(RTTNews) - Asian stock markets are a sea of green on Tuesday, following the broadly positive cues from Wall Street overnight, amid renewed signs of potential U.S.-Iran dialogue to end the Middle East war after US President Donald Trump said Tehran had reached out to resume discu
(RTTNews) - Asian stock markets are a sea of green on Tuesday, following the broadly positive cues from Wall Street overnight, amid renewed signs of potential U.S.-Iran dialogue to end the Middle East war after US President Donald Trump said Tehran had reached out to resume discu
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute. Officials from China Mineral Resources Group Co. told plants they can resume bidding for some BHP cargoes denominated in US dollars from Tuesday, according to people familiar with the matter. Mills have not ...
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute. Officials from China Mineral Resources Group Co. told plants they can resume bidding for some BHP cargoes denominated in US dollars from Tuesday, according to people familiar with the matter. Mills have not yet been explicitly allowed to take BHP physical deliveries from Chinese ports, but a notice is expected, they said, asking not to be named discussing private commercial details. BHP and CMRG have been locked in a tug-of-war over the terms of long-term iron ore contracts that supply a large proportion of China’s steel mills since last September. CMRG initially banned the Jimblebar fines grade, before imposing broader restrictions on all dollar-denominated cargoes after BHP rejected proposed terms. The status of Jimblebar cargoes was not immediately clear. Read More: China Is Taking On Giant Miners to Reorder a $190 Billion Market The apparent easing in CMRG’s position follows a visit to China by Brandon Craig , BHP’s incoming chief executive officer. Craig met with leaders from China Baowu Steel Group Corp. and CMRG, the people said. Current CEO Mike Henry joined him for some of the trip, Craig said in a LinkedIn post . CMRG didn’t immediately respond to a request for comment. BHP declined to comment on commercial negotiations. Set up in 2022, the state-owned iron ore buyer was tasked with shifting bargaining power in iron ore negotiations away from major miners such as BHP, Rio Tinto Group and Vale SA.
HUNG CHIN LIU/iStock via Getty Images By Michiel Tukker , Senior UK & Eurozone Rates Strategist; Benjamin Schroeder , Senior Rates Strategist; and Padhraic Garvey, CFA , Regional Head of Research, Americas The markets, the war, and bond yields To understand the market thinking on the war requires an understanding that markets are cold-hearted. The fact that negotiations broke down over the weekend...
HUNG CHIN LIU/iStock via Getty Images By Michiel Tukker , Senior UK & Eurozone Rates Strategist; Benjamin Schroeder , Senior Rates Strategist; and Padhraic Garvey, CFA , Regional Head of Research, Americas The markets, the war, and bond yields To understand the market thinking on the war requires an understanding that markets are cold-hearted. The fact that negotiations broke down over the weekend is important, of course, but it's not the dominant input for markets. Wars between regional powers are not important for global markets. What matters is the ability to get stuff done, and to get hands on stuff. Last week, Iran had control of the Strait of Hormuz. This week, it's under the control of the US. While remaining apolitical, that's a more market-friendly outcome, on the theory that the ultimate ambition is to reopen the Strait, fully and unrestricted. The impact reaction is more nuanced, as in fact the US intervention mutes flows, certainly from Iran. But the bigger and longer-term picture is more palatable. From a cold market mindset, even if Israel and Iran were to lob munitions at each other, markets won't care. Markets will care if the US is in the game, and ramping up risk. As it is, it seems that the US prefers an off-ramp, as long as it comes with the US taking control of enriched uranium, and the Strait getting fully reopened. Things could change quickly in the coming days, but based off what we know, there has been a landing found in an uncomfortable spot, but in an area that averts a super-bad-case outcome. Expect market yields to remain elevated, though, as the elevation in energy prices, even if off highs, has been far from solved. Inflation breakevens have managed to ease lower in short tenors, reflecting that mild ratchet away from extremes. But longer tenor yields have come off highs mostly from an easing in real yields. The market is beginning to think about a medium-term activity hit. That said, we continue to view the inflation spurt as the imme...
The most obvious costs you face in retirement are day-to-day living expenses (food, gas, electricity, etc.). If you move when you retire, housing costs will be at the forefront. What may not jump out at you, however, are the healthcare costs you are paying. But they add up over time, and you should prepare ahead. Here's what you need to know. Each person is different and thus has different healthc...
The most obvious costs you face in retirement are day-to-day living expenses (food, gas, electricity, etc.). If you move when you retire, housing costs will be at the forefront. What may not jump out at you, however, are the healthcare costs you are paying. But they add up over time, and you should prepare ahead. Here's what you need to know. Each person is different and thus has different healthcare needs. So the best you can do going into retirement is to use estimates. There's nothing wrong with using estimates, so long as they are realistic. In 2025, the average healthcare cost in retirement was $172,500 for an individual, according to Fidelity Investments. That was up 4% from 2024, and the number is only going to head higher over time, thanks to the steady beat of inflation . For a couple, however, you need to double that number, which leaves you spending $345,000, on average, in retirement on healthcare. That's a huge sum of money, noting that it will be spent over time and not in one lump sum. That's why it is so easy to overlook this cost and focus on things like housing costs. Fidelity's research shows that 20% of Americans have never even considered the healthcare costs they might face in retirement. Continue reading
Willie B. Thomas/DigitalVision via Getty Images Last week, we received fiscal fourth quarter results from BlackBerry ( BB ). The Canadian technology company has spent years evolving from a hardware focused firm to one aimed at software and services. The transition took much longer than expected, and shares lagged as a result. Finally, it appears that the story is back on track, which could mean fu...
Willie B. Thomas/DigitalVision via Getty Images Last week, we received fiscal fourth quarter results from BlackBerry ( BB ). The Canadian technology company has spent years evolving from a hardware focused firm to one aimed at software and services. The transition took much longer than expected, and shares lagged as a result. Finally, it appears that the story is back on track, which could mean future upside from here. Previous coverage of the name The last time I looked at BlackBerry was back in June 2025, right after the company had reported its fiscal Q1 results . While we saw nice headline beats, guidance was not that impressive, and key financial metrics showed some weakness. Since that time, BlackBerry shares have fallen by more than 21% (to Friday's close), compared to a nearly 12% rise in the S&P 500. A look at the Q4 results For the fiscal period that ended on February 28th, BlackBerry reported revenues of $156 million. This number was up 10% over the prior year period, and it handily beat street estimates by more than $11.4 million. The growth was driven mainly by a 20% increase in QNX segment revenue, as the automotive software package continues to grow nicely. Secure Communications, which had been a major drag in recent years, saw an 8% increase. Licensing revenues, which can be very lumpy, saw a more than 44% decrease but are a very small portion of the company's total. On the margin front, BlackBerry saw a small increase for QNX margins but an 8 percentage point increase for Secure Communications. On a GAAP basis, operating income nearly doubled sequentially to $22.9 million, whereas the year ago period saw an $8 million loss that was aided by some non-recurring charges. Non-GAAP earnings per share came in at 6 cents, two cents ahead of the street, as BlackBerry almost always beats on the adjusted bottom line. BlackBerry is also seeing nice improvement in some of its key metrics. The QNX royalty backlog was up $85 million in the past year to $950 milli...
A cargo ship loaded with foreign trade containers sails towards the open sea in Jiaozhou Bay, Qingdao, Shandong, China, on April 13, 2026. Costfoto | Nurphoto | Getty Images China's export growth slowed in March as manufacturers grappled with surging commodity and energy costs due to the Middle East conflict disrupting supplies, while imports logged the strongest growth in more than four years. Ex...
A cargo ship loaded with foreign trade containers sails towards the open sea in Jiaozhou Bay, Qingdao, Shandong, China, on April 13, 2026. Costfoto | Nurphoto | Getty Images China's export growth slowed in March as manufacturers grappled with surging commodity and energy costs due to the Middle East conflict disrupting supplies, while imports logged the strongest growth in more than four years. Exports grew at their slowest pace in six months at 2.5% in U.S. dollar terms last month from a year earlier, Chinese customs data showed Wednesday, missing Reuters-polled analysts' median estimate for a 8.6% growth, and weakening from the combined 21.8% surge in the first two months of the year. Imports surged 27.8% in March from a year ago, marking the strongest growth since November 2021, sharply beating expectations for a 11.2% growth, and quickening from 19.8% in the prior two months. China releases combined trade data for January and February due to fluctuations around the Lunar New Year, the country's biggest holiday, which follows the agrarian calendar. The world's second-largest economy has remained reliant on trade for its growth despite rising tensions with the U.S. and higher tariffs. Net exports accounted for about a third of China's economy last year. While Beijing's strategic oil stockpiles, a diversified energy mix , and tight price controls have cushioned the blow from surging oil prices, the export-reliant economy remains vulnerable to a global economic downturn resulting from a prolonged closure of the Strait of Hormuz. In a press briefing on Tuesday, Wang Jun, China's customs vice minister, said that global oil prices have experienced "fierce fluctuation," creating a "complex and severe" trade environment. Read more China news Behind China's 'active efforts' for an Iran ceasefire: Business trumps politics Alibaba launches data center with 10,000 of its own chips as China ramps up AI push 'The thaw is real': Indian delegation visits China to talk EVs and mo...
Chinese stocks are poised to gain 10% by year-end as Beijing’s supportive policies drive growth and valuations remain discounted, according to London-based asset manager Eurizon SLJ Capital.
Chinese stocks are poised to gain 10% by year-end as Beijing’s supportive policies drive growth and valuations remain discounted, according to London-based asset manager Eurizon SLJ Capital.
Micron Technology is back in the spotlight after a fresh analyst update lifted its fair value estimate from US$425.13 to US$526.48, a move that points to a meaningfully higher intrinsic value framework. A wave of recent research, centered on HBM, DRAM and NAND pricing, has pushed many firms to revisit their models, even as some voices warn that current conditions may already be baking in a lot of ...
Micron Technology is back in the spotlight after a fresh analyst update lifted its fair value estimate from US$425.13 to US$526.48, a move that points to a meaningfully higher intrinsic value framework. A wave of recent research, centered on HBM, DRAM and NAND pricing, has pushed many firms to revisit their models, even as some voices warn that current conditions may already be baking in a lot of optimism. As you read on, you will see how to follow this evolving narrative and what it could...
Super Micro Computer (NasdaqGS:SMCI) has introduced a new line of compact systems built on AMD EPYC 4005 processors. The platforms target AI inferencing and general workloads at the edge in settings such as retail, healthcare, and branch offices. The new offering expands on Super Micro's recent Gold Series launch and supports GPU acceleration, advanced security, and energy efficient operation. For...
Super Micro Computer (NasdaqGS:SMCI) has introduced a new line of compact systems built on AMD EPYC 4005 processors. The platforms target AI inferencing and general workloads at the edge in settings such as retail, healthcare, and branch offices. The new offering expands on Super Micro's recent Gold Series launch and supports GPU acceleration, advanced security, and energy efficient operation. For investors tracking NasdaqGS:SMCI, this product update comes with the shares at $25.97, after a...