News
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Korea Zinc shares fall 11% after reports top shareholders may seek to block US smelter plan
SEOUL, Dec 16 (Reuters) - Shares of Korea Zinc fell as much as 11% in early Tuesday trading after reports that major shareholders MBK Partners and Youngpoong would seek a court injunction to block the company from issuing shares for a new U.S.-based smelter.Reuters
Tue, Dec 16
Six trends to watch in 2026 as Asia-Pacific prepares to overtake North America as the largest consumer market worth $36 trillion in 2035
SINGAPORE, Dec. 16, 2025 /PRNewswire/ -- Asia Pacific is set to overtake North America as the largest consumer market in 2035, according to a new joint report by Bain & Company and NielsenIQ (NIQ). Private consumption in the region is expected to grow at 7% CAGR to reach $36 trillion by the...PR Newswire
Tue, Dec 16
Six trends to watch in 2026 as Asia-Pacific prepares to overtake North America as the largest consumer market worth $36 trillion in 2035
SINGAPORE, Dec. 16, 2025 /PRNewswire/ -- Asia Pacific is set to overtake North America as the largest consumer market in 2035, according to a new joint report by Bain & Company and NielsenIQ (NIQ). Private consumption in the region is expected to grow at 7% CAGR to reach $36 trillion by the...PR Newswire
Tue, Dec 16
Australia's Electro Optic Systems extend gains following contract win; Canaccord upgrades
Shares of Electro Optic Systems EOS.AX up as much as 13.5% to A$7.335, their highest level since Oct 14Shares of defense tech co extend gains after entering into $80 million 100kW High Energy Laser Weapon (HELW) contract with a customer in the Republic of KoreaCanaccord Genuity upgrades the stock t...Reuters
Tue, Dec 16
EXPLAINER-How US marijuana reclassification could help cannabis companies
Dec 15 (Reuters) - U.S. President Donald Trump said he is considering signing an executive order to reclassify marijuana as a less dangerous drug, though he offered no timeline for the move.A reclassification could ease criminal penalties and reshape the pot industry by lowering tax burdens and maki...Reuters
Tue, Dec 16
Post-Bell | Wall St Closes Lower; Tesla Jumps 4%; Apple and Amazon Fall 2%; Oracle Drops 3%; Broadcom and Coinbase Sink 6%
01 Stock MarketAs of Dec 16, the U.S. major indexes closed as follows: the Dow Jones Industrial Average down 0.09% at 48416.56; the S&P 500 down 0.16% at 6816.51; and the Nasdaq Composite down 0.59% at 23057.41. Trading was mixed across large-cap tech, semiconductors, and crypto-linked equities, wit...Tiger News
Mon, Dec 15
Frontier Group falls after CEO Barry Biffle exits
Shares of U.S. budget airline Frontier Group ULCC.O down 1.4% at $5.68 after the bellCo announces the departure of longtime CEO Barry Biffle with immediate effect, will remain in an advisory position until December 31Appoints co's president, James Dempsey, as interim CEO; he has overseen the car...Reuters
Mon, Dec 15
Korea Zinc to build $7.4 billion US minerals refinery with Trump's support
Korea Zinc to sell $1.9 billion shares to US-backed venture Pentagon to hold 40% stake in joint ventureTop investors slam plan for trying to cement chair's influenceKorea Zinc's shares jump as much as 26%, end up 5%By Hyunjoo Jin, Heejin Kim and Ernest Scheyder SEOUL, Dec 15 (Reuters) - K...Reuters
Mon, Dec 15
GLOBAL MARKETS-Global stock index dips ahead of key US data, central bank decisions
Equities slip as investors take a breath ahead of big weekCentral banks including ECB, BOJ, BOE, Riksbank and Norges Bank due to meetInvestors await delayed US data including jobs and inflationBitcoin falls over 2%, US crude futures settle down 1%By Sinéad Carew and Lawrence White NEW YORK/ LONDO...Reuters
Mon, Dec 15
Kodiak Sciences drops after stock deal unveil
Shares of eye-drug developer Kodiak Sciences KOD.O down 4.4% in extended trading to $22 as it looks to raise equityPalo Alto, California-based precommercial biotech commences 6 mln share offeringJP Morgan, Jefferies, Evercore and UBS are joint bookrunnersKOD shares fell for 5th-straight session on M...Reuters
Mon, Dec 15
TRADING DAY-Payrolls, Fed jitters mount
By Jamie McGeever ORLANDO, Florida, Dec 15 (Reuters) - Caution weighed on Wall Street on Monday as investors awaited Tuesday's U.S. jobs report, while underlying selling pressure and uncertainty over who will be nominated to replace Federal Reserve Chair Jerome Powell eroded earlier gains in ...Reuters
Mon, Dec 15
CANADA STOCKS-TSX ends lower for second day as oil prices fall
TSX ends down 0.1%, at 31,843.44Inflation rate holds at 2.2% in NovemberEnergy falls 1.4% as oil settles 1.1% lowerFinancials gain 0.5%By Fergal Smith Dec 15 (Reuters) - Canada's main stock index edged lower on Monday as a drop in oil prices weighed on energy shares and despite domestic infla...Reuters
Mon, Dec 15
B. Riley jumps after reporting Q2 profit, overdue 10-Q filing
Investment bank B. Riley Financial's RILY.O shares jump 12.9% to $4.20 in extended tradingRILY reports Q2 profit of $137.5 million, compared with a loss of $435.6 million a year earlierBank also filed its overdue Q2 10-Q with the U.S. Securities and Exchange Commission, keeping the stock from be...Reuters
Mon, Dec 15
Kyverna Therapeutics falls on $100 mln stock sale plans
Kyverna Therapeutics' KYTX.O shares down 6.9% in extended trading to $10.08 following planned equity raise news Emeryville, California-based KYTX announces proposed $100 mln stock offering KYTX stock surged 23.2% to close at $10.82 on Mon after co said its experimental cell therapy, miv-ce...Reuters
Mon, Dec 15
US STOCKS-Wall St closes lower as investors position for busy week of data
Indexes close lower: Dow 0.09%, S&P 0.16%, Nasdaq 0.59%Key jobs, inflation reports due this weekHassett's Fed candidacy opposed, CNBC reportsBy Abigail Summerville and Johann M Cherian Dec 15 (Reuters) - Wall Street closed lower on Monday as investors braced for a slew of economic data la...Reuters
Mon, Dec 15
LIVE MARKETS-Stocks end modestly lower ahead of payrolls
Major US indexes end lower; Nasdaq down 0.6%Healthcare leads sector gains; tech weakest groupDollar dips; crude down >1%, bitcoin down ~3%; gold ~flatUS 10-Year Treasury yield edges down to ~4.18%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sh...Reuters
Mon, Dec 15
Immunome dips after launching $400 mln stock offering
Shares of biotech co Immunome IMNM.O fall 2% post-market to $22.19 as it seeks equity Bothell, Washington-based IMNM commences $400 mln stock offering IMNM shares closed up 15.7% at $22.64 on Mon after co said its experimental drug, varegacestat, met main goal in late-stage study for...Reuters
Mon, Dec 15
US STOCKS-Wall St closes lower as investors position for busy week of data
IRobot plunges after filing for bankruptcy Key jobs, inflation reports due this weekHassett's Fed candidacy opposed, CNBC reportsBy Abigail Summerville and Johann M Cherian Dec 15 (Reuters) - Wall Street closed lower on Monday as investors braced for a slew of economic data later th...Reuters
Mon, Dec 15
Pfizer shares up ahead of co analyst and investor call Tuesday
Shares of Pfizer PFE.N are up 2.9% on Mon ahead of the co's analyst and investor call Tuesday to review full-year 2026 financial guidance Analysts expecting Q1 2026 EPS of 77 cents and FY 2026 EPS of $3.05, per LSEG data Stock is helping to support the S&P 500 healthcare index...Reuters
Mon, Dec 15
