News
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Japan's Nikkei closes flat as investors await fresh trade signals
TOKYO, May 20 (Reuters) - Japan's Nikkei share average ended flat on Tuesday, as support from a pause in the yen's rally lifted automakers and exporters, while investor sentiment remained cautious following U.S. sovereign downgrade by Moody's last week.
Reuters
Tue, May 20
Orsted, Vestas and Equinor rise after US lifts block on Empire Wind Project
** Shares in Norway's Equinor EQNR.OL and Danish wind turbine makers Vestas VWS.CO and Orsted ORSTED.CO rise after the U.S. lifted a stop-work order on Equinor's planned offshore wind project off the coast of New York** Equinor said in a statement that work can resume on Empire Wind, a $5 bl...Reuters
Tue, May 20
TRADING DAY-Dealing with the US downgrade
By Lewis Krauskopf NEW YORK, May 19 (Reuters) - TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets CorrespondentThe Moody's downgrade of the U.S. credit rating rippled through markets on Monday and put fresh focus on the nation's fiscal out...Reuters
Tue, May 20
ATRenew Inc. Reports Unaudited First Quarter 2025 Financial Results
SHANGHAI, May 20, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced its unaudited financial results for the three months ended March ...PR Newswire
Tue, May 20
Alphabet Just Made a Moonshot Stock One of Its Biggest Investments and Dumped 83% of Its Stake in a High-Flying Artificial Intelligence (AI) Giant
It's been a busy seven weeks for Wall Street. President Donald Trump unveiled his tariff policy, paused higher "reciprocal tariffs" for 90 days a week later, and recently worked out a reciprocal tariff rate reduction with China. All the while, earnings season has been ongoing and U.S. economic data ...The Motley Fool
Tue, May 20
Better Dividend Stock: Healthpeak Properties vs. AGNC Investment
Real estate investment trusts (REITs) can be great dividend stocks. Many of these companies offer big-time dividend yields. Some even pay monthly dividends, making them ideal for those seeking recurring passive income. AGNC Investment (NASDAQ: AGNC) and Healthpeak Properties (NYSE: DOC) currently pa...The Motley Fool
Tue, May 20
One of the Newest Stocks in the S&P 500 Has Soared 33,150% Since Its IPO, and It's Still a Buy Right Now, According to a Certain Wall Street Analyst
The S&P 500 is widely regarded as the best overall gauge of the U.S. stock market, as it comprises the 500 largest publicly traded companies in the country. Given the breadth of businesses that make up the index, it is considered the most reliable benchmark of overall stock market performance. To be...The Motley Fool
Tue, May 20
S.Korean shares edge down; LG Energy Solution hits record low
KOSPI ends slightly lower Korean won weakens against dollarSouth Korea benchmark bond yield fallsFor the midday report, please click SEOUL, May 20 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares closed marginally weaker on Tuesday as battery makers slumped on wo...Reuters
Tue, May 20
Pfizer in deal with China's 3SBio to license cancer drug candidate, take equity stake
May 19 (Reuters) - U.S. drugmaker Pfizer PFE.N said it would license an experimental cancer treatment from China's 3SBio Inc 1530.HK, paying $1.25 billion upfront and up to another $4.8 billion if developmental milestones are met.Pfizer also plans to make a $100 million equity investment in the ...Reuters
Tue, May 20
UK Stocks-Factors to watch on May 20
May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.40%.* VODAFONE: Mobile and broadband provider Vodafone VOD.L said it expected to return to top-line growth in Germany, its largest market, this year, driving an increase in cash flow afte...Reuters
Tue, May 20
LIVE MARKETS-Europe before the bell: futures signal higher open
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.comEUROPE BEFORE THE BELL: FUTURES SIGNAL HIGHER OPEN European equity futures are pointing to a slightly higher open on Tuesday, as the...Reuters
Tue, May 20
LIVE MARKETS-Markets moody as traders look for trade deals
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.comMARKETS MOODY AS TRADERS LOOK FOR TRADE DEALS Investors have taken in stride the Moody's U.S. credit rating downgrade and ar...Reuters
Tue, May 20
Australia's ResMed slips after rival Apnimed posts positive clinical trial results
** ASX-listed shares of medical device-maker ResMed RMD.AX fall as much as 7.3% to A$36.02, their lowest level since April 24** Stock of co, which is involved in treating sleep apnea, COPD and other chronic diseases, marks biggest intraday pct loss since March 12 ** RMD is the top pct loser on the A...Reuters
Tue, May 20
Australia's Breville to face tariff headwinds, says Morgan Stanley
** Shares of Breville Group BRG.AX up 2.2% at A$29.63 on the day** Morgan Stanley says near-term earnings risk is elevated for kitchen appliance maker as U.S. tariffs have made it more difficult to export co's products to the U.S.** Adds that the outlook for the U.S. consumer is increasingly unc...Reuters
Tue, May 20
BREAKINGVIEWS-China entices savers to cross risky Rubicon
By Ka Sing Chan HONG KONG, May 20 (Reuters Breakingviews) - The People’s Republic has just entered a new era: on Tuesday, one-year bank deposit rates dipped below 1% for the first time ever. As a consequence, savers may shift more of their record 160 trillion yuan ($22 trillion) parked there into...Reuters
Tue, May 20
UK Stocks-Factors to watch on May 20
May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.48%.* CHESNARA: Britain's Chesnara CSN.L is exploring a potential acquisition of HSBC Holdings' HSBA.L life insurance business in the UK, Bloomberg News reported on Monday, citing...Reuters
Tue, May 20
GLOBAL MARKETS-Asian stocks inch higher, Aussie dips as RBA cuts rates
Investors shrug off Moody's US credit downgrade Dollar drifts as selloff in Treasuries easeRBA cuts rates as expected, Aussie down 0.5% CATL debuts in Hong Kong in world's biggest listing this yearBy Ankur Banerjee and Johann M Cherian SINGAPORE, May 20 (Reuters) - Asian stocks rose on Tu...Reuters
Tue, May 20
Seven & I Holdings Plans To Sell Parital Stake In Seven Bank To Itochu, Nikkei Says
May 20 (Reuters) - Seven & i Holdings Co Ltd 3382.T:SEVEN & I HOLDINGS PLANS TO SELL PARITAL STAKE IN SEVEN BANK TO ITOCHU, NIKKEI SAYSSEVEN & I HOLDINGS PLANS TO ANNOUNCE SEVEN BANK DEAL AS EARLY AS MAY 30, NIKKEI SAYSSEVEN BANK SHARES RISE MORE THAN 5%Source text: [ID:]Reuters
Tue, May 20
BREAKINGVIEWS-Richard Li's IPO saga may end with a whimper
By Hudson LockettHONG KONG, May 20 (Reuters Breakingviews) - Conditions are not ideal for FWD's long-delayed listing, but then they never have been. After several runs at an initial public offering in New York and Hong Kong, the insurer founded by tycoon Richard Li once again filed a listing app...Reuters
Tue, May 20
Australia's Worley rises; Jefferies sees upside in outlook
** Shares of Worley WOR.AX rise 0.6% to A$12.99** Earlier in the session, stock hit its highest level since April 4** Jefferies sees backlog for the engineering firm to continue to improve as remainder of CP2 project converts from the factored sales pipeline ** Worley holds engineering, procurement,...Reuters
Tue, May 20
