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Three Major US Stock Index Futures Rise Over 1% in Asian Trading, Easing Geopolitical Expectations Drive Market V-Shaped Reversal
TradingKey - Driven by a rapid reversal in geopolitical expectations, global market sentiment has seen a marked recovery. Futures on the three major US stock indices strengthened collectively during the Asian trading session, with gains expanding to over 1%, as risk assets staged a phased rebound.
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an hour ago
RPT-Indian gas maker INOX Air Products plans $1 billion IPO, appoints bankers, sources say
India's IPO market sentiment subdued but big IPOs lined upINOX Air Products plans draft prospectus within a monthHired Kotak, JPMorgan and Citi to manage the IPOReliance Jio Platforms, NSE expected to go public this year By Vibhuti Sharma MUMBAI, March 30 (Reuters) - Indian industrial and med...Reuters
26 minutes ago
24H | Allbirds Rockets 24% as American Exchange Group to Buy the Sneaker Maker; Storage Shares Rebound with SanDisk, Seagate Tech up Around 1%
Allbirds stock rose 24% in overnight trading. American Exchange Group (AXNY) entered an agreement on Monday to buy all the assets and liabilities of footwear maker Allbirds for $39 million.Storage shares rebounded in overnight trading. Rambus, Everpure up over 2%; SanDisk, Seagate Tech up around 1...Tiger News
51 minutes ago
5 Singapore Blue-Chip Stocks Are Worth Holding Them for Decades
Investors sometimes try to predict when they can buy at the optimal price in order to achieve the best returns.However, holding stocks of high-quality companies for the long term is often the key to achieving long-term wealth accumulation.The challenge lies in determining which blue-chip companies s...Tiger News
53 minutes ago
High-Flying Chip Stocks Bear Brunt of Iran War Risk-Off Trade
Investors are bracing for an extended conflict in the Middle East by selling technology stocks, which had been among the market's strongest performers in recent months.Memory chipmaker Micron Technology Inc. fell 9.9% on Monday. Among its peers, Samsung Electronics Co. dropped nearly 5%, while SK Hy...Tiger News
2 hours ago
Japan's Nikkei treads water, set to lose 11% in March as Mideast war drags on
TOKYO, March 31 (Reuters) - Japan's Nikkei share average limped along on Tuesday, and was on track for a steep monthly decline, as the ongoing Middle East conflict weighed on sentiment.The benchmark Nikkei 225 Index .N225 edged up 0.02% to 51,896.91, reversing early losses, but was set to fall m...Reuters
2 hours ago
Spot Gold Climbs 2.24% to $4,612/Oz Amid Reports of Potential Iran Conflict Resolution and Fed's Cautious Stance
Gold extended its gains for a second consecutive day, bolstered by reports indicating U.S. President Donald Trump's openness to conclude hostilities with Iran without insisting on the reopening of the Strait of Hormuz, alongside Federal Reserve remarks that tempered expectations for interest rate hi...Tiger News
2 hours ago
GLOBAL MARKETS-Brent crude set for record monthly gain; Asia shares falter as Iran war rages
Trump tells aides he is willing to end Iran war without reopening Hormuz - WSJU.S., European futures turn higher; Asia shares still struggleBrent crude set for record monthly riseBy Rae Wee SINGAPORE, March 31 (Reuters) - Oil prices on Tuesday were set for a record monthly rise while Asian shares...Reuters
3 hours ago
Wuling Motors (00305.HK) Reports 56% Surge in Profit in 2025, Driven by Steady Auto Parts Growth and Emerging Momentum in Autonomous Vehicles
According to ZhitongFinance App, despite mounting challenges in 2025, including aggressive price cuts by Chinese OEMs and intensifying competition, Wuling Motors (00305.HK) delivered a resilient performance underpinned by a diversified business portfolio and effective strategy execution. During the reporting period, Wuling Motors (the Group) recorded a total revenue of RMB 8.25 billion, representing a year-on-year increase of 3.8%. Its net profit reached RMB 172 million, up 54.3% year-on-year, while the profit attributable to shareholders amounted to RMB 78.99 million, marking a year-on-year increase of 56.0% and suggesting a notable improvement in overall profitability.As the Group’s “anchor” business, the automotive parts segment achieved a full-year revenue of RMB 5.788 billion, representing a year-on-year increase of 6.0%. The operating profit from this segment rose to RMB 185 million, up 20.3% year-on-year. Within its existing business foundation, the Group continued to expand new business with core customers including SGMW, Chery and Great Wall Motors, and secured 61 product supply orders across multiple key models of SGMW. For incremental markets, the Group successfully entered the supply chain systems of eight OEMs, including Seres AITO, SAIC Maxus and GAC Group, while actively engaging with emerging players such as Xpengand Xiaomi on technical solution development. Meanwhile, the automotive power supply system segment turned profitable, delivering a full-year revenue of RMB 1.815 billion, representing a year-on-year increase of 4.5%.The Group continued to optimize its manufacturing footprint, strategically adding two production bases (Rizhao and Wuxi) in China, while advancing the preparation of its Vietnam facility to accelerate penetration into overseas markets, including Southeast Asia. In the high-end sector, the Group’s self-developed products, such as the 194-platform three-in-one electric drive axle and the high-power coaxial axle, achieved meaningful reductions in both cost and weight through highly integrated design. With industry leading NVH performance, these products have been supplied to OEMs including Great Wall Motors, JAC and Changan Kaicheng.Beyond the steady growth of its core businesses, Wuling Motors is accelerating its expansion into high-potential emerging segments. The unmanned logistics industry is currently transitioning from technical validation to large-scale commercialization, while facing challenges related to mass production capabilities and increasingly stringent regulatory requirements.These challenges underscore the Group’s core competitive strengths. The Group holds a market share exceeding 50% in key chassis components such as drive axles for urban logistics vehicles. Leveraging years of experience supplying urban and inter-city commercial vehicles, the Group has established mature technical pathways, sufficient production capacity and effective cost control that meet the cost reduction demands of logistics operators. In addition, the Group has comprehensive automotive-grade R&D and system integration capabilities.Building on its deep technical expertise and market insight, Wuling Motors established YuancoreDrive in November 2025, focusing on the R&D, production and system integration of drive-by-wire chassis and low-speed intelligent autonomous vehicles. A series of products has since been developed, and a strategic cooperation agreement has been signed with DesayBattery to accelerate commercialization.By further strengthening its traditional businesses while deepening its presence in emerging segments, Wuling Motors has established a clear growth matrix guided by its diversification strategy. As the automotive industry undergoes rapid transformation, the Group is charting a distinctive upgrade path, supported by its technological capabilities and manufacturing strengths.31/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
3 hours ago
Real Estate trust Fibra Park Life raising nearly $15 million in Mexican IPO
MEXICO CITY, March 30 (Reuters) - Fibra Park Life, a Mexican real estate investment trust specializing in rental housing, on Monday said it was raising 268 million Mexican pesos ($14.8 million) in an initial public offering on Mexico's stock exchange.The trust, with the ticker symbol PLIFE26, sa...Reuters
3 hours ago
Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port
A Kuwaiti oil tanker carrying a full load of crude was struck by Iran while anchored at Dubai's port, resulting in hull damage and a fire on board, according to a statement from state-run Kuwait Petroleum Corp.The attack on the very large crude carrier Al-Salmi occurred shortly after midnight local ...Tiger News
3 hours ago
US Defense Secretary Hegseth's Broker Looked to Buy Defense Fund Before Iran Attack
A broker for U.S. Defense Secretary Pete Hegseth attempted to make a big investment in major defense companies in the weeks leading up to the U.S.-Israeli attack on Iran, the Financial Times reported on Monday, citing three people familiar with the matter.Reuters
3 hours ago
Real Estate trust Fibra Park Life raising nearly $15 million in Mexican IPO
MEXICO CITY, March 30 (Reuters) - Fibra Park Life, a Mexican real estate investment trust specializing in rental housing, announced on Monday that it was raising 268 million Mexican pesos ($14.81 million) in its initial public offering on Mexico's stock exchange.The trust, with the ticker symbol...Reuters
3 hours ago
Australia's Collins Foods slides to nine-month low on Taco Bell exit move
Shares of Collins Foods CKF.AX fall as much as 3.8% to A$8.450, their lowest level since June 24Stock down 3% at A$8.52, as of 0050 GMT; on track for its worst session in one week Co says it would transfer 20 of its 27 Taco Bell restaurants in the country to an affiliate of Yum Brands YUM.NSays rema...Reuters
3 hours ago
Today’s Market Recap: Powell Sends Dovish Signal, US Stocks Open High and Close Low, Dollar Index Rises for Fifth Straight Day
TradingKey - As Middle East hostilities continue to escalate, the market sold off on rallies despite Powell’s dovish signals indicating that rate cuts remain the primary theme for the year. The Nasdaq Composite closed down 0.73%, the S&P 500 fell 0.39%, while the Dow Jones rose 0.11%.
TradingKey
3 hours ago
Trump Tells Aides He’s Willing to End War Without Reopening Hormuz
President Trump has indicated he’s willing to end the U.S. military campaign against Iran, even if the Strait of Hormuz remains largely closed. U.S. officials say Trump wants to achieve key goals, such as crippling Iran’s navy and missile stockpiles, before winding down hostilities. The U.S. would t...Tiger News
3 hours ago
