News
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Nikkei Soars to Record High — What’s Driving Japan’s Bull Market?
TradingKey - Fueled by easing U.S. tariff concerns and a strong rally in Japanese technology stocks, the Nikkei 225 Index surged as much as 2.5% on Tuesday, reaching 42,867.69 points — surpassing its July highs and pushing the broader TOPIX index to a new all-time high as well.TradingKey
Tue, Aug 12
Japan's Nikkei races to record high, SoftBank leads tech surge
By Junko Fujita and Rocky Swift TOKYO, Aug 12 (Reuters) - Japan's Nikkei share gauge .N225 powered to an all-time high on Tuesday, driven by sharp gains for tech companies and renewed optimism over trade with the United States. With financial markets reopening after a holiday in Japan on Mond...Reuters
Tue, Aug 12
LIVE MARKETS-Before the bell: European futures edge up
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBEFORE THE BELL: EUROPEAN FUTURES EDGE UP European shares were set for modest gains at the open on Tuesday, supported by an extended ta...Reuters
Tue, Aug 12
HK Movers | China's Fosun International Surges 22% After the Company Seeks Stablecoin License in Hong Kong
Fosun has confirmed its application for a stablecoin license in Hong Kong and has assembled a dedicated team for this purpose. On August 6, Fosun's founder, Guo Guangchang, led key members of the stablecoin team and other executives to meet with Hong Kong's Chief Executive John Lee and Financial Sec...Tiger News
Tue, Aug 12
From AI Darling to Sell-Off Target: BigBear.ai Slumps 30%, C3.ai Falls 26% After Earnings Disaster
TradingKey - At the beginning of the year, Wall Street widely predicted that 2025 would mark the shift from “hardware-driven” to “software-driven” AI momentum — heralding it as the “year of AI software.” However, the latest earnings season has revealed a different story: while a select few AI
TradingKey
Tue, Aug 12
Italy - Factors to watch on Aug. 12
The following factors could affect Italian markets on Tuesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.POLITICSEuropean leaders will hold a videoconference on...Reuters
Tue, Aug 12
Crypto Daily | South Korea’s Crypto Traders Flock to BitMine, Pouring A Net $259M; SharpLink Expects ETH Holdings to Top $3B Following $400M Offering
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSharpLink Expects ETH Holdings to Top $3B Following $400M OfferingSharpLink Gaming has signed securities purchase agreements worth $400 million with five major glob...Tiger News
Tue, Aug 12
Block Set to Launch Bitcoin Mining Chip — Ark Invest Makes Aggressive Stock Buyback
Less than a month after trimming its position, Cathie Wood’s Ark Invest has made a surprising move: purchasing $19.2 million worth of Block (NYSE: XYZ) shares. The buyback comes amid growing speculation around Block’s upcoming product launch and signals renewed confidence in the company’s crypto st
EMERGING MARKETS-Asian stocks rally as US-China extend tariff truce; investors eye US CPI
Indonesia stocks jump 2% to highest level since Oct. 2024 U.S., China extend tariff truce to NovemberThailand central bank policy decision due on WednesdayBy Roshan Thomas Aug 12 (Reuters) - Asian stocks climbed and currencies mostly steadied on Tuesday after the U.S. and China extended their tar...Reuters
Tue, Aug 12
Asian stocks rally as US-China extend tariff truce; investors eye US CPI
Aug 12 (Reuters) - Asian stocks climbed and currencies mostly steadied on Tuesday after the U.S. and China extended their tariff truce to November, tamping down market jitters ahead of a closely watched U.S. inflation reading due later in the day.Reuters
Tue, Aug 12
GLOBAL MARKETS-Asia stocks rise as US-China tariff truce supports sentiment
Japan's Nikkei, Australia's ASX scale record peaksCurrencies calm ahead of US CPIRBA cut rates as expected, still cautious on future easingInvestors await Trump-Putin summit on Friday By Jaspreet Kalra SINGAPORE, Aug 12 (Reuters) - Asian stocks rose on Tuesday with Japanese equities hitti...Reuters
Tue, Aug 12
LIVE MARKETS-Truce extended, economic data next
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTRUCE EXTENDED, ECONOMIC DATA NEXT A look at the day ahead in European and global markets from Ankur BanerjeeJapanese stocks sc...Reuters
Tue, Aug 12
MORNING BID EUROPE-Truce extended, economic data next
A look at the day ahead in European and global markets from Ankur BanerjeeJapanese stocks scaled all-time highs and other regional share markets rose with the tide, buoyed by an extension of a tariff truce between the world's two largest economies.Investor attention turns now to U.S. and UK econ...Reuters
Tue, Aug 12
Geopolitical shifts may impact India growth story amid US trade woes, Bernstein says
** Bernstein says changing geopolitical alignments could significantly impact India's growth story as trade tensions escalate with U.S. over its Russian oil purchases** Adds doubling of U.S. tariffs on Indian goods to 50% last week least of country's worries** Notes "sudden shift in tone...Reuters
Tue, Aug 12
PREVIEW-Weak prices, US tariffs to weigh on first-quarter results for India's Hindalco
** Analysts expect India's Hindalco Industries HALC.NS to report 24.7% Y/Y rise in Q1 consol net profit and 4.7% Y/Y increase in revenue - data compiled by LSEG** Stock drops as much as 2.3% before trading nearly flat at 674.55 rupees** Jefferies expects margins contraction for HALC on weak alum...Reuters
Tue, Aug 12
INDIA STOCKS-Indian benchmarks open flat as financials offset broader gains ahead of key inflation data
Aug 12 (Reuters) - Indian equity benchmarks were muted at the open on Tuesday, as a pullback in financials offset broader gains, while investors await domestic and U.S. inflation data that could influence near-term interest rate expectations.The Nifty 50 .NSEI fell 0.01% to 24,583.75 points and the ...Reuters
Tue, Aug 12
India's Hindalco drops on 'disappointing' Q1 results for US unit Novelis
** India's Hindalco HALC.NS drops as much as 2.3%; last down 0.6%** Miner's U.S. unit Novelis reports 36% Y/Y fall in Q1 net profit to $96 million** Market headwinds from higher scrap metal prices negatively impacted results, HALC says** Investec says Novelis' Q1 "spreads disappointm...Reuters
Tue, Aug 12
U.S. IPO Profitability Test: Can Circle and CoreWeave Justify Their Surging Stock Prices?
TradingKey - On Tuesday, August 12, Circle (CRCL) and CoreWeave (CRWV) will respectively release their first and second earnings reports since going public. Both stocks have more than doubled since their IPOs in 2025, but concerns over their business models and profitability remain.
Orla Mining Ltd reports results for the quarter ended June 30 - Earnings Summary
Orla Mining Ltd OLA.TO reported quarterly adjusted earnings of 20 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of seven analysts for the quarter was for earnings of 18 cents per share. Wall St...Reuters
Tue, Aug 12
