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IHC Launches Global Reinsurance Platform Based In ADGM With Strategic Partner BlackRock
May 9 (Reuters) - INTERNATIONAL HOLDING COMPANY IHC.AD:IHC LAUNCHES GLOBAL REINSURANCE PLATFORM BASED IN ADGM WITH STRATEGIC PARTNER BLACKROCKPLATFORM WILL IMPLEMENT A BUY-AND-BUILD STRATEGY, TARGETING INITIAL LIABILITIES EXCEEDING $10 BILLIONINITIAL EQUITY COMMITMENTS ARE EXPECTED TO SURPASS $1 BIL...Reuters
Fri, May 9
Stocks
Pembina Pipeline Corp reports results for the quarter ended March 31 - Earnings Summary
Pembina Pipeline Corp PPL.TO reported quarterly adjusted earnings of 80 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of six analysts for the quarter was for earnings of 79 cents per share. W...Reuters
Fri, May 9
Other
CORRECTED-SMIC to closely monitor tariff's impact on demand, says co-CEO
BEIJING, May 9 (Reuters) - China's top semiconductor foundry SMIC will closely monitor the impact of tariffs on demand, co-CEO Zhao Haijun said on Friday, adding that visibility for the second half was not clear at the moment.Reuters
Fri, May 9
Other
Nvidia modifies H20 chip for China to overcome US export controls, sources say
BEIJING, May 9 (Reuters) - Nvidia NVDA.O plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters.
Reuters
Fri, May 9
Stocks
Japan's Nikkei hits more than one-month high on optimism around trade talks
TOKYO, May 9 (Reuters) - Japan's Nikkei share average hit a more than one-month high on Friday, as risk appetite was lifted by hopes of progress in U.S. trade talks and domestic firms' better-than-expected outlook.The Nikkei .N225 rose 1.49% to 37,478.58 by the midday break, its highest leve...
Reuters
Fri, May 9
Economic Indicator
Japanese Yen rebounds from multi-week low against USD; lacks bullish conviction
The Japanese Yen (JPY) recovers slightly from a four-week low touched against a broadly stronger US Dollar (USD) during the Asian session on Friday, though it lacks any follow-through buying.Fxstreet
Fri, May 9
Commodities
China's first four-month steel exports at record high despite tariff turmoil
BEIJING, May 9 (Reuters) - China's steel exports in April topped 10 million metric tons for a second straight month bringing the total in the first four months to a record high, underpinned by front-loaded shipments ahead of U.S. President Donald Trump's hefty tariffs.Reuters
Fri, May 9
Cryptocurrencies
BNB Price Targets $650 Amid Renewed Market Optimism
BNB price is consolidating above the $605 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading above $612 and the 100-hourly simple moving average. There is a key b...NewsBTC
Fri, May 9
Cryptocurrencies
Forget Dogecoin, Analyst Says Solana Meme Coin “BONK” Is About To Explode
BONK, the Solana meme coin, has been silent for a while, but an interesting technical analysis suggests something interesting might be brewing for its price action. Over the past few weeks, the meme coin has displayed an increasingly bullish structure, with its price reclaiming a key support level a...Bitcoinist
Fri, May 9
Cryptocurrencies
Bitcoin Resistance Limited Beyond $100,000, On-Chain Data Suggests
On-chain data suggests Bitcoin may encounter low resistance at $100,000 and beyond, at least from the perspective of investor cost basis distribution. A Low Amount Of Bitcoin Supply Has Cost Basis At Levels Ahead In a new post on X, institutional DeFi solutions provider Sentora (formerly IntoTheBloc...NewsBTC
Fri, May 9
Other
PRESS DIGEST - Wall Street Journal - May 9
May 9 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. real estate firm CoStar CSGP.O will acquire Domain DHG.AX for A$3 billion ($1.92 billion), including debt, the Australian property listi...Reuters
Fri, May 9
Stocks
UK Stocks-Factors to watch on May 9
May 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.30%.* IAG: The United States said on Thursday Britain would purchase $10 billion of Boeing jets and industry sources mentioned that British Airways owner IAG ICAG.L would also buy some 30 j...Reuters
Fri, May 9
Economic Indicator
NZD/USD breaks below 0.5900, remains subdued following China’s trade data
The NZD/USD pair continues its downward trajectory for the third consecutive session, hovering near 0.5890 during Friday's Asian trading hours. The decline follows the release of China's latest trade data, which pointed to a slowdown in external demand.
Fxstreet
Fri, May 9
Other
Taiwan president says he looks forward to building on ties with Vatican
TAIPEI, May 9 (Reuters) - Taiwan President Lai Ching-te said on Friday that he looked forward to building on the island's diplomatic ties with the Vatican, following Pope Leo's election."On behalf of Taiwan's government & people, I sincerely congratulate Pope Leo XIV and wish His...Reuters
Fri, May 9
Technical Analysis
US Dollar Index (DXY) consolidates near 100.50 area, just below multi-week high
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, enters a bullish consolidation phase after touching a nearly one-month top, around the 100.85 region during the Asian session on Friday.Fxstreet
Fri, May 9
Stocks
MORNING BID EUROPE-US-China talks stir hope, and scepticism
A look at the day ahead in European and global markets from Kevin BucklandWithout doubt, markets are more optimistic now about a thaw in global trade tensions than they were two weeks ago, when the administration of U.S. President Donald Trump first started hinting at a de-escalation with China.But ...Reuters
Fri, May 9
Stocks
Definity Financial Corp reports results for the quarter ended March 31 - Earnings Summary
Definity Financial Corp DFY.TO reported quarterly adjusted earnings of 65 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range fro...Reuters
Fri, May 9
Cryptocurrencies
Why Is Dogecoin And Shiba Inu Surging Today?
Dogecoin and Shiba Inu are surging today, providing a bullish outlook for the foremost meme coins, which have traded sideways for a while now. This price surge has come following developments on the macro side, which have provided some form of market clarity. Why Dogecoin And Shiba Inu Are Surging T...Bitcoinist
Fri, May 9
