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Citigroup names Rob Chan to lead Asia ECM syndicate, memo says
SYDNEY, March 6 (Reuters) - Citigroup C.N has appointed Rob Chan as the head of its equity capital markets syndication business for Asia, according to a memo reviewed by Reuters. Chan has been with Citigroup since 2003 and most recently led its Asia Pacific equity-linked origination unit. He will ke...Reuters
Thu, Mar 6
Commodities
Global aluminium producer seeks Q2 premium of $260/T from Japan buyers, sources say
TOKYO, March 6 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $260 per metric ton for April-June primary metal shipments, up 14% from the current quarter, two sources directly involved in pricing talks said this week. Japan is a major Asian importer of the metal and...Reuters
Thu, Mar 6
Stocks
Zscaler (ZS) Q2 2025 Earnings Call Transcript
Image source: The Motley Fool.Zscaler (NASDAQ: ZS)Q2 2025 Earnings CallMar 05, 2025, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and thank you for standing by. Welcome to the Zscaler second quarter 2025 earnings call. At this ...The Motley Fool
Thu, Mar 6
Other
Japan PM Ishiba says high US tariffs make investment difficult
TOKYO, March 6 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Thursday that high tariffs imposed by U.S. President Donald Trump's administration would make investments in the United States difficult. Japanese companies need to generate the funds for U.S. investments, so "high tar...Reuters
Thu, Mar 6
Commodities
PRESS DIGEST-British Business - March 6
March 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesBritish real estate services provider Balfour Beatty BALF.L on Wednesday named Philip Hoare as its new CEO, replac...Reuters
Thu, Mar 6
Stocks
Chipmaker Marvell forecasts in-line Q1 revenue, but its shares slump
By Priyanka G and Max A. Cherney March 5 (Reuters) - Marvell Technology MRVL.O forecast first-quarter revenue in line with Wall Street estimates on Wednesday, but the chipmaker's shares plunged 15% in extended trading as it failed to excite investors who had expected stronger artificial inte...Reuters
Thu, Mar 6
Commodities
METALS-LME copper hits near three-week high on dollar pullback, China stimulus hopes
March 6 (Reuters) - London copper touched a near three-week high on Thursday, spurred by a sharp pullback in the U.S. dollar and hopes for more stimulus from top consumer China.Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.4% to $9,624 a metric ton, as of 0154 GMT, its highest l...Reuters
Thu, Mar 6
Other
Trump to order abolishment of Department of Education, WSJ reports
March 5 (Reuters) - President Donald Trump is expected to issue an executive order aimed at abolishing the U.S. Department of Education, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The order may come as soon as Thursday, the newspaper said.Reuters
Thu, Mar 6
Commodities
RUBBER-Japan futures hit 3-1/2-month low on tariff concerns
SINGAPORE, March 6 (Reuters) - Japanese rubber futures hit a 3-1/2-month low on Thursday, pressured by fears of a trade war between the United States and top rubber consumer China, although tariff reprieves for some automakers cushioned the fall. The Osaka Exchange (OSE) August rubber contract JRU...Reuters
Thu, Mar 6
Stocks
Aecon Group Inc reports results for the quarter ended December 31 - Earnings Summary
Aecon Group Inc ARE.TO reported quarterly adjusted earnings of 21 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of nine analysts for the quarter was for earnings of 41 cents per share. Wal...Reuters
Thu, Mar 6
Stocks
CK Hutchison extends gains to hit nearly 2-year high on ports deal
** Hong Kong conglomerate CK Hutchison 0001.HK jumps 10.7% to HK$52.15, highest since May 2023** On Wednesday, stock gained 21.9% on sale of its Panama Canal stake to BlackRock BLK.N** Stock third biggest pct gainer on Hang Seng Index .HSI, which is up 2.3%** Donald Trump hailed deal led by BLK to b...Reuters
Thu, Mar 6
Forex
Australia, NZ dollars hit 1-week highs amid tariff reprieve, euro strength
SYDNEY, March 6 (Reuters) - The Australian and New Zealand currencies clung onto gains on Thursday after the U.S. offered some tariff relief for automakers, while the surprising strength of the euro pinned the greenback at four-month lows. The Aussie AUD=D3 rose 0.3% to hit a one-week high of...Reuters
Thu, Mar 6
Other
A Group Including CEOs Of HP, Intel, IBM And Qualcomm Has Discussed Meeting With Trump Administration On Monday - Bloomberg News
March 5 (Reuters) - Hewlett Packard Enterprise Co HPE.N:A GROUP INCLUDING CEOS OF HP ., INTEL ., IBM AND QUALCOMM HAS DISCUSSED MEETING WITH TRUMP ADMINISTRATION ON MONDAY - BLOOMBERG NEWSSource text: https://tinyurl.com/53vn9nbeReuters
Thu, Mar 6
Forex
FOREX-Euro hits 4-month peak, dollar soggy on German spending and tariff reprieve
Beijing's pledge of more stimulus supports yuan, AussieRisk-sensitive sterling rises to 4-month highEuro up 4% this week, set for best week in 5 yearsBy Kevin Buckland TOKYO, March 6 (Reuters) - The euro extended four-month highs to the U.S. dollar on Thursday, following a surge in European b...Reuters
Thu, Mar 6
Stocks
Trump exempts some automakers from Canada, Mexico tariffs for one month
WASHINGTON/OTTAWA, March 5 (Reuters) - U.S. President Donald Trump will exempt automakers from his punishing 25% tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules, the White House said on Wednesday, a development that halted at least for now Wall StreetReuters
Thu, Mar 6
Stocks
Parkland Corp reports results for the quarter ended December 31 - Earnings Summary
Parkland Corp PKI.TO reported a quarterly adjusted loss of 17 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of eight analysts for the quarter was for earnings of 62 cents per share. Wall St...Reuters
Thu, Mar 6
Other
Trump plans executive order to strengthen US shipbuilding, blunt China domination
Plans call for new trust to offer shipbuilding incentivesBiden administration probe found unfair Chinese practicesFees on imports on Chinese-made ships to fund effortBy Lisa Baertlein and Andrea Shalal LOS ANGELES/WASHINGTON, March 5 (Reuters) - The U.S. plans to levy fees on imports arriving on ...Reuters
Thu, Mar 6
Other
Senate Republicans push to codify DOGE cuts after Musk meeting
WASHINGTON, March 5 (Reuters) - U.S. Senate Republicans pushed for the U.S. Congress to codify spending cuts identified by billionaire Elon Musk's Department of Government Efficiency on Wednesday, after the Supreme Court declined to let President Donald Trump withhold payments to foreign aid organizReuters
Thu, Mar 6
