Business

China says it will buy 200 Boeing jets, seek extension of US tariff truce

Wednesday, May 20 by SRN News

BEIJING, May 20 (Reuters) - China will buy 200 Boeing jets and seek an extension of the trade agreement with the United States reached in Kuala Lumpur last year, the Chinese Commerce Ministry said on Wednesday. The U.S. will provide China with supply guarantees for... Read More.

Analysis-Australia’s tax changes will re-wire investors to chase income

Wednesday, May 20 by SRN News

By Scott Murdoch SYDNEY, May 20 (Reuters) - Australia's planned tax overhaul is set to reshape the market's investment landscape, with high-dividend blue chips poised to benefit at the expense of growth-oriented stocks, fund managers say. Under reforms unveiled in last week's Budget, the centre-left Labor... Read More.

Foreign firms eye Hong Kong listings as IPO rebound broadens

Wednesday, May 20 by SRN News

(Corrects Kenneth Chow's job title in paragraph 16 by adding 'origination and products' to reflect his full job title) By Yantoultra Ngui SINGAPORE, May 20 (Reuters) - About 10 companies from countries including Indonesia, South Korea and Singapore have filed for Hong Kong listings this year... Read More.

Morning Bid: As stocks slump, cue Nvidia

Wednesday, May 20 by SRN News

A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough, highly anticipated Nvidia earnings today could swing shares of the world's most valuable company by $350 billion in either direction, based on options pricing. Analysts... Read More.

Asian shares track Wall Street’s retreat as bond markets crank up the pressure

Wednesday, May 20 by SRN News

Asian shares were mostly lower on Wednesday as rising bond yields cranked up pressure on stocks and other investments, undermining the AI-driven rally in technology shares. Bond yields have been climbing as the war with Iran drags on, raising worries over prolonged higher inflation. In... Read More.

Europe EV sales leap as Iran war pushes up petrol pump prices

Wednesday, May 20 by SRN News

By Christina Amann, Marie Mannes and Nick Carey BERLIN/STOCKHOLM/LONDON, May 20 (Reuters) - Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of new and second-hand EVs, data exclusively shared with Reuters shows, providing a... Read More.

Samsung faces strike after pay talks with union fall apart

Wednesday, May 20 by SRN News

SEOUL, South Korea (AP) - Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country's trade-dependent economy. Government officials... Read More.

Xi and Putin meet to reaffirm China-Russia ties days after Trump’s visit to Beijing

Wednesday, May 20 by SRN News

BEIJING (AP) - Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing on Wednesday in a meeting meant to reaffirm ties and that takes place only days after a visit by U.S. President Donald Trump to China. Xi welcomed Putin with a ceremony... Read More.

China again flags tariff cuts for US agricultural trade after Trump-Xi meeting, but still no details

Wednesday, May 20 by SRN News

By Ella Cao, Daphne Zhang and Lewis Jackson BEIJING, May 20 (Reuters) - China and the U.S. have agreed to cut tariffs on agricultural trade as part of a broader trade deal, the Ministry of Commerce said on Wednesday in a statement that left several... Read More.

Asian stocks extend losing streak as higher yields bite, Nvidia results in focus

Wednesday, May 20 by SRN News

By Stella Qiu SYDNEY, May 20 (Reuters) - Asian stocks extended a losing streak on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see whether the world's most valuable company might be able to help markets navigate higher borrowing... Read More.

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Current Weather

China says it will buy 200 Boeing jets, seek extension of US tariff truce

Analysis-Australia’s tax changes will re-wire investors to chase income

Foreign firms eye Hong Kong listings as IPO rebound broadens

Morning Bid: As stocks slump, cue Nvidia

Asian shares track Wall Street’s retreat as bond markets crank up the pressure

Europe EV sales leap as Iran war pushes up petrol pump prices

Samsung faces strike after pay talks with union fall apart

Xi and Putin meet to reaffirm China-Russia ties days after Trump’s visit to Beijing

China again flags tariff cuts for US agricultural trade after Trump-Xi meeting, but still no details

Asian stocks extend losing streak as higher yields bite, Nvidia results in focus

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