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GLOBAL MARKETS-Asia stocks scale new highs, dollar weakens as investors eye Fed cut
Market mood buoyant ahead of Fed decisionAsia shares scale multi-year highsTrump economic adviser Miran gets Senate nod to join Fed boardInvestors eyeing slew of Fed cuts by year-endBy Rae Wee SINGAPORE, Sept 16 (Reuters) - Asia stocks climbed on Tuesday while the dollar fell as investors bet the...Reuters
4 minutes ago
BREAKINGVIEWS-Budweiser brews some sobering mega-deal lessons
By Aimee Donnellan DUBLIN, Sept 16 (Reuters Breakingviews) - Combining Budweiser and Miller Lite was an audacious and, ultimately toxic, concoction. A decade ago, Anheuser-Busch InBev ABI.BR under then-CEO Carlos Brito agreed to buy its closest rival, SABMiller, for $110 billion in a merger that...Reuters
9 minutes ago
Chowchow Cloud Announces Pricing Of IPO Of 2.6 Million Ordinary Shares At $4 Per Share
Sept 16 (Reuters) - ChowChow Cloud International Holdings Ltd CHOW.A:CHOWCHOW CLOUD ANNOUNCES PRICING OF INITIAL PUBLIC OFFERINGCHOWCHOW CLOUD INTERNATIONAL HOLDINGS LTD - PRICING OF ITS IPO OF 2.6 MILLION ORDINARY SHARES AT A PRICE OF US$4.00 PER SHAREReuters
36 minutes ago
China's lidar maker Hesai shines in Hong Kong debut
** Shares of three-dimensional light detection and ranging (lidar) solutions provider Hesai Group 2525.HK trade as high as HK$244 each in their Hong Kong debut on Tuesday** This is 14.7% higher than their offer price of HK$212.80 ** At lunch break, stock trims some gains to trade at HK$237.2, still ...Reuters
36 minutes ago
MORNING BID EUROPE-Fed opens September meeting with independence under threat
A look at the day ahead in European and global markets from Rae WeeThe U.S. Federal Reserve kicks off its two-day policy meeting later on Tuesday where an interest rate cut is all but priced in, at a time when the central bank faces unprecedented pressure from the White House over the direction of m...Reuters
39 minutes ago
BREAKINGVIEWS-A Starbucks China sale will be bittersweet
By Ka Sing Chan HONG KONG, Sept 16 (Reuters Breakingviews) - Starbucks SBUX.O may find coffee is better for two in China. CEO Brian Niccol has received bids valuing his firm's operations in the People's Republic at $5 billion - which values the enterprise at just half the almost 20 times ...Reuters
41 minutes ago
India's NCC climbs after bagging 20.91 billion rupee-order
** Indian construction firm NCC NCCL.NS gains as much as 4.8% to 222.31 rupees, last up 2.3% ** Co gets order worth 20.91 billion rupees ($237.3 million) to build water infrastructure, including dam structures and irrigation channels in Bihar state ** About 7.8 million shares of NCCL traded, 2.7x th...Reuters
46 minutes ago
PRECIOUS-Gold hits new high as Fed rate-cut hopes dent dollar
Dollar on back foot as traders eye series of Fed rate cutsSPDR Gold Trust holdings rose 0.2% on MondayFed policy statement due on WednesdayBy Brijesh Patel Sept 16 (Reuters) - Gold prices scaled a record peak on Tuesday, supported by a weaker dollar ahead of the Federal Reserve's policy meeti...Reuters
an hour ago
HK Movers | Auntea Jenny Jumps 13% as Franchise Revenue Surges in H1
Auntea Jenny surged more than 13% in Hong Kong.According to Auntea Jenny's previous interim report, referencing a report by Insight Consulting, China's lower-tier cities (Tier-3 and below) are expected to be the largest and fastest-growing segment in the freshly brewed tea market by gross merchandis...Tiger News
2 hours ago
Japan's Nikkei hits record high as tech stocks track Wall Street gains
By Junko FujitaTOKYO, Sept 16 (Reuters) - Japan's Nikkei share average touched a record high on Tuesday, as technology stocks tracked Wall Street's strong overnight finish ahead of the U.S. Federal Reserve's crucial policy meeting later this week. The Nikkei .N225 rose to as high as 45,0...Reuters
2 hours ago
Oracle among firms to enable TikTok to continue operations in US, CBS reporter says
Sept 15 (Reuters) - Oracle ORCL.N is among a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal between the U.S. and China is finalized, CBS News reporter Jennifer Jacobs said in a post on X on Monday.
Reuters
2 hours ago
China carmakers careen towards chip's siren call
By Katrina Hamlin HONG KONG, Sept 16 (Reuters Breakingviews) - China's carmakers are racing to develop smart-driving semiconductors in-house. It's a perilous journey, but even the slim prospect of immense rewards can be too alluring to ignore.Only a handful of companies worldwide have suc...Reuters
2 hours ago
Australia's Metallium hits record high on North American rare earths deal
** Shares of Metallium MTM.AX rise as much as 18.1% to an all-time high of A$1.140** The minerals extractor inks an agreement with North American co Ucore Rare Metals Inc UCU.V ** Agreement allows each party to process each other's feedstocks ** Co says agreement would create the pathway for tak...Reuters
3 hours ago
HK Movers | Bilibili Jumps Another 5% as Its New Game "Three Kingdoms: 100 Generals" Testing Set for October
Bilibili gained another 4.7% on Tuesday in Hong Kong, marking a cumulative gain of 25% in the past six trading days.On September 10, Bilibili unveiled its new strategy-based competitive card game, "Three Kingdoms: 100 Generals" The company also announced that the game is now open for pre-registratio...Tiger News
3 hours ago
Vietnam says minister met LSE, FTSE Russell officials on market upgrade
HANOI, Sept 16 (Reuters) - Vietnam's finance minister met officials from the London Stock Exchange and FTSE Russell to discuss a potential upgrade for the country's stock market status, the government said on Tuesday."Vietnam has tried to meet the FTSE's upgrading criteria," Fina...Reuters
3 hours ago
UPS ACCELERATES INTRA-ASIA TRADE WITH CAPACITY AND SPEED ENHANCEMENTS TO ITS AIR NETWORK
5 weekly flights from Shenzhen-Sydney boost capacity on high-growth trade lane Transit time from Asia and Europe to Australia is now one day faster Next-day delivery and doubled capacity from Vietnam to Mainland China and Hong Kong SAR SINGAPORE, Sept. 16, 2025 /PRNewswire/ -- UPS (NYSE:...PR Newswire
3 hours ago
GLOBAL MARKETS-Asia stocks scale new highs, dollar tentative as investors eye Fed cut
Market mood buoyant ahead of Fed decisionAsia shares scale multi-year highsTrump economic adviser Miran gets Senate nod to join Fed boardInvestors eyeing slew of Fed cuts by year-endBy Rae Wee SINGAPORE, Sept 16 (Reuters) - Asia stocks climbed on Tuesday while the dollar was on the back foot as i...Reuters
3 hours ago
EMERGING MARKETS-Taiwan's dollar and Indonesia's rupiah gain among Asian currencies
Sept 16 (Reuters) - The following table shows rates for Asian currencies against the dollar as of 0210 GMT. CURRENCIES VS U.S. DOLLARCurrencyLatest bidPrevious dayPct MoveJapan yen147.250147.4+0.10Sing dlr1.2801.2803+0.05Taiwan dlr30.13330.228+0.32Korean won1383.9001386.6+0.20Baht31.77531.77-0.0...Reuters
3 hours ago
HK Movers | Hong Kong Stock Connect Concept Stocks Surge With Bayzed Health up 55%, TransThera Sciences up 48%
Hong Kong Stock Connect concept shares continued to rally in Hong Kong. TransThera Sciences surged 48%, soaring over 700% in the past five sessions; Bayzed Health jumped 55%, hitting a new all-time high; and BrainAurora Medical gained more than 17%, doubling in just three trading days.Tiger News
3 hours ago
HK Movers | Yunfeng Financial Plunge 16% After Announcing Placement of 190 Million New Shares
Yunfeng Financial plunged 15.7% in Hong Kong, after announcing the placement of 190 million new shares to fund system upgrades, talent recruitment, and related capital requirements.Yunfeng Financial announced the placement of 191 million shares under a “top-up” arrangement, representing approximatel...Tiger News
3 hours ago
