News
Important Only
Japan stocks soar to record, super-long bonds steady in nod to Takaichi's 'responsible' stimulus
Lower house supermajority gives sweeping power to pass billsTakaichi has pledged massive fiscal spending, food tax reliefYen's knee-jerk slide met with intervention warnings from TokyoBy Kevin Buckland TOKYO, Feb 9 (Reuters) - Japanese stocks swept to all-time peaks while super-long bonds qui...Reuters
22 minutes ago
Australia's Pepper Money soars on $815 million bid from Challenger, major shareholder
Shares jump over 33% in record intraday percentage gainOffer price A$2.60/share, a 47.7% premium to last closeBoard grants exclusivity for due diligenceBy Kumar Tanishk and Rajasik MukherjeeFeb 9 (Reuters) - Australia's Pepper Money PPM.AX received a takeover offer from investment manager Challe...Reuters
25 minutes ago
Innovent Biologics jumps most in five months on Eli Lilly deal
Shares of Innovent Biologics 1801.HK jump 8.6% to HK$86.3, set for its biggest one-day pct gain since September 1Innovent has struck a new deal with Eli Lilly LLY.N to develop immunology and oncology drugs, under which the U.S. drugmaker will pay $350 mln upfront and as much as $8.5 bln more if mile...Reuters
26 minutes ago
MORNING BID EUROPE-Japan markets welcome chance of a long-stay PM
A look at the day ahead in European and global markets from Wayne Cole.So, something political markets actually like. Japan's first female Prime Minister Sanae Takaichi knocked it out of the park in the election, sparking a 4.5% rally in the Nikkei to all-time highs. Indeed, the index broke 55,0...Reuters
36 minutes ago
24H | Eli Lilly Stock Jumps Nearly 2% as Lilly Inks Deal with Innovent to Speed Up Early Drug Development
Eli Lilly is paying $350 million upfront to collaborate with Chinese biotech Innovent Biologics Inc. in developing new treatments for cancer and immune disorders, a further vote of confidence for the innovation capabilities of the country’s drugmakers.Shares of Eli Lilly rose 1.83% in overnight trad...Tiger News
an hour ago
GLOBAL MARKETS-Asia stocks rally as Nikkei jumps, chip sector rebounds
Nikkei jumps over 4%, Wall Street futures edge up Japan election result opens door to debt-driven stimulus Raft of US data to test market bets for June rate cutSilver steadies after wild swings, oil slips on Iran talksBy Wayne Cole SYDNEY, Feb 9 (Reuters) - Asian markets jumped on Monday as a res...Reuters
an hour ago
Australian tech shares mirror a rebound in Wall Street software stocks
Australian technology stocks .AXIJ bounce back to rise 3.3%, set for their strongest session since January 23 Sub-index up tracking a strong overnight run by Wall Street tech stocks, with software companies rebounding from recent losses, and chipmakers rallying after Amazon forecast a sharp increase...Reuters
2 hours ago
India's shrimp exporter stocks extend gains after interim framework for US trade deal
Shares of Indian shrimp exporters rise between 3.5% and 8%Coastal Corporation COAS.NS up 3.5%, Avanti Feeds AVNT.NS gains 5.8% and Apex Frozen Foods APEX.NS climbs 8%Shares extend gains after U.S., India release interim framework for trade deal that lowers tariff rate on Indian exports to 18%U.S. is...Reuters
2 hours ago
Investing in Singapore Stocks: A Beginner's Guide
New investors may be intimidated by the numerous investment options available: the stock market of Singapore alone encompasses approximately 600 companies.Unfortunately, some people make this mistake: they rashly try out high-risk or unfamiliar trading strategies based solely on stock market investm...Tiger News
2 hours ago
Australia's PC Gold drops on discounted placement
PC Gold PC2.AX falls 2.1% to A$0.705, set for its worst day since Jan 30Mineral explorer receives firm commitments to raise A$24 million ($16.85 million) via placementIssue price of A$0.65 per share represents a discount of 9.7% to co's last closeFunds raised will be used to accelerate the upgra...Reuters
3 hours ago
METALS-Copper climbs on dip-buying, softer dollar
Feb 9 (Reuters) - Copper rose on Monday, as investors bought the dip after a volatile week, and the dollar turned softer.The most-active copper contract on the Shanghai Futures Exchange SCFcv1 rose 1.78% to 101,780 yuan ($14,679.24) a metric ton as of 0308 GMT.The benchmark three-month copper on the...Reuters
3 hours ago
Minth climbs to five-year peak on US robotics joint venture with Leader Harmonious
Shares of auto parts producer Minth Group 0425.HK jump 9.2% to HK$40.46, their highest level since January 2021 Stock marks its biggest intraday pct rise since January 22, and set for a second session of gainsMinth says it will join Leader Harmonious 688017.SS to set up a joint venture in the U.S. ...Reuters
3 hours ago
HMC Capital hits 7-week low; KKR deal derisks earnings but at a cost, says brokerage
Diversified alternative asset manager HMC Capital shares HMC.AX fall as much as 5.5% to A$3.705, their lowest level since December 19KKR-managed KKR.N funds will invest up to A$603 million ($423.73 million) in preferred equity in HMC's Energy Transition PlatformMorgan Stanley notes deal reduces...Reuters
3 hours ago
GLOBAL MARKETS-Asia stocks rally as Nikkei jumps, chip sector rebounds
Nikkei jumps over 4%, Wall Street futures firm LDP majority opens door to debt-driven stimulus Raft of US data to test market bets for June rate cutSilver steadies after wild swings, oil slips on Iran talksBy Wayne Cole SYDNEY, Feb 9 (Reuters) - Asian markets jumped on Monday as a resounding win ...Reuters
3 hours ago
The Week on Wall Street: Market Wavers Between AI Euphoria and Rate Uncertainty
US equities saw mixed performance. S&P 500 up 0.3%, Nasdaq down 0.17%, Dow down 0.42%. Energy led gains on geopolitical tensions. Tech, Materials, Industrials dipped. Consumer Staples rose. Fed held rates steady. Q4 earnings season mixed; megacap tech earnings impacted sentiment. Rotation into smallTradingKey
3 hours ago
Japan stocks surge to record, bonds slide with yen on Takaichi's landslide election win
Lower house supermajority gives sweeping power to pass billsTakaichi has pledged massive fiscal spending, food tax reliefYen's knee-jerk slide met with intervention warnings from TokyoBy Kevin Buckland TOKYO, Feb 9 (Reuters) - Japanese stocks swept to record peaks while bonds slid and the yen...Reuters
4 hours ago
HK Movers | Ascletis Pharma Stock up 8% After GIC Invests US$100M in Company, Anchoring Long-Term Capital in China's Core Innovative Drug Assets
According to disclosure of interests filed with the Hong Kong Stock Exchange (HKEX), the Government of Singapore Investment Corporation (GIC) has acquired an initial stake in Ascletis Pharma (1672. HK). GIC purchased 64,128,000 shares at an average price of approximately HK$12.18 per share, represen...Tiger News
4 hours ago
