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Published on May 6, 2025

KSE-100 closes over 500 points lower as late-session selling erases intra-day gains

The Pakistan Stock Exchange (PSX) witnessed a negative session on Tuesday as its benchmark KSE-100 closed the day lower by 534 points, losing the gain of nearly 1,000 points the index had made during intra-day trading. Gaining positivity in line with the …

Source: Business Recorder - Neutral
Published on May 6, 2025

Sentiment hit after HKMA says it is diversifying into non-US assets, Bunds volatile on Merz - Newsquawk US Market Open

Sentiment in the equities complex hit after HKMA said it has been lowering its duration in US treasury holdings; the exchange fund has been diversifying into non-US assets; ES -0.7%, NQ -1%. Germany's CDU leader Merz fails to be elected as Chancellor, …

Source: Zero Hedge - Right-wing
Published on May 6, 2025

Futures Slide On Latest Batch Of Disappointing Earnings

US equity futures slumped for the second day, dragged down by earnings and a lack of positive news on trade negotiations. As of 8:00am, S&P 500 futures dropped 0.9% as risk is pared into tomorrow's Fed announcement and the index failed to breach …

Source: Zero Hedge - Right-wing
Published on May 6, 2025

Monetary easing lifts PSX; index rises nearly 800 points

The Pakistan Stock Exchange (PSX) started Tuesday's session on a bullish note, as the benchmark KSE-100 index surged nearly 800 points in early trading following the central bank’s unexpected decision to cut the policy rate by 100 basis points. By 10: …

Source: Samaa - Indeterminate
Published on May 6, 2025

Asia report: Markets mixed on fresh hopes for trade talks

Optimism was sparked after US Treasury Secretary Scott Bessent said Washington was “very close to some deals”, following earlier comments from president Donald Trump hinting at possible agreements within the week. “Global stock markets remained in a tight …

Source: ShareCast - Neutral
Published on May 6, 2025

Stocks turn lower on lack of trade progress, German politics

LONDON: Global stocks dropped on Tuesday as concerns about tariffs and their impact on the economy lingered and as German conservative leader Friedrich Merz unexpectedly failed to secure the parliamentary votes required to become chancellor. Markets were …

Source: Zawya - Indeterminate
Published on May 6, 2025

Gold Touches Two-Week High As Safe-Haven Demand Persists

Tuesday, May 6, 2025 5:45 AM EDT Gold extends gains, rising 3.8% in just two trading days. Geopolitical risks from the Trump administration, Asian currency turmoil and Israel are spurring investors to head back into Gold. Upside risks persist on several …

Source: myMotherLode - Pending
Published on May 6, 2025

Taiwanese life insurers' portfolios have billions of unhedged dollars

SINGAPORE (Reuters) -Taiwan's currency is at three-year highs after notching unprecedented gains as insurance firms, pension funds and other investors quit U.S. dollar assets or scramble to hedge exposure. Analysts estimate billions of dollars' …

Source: Yahoo Finance - Pending
Published on May 6, 2025

Market Wrap: Banks, pharma stocks lead D-Street lower; Sensex sheds 156 pts, Nifty below 24,380

Indian benchmark indexes ended lower on Tuesday, as widespread losses in financial and pharma stocks eclipsed gains in Mahindra & Mahindra, which surged on optimism over its earnings outlook, as well as advances in heavyweights Reliance Industries and …

Source: The Economic Times - Pending
Published on May 6, 2025

Stock market today: Dow, S&P 500, Nasdaq futures slide as Wall Street braces for Fed kick-off

A wave of dollar (DX=F) selling in Asia is an ominous sign for the greenback as the world's export powerhouse starts to question a decades-long trend of investing its big trade surpluses in US assets. Ripples from Friday and Monday's record rally …

Source: Yahoo Finance - Pending
Published on May 6, 2025

Gold Extends Gains on Demand From China Following Holidays

(Bloomberg) -- Gold extended gains as the world’s biggest bullion buyer came back from holiday and bolstered demand. Most Read from Bloomberg The precious metal rose as much as 1.6% to above $3,387 an ounce, spiking as markets opened in China after a five- …

Source: Yahoo Finance - Pending
Published on May 6, 2025

China's yuan ends at six-month high as carry trades unwind

China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out of U.S. assets and back into Asia. The onshore yuan ended the domestic session at 7 …

Source: Zawya - Indeterminate
Published on May 6, 2025

Gold lifts toward US$3,400 as Fed meeting looms

Gold prices extended gains for the second consecutive session on Tuesday, approaching the US$3,400 level as investors sought safety amid a weakening United States dollar and rising geopolitical tensions. By 3:45 pm AEST (5:45 am GMT), spot gold prices …

Source: Azzet - Pending
Published on May 6, 2025

Hon Hai reports highest ever April sales amid AI, cloud enthusiasm

Taipei, May 6 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co. has reported its highest ever sales for April due to solid global demand for artificial intelligence applications and cloud services. In a statement Monday, iPhone …

Source: Focus Taiwan - Neutral
Published on May 6, 2025

Apple to Shake Up iPhone Launch Cycle in 2026

Apple plans to split iPhone 18 launch into two phases in 2026 Apple is planning to split the launch of its iPhone 18 range, expected in 2026, by about half a year, according to supply chain sources. Apple is planning to change its usual rhythm for …

Source: CommonWealth Magazine - Neutral
Published on May 6, 2025

Trump’s tariff war roils typically quiet corner of global markets

Hong Kong CNN — US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent investors rushing to buy gold. They have now also roiled a normally staid corner of financial markets, with major …

Source: CNN - Neutral
Published on May 5, 2025

Crude sinks after OPEC+ hikes supply, US equity futures & USD lower into ISM Services - Newsquawk US Market Open

US President Trump said he is willing to lower tariffs on China at some point. He answered no when asked if he plans to speak with Chinese President Xi this week. US President Trump reiterated that the Fed should lower interest rates and said he won’t …

Source: Zero Hedge - Right-wing
Published on May 6, 2025

PSX opens in green as investors cheer policy rate cut

The Pakistan Stock Exchange (PSX) witnessed an upward swing on Tuesday as investors rejoiced over the central bank’s 1% policy rate cut, with the benchmark KSE-100 Index gaining over 400 points during the opening hours of trading. At 9:35 am, the benchmark …

Source: Business Recorder - Neutral
Published on May 6, 2025

Indian stock market: 10 key things that changed for market overnight - May 6

Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open on a cautious note Tuesday amid mixed global market cues. Asian markets traded flat, while the US stock market ended lower overnight, with the S&P 500 …

Source: Mint - Neutral

05 days 03:32:39

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Published on May 7, 2025 - 20:06 GMT

Linamar Delivers Earnings Growth and Continued Free Cash Flow in Challenging Market

GUELPH, Ontario, May 07, 2025 (GLOBE NEWSWIRE) -- (TSX: LNR) Strong Quarterly Financial Performance Normalized Operating Earnings1 up 3.4%; Normalized Operating Margins up to 10.0%; Normalized Diluted Earnings per Share1 up 6.6%; and Normalized Net Margins …

Distribution channels: Business & Economy ...
Published on May 7, 2025 - 20:30 GMT

GXO Reports First Quarter 2025 Results

Increased first quarter revenue 21% year over year, to $3 billion, with organic revenue growth of 3% Grew sales pipeline to three-year high of $2.5 billion, excluding Wincanton Repurchased 2.8 million shares Reaffirmed full-year 2025 organic revenue growth …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...

Published on May 7, 2025 - 20:05 GMT

Crane NXT Reports First Quarter 2025 Results

Completes Acquisition of De La Rue Authentication, a Global Leader in Security and Authentication Technologies Increases Sales Growth Guidance to 6% to 8% for Full Year 2025; Maintaining Full Year EPS Guidance of $4.00 to $4.30 WALTHAM, Mass., May 07, 2025 …

Distribution channels: Business & Economy, Technology ...
Published on May 7, 2025 - 20:50 GMT

The Herzfeld Caribbean Basin Fund, Inc. Announces Special Meeting of Stockholders to be Held on June 17, 2025

MIAMI BEACH, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has filed preliminary proxy materials (“Proxy Materials”) with the U.S. Securities and Exchange Commission …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...

Published on May 7, 2025 - 20:40 GMT

StoneX Group Inc. Reports Fiscal 2025 Second Quarter Financial Results

Quarterly Net Operating Revenues of $487.3 million, up 15% Quarterly Net Income of $71.7 million, ROE of 15.7% Quarterly Diluted EPS of $1.41 per share, up 29% NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a …

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Published on May 7, 2025 - 20:30 GMT

Mercado Libre builds on 2024 momentum with strong Q1 2025 results, reporting $5.9 billion revenue and $494 million net ...

Montevideo, Uruguay. May 7, 2025, May 07, 2025 (GLOBE NEWSWIRE) -- Unique buyers in commerce reached almost 67 million in the first quarter, with new buyers sustaining the highest level of growth since early 2021, and fintech monthly active users crossed …

Distribution channels: Business & Economy, Retail ...
Published on May 7, 2025 - 20:15 GMT

Coherent Corp. Reports Third Quarter Fiscal 2025 Results

Q3 REVENUE OF $1.50B, INCREASED 24% Y/Y Q3 GAAP GROSS MARGIN OF 35.2%, INCREASED 491 bps Y/Y; Q3 NON-GAAP GROSS MARGIN OF 38.5%, INCREASED 490 bps Y/Y Q3 GAAP EPS OF $(0.11), IMPROVED $0.18 Y/Y; Q3 NON-GAAP EPS OF $0.91, IMPROVED $0.53 Y/Y SAXONBURG, Pa., …

Distribution channels: Business & Economy, Electronics Industry ...
Published on May 7, 2025 - 20:15 GMT

Greenlight Re Announces First Quarter 2025 Financial Results

Net Income Expands to $29.6 million Despite California Wildfire Losses, Leading to Fully Diluted Book Value Per Share Growth of 5.1% GRAND CAYMAN, Cayman Islands, May 07, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” …

Distribution channels: Business & Economy, Insurance Industry ...

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Published on May 7, 2025 - 23:48 GMT

Concierge Auctions Announces $200M Lineup for Live Global Sales in Londonvvvv

Top properties from around the world to auction live over the course of two days at the firm’s most anticipated auction events this year NEW YORK, NY, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Featuring a selection of top luxury properties from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 22:40 GMT

President Trump’s First 100 Days Are Now In The Past: What Investors Should Watch For Next

Mark Miller, RFC®, CEO of Hilton Tax & Wealth Advisors, weighs in on market losses during Trump’s second term and the signals investors should watch for. ATLANTA, GA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- As President Donald Trump …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 22:22 GMT

New Book Empowers Minority Entrepreneurs with Fortune 500 Sales Strategies

MEMPHIS, TN, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- In a bold response to the rollback of DEI initiatives and the persistent revenue gap facing minority-owned businesses, business strategist and former Fortune 500 consultant Greg …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 7, 2025 - 22:17 GMT

Veripath is pleased to announce the acquisition of two parcels of farmland in Alberta

CALGARY, ALBERTA, CANADA, May 7, 2025 /⁨EINPresswire.com⁩/ -- Veripath is pleased to announce the acquisition of two additional farmland parcels in Alberta, further strengthening its presence in the region. These acquisitions increase the total …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 22:08 GMT

Singlepane Launches First-Ever Comprehensive Asset Management Platform Built Exclusively for Hotel Owners

Singlepane today announces the launch of its groundbreaking asset management software for hotel owners - an industry first. PROVIDENCE, RI, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Singlepane (www.singlepaneapp.com), a pioneer in …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 21:00 GMT

BurjX Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority

Igniting a New Era for Crypto in MENA with Professional-Grade Trading and Bank-Grade Security ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The future of crypto in MENA is taking shape. BurjX, a UAE-based digital …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:57 GMT

Blockchain Futurist Conference Returns to Toronto with Industry-Leading Sponsors and Activations

Taking place during Canada Crypto Week, the 7th annual event features top sponsors, interactive experiences, and bold ideas shaping tomorrow’s tech. TORONTO, ONTARIO, CANADA, May 8, 2025 /⁨EINPresswire.com⁩/ -- The 7th Annual Blockchain Futurist …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:53 GMT

MMEC 2025 Kicks Off with Strategic Partnerships, Presidential Vision, and Bold Energy Commitments

MAPUTO, MOZAMBIQUE, May 7, 2025 /⁨EINPresswire.com⁩/ -- The 11th edition of the Mozambique Mining and Energy Conference (MMEC 2025) officially began today in Maputo, setting the stage for transformative dialogue, cross-sector partnerships, and a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:51 GMT

Visa and Whish Money Announce a Strategic Alliance Set to Revolutionize Digital Payments and Financial Services

A strategic alliance to enhance digital payments and financial services across the region and beyond. BEIRUT , BEIRUT , LEBANON, May 7, 2025 /⁨EINPresswire.com⁩/ -- Visa, a global payments technology leader, and Whish Money SAL, a leading regional …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 20:50 GMT

Krishnan Suthanthiran, President/Founder TeamBest Global, to Host Major Press Conference in New Delhi on May 17, 2025

Announcing New Initiatives in Health, Innovation, and Global Indian Engagement WASHINGTON, DC, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Dr. Krishnan Suthanthiran, President and Founder of TeamBest Global Companies and the Best Cure …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:40 GMT

From Big Tech to Big Leases: Former Microsoft Engineer Brings Precision Analytics to Apartment Marketing

Why apartment marketing is finally getting the algorithm it deserves. EASTSOUND, WA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- After more than a decade building systems at Microsoft and helping pioneer early video conferencing protocols …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 7, 2025 - 19:58 GMT

Introducing LAYRON: The AI-Powered Platform Transforming Real Estate Investment

ZURICH, SWITZERLAND, May 7, 2025 /⁨EINPresswire.com⁩/ -- In a market where timing, precision, and insight define success, Layer Finance has introduced LAYRON, a groundbreaking AI-powered platform that’s poised to revolutionize the way real estate …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 19:10 GMT

JENNA WILLIAMS SELECTED TO BE FEATURED IN IAOTP’S TOP 50 FEARLESS LEADERS PUBLICATION

Jenna Williams will be honored at the International Association of Top Professionals (IAOTP) annual awards gala in Las Vegas NEW YORK, NY, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Jenna Williams, VP, Commercial Loan Officer & Relationship …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 7, 2025 - 18:49 GMT

Black Unicorn Factory Sets U.S. Record as Largest Black-Owned Venture Capital Firm, using Alternative Funding

Black Unicorn Factory redefines venture capital with SEC-compliant non-cash investments. LOS ANGELES, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Black Unicorn Factory (BUF), a Los Angeles-based venture catalyst, has achieved a historic …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 18:48 GMT

Advisor Financing Joins The Wealth Engineering Expert Sourcing Consortium

Lake Mary, FL, May 7, 2025 – Wealth Engineering Family of Companies is pleased to announce its inclusion of Advisor Financing, as an exclusive core component LAKE MARY, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The Wealth Engineering …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:32 GMT

Teqtivity Identifies IT Asset Management as Essential Cost Control Measure Amid Economic Concerns

Strategic approach to IT spending helps organizations thrive, not just survive, during economic downturns CERRITOS, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- As organizations brace for economic uncertainty and rising global tensions, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:20 GMT

Trayecto Joins The Wealth Engineering Expert Sourcing Consortium

The Wealth Engineering Family of Companies is pleased to announce the inclusion of Trayecto as an exclusive core component of its Expert Sourcing Consortium. LAKE MARY, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The Wealth Engineering …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:13 GMT

Eastern European Web3 Technology Company SourceLess Gains Attention Amid Speculation of Unicorn Potential

Whispers in the Financial Sector Suggest a Potential Powerhouse Technology Unicorn Emerging from Eastern Europe. DELAWARE, DE, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- In recent months, SourceLess Inc., a Delaware-based Web3 technology …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:00 GMT

The Role of Tax Network USA Complaints in Preventing Future IRS Problems

Tax Network USA tracks IRS activity changes as “complaints” to adjust strategies early and reduce future compliance risks. LOS ANGELES, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- At Tax Network USA, internal complaint tracking plays a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:00 GMT

Payroll and Accounting Services Streamline Operations for Montana’s Small Businesses

IBN Technologies helps Montana small businesses thrive with expert payroll and accounting services for growth and security. MIAMI, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Montana's small company owners are battling rising …

Distribution channels: Banking, Finance & Investment Industry ...