wall Street reversed earlier gains to finish weaker on Wednesday, as major indices continued to search for direction ahead of the release of May's consumer price index tomorrow.
Nordgold confirms London IPO plan
Nordgold has confirmed its intention to return to the London Stock Exchange after receiving a positive response from potential investors.
Europe close: Stocks drift lower even as ECB sticks to script
European shares finished off their worst levels of the session despite news of a much higher-than-expected reading on consumer prices from across the Pond.
BIS starts consultation on regulating banks' exposure to cryptoassets
The world's watchdog for central banks began a public consultation on Thursday on preliminar proposals for how lenders' exposure to cryptocurrencies should be regulated.
ECB plots steady course, 'significantly higher' PEPP purchases to continue
Rate-setters at the European Central Bank plotted a steady course at their latest policy meeting.
US initial jobless claims fall for sixth consecutive week
The number of Americans lining up for state unemployment benefits declined for a sixth consecutive week, with initial claims decreasing by 9,000 to 376,000 in the week ended 5 June, according to the Labor Department.
US consumer prices jump past forecasts in May, led by user cars
Inflation in the US bounded ahead in May with big gains evident across nearly all categories of products and services.
ECB leaves interest rates unchanged
The European Central Bank has left its key interest rates unchanged, in line with analyst expectations.
US pre-open: Stock futures mixed ahead of CPI data
Wall Street futures were mixed ahead of the bell on Thursday as investors awaited some key inflation data and this week's jobless claims report from the Labor Department.
Abuja taps StanChart for rail project financing, instead of China Eximbank
Abuja may tap StanChart instead of Chinese lenders for the financing needed to modernise two of the country's main railways.