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GLOBAL MARKETS-Asia shares cautiously higher, yen buoyed by upbeat GDP
Asian stock markets : https://tmsnrt.rs/2zpUAr4Nikkei weathers rising yen, HK tech shares in limelightJapan GDP beats forecasts, dollar hit by poor retail data Investors wary of Russia-Ukraine talks, tariff news Updates to Asia afternoonBy Wayne Cole SYDNEY, Feb 17 (Reuters) - Asia share markets ...
Reuters
Mon, Feb 17
GLOBAL MARKETS-Asia shares cautiously higher, yen buoyed by upbeat GDP
SYDNEY, Feb 17 (Reuters) - Asia share markets crept higher on Monday as Hong Kong's tech sector stole the limelight, while upbeat Japanese economic growth contrasted with a weak U.S. retail sales report to lift the yen on the dollar.
Reuters
Mon, Feb 17
UK Stocks-Factors to watch on February 17
Feb 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Monday, with futures FFIc1 down 0.03%.* BP: BP said on Sunday it had started production from the second development phase of the Raven field offshore Egypt. * STEEL: Britain published a major consultation for its steel ind...
Reuters
Mon, Feb 17
MORNING BID EUROPE-Hey, Asia has tech shares too
A look at the day ahead in European and global markets from Wayne Cole.It's been a mostly upbeat start to the week for Asian shares, even though a holiday in U.S. markets has thinned liquidity. Hong Kong led the way again, tacking another 1.4% onto last week's 7% jump amid optimism about pot...
Reuters
Mon, Feb 17
REFILE-Australian steelmaker BlueScope sees Trump’s tariffs as a boon
Refiles to remove extra quotation mark, paragraph 8By Christine Chen SYDNEY, Feb 17 (Reuters) - BlueScope Steel BSL.AX, Australia's largest steelmaker, will be a beneficiary of U.S. President Donald Trump's protectionist tariffs, CEO Mark Vassella said on Monday, saying that he expects hi...
Reuters
Mon, Feb 17
Star gets potential lifeline as Oaktree offers refinancing; shares rally
Shares rise 8.3% to A$0.13Oaktree offers to refinance A$650 mln debtRewrites throughout, updates with shares, analyst comment, further details and backgroundBy Himanshi Akhand and Rishav Chatterjee Feb 17 (Reuters) - Star Entertainment SGR.AX announced on Monday that U.S.-based Oaktree OAKCP.UL h...
Reuters
Mon, Feb 17
European chip stocks: Why JPMorgan doesn't expect an imminent stock price recovery
Investing.com -- JPMorgan analysts remain cautious on European semiconductor stocks, particularly those exposed to the automotive and industrial sectors, citing persistently high inventory levels and weak demand.
EUR/USD
Investing.com
Mon, Feb 17
Constellation Brands stock jumps as Buffett's Berkshire shows new investment
Warren Buffett's Berkshire Hathaway (NYSE:BRKa) holding company released its 13F for the quarter ended December 31, 2024, on Friday. The firm showed a new investment in Constellation Brands (NYSE:STZ), a major alcoholic beverage producer.
Investing.com
Mon, Feb 17
BUZZ-Australia's Iperionx gains on $47 mln US contract
** Iperionx IPX.AX jumps 6.5% to A$4.4, highest since January 14** Titanium miner gets contract of up to $47.1 mln from U.S. Department of Defense (DoD) to strengthen U.S. Defense Industrial Base by accelerating development of a U.S. mineral-to-metal titanium supply chain** About 1.9 mln shares trad...
Reuters
Mon, Feb 17
BUZZ-Australia's FMR Resources soars on starting drilling at Canada project
** FMR Resources FMR.AX surges as much as 21.9% to A$0.195; set for biggest intraday pct gain since July 3, 2024** Stock hits highest since November 18, 2024** Battery minerals explorer says drilling has begun at its Fairfield Copper Project in Canada** About 143,000 shares traded vs the 30-day avg ...
Reuters
Mon, Feb 17
Australia's BlueScope steel climbs over 3-year peak as earnings beats estimate
By Rajasik Mukherjee Feb 17 (Reuters) - Shares of Australia's BlueScope Steel BSL.AX hit a more than 3-year high on Monday after the steelmaker's half-year underlying profit surpassed market expectations and its upbeat commentary on U.S. tariffs on steel imports. The stock gained as much ...
Reuters
Mon, Feb 17
Japan's Nikkei ekes out gains despite looming tariff threats
TOKYO, Feb 17 (Reuters) - Japan's Nikkei share average edged higher in choppy trade on Monday, boosted by financial shares as gross domestic production rose more than expected while automakers dragged following Friday's headlines of possible U.S. tariffs aimed at imported cars.
USD/JPY
Reuters
Mon, Feb 17
BUZZ-XtalPi rises after co targets HK$250 million revenue to meet Hong Kong listing threshold
** Shares of XtalPi Holdings 2228.HK, a provider of drug and material science research and development solutions, jump as much as 9.7% to HK$7.25, their highest levels since November 8 ** Stock on track for the biggest one-day pct gain since February 10, if gains hold ** XtalPi, which went publ...
Reuters
Mon, Feb 17
GLOBAL MARKETS-Asia shares mostly higher, yen buoyed by upbeat GDP
Asian stock markets : https://tmsnrt.rs/2zpUAr4Nikkei weathers rising yen, HK tech shares in limelightJapan GDP beats forecasts, dollar hit by poor retail data Investors wary of Russia-Ukraine talks, tariff news Adds China, European stocksBy Wayne Cole SYDNEY, Feb 17 (Reuters) - Asia share market...
Reuters
Mon, Feb 17
BUZZ-Australia's Star Entertainment rises on $413 million debt financing offer from Oaktree
** Shares of Australia's Star Entertainment SGR.AX rise 8.3% to A$0.13** The embattled casino operator says Oaktree Capital Management has offered to buy out its lenders and is willing to provide A$650 million ($413.66 million) in two debt facilities** Move comes as the troubled casino operator ...
Reuters
Mon, Feb 17
Meta stock keeps climbing, notch 20-day streak on robot news
Facebook-parent Meta Platforms Inc (NASDAQ:META) closed higher for the 20th straight session Friday, its longest win streak ever.
Investing.com
Mon, Feb 17
GLOBAL MARKETS-Asia shares becalmed, dollar on back foot
Asian stock markets : https://tmsnrt.rs/2zpUAr4Nikkei restrained by rising yen, U.S. market holidayJapan GDP beats forecasts, dollar hit by poor retail data Investors wary of Russia-Ukraine talks, tariff news By Wayne Cole SYDNEY, Feb 17 (Reuters) - Asia share markets were becalmed by a Wall Stre...
Reuters
Mon, Feb 17
Stryker launches ProCeed hospital bed
New hospital bed helps caregivers deliver efficient and quality care in markets outside the U.S. PORTAGE, Mich., Feb. 17, 2025 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in medical technologies, announced the launch of the ProCeed hospital bed, offering simplicity while enhancing care acro...
PR Newswire
Mon, Feb 17
Is Cava a Buy, Sell, or Hold in 2025?
The S&P 500 has risen about 20% over the past 12 months, which is a very strong performance. Cava Group's (NYSE: CAVA) stock price has rallied 160% over the same span. There's a lot to digest about that eye-popping share price advance when you consider the buy, sell, or hold call on this upstart res...
The Motley Fool
Sun, Feb 16
Is This Vanguard ETF a Millionaire Maker?
Everyone would love to make a million dollars through investing -- and there are various ways to set yourself off on the right path. One way is to invest in a broad range of quality stocks and hold on to them for the long term. Though this is something all of us can do, it requires some time and eff...
The Motley Fool
Sun, Feb 16
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