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MORNING BID EUROPE-Taiwan dollar leaps; Buffett to step down
A look at the day ahead in European and global markets from Tom WestbrookThe surging Taiwan dollar was the big mover in a holiday-thinned Asia session, kicking off a busy week of central bank decisions, key economic data and investors coming to grips with Warren Buffett's departure from the top ...
Reuters
Mon, May 5
ADDX Partners with Franklin Templeton and Lexington Partners on Secondaries
SINGAPORE, May 5, 2025 /PRNewswire/ -- ADDX, a digital wealth platform based in Singapore, has partnered with Franklin Templeton and Lexington Partners to make private equity secondaries more accessible to individual accredited investors in Singapore. Through the partnership, ADDX will offer access ...
PR Newswire
Mon, May 5
Australia's Reliance Worldwide warns of Americas sales pressure, tariffs' cost impact
Expects impact of up to $35 million on FY26 earningsShares fall most in nearly a monthCiti analysts call outlook shift "conservative"By Adwitiya Srivastava and Nikita Maria Jino May 5 (Reuters) - Shares of Reliance Worldwide Corporation RWC.AX were on track for their weakest session in ab...
Reuters
Mon, May 5
New Zealand's Smartpay hits 7-month high on new takeover offer
** New Zealand's Smartpay SPY.NZ rises as much as 25.4% to A$1.060, highest since October 4, 2024** Stock posts biggest intraday pct gain since March 17** Payment services provider gets fresh takeover offer, valuing co at NZ$290.3 mln ($173.6 mln)** Offer price of NZ$1.20/shr represents a 42% pr...
Reuters
Mon, May 5
Taboola Partners with Samsung to Power News Recommendations on More Samsung Devices Globally
HONG KONG, May 5, 2025 /PRNewswire/ -- Taboola (Nasdaq: TBLA) today announced it has reached a new partnership with Samsung to serve news recommendations on Samsung devices and news channels. Under this new multi-year relationship, Taboola will power news recommendations on Samsu...
PR Newswire
Mon, May 5
Berkshire Hathaway Inc reports results for the quarter ended March 31 - Earnings Summary
Berkshire Hathaway Inc BRKa.N reported quarterly adjusted earnings of $6,704.45 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $7,796.47. The mean expectation of three analysts for the quarter was for earnings of $7,213.87 per sha...
Reuters
Mon, May 5
Australia markets welcome political stability under Labor as Trump 2.0 risks mount
Australia markets take ruling Labor Party election win in strideLabor's win boosts fiscal policy flexibility amid global trade tensionsAussie dollar hits five-month peak on broadly weaker USDShare market falls on Westpac earnings miss SYDNEY, May 5 (Reuters) - Australian financial markets on...
Reuters
Mon, May 5
Wall St Week Ahead-Fed outlook in focus as US stocks rally picks up steam
NEW YORK, May 2 (Reuters) - The Federal Reserve meeting in the coming week is set to test the U.S. stock market's sharp rebound, with investors hoping the central bank is poised to resume lowering interest rates in the months ahead.
Reuters
Mon, May 5
Australia's 4DMedical jumps on winning contract from US co
** 4DMedical 4DX.AX jumps 13.6% to A$0.335, highest since March 26** Stock posts biggest intraday pct gain since April 15** Medical tech co secures contract with private U.S. co Intermountain Health to implement its Pulmonary Hypertension Analysis product, an AI-based algorithm designed for use in a...
Reuters
Mon, May 5
End of an Era: Buffett to step down as Berkshire CEO
Investing.com -- Legendary investor Warren Buffett announced Saturday that he will step down as the CEO of Berkshire Hathaway (NYSE:BRKa) after six decades at the helm. He will be leaving the long-he
Investing.com
Mon, May 5
FOREX.com lands in Singapore, reflecting a new era in retail and self-directed CFD trading
SINGAPORE, May 5, 2025 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) ("StoneX") today announced the launch of FOREX.com in Singapore, providing retail and self-directed traders access to its award-winning CFD trading platform. FOREX.com is the trading name in Singapore for StoneX Financ...
PR Newswire
Mon, May 5
ADVISORY-No Reuters Global Markets report from Asia on May 5
May 5 (Reuters) - Due to holidays in several markets on Monday, May 5, there will be no GLOBAL MARKETS report MKTS/GLOB during Asian hours.
Reuters
Mon, May 5
COLUMN-Funds’ CBOT corn and wheat views moving out-of-bounds, again: Braun
By Karen Braun NAPERVILLE, ILLINOIS, May 4 (Reuters) - Chicago wheat futures hit contract lows last week, reflective of speculators’ long-standing bearish position on the grain.Investors’ pessimistic wheat stance earlier this year clashed strongly with their enormously bullish bets in Chicago cor...
Reuters
Sun, May 4
Could Autonomous Vehicle Insurance Threaten Berkshire Hathaway's Most Profitable Segment?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has crushed the S&P 500 (SNPINDEX: ^GSPC) over the last 60 years thanks in part to savvy investment decisions about long-held stocks like American Express and Coca-Cola -- and more recently Apple. But Berkshire's stakes in public companies may no longer...
The Motley Fool
Sun, May 4
Didn't Get Your Social Security Fairness Act Benefit Increase Yet? Here's When to Expect It.
During his final days in office, President Joe Biden signed the Social Security Fairness Act, which increased the federal retirement benefits of 3.2 million U.S. seniors. If you're among them, you've probably eagerly awaited the adjustment to your checks, which may amount to as much as $1,100 more p...
The Motley Fool
Sun, May 4
If I Were Applying for Social Security in 2025, I'd Do These 3 Things ASAP
Applying for Social Security isn't just an exciting milestone; it's an important strategic decision that will determine how much money you get from the program. You want everything to go smoothly so you can get as much as possible and start receiving checks promptly.To pull this off, you need to lay...
The Motley Fool
Sun, May 4
Prediction: This Will Be the Top-Performing Semiconductor Stock Over the Next 10 Years (Hint: It's Not Nvidia)
The launch of ChatGPT on Nov. 30, 2022 represented one of the leading catalysts that sparked the revolution around artificial intelligence (AI). Since that date, shares of semiconductor stock Nvidia have soared an astronomical 550%, transforming the company to a multitrillion-dollar enterprise in th...
The Motley Fool
Sun, May 4
The S&P 500 Went for a Roller-Coaster Ride During Trump's First 100 Days in Office. What Can Investors Expect for the Next 100 Days?
President Donald Trump promised to shake things up once he took office, and boy, did he. Trump imposed sweeping tariffs on goods from most countries in an attempt to transform decades of globalization that he believes has made global trade unfair for the U.S.The extent of the tariffs in the initial ...
The Motley Fool
Sun, May 4
Is Now the Time to Buy Beaten-Down AI Stocks?
Investors rushed to get in on artificial intelligence (AI) stocks over the past two years as it became clear that AI might be the next big thing. The idea was that this newish technology could join the ranks of electricity or the internet, revolutionizing our daily lives and a whole lot more. As a r...
The Motley Fool
Sun, May 4
This More Than 5%-Yielding Dividend Stock Looks Like a Can't-Miss Buy for Income and Upside Potential
There aren't a lot of can't-miss investing opportunities out there. However, Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) certainly seems to be one of them. The leading global renewable energy company is capitalizing on the surging demand for clean power, which should continue for decades. Few compa...
The Motley Fool
Sun, May 4
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