European stocks fall 0.5% as carmakers slide
European shares opened lower as US tariff threats hit automakers, dragging the STOXX 600 down 0.5%. A proposed 30% US levy and €21bn EU countermeasures.
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Japan bought yen and sold dollars, driving the yen up about 3%. Traders now await whether further intervention or coordinated action will follow.
European shares opened lower as US tariff threats hit automakers, dragging the STOXX 600 down 0.5%. A proposed 30% US levy and €21bn EU countermeasures.
Nearly 3,000 evacuated after Mayon eruptions blanketed Albay in ash, halting quarrying and tourism and straining local livelihoods and public services.
Vietnam inflation rose in April after a global energy-price shock, boosting transport and production costs and lowering chances of a June Fed rate cut.
Pershing Square's dual listing includes bonus shares for private placers and about $2.8bn in commitments. Pershing Square USA is priced at $50 a share and targets $5-10bn.
iCapital launched iCapital Marketplace, a platform linking advisers and wealth managers to alternative funds, automating subscriptions, capital calls and reporting.
AI surge and an energy shock from the Middle East are creating opposing pressures on trade, investment and inflation, reshaping global growth patterns.
Schroders: investment-grade emerging market bond spreads over US Treasuries fell below 100bps in August 2025; local-currency EM bonds up 13.8% YTD.
Profile of Aleksey Mironenko at Leo Wealth and his role in growing Premia to Hong Kong's 8th-largest ETF provider, focusing on cost-efficient portfolios.
Crude topped $110 and futures put the chance of a Fed rate rise by end-2026 just above 50%. Rising energy costs are pushing markets toward tighter policy.
RemeGen gets a US$650m upfront from AbbVie for RC148, retaining development and commercial rights in Greater China to fund local trials and launch.
Copper slips 0.8% to $10,331 as traders reshuffle positions ahead of China’s National Day and quarter-end; spot premiums and inventories show mixed signals.
China rare-earth stocks rallied up to 18% after Beijing tightened sector rules in August 2025, prompting traders to reprice supply and margins globally.
Gestala closed a $21.6m seed round led by Guosheng and Dalton to fund ultrasound BCI R&D, grow staff to ~35, build manufacturing and finish its prototype.
Korea Investment Management CEO Bae Jae-kyu aims to grow ETF assets to 20 trillion won, pivoting to target-date funds and a larger retail investor base.
DeepSeek previewed V4 with a 1.6T-parameter Pro and a 284B Flash, open-sourced and cheaper to run. Benchmarks show gains but V4 still trails top closed-source models.
Korea seeks US investment to unlock lower auto tariffs, as Seoul pushes deeper ASEAN ties and updates rules on digital trade, supply chains and climate.
Andy Haldane says the UK can boost growth through higher domestic investment and improved forecasting. With rates at 5.25%, he urges policy and private capital to lift productive capacity.
Xiaomi YU7 SUV offers three trims, 800‑volt fast charging and CLTC ranges up to about 519 miles. Due mid‑2025 in China, pricing starts at 253,500 yuan.
The Strait of Hormuz closure sharply reduced oil shipments, causing crude prices to rise and increasing costs for fuel, heating, and food worldwide amid
Lincoln International filed an S-1 for a $100m U.S. IPO and plans to list on the NYSE as LCLN; it reported $783.8m revenue and $214.1m net income in 2025.
Xi called Laos a priority and urged deeper cooperation ahead of the 65th China-Laos anniversary — a political signal investors see as reducing risk.
SBI Funds IPO may raise about $1.5bn as SBI and Amundi plan to sell roughly 10%; draft papers could be filed in March as advisers are appointed soon.
BlackRock reported $130bn of Q1 inflows, mainly into iShares tech and AI ETFs, lifting AUM to $13.89tn and quarterly profit to $2.21bn and higher fees.
Australian pension funds are boosting hedging AUD on overseas equities, adding demand for the currency. HESTA has trimmed foreign-currency exposure in its international shares sleeve.