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Indian KFC, Pizza Hut operator Devyani rises on $934 million Sapphire merger
Jan 2 (Reuters) - India's KFC, Pizza Hut operator Devyani International jumped as much as 8.3% on Friday after announcing the long-anticipated $934 million merger with smaller peer Sapphire Foods, creating a fast-food major poised to challenge market leader Jubilant Foodworks.The combined entity...
Reuters
Fri, Jan 2
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
SEOUL, Jan 2 (Reuters) - Bain Capital is buying a 43.66% stake in South Korea's Echo Marketing 230360.KQ, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14 million), Echo said in a regulatory filing on Friday.The U.S. investment firm...
Reuters
Fri, Jan 2
HK SaaS Related Stocks Jumped. Kingdee Up 7%; Mobvista Up 6%; ChinaSoft, Vobile And Yeahka Up 4%; MarketingForce, Youzan, Kingsoft And Weimob Up 3%
HK SaaS related stocks jumped. Kingdee up 7%; Mobvista up 6%; ChinaSoft, Vobile and Yeahka up 4%; MarketingForce, Youzan, Kingsoft and Weimob up 3%.
Tiger News
Fri, Jan 2
GLOBAL MARKETS-Stocks make upbeat start to 2026; precious metals extend sparkling rally
Stocks rise in thin trade with Japan, China markets shutPrecious metals rally shows no sign of stoppingEyes on Fed independence, U.S. rate pathDollar on the defensive; traders still on yen intervention watchBy Rae Wee SINGAPORE, Jan 2 (Reuters) - Stocks began 2026 on a positive note in holiday-th...
Reuters
Fri, Jan 2
HK Commercial Aerospace Stocks Shined. APT Satellite Soared 30%; China Aerospace Surged 18%; Goldwind, C Strategic Tec And Con Aero Tech Up 11%
HK commercial aerospace stocks shined. APT Satellite soared 30%; China Aerospace surged 18%; Goldwind, C Strategic Tec and Con Aero Tech up 11%.
Tiger News
Fri, Jan 2
Australia's Elsight hits record high on first Aura devices delivery, US expansion plans
Shares of Elsight ELS.AX rise 12.3% to a record high of A$3.46Defence technology provider posts biggest intraday pct jump since December 12Co delivers first batch of units of its communication devices called Aura to a leading defence contractor for a large projectSays deal expands the co's forwa...
Reuters
Fri, Jan 2
24H|Chinese ETFs And ADRs Shined. Baidu Up 10%; CWEB And YINN Up 6%; Netease And Nio Up 5%; Li Auto Up 4%; Alibaba, JD, Trip.Com And XPeng Up 2%
Chinese ETFs and ADRs shined in overnight trading. Baidu up 10%; CWEB and YINN up 6%; Netease and Nio up 5%; Li Auto up 4%; KWEB, GDS and Bilibili up 3%; Alibaba, JD, Trip.com and XPeng up 2%.
Tiger News
Fri, Jan 2
HK Chip Stocks Rally. Hua Hong Semi Up 8%; Smart-Core Up 6%; CE Huada Tech Up 5%; SMIC And ASMPT Up 3%; Soloman Systech And Shanghai Fudan Up 2%
HK Chip Stocks Rally. Hua Hong Semi up 8%; Smart-Core up 6%; CE Huada Tech up 5%; SMIC and ASMPT up 3%; Soloman Systech And Shanghai Fudan up 2%.
Tiger News
Fri, Jan 2
HK Movers|Electric Power Stocks Gained. Goldwind Up 9%; NE Electric Up 6%; SH Electric Up 4%; Harbin Electric And DongFang Elec Up 2%
HK electric power stocks gained. Goldwind up 9%; NE Electric up 6%; SH Electric up 4%; Harbin Electric and DongFang Elec up 2%.
Tiger News
Fri, Jan 2
BOK's Rhee says recent dollar-won rates far from economy's fundamentals
SEOUL, Jan 2 (Reuters) - South Korea's central bank chief said on Friday the recent dollar-won levels at high-1,400 range seem far from the Korean economy's fundamentals which in part was due to local residents' investment on overseas equities. Governor Rhee Chang-yong also said in his N...
Reuters
Fri, Jan 2
Singapore’s Economy Grew 4.8% In 2025; Q4 GDP Comes In At 5.7%
Singapore’s economy expanded 4.8 per cent year on year in 2025, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday (Jan 2) morning.Aside from being faster than the 4 per cent growth recorded in the previous year, last year’s gross domestic product (GDP) also exceeds the...
Tiger News
Fri, Jan 2
Why This Regional Bank Stock Drew a New $35.8 Million Investment
Key PointsFlorida-based HoldCo Asset Management initiated a BankUnited stake in the third quarter, buying up 936,900 shares. The value of the position was about $35.75 million at quarter-end.The BKU position places outside the fund's top five holdings.These 10 stocks could mint the next wave of mill...
The Motley Fool
Thu, Jan 1
Eastern Bankshares Draws $116 Million Allocation as Profits Hit $106 Million
Key PointsFlorida-based HoldCo Asset Management bought 1.2 million shares of EBC in the third quarter.The value of the position increased by about $36.79 million from the previous quarter.As of September 30, HoldCo reported holding 6.41 million shares of EBC valued at $116.32 million, making it the ...
The Motley Fool
Thu, Jan 1
Better Artificial Intelligence Stock: Figma vs. UiPath
Key PointsFigma is challenging Adobe with its lightweight, cloud-based AI design tools.UiPath helps companies automate tasks traditionally performed by human employees with software robots.The slower-growth company might be the safer bet in this frothy market.10 stocks we like better than Figma › Fi...
The Motley Fool
Thu, Jan 1
Evaluating Caterpillar Stock's Actual Performance
Key PointsInvestors are pricing in a significant improvement in Caterpillar's earnings in the coming years.The company's power generation equipment powers AI data centers. Construction and infrastructure spending could improve if interest rates go down.10 stocks we like better than Caterpillar › Cat...
The Motley Fool
Thu, Jan 1
Why a Nearly $500 Million Bet on New Oriental Signals Conviction Amid a 13% Slide
Key PointsHong Kong-based First Beijing Investment bought 2.23 million shares of EDU in the third quarter. The value of the fund's EDU position went up $112.15 million during the quarter ended September 30.As of quarter-end, First Beijing held about 9.35 million EDU shares valued at $496.02 million,...
The Motley Fool
Thu, Jan 1
7 Reasons to Buy WMT Stock Like There's No Tomorrow
Key PointsWalmart's grocery business accounts for more than 50% of its revenue.The retail giant is experiencing double-digit e-commerce growth.The stock has beaten the S&P 500 over the past five years.10 stocks we like better than Walmart › Is now a good time to buy stock in Walmart (NASDAQ: WMT)? S...
The Motley Fool
Thu, Jan 1
Should You Buy Pfizer While It's Under $30?
Key PointsPfizer has been struggling for several years.The company's pipeline could help it turn things around.It also has a solid dividend program and is attractively valued. 10 stocks we like better than Pfizer › Trading at a bit under $25 apiece, Pfizer's (NYSE: PFE) shares appear tentatively che...
The Motley Fool
Thu, Jan 1
2 No-Brainer AI Stocks to Buy Hand Over Fist for 2026
Key PointsThese two stocks already are winning in AI and offer investors solid long-term prospects, too.Both of these players are leaders in their specialty areas. 10 stocks we like better than Nvidia › Investors are always on the lookout for the next big technology breakthrough. And in recent years...
The Motley Fool
Thu, Jan 1
I'm Resolving to Start a New Stock Portfolio for 2026
Key PointsFinding promising stocks that other analysts don't look at can be a great way to succeed as an investor.There are many stocks that fly under the radar on Wall Street and elsewhere.My Voyager Portfolio hopes to look at dozens of new stocks in 2026.These 10 stocks could mint the next wave of...
The Motley Fool
Thu, Jan 1
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