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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
Burger King's India operator jumps on narrower loss
** Shares of Restaurant Brands Asia RESR.NS climb 7.6% to 88.1 rupees, set for their best day in over two years, if gains hold ** The India franchisee of Burger King reported consol loss of 562.8 million rupees vs 852.6 million rupees a year ago; rev grew ~6% y/y ** Co said its same-store-sales gre...Reuters
Tue, May 20
MORNING BID EUROPE-Markets moody as traders look for trade deals
A look at the day ahead in European and global markets from Ankur BanerjeeInvestors have taken in stride the Moody's U.S. credit rating downgrade and are back pining for trade deals as a distinct lack of agreements from negotiations keep them on edge with the clock ticking on the United States&#...Reuters
Tue, May 20
PREVIEW-India's Hindalco rises ahead of quarterly results
** Indian aluminum and copper miner, Hindalco Industries HALC.NS up 1.3% ahead of Q4 results due later in the day ** Analysts, on avg, expect HALC to report ~42% y/y increase in consol profit to 44.97 billion rupees, per data compiled by LSEG ** Systematix Institutional Research says industry-wide ...Reuters
Tue, May 20
CSPC Pharma rises to 7-month high as lung cancer drug gets FDA's Fast Track designation
** Shares of CSPC Pharmaceutical Group 1093.HK jump 9.6% to HK$6.51, their highest levels since October 22 ** Stock on course for a third straight session of gains, if current trend holds ** Stock marks the biggest intraday pct gain since April 1 and is third-biggest pct gainer in the Hong Kong'...Reuters
Tue, May 20
Japan's Nikkei rises on resilient Wall Street, pause in yen rally
TOKYO, May 20 (Reuters) - Japan's Nikkei share average rose on Tuesday, with a pause in the yen's rally supporting automakers and other exporters, while resilience on Wall Street despite the U.S. sovereign downgrade buoyed overall sentiment.
Reuters
Tue, May 20
HK-listed 3SBio hits 7-year peak on Pfizer licensing deal
** Shares of Chinese biopharmaceutical products developer 3SBio Inc 1530.HK jump as much as 51.7% to HK$22, highest since June 2018** Set for biggest one-day pct rise since listing in 2015; top pct gainer on Hang Seng Biotech Index .HSHKBIO and healthcare index .HSCIH, which are up 2.7% and 2.6%** P...Reuters
Tue, May 20
GLOBAL MARKETS-Asian stocks rise as traders weigh US debt, trade deals
Investors shrug off Moody's US credit downgrade Dollar drifts as selloff in Treasuries easeEyes on RBA policy decision; rate cut expected By Ankur Banerjee and Johann M Cherian SINGAPORE, May 20 (Reuters) - Asian stocks rose on Tuesday while U.S. Treasury yields steadied allowing a bit of a b...Reuters
Tue, May 20
Microsoft to offer rival AI models from own data center; launches AI coding agent
SEATTLE, May 19 (Reuters) - Microsoft MSFT.O said on Monday it would offer new AI models made by Elon Musk's xAI, Meta Platforms META.O and European startups Mistral and Black Forest Labs hosted in its own data centers, and unveiled a new artificial-intelligence tool designed to complete software co
Reuters
Tue, May 20
Yalla Net Margin Jumps on AI Gains
Yalla Group Limited (NYSE:YALA) reported first quarter 2025 earnings on May 19, 2025, delivering $83.9 million in GAAP revenue (up 6.5% year over year) and Net income increased by 17% year over year. Management underscored robust monthly active user (MAU) expansion (Average MAUs grew to 44.6 million...The Motley Fool
Tue, May 20
Occidental Petroleum Continues Working Toward Capturing This Potential $5 Trillion Future Market Opportunity
Occidental Petroleum (NYSE: OXY) believes carbon capture and storage (CCS) will eventually become a massive market. The oil company estimates it could be a $3 trillion to $5 trillion global industry in the future. It's not alone in that view. Oil giant ExxonMobil (NYSE: XOM) estimates that there cou...The Motley Fool
Tue, May 20
Wall Street stocks finish flat with sentiment weakened by Moody's downgrade
NEW YORK, May 19 (Reuters) - U.S. stocks finished near the unchanged mark on Monday with market sentiment weakened by the downgrade of the federal government's perfect sovereign credit rating owing to its huge debt profile.Reuters
Tue, May 20
The Smartest S&P 500 ETF to Buy With $1,000 Right Now
The market has been on an absolute roller-coaster of a ride this year, dropping by over 20% after President Donald Trump announced his tariffs, before it recovered thanks to subsequent negotiations between the administration and some of the United States' largest trading partners. The turmoil has ca...The Motley Fool
Tue, May 20
6 Billion Reasons To Buy This Artificial Intelligence (AI) Semiconductor Stock Hand Over Fist (Hint: It's Not Nvidia)
When it comes to the semiconductor industry, chances are the top name that comes to mind is Nvidia. For the last two years, investors have been consistently reminded of just how dominant Nvidia's presence is in the world of high-performance chipsets, known as graphics processing units (GPUs).While A...The Motley Fool
Tue, May 20
