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Biomea Reports Phase 1 Weight-Loss Data For Oral GLP-1 Candidate BMF-650; Shares Fall

India, Oct. 13 -- Biomea Fusion Inc. (BMEA) reported Phase 1 results for BMF-650, its investigational oral glucagon-like peptide-1 (GLP-1) receptor agonist being developed for obesity and metabolic di... Read More


Indian Shares Seen Flat On Dovish Fed Comments

India, Oct. 13 -- Indian shares are seen opening on a flat note on Wednesday, with dovish Fed comments likely to limit potential losses, if any. New York Fed President John Williams said he believes ... Read More


Caspian Therapeutics, Kura Oncology Outline Development Path For Diabetes Candidate KO-7246

India, Oct. 13 -- Caspian Therapeutics and Kura Oncology (KURA) outlined the development strategy for KO-7246, an oral menin inhibitor designed for diabetes and other chronic metabolic diseases. The c... Read More


U.S. Existing Home Sales Unexpectedly Rebound In September

India, Oct. 13 -- Existing home sales in the U.S. unexpectedly increased in the month of September, according to a report released by the National Association of Realtors on Tuesday. NAR said existin... Read More


Cipher Digital Stock Falls 16% Over $850 Mln Convertible Senior Notes Offering

India, Oct. 13 -- Shares of Cipher Digital Inc. (CIFR) are falling about 16 percent on Tuesday morning after the company announced a $850 million private offering of convertible senior notes due 2032.... Read More


Bitcoin Firm While Overall Crypto Market Cap Drops

India, Oct. 13 -- Anxiety ahead of the release of consumer price inflation readings from the U.S. on Wednesday weighed on market sentiment in the cryptocurrency market. Bitcoin however resisted the be... Read More


Thai Shares May Tick Lower On Wednesday

India, Oct. 13 -- The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day winning streak in which it had gained alm... Read More


AbbVie Reports 35.8% Endoscopic Remission With Subcutaneous Skyrizi In Crohn's Trial

India, Oct. 13 -- AbbVie Inc. (ABBV) on Tuesday announced that it presented new Phase 3 AFFIRM trial data showing endoscopic remission and ulcer-free endoscopy outcomes with subcutaneous Skyrizi in ad... Read More


IMF Raises Global Growth Outlook Despite Geopolitical Tensions

India, Oct. 13 -- The International Monetary Fund upgraded its global growth outlook despite concerns over a more persistent energy market disruption than anticipated due to tensions in the Middle Eas... Read More


Yen Rises After BoJ Ueda Comments

India, Oct. 13 -- The Japanese yen strengthened against other major currencies in the late European session on Tuesday, after the Bank of Japan or the BoJ Governor Kazuho Ueda's comments left the door... Read More