News
Important Only
Stocks
IT TECH PACKAGING ANNOUNCES PRICING OF $1.4 MILLION PUBLIC OFFERING
BAODING, China, May 13, 2025 /PRNewswire/ -- IT Tech Packaging Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the pricing of a public offering of 6,899,500...PR Newswire
Tue, May 13
Economic Indicator
China's JD.com beats quarterly revenue estimates
May 13 (Reuters) - Chinese e-commerce retailer JD.com 9618.HK topped market estimates for quarterly revenue on Tuesday, in a sign of steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment. Consumer demand in China has faced a series of hurdles in recent year...Reuters
Tue, May 13
Other
Angola's $1 bln loan from JPMorgan cost below 9%, finance ministry says
By Miguel Gomes LUANDA, May 13 (Reuters) - A loan to Angola from JPMorgan, which was the subject of a $200 million margin call during a market selloff caused by U.S. trade tariffs, cost just below 9%, the finance ministry said.This was less than what the country would have paid for conventional d...Reuters
Tue, May 13
Cryptocurrencies
Meme Coin กระทิงดุ! MIND of Pepe ยอดระดมทุนทะลุ $9 ล้าน
ท่ามกลางสัญญาณบวกจากการผ่อนคลายสงครามการค้าระหว่างสหรัฐอเมริกาและจีน บรรยากาศของตลาด Meme Coin กลับมาเป็นเชิงบวกอีกครั้ง โดยมูลค่าตลาดโดยรวมเพิ่มขึ้นยืนเหนือ 71,000 ล้านดอลลาร์ แม้จะยังอยู่ในช่วงพรีเซลล์ แต่ Meme Coin อย่าง “MIND of Pepe” ได้เปิดตัวแล้วเมื่อวันที่ 10 พฤษภาคม 2025 ที่ผ่าน...Bitcoinist
Tue, May 13
Other
ITeos, GSK discontinue lung cancer therapy development
May 13 (Reuters) - iTeos Therapeutics ITOS.O and partner GSK GSK.L said on Tuesday that they terminated the development of their experimental lung cancer therapy after its failure to significantly improve progression free survival in a mid-stage trial.Reuters
Tue, May 13
Other
QUOTES-Kim Kardashian gives evidence in Paris jewellery heist trial
PARIS, May 13 (Reuters) - Celebrity billionaire Kim Kardashian on Tuesday gave evidence in the trial of a gang dubbed the "grandpa robbers" accused of stealing jewellery worth millions of euros from her at gunpoint during Paris Fashion Week in 2016.Here is what she told the court, while at t...Reuters
Tue, May 13
Other
EXCLUSIVE-Trump envoys Witkoff and Kellogg to travel to Turkey for Russia-Ukraine talks, sources say
WASHINGTON/RIYADH/ANTALYA, May 13 (Reuters) - U.S. President Donald Trump's senior envoys Steve Witkoff and Keith Kellogg will travel to Istanbul for potential talks on Thursday on how to end Russia's war in Ukraine, three sources familiar with the plans said on Tuesday.Reuters
Tue, May 13
Stocks
Infosys and LTA Sign Strategic Technology Partnership for the Historic Tournament at Queens Club, London
The multi-year engagement will leverage Infosys Topaz to deliver a range of AI-powered innovations, including match insights and immersive fan experiences BENGALURU, India, May 13, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services...PR Newswire
Tue, May 13
Other
Borletti Group buys minority stake in U.S. denim brand True Religion
MILAN, May 13 (Reuters) - Borletti Group has acquired a minority stake in U.S. denim and casual wear brand True Religion, the investment firm, which has stakes in department stores Rinascente and Printemps, said on Tuesday.The financial terms of the transaction were not disclosed. True Religion is c...Reuters
Tue, May 13
Stocks
Venture Global falls on lower annual core profit forecast, Q1 profit miss
** Shares of LNG producer Venture Global VG.N fall 5.7% to $9.35 premarket ** Company lowers FY 2025 core profit forecast and reports a Q1 core profit that missed analysts' expectations ** VG cuts current-year core profit forecast to be between $6.4 billion and $6.8 billion, compared with pr...Reuters
Tue, May 13
Forex
CAD trading defensively as wider yield spreads remain a drag – Scotiabank
The Canadian Dollar (CAD) is entering Tuesday’s NA session with a marginal decline vs. the US Dollar (USD) as it continues to trade defensively in the aftermath of Monday’s broad-based USD rally, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, May 13
Other
Apple Works With Startup Synchron On New Brain Computer Interfaces To Help Disabled People Use Its Devices - WSJ
May 13 (Reuters) - APPLE WORKS WITH STARTUP SYNCHRON ON NEW BRAIN COMPUTER INTERFACES TO HELP DISABLED PEOPLE USE ITS DEVICES - WSJSource text: https://tinyurl.com/2cfan2znReuters
Tue, May 13
Stocks
Ameren edges down after $522 mln stock offering priced
** Shares of utility co Ameren Corp AEE.N down 0.6% at $94.88 on light premarket volume after overnight follow-on priced ** St. Louis, Missouri-based Ameren late Mon announced ~5.6 mln shares at $94 for total deal size of ~$521.7 mln as part of forward sale ** Offering priced at 1.5% di...Reuters
Tue, May 13
Indices
USD soft but holding on to recent gains ahead of inflation data – Scotiabank
The US Dollar (YSD) is trading softly against a narrow set of G10 currencies but holding on to the bulk of its recent gains as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, May 13
Stocks
Wells Fargo raises Knife River on better 2025 revenue outlook
** Wells Fargo raises price target on construction materials and contracting service provider Knife River Corp KNF.N to $114 from $102, an upside of 14.6% to last close** Says ramping of localized production and increased end-market demand with federal funding in place are key factors driving co for...Reuters
Tue, May 13
Other
BNP shareholders approve age limit increase for CEO Bonnafe
Shareholders approve CEO age limit increase to 68Bonnafe's tenure could extend to 2031BNP shares have underperformed peers, up 54% over three yearsBy Mathieu Rosemain PARIS, May 13 (Reuters) - BNP Paribas BNPP.PA shareholders voted on Tuesday to raise the age limit for the role of CEO, effect...Reuters
Tue, May 13
Other
China asks food delivery giants to compete fairly
BEIJING, May 13 (Reuters) - Chinese authorities held meetings with the country's food delivery service providers including JD.com 9618.HK, Meituan 3690.HK and Alibaba's 9988.HK Ele.me to discuss competition in the sector, the country's market regulator said on Tuesday.The companies were ...Reuters
Tue, May 13
Stocks
Cullinan Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Cullinan Therapeutics Inc CGEM.OQ reported a quarterly adjusted loss of 74 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -86 cents. The mean expectation of nine analysts for the quarter was for a loss of 80 cents per share...Reuters
Tue, May 13
Commodities
RPT-COLUMN-Trade truce won't resurrect China's imports of US energy: Russell
By Clyde Russell LAUNCESTON, Australia, May 13 (Reuters) - The move by the United States and China to reduce import tariffs on each other and negotiate has been broadly welcomed by markets, but the de-escalation will do very little to restore the trade in energy commodities.The truce between the ...Reuters
Tue, May 13
