The Shipping Corporation of India Limited
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Sojitz Targets Profit Doubling by 2030 on Rare Earth Focus, May 28
Sojitz aims to double net profit by 2030 through rare earth elements and battery materials, reducing Japan’s dependence on Chinese supplies.
India’s First Hydrogen Train Gets Approval for Jind-Sonipat Route, May 27
Indian Railways’ first hydrogen-powered train for Jind-Sonipat route operates at 75 kmph with 1200 KW fuel cell, emitting only water vapor.
Galaxus Crypto Assets Face Regulatory Scrutiny in Switzerland, May 27
Swiss regulators scrutinize Galaxus crypto assets. GALAUSD falls 0.3%, GALAXYUSD down 85%, GALEONUSD drops 2.6% amid compliance concerns.
Galaxus Crypto Assets Tumble on May 27: GALAUSD Falls 0.3%
Galaxus crypto tokens weaken May 27: GALAUSD -0.3% to $0.00327, GALEONUSD -2.58% to $0.00603. Technical analysis shows oversold conditions.
Brent Crude Falls Below $100 as Iran Peace Talks Gain Traction, May 27
Brent crude falls 1.6% to $98.01 as investors expect Iran-US peace talks to reopen the Strait of Hormuz. WTI drops 4.5% to $89.89.
Coal India OFS Opens May 27: Government Sells 2% Stake at ₹412 Floor Price
Government divests 2% Coal India stake via OFS at ₹412 floor price, targeting ₹5,000 crore. Bidding: May 27 (non-retail), May 29 (retail).
Baltic Dry Index Bounces 3.1% on Capesize Demand Surge, May 27
Baltic Dry Index rises 3.1% to 3,085 on May 26 as Chinese coking coal prices hit highest since late 2024, boosting shipping demand.
Leopalace21 Stock Falls 1.1% as Delisting Risk Looms, May 27
Leopalace21 stock falls 1.1% to ¥634 after Tokyo Stock Exchange removes margin trading eligibility, raising delisting risk.
Solana USD Falls 1.44% Daily: SOLUSD at $83.68
SOLUSD drops 1.44% to $83.68 with weak momentum. RSI at 43.82 signals neutral conditions. Forecast targets $209.33 yearly.