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HK Movers | Crypto Shares Jump as Bitcoin Rebounds to $92K. Linekong up 13%; Boyaa up over 4%; Sinohope Tech up 1.6%.
Crypto shares jumped in Hong Kong as bitcoin rebounded to $92,253. Linekong up 13%; Boyaa up over 4%; Sinohope Tech up 1.6%.
Tiger News
Wed, Dec 3
Should You Buy Eaton While It's Below $360?
Key PointsEaton provides electric and cooling solutions and is well-positioned to benefit from the rapid expansion of data centers.The company reported a record backlog, including a notable 70% increase in orders from data centers in the third quarter.It recently acquired Boyd's thermal business, en...
The Motley Fool
Wed, Dec 3
GLOBAL MARKETS-Stocks rise as slide in bitcoin, global bonds hit pause
Shares rebound, markets turn upbeatAnalysts say thinner liquidity may have contributed to Monday's selloffDollar restrained as investors bet on dovish Fed under HassettAussie falls after domestic GDP misses forecastsBy Rae Wee SINGAPORE, Dec 3 (Reuters) - Asia shares were on steadier footing ...
Reuters
Wed, Dec 3
Is Cameco Stock a Buy Now?
Key PointsCameco mines and processes uranium, supplying the nuclear power industry with fuel.It recently purchased half of Westinghouse, a service provider to the nuclear power industry.Nuclear power is experiencing a renaissance, and investors are extremely bullish on Cameco's stock.10 stocks we li...
The Motley Fool
Wed, Dec 3
HK Movers|Lemo Services Shares Rocketed 58% On HK Market Debut; Jinyan Kaolin Rocketed 27%
Lemo Services, a shared massage equipment provider, surged 58% in Hong Kong's market debut; Jinyan Kaolin rocketed 27%.According to its prospectus, Lemo Services provides massage services through its machines installed in high-traffic public locations across China. Data from Frost & Sullivan shows t...
Tiger News
Wed, Dec 3
NZ's Fletcher Building falls; Citi downgrades on muted outlook
Fletcher Building FBU.NZ falls as much as 2.3% to NZ$3.39; marks steepest intraday pct loss since November 25Citi downgrades to "neutral" from "buy"; retains PT at NZ$3.50Sees NZ housing market stabilising, but warns recovery will be slow, citing elevated consents, high inventories, ...
Reuters
Wed, Dec 3
PRECIOUS-Gold flat as investors await US data for rate-cut signals
Dec 3 (Reuters) - Gold prices were little changed on Wednesday after a 1% drop in the previous session, as a rebound in equities and firm Treasury yields kept pressure on the metal while investors awaited key U.S. data for clues on potential rate cuts later this week. FUNDAMENTALSSpot gol...
Reuters
Wed, Dec 3
MPay Tap! Launches in Macao, Ushering in New Era for Smart Living
Launching in Macao on December 1, covering over 1,000 merchants, with MOP3 off the first transaction to kick‑start a new “Tap to Pay” experience.Macau Pass, in partnership with Alipay, officially launches MPay Tap! service across Macao on December 1, 2025, delivering a seamless “Tap to Pay” experience for residents. The roll-out marks a new milestone for the city’s mobile payment ecosystem, opening fresh access for localized digital services while boosting retail consumption and accelerating merchants’ digital transformation, committed to driving the growth of Macao’s digital economy and smart city initiatives together.No app launch in advance required: users simply unlock their phone and tap the Alipay Tap! terminal to pay— with a faster, smoother transaction flow.Upgraded Payment Experience, Enjoy Macao Effortlessly with “Tap to Pay” Originally launched by Alipay in Chinese Mainland in July 2024, the Alipay Tap! service leverages near-field communication (NFC) and barcode payment technologies. Users can pay by tapping their unlocked phone on the Alipay Tap! terminal, skipping the need to open the app in advance. Since launching, the service has rapidly gained traction, reaching over 200million users in just over a year and expanding to more than 400 cities, 5,000 brands and millions of retail outlets nationwide.Leveraging the Alipay Tap! technology, MPay delivers the same seamless experience with MPay Tap! — ready for instant use once enabled, with just one tap to pay. At checkout, users no longer need to search for a QR code or interrupt ongoing activity on the phone, making the process even smoother than traditional scan‑to‑pay methods. The device must be unlocked before the payment can be processed to ensure security. To drive adoption, Macau Pass and Alipay are launching an introductory promotion running until the end of the year. Customers will enjoy an instant MOP3 off their first MPay Tap! transaction each day. Discounts will be available daily throughout the month, applicable to high‑frequency spending scenarios such as shopping and dining.Gavin Zhao, Chief Product and Technology Officer at Macau Pass said: “The Macao SAR government’s commitment to innovation and smart-city development has provided fertile ground for technologies like MPay Tap!. As a leading local digital services provider, Macau Pass is dedicated to enhancing user experience through technological and service innovation. This launch is the result of close collaboration with Alipay and ecosystem partners, and we aim to extend the service in Macao, further integrate terminals, benefits, and membership systems to support merchants in their digital transformation, and inject fresh momentum into Macao’s smart living vision and community economy.”Driving Merchant Digital Transformation Amid Strong Market ResponseMacau Pass, in partnership with Alipay, first introduced Alipay Tap! in January 2025 at The Venetian® Macao, The Parisian Macao, The Londoner® Macao, owned by Sands China. Since then, the service has expanded to more than 1,000 merchants city-wide, covering restaurants, supermarkets, department stores and popular tourist areas including the Ruins of Saint Paul's, Rua do Cunha and Portas do Cerco.For merchants, Alipay Tap! terminal devices can significantly boost operational efficiency. Merchants no longer need to use a QR code scanner, streamlining the checkout process. A single payment terminal supports Alipay Tap! alongside conventional QR scan payments, catering to both residents and visitors. The terminals also support over 10 international digital wallets — including WeChat Pay, Hong Kong Octopus, Italy’s Tinaba, Singapore’s Changi Pay and South Korea’s NAVER Pay — aligning with Macao’s role as a global tourism hub. Merchants can also redeem mCoin and mPass coupons directly on the same device, creating an integrated “pay-and-redeem” solution to enhance efficiency.In partnership with Alipay, Macau Pass is extending targeted subsidies and incentive programs to help small and medium-sized enterprises boost sales and adopt digital tools. Merchant feedback highlights faster checkout speeds and shorter queues during peak hours, enhancing the overall customer experience.Deepening the integration of “Tap and Beyond” scenarios to create a new vision for smart livingBeyond enhancing payments, MPay Tap! is positioned as a gateway to digital merchant operations. Future iterations aim to integrate services such as food ordering, membership management and rewards programs, creating a comprehensive ecosystem for everyday living.Jiajia Li, Vice President, Co-President of Payment Business Group at Ant Group stated: “Alipay Tap! brings together new experiences, innovative business and advanced technology in one service. Working with Macau Pass, we’re excited to bring these benefits to residents and merchants in Macao. As the service expands into more scenarios, it will strengthen digital connectivity across the Greater Bay Area, becoming a vital link in the region’s integrated development.”03/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Wed, Dec 3
Wall Street now favors Google over OpenAI, Nvidia, and Tesla after the release of Gemini 3
Wall Street just picked its fighter, and it isn’t OpenAI, Nvidia, or Tesla. It’s Google.
Cryptopolitan
Wed, Dec 3
Equities rise on Fed rate cut optimism, Boeing jumps
U.S. stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday, buoyed by gains in technology shares as expectations the Federal Reserve will cut interest rates next week remain elevated.
Reuters
Wed, Dec 3
Stocks rise, bonds and bitcoin regain some footing
Global shares rose on Tuesday and both cryptocurrencies and global government bonds stabilised after the previous day's selloff, which was triggered by a looming interest rate hike in Japan.
Reuters
Wed, Dec 3
RPT-ROI-Global demand for US stocks isn't waning. It's increasing: McGeever
By Jamie McGeeverORLANDO, Florida, Dec 2 (Reuters) - Given the outperformance of many major European and Asian equity markets over Wall Street this year, it might appear that foreign investors are turning sour on U.S. equities. But that's not the case. Not only are overseas private sector inflow...
Reuters
Wed, Dec 3
Australia's 4DMedical surges on Philips pact expansion, $9.9 mln order pledge through 2027
Shares of 4DMedical 4DX.AX jump as much as 18.43% to A$1.960, posting their biggest intraday pct gain since October 3Stock hits its highest level since October 24Medtech firm announces a major expansion of its distribution pact with Netherlands-based Koninklijke Philips NV PHG.AS for co's medica...
Reuters
Wed, Dec 3
Australia's Predictive rises as Perseus outshines Robex deal with $1.38 billion bid
Shares of Predictive Discovery PDI.AX advance as much as 27.2% to A$0.795, their highest level since mid-May 2012Stock posts its biggest intraday pct gains since late September 2021 The gold explorer says it has received a A$2.1 billion ($1.38 billion) takeover bid from Perseus Mining PRU.AX,...
Reuters
Wed, Dec 3
Australia's BetMakers jumps on Penn deal, growth forecast
Shares of Betmakers Technology BET.AX advance as much as 6.45% to A$0.165, their biggest intraday pct gain since November 7The wagering tech provider says it has signed a new three-year agreement with casino operator Penn Entertainment PENN.O for the distribution of Penn's racing contentPosition...
Reuters
Tue, Dec 2
Cboe to Offer Nearly 24-Hour Trading for Russell 2000 Options, Expanding Global Access to U.S. Small-Cap Equities
Russell 2000® Index (RUT) options to trade nearly 24x5 during Cboe's Global Trading Hours Expansion that may allow European and Asia-Pacific traders to more easily manage U.S. small-cap exposure Initiative is part of Cboe's ongoing efforts to expand global access to its proprietary U.S. equi...
PR Newswire
Tue, Dec 2
Marvell to buy chip startup Celestial AI for $3.25 billion, bullish on growth next year
Deal includes cash and stockMarvell forecasts custom chip business to grow 20% next fiscal yearThe company's fourth-quarter revenue forecast beats Wall Street estimatesBy Juby Babu, Max A. Cherney and Stephen NellisSAN FRANCISCO, Dec 2 (Reuters) - Chipmaker Marvell Technology MRVL.O said on Tues...
Reuters
Tue, Dec 2
Post-Bell|Wall Street Rebounds, Ends Higher; MongoDB Surged 22%; Marvell Up 15%; Boeing Up 10%; Intel Up 9%; Janux Sank 53%
U.S. stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday, buoyed by gains in technology shares as expectations the Federal Reserve will cut interest rates next week remain elevated.Market SnapshotDow Jones up 0.39% at 47,474.46; S&P 500 up 0.25% at 6,829.37;...
Tiger News
Tue, Dec 2
Musk wins fight to keep lawyer Alex Spiro in Twitter trial
By Mike Scarcella Dec 2 (Reuters) - Elon Musk has persuaded a judge that his longtime lawyer Alex Spiro can represent him in a shareholder lawsuit over the billionaire's 2022 Twitter acquisition even though he may be a trial witness in the case.San Francisco-based U.S. District Judge Charles ...
Reuters
Tue, Dec 2
American Eagle lifts annual sales forecast on marketing-driven holiday demand
By Neil J Kanatt Dec 2 (Reuters) - American Eagle Outfitters AEO.N raised its annual comparable sales forecast on Tuesday, betting on marketing-driven demand for its apparel and accessories during the holiday season, sending its shares up about 11% after the bell. Successful marketing campaign...
Reuters
Tue, Dec 2
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