Save articles for later Add articles to your saved list and come back to them any time. Bank profits have peaked and are set to come under further pressure from stiff competition in home loans, investors say, as the market prepares for updates from two key protagonists in the mortgage war: ANZ Bank and Commonwealth Bank. After results this week […]

Crude oil prices fell sharply on Wednesday, sliding for a second straight session, amid rising concerns about the outlook for energy demand. Data showing a sharp jump in crude oil inventories in the U.S. also weighed on oil prices. Oil prices were also hurt by a firm dollar. The dollar rose against several major currencies today amid uncertainty about the […]

Swiss drug major Roche Holding AG (RHHBY) announced Tuesday that EMBARK trial of Elevidys (delandistrogene moxeparvovec) in Duchenne muscular dystrophy or DMD failed to reach primary endpoint, but shows positive efficacy outcomes on all timed functional key endpoints. In the global, randomised, double-blind Phase 3 EMBARK study, Elevidys-treated boys aged 4-7 years with DMD showed an increase on the North […]

After ending the previous session little changed, treasuries moved sharply lower over the course of the trading day on Wednesday. Bond prices came under pressure in early trading and saw further downside as the day progressed. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, surged 11.3 basis points to 4.593 percent. The […]

Drug major Merck & Co., Inc. (MRK) Friday announced positive results of Phase 3 trials with its anti-PD-1 therapy KEYTRUDA (pembrolizumab) in various cancers. In the Phase 3 KEYNOTE-756 trial, KEYTRUDA in combination with chemotherapy showed statistically significant improvement in pathological complete response or pCR rate as neoadjuvant therapy versus chemotherapy in high-risk, early-stage ER+/HER2- breast cancer. Separately, Merck announced […]

Gold futures settled lower on Thursday as the dollar strengthened and bond yields rebounded, after data showing a slightly bigger than expected increase in U.S. consumer prices raised concerns about interest rates. The dollar index surged to 106.50, gaining more than 0.6%. Gold futures for December ended lower by $4.30 at $1,883.00 an ounce. Silver futures for December ended down […]

Merck & Co., Inc. (MRK) on Thursday announced that its KEYTRUDA (pembrolizumab) in Phase 3 trial met one of its dual primary endpoints of disease-free survival or DFS in certain patients with muscle-invasive urothelial carcinoma or MIUC after surgery. The company said it is the first positive study for KEYTRUDA as adjuvant therapy for these patients. The trial will now […]

Crude oil prices fell sharply on Wednesday, weighed down by concerns about the outlook for demand amid worries about an economic slowdown and reports saying Russia will likely lift its diesel ban sometime soon. West Texas Intermediate Crude oil futures for November ended lower by $5.01 or about 5.6% at $84.22 a barrel. Brent crude futures were down $4.82 or […]

(Reuters) – Donald Trump’s civil trial continues in Manhattan on Tuesday in a case that threatens to dismantle parts of the former U.S. president’s business empire and sharply curtail his ability to do business in New York.Slideshow ( 3 images )Trump, the frontrunner for the 2024 Republican presidential nomination, is accused along with his two sons and nearly a dozen […]

For many years, the Dow Jones industrial average ruled the investing world, before the advent of electronic and computer-driven trading. Created in 1896 by Charles Dow, the index originally consisted of 12 companies, each considered a giant in its sector. The Dow was introduced early in The Wall Street Journal as the first index of stock market activity. While the […]