News
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Quantum Computing Stocks Are on Fire! IonQ Soars 35% in a Day as CEO Bets on Becoming the "Quantum Nvidia"
TradingKey - On Thursday, the U.S. stock market experienced a frenzy for quantum computing concepts, with IonQ (NYSE: IONQ) leading the sector with a surge of 35%. Following closely were companies like D-Wave (NYSE: QBTS) and Rigetti (NASDAQ: RGTI).
TradingKey
Fri, May 23
CATL and Hengrui’s HK IPOs — Enter a “Hong Kong Revaluation 2.0” Era?
TradingKey - The strong market performance of two Chinese industry leaders — Contemporary Amperex Technology Co. Limited (CATL, 3750.HK) and Hengrui Pharmaceuticals (1276.HK) — following their Hong Kong IPOs has once again drawn global attention to the Hong Kong capital market.TradingKey
Fri, May 23
PRECIOUS-Gold heads for biggest weekly jump in 1-1/2 months on US fiscal worries
Trump's sweeping tax-cut bill passes US House, on way to SenateGold can maintain foothold above the $3,000 level - analyst Dollar has lost more than 1% so far this week By Anushree Mukherjee May 23 (Reuters) - Gold prices rose on Friday and were poised for their biggest weekly gain in more th...Reuters
Fri, May 23
Japan's core inflation hits more than 2-year high, could force year-end BOJ hike
April core CPI rises 3.5% yr/yr vs f'cast +3.4%Index excluding fresh food, fuel up 3.0% yr/yr in AprilServices inflation moderate, US tariffs cloud wage outlookAnalysts expect inflation to slow back near BOJ target year-endBy Leika Kihara TOKYO, May 23 (Reuters) - Japan's core inflation a...Reuters
Fri, May 23
US President Donald Trump pushes EU to cut tariffs or face extra duties - FT
The Financial Times reported on Friday that US President Donald Trump's trade negotiators are pressuring the EU to reduce tariffs on US imports unilaterally, claiming that without concessions, the bloc would not move in discussions to avoid extra 20% "reciprocal" taxes.Fxstreet
Fri, May 23
BYD shares hit record high on report it outsold Tesla in Europe
Investing.com-- BYD’s Hong Kong shares soared to a record high on Friday, extending a recent winning spree after a report said the Chinese electric vehicle giant outsold rival Tesla (NASDAQ:TSLA) Inc for the first time in Europe.
Investing.com
Fri, May 23
Japan's Nikkei climbs on lower US yields, softer yen
TOKYO, May 23 (Reuters) - Japan's Nikkei share average climbed on Friday, supported by falling U.S. Treasury yields and a weaker yen, although the index is on track to break its four-week winning streak.The Nikkei .N225 was up 0.8% at 37,280.84 by the midday break, but has lost 1.25% so far this...
Reuters
Fri, May 23
South Korean shares flat on US policy, bond market caution
SEOUL, May 23 (Reuters) - Round-up of South Korean financial markets:South Korean shares were flat on Friday, weighed by caution over U.S. President Donald Trump's tax-cut bill and remarks from a South Korean minister that officials are monitoring the domestic impact of U.S. bond market volatility.Reuters
Fri, May 23
Murban crude prices drop as OPEC+ raises output, prompting surge in volumes to Asia
SINGAPORE, May 23 (Reuters) - Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output following OPEC+'s decision to accelerate production hikes and compete head-on with U.S. shale oil, traders and analysts said.
Reuters
Fri, May 23
Bitcoin Bulls Poised? BTC Consolidates Near ATH With Eyes on Higher Highs
Bitcoin price started a fresh increase and traded to a new all-time high above the $111,500 zone. BTC is now consolidating and might aim for an increase toward $113,200 Bitcoin started a fresh upward move from the $108,000 zone. The price is trading above $108,000 and the 100 hourly Simple...NewsBTC
Fri, May 23
GRAINS-Wheat dips again as short-covering rally loses steam
CANBERRA, May 23 (Reuters) - Chicago wheat futures edged lower on Friday, slipping for the second straight day, as a short-covering rally that lifted prices from last week's five-year low ran out of steam, but remained on track for a weekly gain.Reuters
Fri, May 23
US Treasury yields ease after 30-year hits 19-month high on US deficit fears
US Treasury yields retreated on Thursday after the 30-year US bond yields reached their highest level in 19 months amid concerns regarding the increase of the US fiscal deficit, as Trump's “One Big Beautiful Bill” passes the US House of Representatives and is on its way to the Senate.Fxstreet
Fri, May 23
US STOCKS-Wall Street stocks end mostly flat in choppy trade as Treasury yields ease
NEW YORK, May 22 (Reuters) - U.S. stocks closed a choppy session little changed on Thursday, erasing initial declines as Treasury yields eased off recent highs after the House of Representatives passed U.S. President Donald Trump's tax and spending bill.Reuters
Fri, May 23
