TOPSHOT - Chinese President Xi Jinping (R) shows the way to Russian President Vladimir Putin after the photo session of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre in Tianjin on September 1, 2025. Suo Takekuma | Afp | Getty Images Russian President Vladimir Putin is set to arrive in Beijing on Tuesday for a two-day summit with Chinese Pr...
TOPSHOT - Chinese President Xi Jinping (R) shows the way to Russian President Vladimir Putin after the photo session of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre in Tianjin on September 1, 2025. Suo Takekuma | Afp | Getty Images Russian President Vladimir Putin is set to arrive in Beijing on Tuesday for a two-day summit with Chinese President Xi Jinping , visiting an ally that barely had time to clear the ceremonial trappings it laid out for U.S. President Donald Trump just days earlier. The summit, scheduled for May 19-20, marks the second time the Chinese and Russian leaders have met in the past year, as Beijing seeks to manage ties with Washington and Moscow while positioning itself as a pivotal power in global diplomacy. Russia's invasion of Ukraine in 2022 left Moscow effectively isolated and heavily reliant on Beijing for trade under Western sanctions. "We have very serious expectations for this visit," Kremlin spokesman Dmitry Peskov told reporters Monday, describing the agenda as advancing the two countries' "privileged and strategic partnership." The U.S. has long pressed Beijing to reduce economic support for Moscow that Western officials say helps sustain Russia's military capacity. NATO labeled China a "decisive enabler" of the Ukraine war, citing Chinese firms' supply of dual-use goods used to replenish Russian munitions. 'Strategic triangle' China holds "strong leverage" for this summit as its support has become increasingly important to Putin amid mounting economic pressures in Russia and military setbacks in Ukraine, said Andrius Tursa, Central and Eastern Europe advisor at consultancy Teneo. watch now VIDEO 6:00 06:00 Russia benefiting from Iran war's higher oil: Council on Foreign Relations Squawk Box Asia Moscow slashed its growth forecast for this year to 0.4% from 1.3% as its economy reels from Ukrainian attacks on oil infrastructure and export terminals that underpin Russian war fin...
JX Advanced Metals Corp. has priced its zero-coupon convertible bonds at the top of the marketed range, underscoring solid investor demand for equity-linked securities in Japan. The chip material maker raised ¥250 billion ($1.6 billion) from two tranches of equal-sized bonds, with one maturing in 2029 and the other in 2031. The firm set a price of 113.25% for the 2029 bond and 114% for the tranche...
JX Advanced Metals Corp. has priced its zero-coupon convertible bonds at the top of the marketed range, underscoring solid investor demand for equity-linked securities in Japan. The chip material maker raised ¥250 billion ($1.6 billion) from two tranches of equal-sized bonds, with one maturing in 2029 and the other in 2031. The firm set a price of 113.25% for the 2029 bond and 114% for the tranche maturing in 2031, according to a release . The company marketed the bonds in a range of 111.5% to 113.25% for the first tranche and 112% to 114% for the second, according to terms seen by Bloomberg News. The range was raised after deal launch. Holders can exchange the bonds into stock at ¥4,860 at a 20% conversion premium to the closing price on Monday. The company has call options to redeem the bonds ahead of their maturity when the share price is higher than 130% of the conversion price. The bonds are callable after June 3, 2028, for the first tranche, and after the same date in 2029 for the second one. Daiwa Securities Group Inc. , Nomura Holdings Inc. , Morgan Stanley , Bank of America Corp. , JPMorgan Chase & Co. and Goldman Sachs Group Inc. were bookrunners on the deal. Japanese companies are turning toward convertible bonds, driven by a surge in the country’s borrowing costs. Firms have issued ¥750 billion of the securities so far this year, excluding the JX Metals deal, so far this year, according to Bloombeg-compiled data. That’s already the most since 2004 for the start of a year through mid-May, the data shows. Among companies that raised funds from exchangeable bonds, chip tester maker Advantest Corp. raised ¥100 billion, while steelmaker Nippon Steel issued ¥600 billion of convertibles earlier this year. For the latest news on equity capital markets activity in the Asia-Pacific region, follow the channel or visit NI BFWECMAS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here .
hapabapa/iStock Editorial via Getty Images Some treat grabbing their takeout coffee or other caffeinated beverage as a ritual that holds tremendous significance in their early morning routine. It is that kick of caffeine that helps the average person get started with their day, and that is why so many coffee chains have emerged over the years. However, there is one brand that issued its IPO just f...
hapabapa/iStock Editorial via Getty Images Some treat grabbing their takeout coffee or other caffeinated beverage as a ritual that holds tremendous significance in their early morning routine. It is that kick of caffeine that helps the average person get started with their day, and that is why so many coffee chains have emerged over the years. However, there is one brand that issued its IPO just five years ago in 2021, and I don't think that it is getting nearly the level of coverage that it deserves. That company is Dutch Bros ( BROS ). When the IPO launched in 2021 , shares traded at a target of between $18 and $20 per share. Since then, the company has posted impressive results: Data by YCharts Although those gains are nice, they are up against the backdrop of the S&P 500 being up 65.6% since the company IPO'd. Thus, Dutch Bros has remained under the radar for many investors. After some initial excitement that sent the stock spiking as much as 60% when it first IPO'd, the company has seen its fair share of volatility, and that might have kept some investors away. All of that being said, I argue that the company is on strong financial ground and that it is far more than just another coffee chain. Strong Growth Powered by Consumer Demand There was a period of time after the company first went public during which it was investing heavily in expansion and not as focused on earnings growth. Consider the full-year 2022 filing , in which the company reported that it had opened a total of 133 new shops across 11 states and increased revenues to $739 million but also reported a net loss of $19.3 million. Those were tough times for shareholders as they had to keep faith that the company's investments would ultimately pay off. Based on the latest earnings report , I would say there is little doubt that the company's strategy is working out: Revenue Soars and Beats Analysts' Expectations The top-line revenue figures of any earnings report are always something that garners pl...
Hundreds Of Subpoenas Are Targeting The Russian Collusion Hoax According to Acting Attorney General Todd Blanche, the Justice Department is hunting the architects of the Russia hoax, and they’re leaving no stone unturned. Blanche sat down with Bartiromo on Sunday Morning Futures to discuss what he says is a sweeping criminal investigation into the origins of one of the most destructive political o...
Hundreds Of Subpoenas Are Targeting The Russian Collusion Hoax According to Acting Attorney General Todd Blanche, the Justice Department is hunting the architects of the Russia hoax, and they’re leaving no stone unturned. Blanche sat down with Bartiromo on Sunday Morning Futures to discuss what he says is a sweeping criminal investigation into the origins of one of the most destructive political operations in history. The Southern District of Florida has an open criminal probe. Hundreds of subpoenas. Hundreds of witnesses. Blanche insists the DOJ is working hard and working efficiently. Bartiromo, who has been covering this story for nearly 10 years, wanted answers on why the process has taken so long. “What have you done about it?” she asked point-blank. "Well, look, that's exactly what we're investigating right now. And by the way, what is not in dispute is that the whole Russia hoax, there was absolutely nothing to it," Blanche told Bartiromo. "And so the question that the American people have to ask is, well, then why did they do it? Why did Comey say what he said? Why did the outgoing Obama administration do what they did?” Blanche continued. “And that's what we're studying right now, because it did great damage to this country. It did great damage to President Trump's first term. And we want to understand why that happened, why there are continued to be an effort by operatives in the government to go after President Trump while he was in office, and then, of course, over the past several years as well.” But Bartiromo wasn’t accepting his statements at face value. "I'd like to know why it's taking so long," Bartiromo pressed. "Has the statute of limitations run up? Do you have no more wiggle room in terms of zeroing in on things like the Mueller report, the Nunes report, and all the evidence that was clear — that they knew there was no Russia collusion?" Blanche pushed back on the statute-of-limitations concern, arguing that the conspiracy arguably continued we...
Key PointsOut of three popular international ETFs, the Vanguard International High Dividend Yield ETF has delivered the strongest recent ROI, with 21% average annual returns for the past three years.
Key PointsOut of three popular international ETFs, the Vanguard International High Dividend Yield ETF has delivered the strongest recent ROI, with 21% average annual returns for the past three years.
Ministry of Defence names soldier who fell from her horse as Lance Bombardier Ciara Sullivan, 24, part of the King’s Troop, Royal Horse Artillery A soldier who died after falling from her horse at the Royal Windsor Horse Show was named as Lance Bombardier Ciara Sullivan, 24 – an “exceptional jockey” with an “infectious energy”, her commanding officer said. Sullivan, part of the King’s Troop, Royal...
Ministry of Defence names soldier who fell from her horse as Lance Bombardier Ciara Sullivan, 24, part of the King’s Troop, Royal Horse Artillery A soldier who died after falling from her horse at the Royal Windsor Horse Show was named as Lance Bombardier Ciara Sullivan, 24 – an “exceptional jockey” with an “infectious energy”, her commanding officer said. Sullivan, part of the King’s Troop, Royal Horse Artillery, fell at around 7pm on Friday after exiting the arena. Continue reading...
导读： ①盘持续调整量能走弱，短期市场存在修复预期，资金回流力度是核心观察点；②长鑫存储业绩利好引爆存储产业链，板块全线扩散走强，但高位叠加外围利空，今日大概率分化调整；③机器人赛道迎来新风口，物理 AI 产业逻辑扎实，具备中长期题材炒作空间；④留意人气股大普微停牌核查对次新炒作情绪影响。 昨日市场延续调整，三大指数全线收跌，量能大幅萎缩，在连续调整后，后市会存在着一定的修复预期，届时短线回流强度...
导读： ①盘持续调整量能走弱，短期市场存在修复预期，资金回流力度是核心观察点；②长鑫存储业绩利好引爆存储产业链，板块全线扩散走强，但高位叠加外围利空，今日大概率分化调整；③机器人赛道迎来新风口，物理 AI 产业逻辑扎实，具备中长期题材炒作空间；④留意人气股大普微停牌核查对次新炒作情绪影响。 昨日市场延续调整，三大指数全线收跌，量能大幅萎缩，在连续调整后，后市会存在着一定的修复预期，届时短线回流强度或是后市所需关注的重点。 盘面上来看，受益于长鑫业绩大幅超预期，成功带动整个存储产业链走出趋势性走强行情。其中长鑫概念标的持续领涨，合肥城建凭借长鑫科技核心合作及参股，走出5天4板，上峰水泥同样斩获6天3板。此外行情进一步向上游、下游延伸扩散，从核心存储芯片设计，逐步蔓延至半导体设备、特种材料、封装测试等细分赛道，兆易创新、深科技等多只核心标的盘中强势拉升，创出阶段新高。 不过从短线博弈角度来看，存储芯片产业链经过多轮反复轮动炒作，多数核心标的累计涨幅可观，整体已处于相对高位。而隔夜美股存储板块集体下挫，外围市场情绪走弱，或会对A股存储板块短线做多情绪形成压制，今日板块内部大概率迎来高位分化、强弱切换。 与此同时，机器人板块近期反复活跃，并逐步衍生出“物理AI”等较新的概念方向。所谓物理AI，是指以数据为驱动、深度融合物理规律的人工智能技术，有望在具身智能、智能驾驶、工业制造等场景中加速落地。有观点认为，物理AI代表了人工智能应用的“终局形态”，即智能体不仅理解物理世界的规律，还具备改变物理环境的能力。这一能力的实现，根本在于模型——尤其是世界模型的突破与落地。而模型的突破，核心又在于训练数据：大规模、高质量的具身数据，将有效提升具身模型的泛化能力，从而真正推动物理AI走向实际应用。整体而言物理AI概念或为机器人、高端智造等赛道打开长期成长空间，题材具备长期炒作逻辑与产业支撑。 近端次新赛道成为场内亮眼支线行情，叠加科技题材溢价与次新无套牢盘优势，多只标的大幅冲高。联讯仪器涨超12%，股价超茅台成为A股“新股王”，此外有研复材、理奇智能、大普微同样20CM涨停。不过昨晚大普微公告带动企业级SSD存储需求发展存在一定波动和不确定性，股票停牌核查。对于其余近端次新是否形成利空影响值得关注。
(RTTNews) - The Hong Kong stock market has finished lower in back-to-back sessions, slumping more than 700 points or 3 percent along the way. The Hang Seng Index now rests just above the 25,675 point plateau although it may halt its slide on Tuesday.
(RTTNews) - The Hong Kong stock market has finished lower in back-to-back sessions, slumping more than 700 points or 3 percent along the way. The Hang Seng Index now rests just above the 25,675 point plateau although it may halt its slide on Tuesday.
Suifenhe, a small city in China’s economically depressed rust belt, is a microcosm of an evolving Chinese-Russian trading relationship Suited and booted in a navy twinset tracksuit and colourful high-top trainers, Wang Runguo is hustling. Darting across the gleaming floors of his cavernous car showroom, the 45-year-old from one of China’s poorest provinces is closing on yet another deal. It is all...
Suifenhe, a small city in China’s economically depressed rust belt, is a microcosm of an evolving Chinese-Russian trading relationship Suited and booted in a navy twinset tracksuit and colourful high-top trainers, Wang Runguo is hustling. Darting across the gleaming floors of his cavernous car showroom, the 45-year-old from one of China’s poorest provinces is closing on yet another deal. It is all in a day’s work for the man whose salary has more than doubled in the past year thanks to a well-timed pivot: from corn to cars; from China to Russia. This time last year Wang was working for an agricultural company that grew corn and soya beans for the domestic market. Now he is a manager at Xingyun International Automobile Export, a company founded in August 2025 to cater to the booming new car export industry in Suifenhe, a small city in China’s north-east that borders Russia. “Recently, China and Russia have been moving closer together,” Wang says. “As we move closer, more and more cars are going there.” Continue reading...
Dear Reader, At Bloomberg, we have long recognized Japan’s critical role in the global economy. Since establishing the Tokyo bureau over 30 years ago, our aim has been to bridge the gap between local nuance and global perspective, providing the kind of rigorous, impartial journalism that Japanese business leaders demand. Last year, we undertook a complete overhaul of Bloomberg’s Japanese-language ...
Dear Reader, At Bloomberg, we have long recognized Japan’s critical role in the global economy. Since establishing the Tokyo bureau over 30 years ago, our aim has been to bridge the gap between local nuance and global perspective, providing the kind of rigorous, impartial journalism that Japanese business leaders demand. Last year, we undertook a complete overhaul of Bloomberg’s Japanese-language website. We streamlined the navigation, tailored the experience to local user preferences, and expanded coverage of the issues that matter most to our Japanese readers. The effort represented Bloomberg’s most significant digital investment in a non-English market to date — and the sustained audience growth since then suggests it was the right investment to make. We are now bringing Bloomberg’s global subscription service to Japan. As of May 18, 2026, subscribers in Japan will enjoy access to Bloomberg’s expanded Japanese-language coverage from our Tokyo bureau, a powerhouse of over 100 journalists and analysts, alongside the full breadth of our digital output from more than 100 bureaus worldwide. This transformation is led by Managing Editor Hidefumi Nogami. A veteran of both traditional and digital media, Hidefumi will ensure that our Japanese audience has a comprehensive toolkit for the modern professional. Here is a brief look at what you will receive: Global and Local Content: Comprehensive access to Bloomberg’s coverage of markets, finance, economics and government, international affairs, technology and corporate news from Japan and around the world. Expert Newsletters and Insights: Apple and Tech Reporter Mark Gurman’s Power On newsletter, and a new offering from Bloomberg Economist Taro Kimura. This sits alongside our signature Big Take series, Bloomberg Opinion and in-depth interviews with global leaders. Our flagship Five Things to Start Your Day: Japan Edition newsletter will remain accessible to all readers. Real-Time Market Dynamics and Visualizations: Access to...
(RTTNews) - The Australian stock market is significantly higher on Tuesday, reversing some of the losses in the previous two sessions, following the mixed cues from Wall Street on Monday. The benchmark S&P/ASX 200 index is moving up to near the 8,600.00 level, with gains across m
(RTTNews) - The Australian stock market is significantly higher on Tuesday, reversing some of the losses in the previous two sessions, following the mixed cues from Wall Street on Monday. The benchmark S&P/ASX 200 index is moving up to near the 8,600.00 level, with gains across m
If you just can't choose between refresh rate and resolution, LG's next gaming monitor could solve your problem, as the UltraGear 25G590B monitor is the first one announced that will be capable of a native 1000Hz refresh rate at 1,920 x 1,080 resolution. So far, the 1,000Hz models we've seen have only been capable of 720p at the most, but this 24.5-inch IPS display does not have that limitation, a...
If you just can't choose between refresh rate and resolution, LG's next gaming monitor could solve your problem, as the UltraGear 25G590B monitor is the first one announced that will be capable of a native 1000Hz refresh rate at 1,920 x 1,080 resolution. So far, the 1,000Hz models we've seen have only been capable of 720p at the most, but this 24.5-inch IPS display does not have that limitation, as the company says it's ready for esports competitors (whether they're in an FPS or Excel ), who need maximum responsiveness. We were already asking if anyone could feel the effect of higher refresh rates a few years ago when they hovered around 360 … Read the full story at The Verge.
Nanci Santos/iStock via Getty Images By Jennifer Nash Builder confidence posted a modest gain in May despite persistent affordability challenges and economic uncertainty. The National Association of Home Builders (NAHB) Housing Market Index (HMI) rose 3 points from April to 37 this month, marking the 25th consecutive negative reading. The latest reading was higher than the forecast of 34. The Nati...
Nanci Santos/iStock via Getty Images By Jennifer Nash Builder confidence posted a modest gain in May despite persistent affordability challenges and economic uncertainty. The National Association of Home Builders (NAHB) Housing Market Index (HMI) rose 3 points from April to 37 this month, marking the 25th consecutive negative reading. The latest reading was higher than the forecast of 34. The National Association of Home Builders Housing Market Index is a gauge of builder opinion on the relative level of current and future single-family home sales. The data is collected from a monthly survey of about 900 home builders asking respondents to, "rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes." It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. Here are a few quotes from the press release : “The housing market remains soft as higher mortgage rates, rising gas prices and economic uncertainty related to the war in Iran continue to dampen buyer demand,” said NAHB Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio. “However, efforts in the House to modify the 21st Century ROAD to Housing Act could increase the nation’s housing supply and help ease builder concerns.” “Recent increases for long-term interest rates will continue to hold back home buyer demand,” said NAHB Chief Economist Robert Dietz. “Although some regional markets, including parts of the Midwest, are showing relative strength, the housing market continues to face significant affordability challenges.” Here is the historical series, which dates from 1985. Components of the the NAHB Housing Market Index The NAHB Housing Market Index is calculated based off of three components: current sales, expected sales in the next six months, and traffic of prospective buyers. Here are the readings for May...