Market News Today — AI-Curated Stock & Crypto Headlines

Keir Starmer, former UK Prime Minister and current Member of Parliament (MP), announced his decision to stand down as an MP.

Blackstone Inc.

ArcelorMittal SA abandoned its planned acquisition of a joint venture with CLN-Coils Lamiere Nastri SpA after the Italian government imposed restrictions, allowing a domestic rival to proceed with the takeover.

Hyundai Motor Co.

Asian spot LNG prices rose to a five-month high due to concerns over potential disruptions to flows in the Strait of Hormuz.

HDFC Bank's newly issued dollar bonds fell to record lows following the unexpected resignation of CEO Sashidhar Jagdishan, signaling investor concern over leadership transition and potential operational uncertainty.

Veritas Capital agreed to acquire Bodycote Plc for approximately £1.65 billion ($2.2 billion), outbidding CVC Advisers Ltd.

Global bond yields rose to their highest level since 2008 due to a selloff driven by rising oil prices, which heightened inflation concerns and increased expectations of Federal Reserve interest rate hikes.

Ark Invest acquired $37 million worth of shares in Block Inc (formerly Square) following the company's second-quarter results, which included an upward revision to its full-year profit forecast to $12.5 billion.

Shein's shares declined up to 10% during its Hong Kong IPO debut, with the stock opening at HK$43.72 before partially recovering.

Japan’s 10-year government bond yield reached 3% for the first time since 1996, marking a significant shift from decades of near-zero borrowing costs.

Japan’s 10-year government bond auction attracted demand consistent with its 12-month average, driven by high yields that drew investor interest.