Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
Fastighets AB Balder reported a drop in profit from property management in the first quarter, driven largely by the boards proposal to distribute its Norion Bank shares to shareholders. Adjusted for the removal of Norion Bank, underlying property-management earnings rose, while several balance-sheet metrics showed modest movement: net asset value …
European Central Bank President Christine Lagarde expressed doubt about the case for stablecoins denominated in euros, saying they carry risks that could interfere with the ECB's policy reach and intensify turmoil during market stress. Several large euro-area banks, including Societe Generale, have been developing euro-pegged crypto assets to chall…
Nintendo said it will raise retail prices for its Switch 2 console and related services across major markets, citing changing market conditions and rising costs. The Japan launch price will increase to 59,980 yen on May 25, existing Switch models in Japan will see price rises up to 33%, and international prices will be raised later in the year. The…
Tokyo shares closed lower on Friday, dragged down by declines in Paper & Pulp, Transport and Communication sectors even as the Nikkei 225 recorded a new all-time high. Market breadth was slightly negative, with several individual stocks showing large intraday moves. Oil, gold and currency contracts recorded modest changes.
Japan is relying on a narrow group of policymakers - the Bank of Japan (BOJ), the Ministry of Finance (MOF) and U.S. Treasury emissary Scott Bessent - to amplify yen-buying intervention and temper the currency's slide. Governor Kazuo Ueda's recent hawkish shift and subsequent MOF market action have been paired with hopes that Bessent's visit will p…
South Korea's planned constitutional amendment to limit unilateral presidential authority to declare martial law will not move to a full parliamentary vote after opposition tactics blocked progress. The draft, put forward by six parties including the ruling party, would obligate the president to obtain the National Assembly's approval and would nul…
Commerzbank said it will cut 3,000 positions and incur roughly 450 million euros of restructuring costs as it upgrades its 2028 revenue and profit targets in a bid to preserve independence from UniCredit's takeover attempt. The move comes after UniCredit formally launched a below-market offer and increased its stake in Commerzbank to just under 30%…
Henry Boot said its chief executive, Tim Roberts, will step down later this year after six years in the role. The board has appointed Edward Hutchinson, a long-serving internal executive, as Roberts' successor following a handover period. Roberts joined the business in 2020 and led a series of governance, strategic and portfolio changes including t…
Australian equities fell at the close on Friday, with the S&P/ASX 200 losing 1.51% after declines in the Financials, A-REITs and Utilities sectors. Market breadth was negative, volatility as measured by the S&P/ASX 200 VIX increased, and mixed moves in commodities and currencies accompanied the equity downturn.
Biogen and Eisai announced that the FDA has extended the review period by three months for the supplemental Biologics License Application for LEQEMBI IQLIK, a once-weekly subcutaneous injection for initiating treatment of early Alzheimer's disease. The new PDUFA date is August 24, 2026. The FDA requested additional information, constituting a major…
Bitcoin retreated on Friday amid heightened tensions between the U.S. and Iran around the Strait of Hormuz, dragging broad cryptocurrency prices lower. Despite the intraday decline, Bitcoin remained on track for a sixth straight weekly rise, supported by institutional purchases, bargain hunting, and progress among U.S. lawmakers on a regulatory bil…
Mount Dukono on Halmahera island erupted on Friday morning, sending volcanic ash up to 10 km into the atmosphere. Local rescue teams, supported by police, have been deployed to locate and assist 20 hikers reported trapped by the eruption. Officials have kept the volcano at its third highest alert level and issued safety warnings for nearby communit…
Taiwan's benchmark index closed at a new record after a broad advance led by the Other Electronic, Computers & Peripherals and Electronic Products Distribution sectors. Several individual stocks posted double-digit percentage moves, both to the upside and downside, while commodity and currency benchmarks showed modest moves.
Stellantis N.V. and Zhejiang Leapmotor Technology Co., Ltd. announced their intention to deepen their strategic partnership by increasing electric vehicle production at Stellantis' Zaragoza and Villaverde plants in Spain, leveraging joint purchasing to enhance affordability, and expanding Leapmotor International's manufacturing and sales reach in E…
Russia and Ukraine each accused the other of breaking a two-day ceasefire that Moscow announced to cover Victory Day festivities. Russian authorities reported dozens of downed Ukrainian drones and strikes on the capital and the Urals, while Kyiv said Russian forces continued attacks on frontline positions and launched hundreds of strikes overnight.
SoundHound AI (SOUN) has been sold off with the broader AI repricing, but recent product launches and a strategic acquisition materially improve the revenue runway. The stock is volatile and richly valued on sales, but the combination of a new self-learning agent platform, a pending LivePerson deal, and improving technicals make a disciplined long …
Global markets moved cautiously as a flare-up between U.S. and Iranian forces in the Gulf and renewed attacks on the UAE tested a fragile ceasefire. Oil rose to about $101 a barrel while investors focused on the prospect of a durable peace. Asian equities logged small daily losses but were poised for substantial weekly gains driven by surging chip …
On May 8, RBC Capital Markets lifted its year-end S&P 500 target to 7,900 from 7,750, driven by upbeat earnings revisions concentrated in technology and AI-linked firms and robust demand for AI infrastructure. The new target implies roughly a 7.7% upside from the index's close on Thursday. RBC said large-cap growth stocks remain the market leaders …
Gold prices ticked higher on Friday and were poised to finish the week with gains as investors weighed signs of a potential U.S.-Iran agreement against renewed tensions near the Strait of Hormuz and awaited key U.S. payrolls data. Easing inflation expectations and a modestly weaker dollar supported bullion, while uncertainty around the ceasefire an…
A poll of 17 economists indicates new bank lending in China likely fell to roughly 300 billion yuan in April, a marked drop from March's surge. The forecast points to continued softness in credit demand — driven by a prolonged property downturn, restrained private investment and cautious households — even as the central bank signals support and ins…
The United Arab Emirates said it was actively intercepting missile and unmanned aerial vehicle threats it attributes to Iran, as tensions in the Middle East intensified following renewed U.S.-Iran exchanges in the Strait of Hormuz. The developments follow U.S. actions responding to attacks on American warships and amid disputed claims over violatio…
Investors in Unilever and McCormick are requesting clear commitments that the merged food company will maintain Unilever’s stringent sustainability standards, particularly on deforestation-free sourcing, traceability and grievance mechanisms. The $65 billion tie-up combines Unilever’s food division with McCormick, creating an enlarged business with…
Inflation-linked government bonds have failed to shield investors from recent market turbulence sparked by the Iran conflict, falling in line with nominal government bonds even as equities surged. While these instruments protect purchasing power over the long run if held to maturity, short-term price declines can occur when real yields rise. Some i…
An explosion at a fireworks factory in Liuyang, Hunan, has left 37 people dead, with one person still missing and 51 receiving hospital treatment. The blast occurred on Monday afternoon at about 4:40 p.m. (0840 GMT). Local police have summoned eight individuals for questioning and a formal investigation overseen by national prosecutors is under way…
A Denmark-based Alliance study finds global perceptions of the United States have deteriorated for a second consecutive year and now rank below Russia. The survey, carried out by Nira Data among more than 94,000 respondents, also shows the U.S. among the countries most frequently named as a major threat, after Russia and Israel. The report was rele…
