(RTTNews) - Brambles Limited (BXBLY), a logistics solutions provider, on Monday revised its fiscal 2026 guidance lower, citing repair capacity constraints that developed in the central and northeastern regions of its U.S. service centre network during April 2026.
(RTTNews) - Brambles Limited (BXBLY), a logistics solutions provider, on Monday revised its fiscal 2026 guidance lower, citing repair capacity constraints that developed in the central and northeastern regions of its U.S. service centre network during April 2026.
Major Wall Street firms are doubling their price targets on Kioxia Holdings Corp. after the Japanese memory-chip maker gave a stronger-than-expected outlook. Citigroup Global Markets Japan Inc., JPMorgan Securities and Morgan Stanley MUFG Securities Co. all rushed to hike their targets since Kioxia’s earnings Friday showed profit soared. Morgan Stanley designated the company as its top pick, sayin...
Major Wall Street firms are doubling their price targets on Kioxia Holdings Corp. after the Japanese memory-chip maker gave a stronger-than-expected outlook. Citigroup Global Markets Japan Inc., JPMorgan Securities and Morgan Stanley MUFG Securities Co. all rushed to hike their targets since Kioxia’s earnings Friday showed profit soared. Morgan Stanley designated the company as its top pick, saying growth in real-world use of AI is expected to continue, and that Kioxia has solid free cashflow and shareholder return potential. That’s even after the shares surged almost 2,000% over the past year, driven by demand from global AI data center buildout, and turning Kioxia into the world’s best-performing major stock this year. The company was untraded in a glut of buy orders Monday and was set to jump by 16%, its daily limit. Read: Kioxia Preps US Listing After Riding AI Boom to Big Profit On average, the price target for Kioxia climbed about 44% to ¥63,843 ($402) as of Monday, from just over ¥44,000 the day before the earnings announcement. That marks the biggest post-results jump among companies on Nikkei 225 Stock Average and would be an increase of over 40% from Friday’s close. The former unit of Toshiba Corp.’s chip business has historically focused on NAND, the fast storage technology that replaced hard drives in everything from laptops to large-scale data centers. Its Korean competitors also make DRAM, which performs a similar function, but they have recently allocated more resources to high bandwidth memory, allowing Kioxia to field more orders in the NAND market.
JHVEPhoto Samsung Electronics ( SSNLF ) stock rebounded on the KOSPI exchange after the company and its labor union resumed government-led wage negotiations aimed at averting a strike at its semiconductor operations. These efforts come days after the first round of mediation collapsed over disagreements on performance-based bonuses, ahead of an 18-day strike scheduled to begin Thursday. “We will p...
JHVEPhoto Samsung Electronics ( SSNLF ) stock rebounded on the KOSPI exchange after the company and its labor union resumed government-led wage negotiations aimed at averting a strike at its semiconductor operations. These efforts come days after the first round of mediation collapsed over disagreements on performance-based bonuses, ahead of an 18-day strike scheduled to begin Thursday. “We will participate in this second round in good faith,” Choi Seung-ho, head of Samsung Electronics’ largest labor union, told reporters at the National Labor Relations Commission office in Sejong, according to Yonhap News Agency. Adding pressure on the union, a South Korean court partially granted Samsung’s ( SSNLF ) request for an injunction, ordering the union to ensure any strike does not disrupt production. Under Monday’s ruling, any strike action must not lead to the degradation of production materials, while safety-related operations and measures to prevent product damage must continue. Earlier on Monday, President Lee Jae Myung said corporate management rights should be respected alongside labor rights. “In South Korea, which has adopted the basic orders of democracy and free market economy, labor should be respected as much as companies, and corporate management rights should also be respected as much as labor rights,” Lee wrote on X. Samsung Electronics ( SSNLF ) stock jumped about 7% in morning trade on KOSPI against the benchmark KOSPI index that saw marginal gains. More on Samsung Electronics Samsung Electronics Co., Ltd. (SSNLF) Q1 2026 Earnings Call Transcript Samsung Electronics Co., Ltd. 2026 Q1 - Results - Earnings Call Presentation Samsung: Q1 Profit Guide Well Ahead Of Consensus, Remains A Buy Samsung Electronics strike threat puts AI chip boom at risk Kioxia prepares for US listing after surging 300% this year on TYO
An infrastructure boom is driving significant demand for steel despite escalating geopolitical tensions and rising energy supply chain costs. Jayant Acharya, Joint MD and CEO of JSW Steel, the country's largest steel producer, joined Insight with Haslinda Amin to discuss the company's capital expenditure plans and the broader economic outlook. (Source: Bloomberg)
An infrastructure boom is driving significant demand for steel despite escalating geopolitical tensions and rising energy supply chain costs. Jayant Acharya, Joint MD and CEO of JSW Steel, the country's largest steel producer, joined Insight with Haslinda Amin to discuss the company's capital expenditure plans and the broader economic outlook. (Source: Bloomberg)
Jia Tianbing A former provincial branch head at Bank of China Ltd. (BOC) ( 601988.SH ) has been expelled from the Communist Party and public office and referred for criminal prosecution on suspicion of bribery and embezzlement, China’s top anti-corruption watchdog said. The watchdog said Jia Tianbing secured benefits for others in matters including credit approvals and business deals in exchange f...
Jia Tianbing A former provincial branch head at Bank of China Ltd. (BOC) ( 601988.SH ) has been expelled from the Communist Party and public office and referred for criminal prosecution on suspicion of bribery and embezzlement, China’s top anti-corruption watchdog said. The watchdog said Jia Tianbing secured benefits for others in matters including credit approvals and business deals in exchange for huge bribes.
Influential Wall Street investor Jordi Visser viewed Dogecoin (CRYPTO: DOGE) as a key indicator of retail interest in cryptocurrency on Friday, encouraging traders to keep a close eye on it. Is DOGE About To Breakout? During an interview with entrepreneur and investor Anthony Pompliano, Visser said that DOGE doesn’t really hold any significance from an institutional point of view, and has nothing ...
Influential Wall Street investor Jordi Visser viewed Dogecoin (CRYPTO: DOGE) as a key indicator of retail interest in cryptocurrency on Friday, encouraging traders to keep a close eye on it. Is DOGE About To Breakout? During an interview with entrepreneur and investor Anthony Pompliano, Visser said that DOGE doesn’t really hold any significance from an institutional point of view, and has nothing associated with what he does. “The reason I started looking at it is technically it looks close to a
澳大利亚第二大油气生产商桑托斯公司（Santos）18日宣布，其位于美国阿拉斯加州的Pikka开发项目一期工程已成功实现首次出油。 受该投产消息提振，桑托斯公司股价当日盘中最高上涨3.1%至8.12澳元，创下自4月13日以来的新高。当日，澳大利亚标普/ASX 200基准指数整体下跌1.4%，但能源板块子指数实现1.9%的上涨。投资机构Shaw and Partners高级投资顾问克雷格·西德尼指出...
澳大利亚第二大油气生产商桑托斯公司（Santos）18日宣布，其位于美国阿拉斯加州的Pikka开发项目一期工程已成功实现首次出油。 受该投产消息提振，桑托斯公司股价当日盘中最高上涨3.1%至8.12澳元，创下自4月13日以来的新高。当日，澳大利亚标普/ASX 200基准指数整体下跌1.4%，但能源板块子指数实现1.9%的上涨。投资机构Shaw and Partners高级投资顾问克雷格·西德尼指出，在当前国际油价保持强劲且企业产量预期上升的背景下，该项目的产能增长释放了重大的积极信号。 责任编辑：龙运翔
J Studios/DigitalVision via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The Neuberger Next Gen Connectivity Fund ( NBXG ) continues to trade at a deep discount, though it isn't for a lack of performance. Since our last update , the fund has seen strong total returns, outpacing the S&P 500 Index during this period. During periods when the broader equity market is more vol...
J Studios/DigitalVision via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The Neuberger Next Gen Connectivity Fund ( NBXG ) continues to trade at a deep discount, though it isn't for a lack of performance. Since our last update , the fund has seen strong total returns, outpacing the S&P 500 Index during this period. During periods when the broader equity market is more volatile, seeing deep or deepening discounts in closed-end funds isn't all that unusual. For NBXG, it has been pretty consistently trading at a deep discount, but it had started to narrow through 2025 before widening back out to these more attractive levels. For income investors who want exposure to a tech-heavy portfolio, this could be a great choice currently based on its valuation and the monthly distribution. Even further, the fund provides some private exposure that differentiates it from some of the other options available in the tech-heavy CEF space. NBXG Basics 1-Year Z-score: -0.78 Discount/Premium: -13.78% Distribution Yield: 9.88% Expense Ratio: 1.35% Leverage: N/A Managed Assets: $1.391 billion Structure: Term (anticipated liquidation date of May 26, 2033) NBXG is a "non-diversified, limited-term closed-end management investment company focused on next-generation mobile network connectivity and technology." The fund's investment strategy "focuses on equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that, in the portfolio managers' view, demonstrate significant growth potential from the development, advancement, use, or sale of products, processes, or services related to the fifth-generation mobile network and future generations of mobile network connectivity and technology." Strong Results, but Discount Remains Substantial As noted at the open, we've seen the fund outperform the S&P 500 Index since our last update. At that time, technology was performing relatively weakly, and with NBXG's heavy allocation to tech, that was...
She tells the untold version of the American Revolution in a fascinating two-parter. Plus, the Chelsea flower show kicks off. Here’s what to watch this evening 9pm, BBC Two Another sparky history lesson with expert Lucy Worsley, as she tells the British perspective – or “the untold version” – of the American Revolution. Marking the 250th anniversary of the Declaration of Independence, the two-part...
She tells the untold version of the American Revolution in a fascinating two-parter. Plus, the Chelsea flower show kicks off. Here’s what to watch this evening 9pm, BBC Two Another sparky history lesson with expert Lucy Worsley, as she tells the British perspective – or “the untold version” – of the American Revolution. Marking the 250th anniversary of the Declaration of Independence, the two-parter starts in New York where George Washington read out “the ultimate breakup letter”, then looks at the events of King George III’s reign that led up to this moment. Hollie Richardson Continue reading...
China has agreed to buy at least $17 billion of agricultural products annually through 2028, the US said after Donald Trump and Xi Jinping held a major summit in Beijing last week. Bloomberg's Stephen Engle has the details. (Source: Bloomberg)
China has agreed to buy at least $17 billion of agricultural products annually through 2028, the US said after Donald Trump and Xi Jinping held a major summit in Beijing last week. Bloomberg's Stephen Engle has the details. (Source: Bloomberg)
贝恩资本（Bain Capital）5月17日宣布，其第六期亚洲私募股权基金（Bain Capital Asia Fund VI）已完成募集，总募资额达105亿美元。 贝恩资本公布的数据显示，第六期亚洲基金的初始募资目标为70亿美元。在最终募集的105亿美元总额中，约91亿美元来自外部投资者，其余资金由贝恩资本合伙人、员工及相关实体出资。与2023年募集的71亿美元第五期亚洲基金相比，新一期基金规...
贝恩资本（Bain Capital）5月17日宣布，其第六期亚洲私募股权基金（Bain Capital Asia Fund VI）已完成募集，总募资额达105亿美元。 贝恩资本公布的数据显示，第六期亚洲基金的初始募资目标为70亿美元。在最终募集的105亿美元总额中，约91亿美元来自外部投资者，其余资金由贝恩资本合伙人、员工及相关实体出资。与2023年募集的71亿美元第五期亚洲基金相比，新一期基金规模增长近48%。 贝恩资本在声明中指出，此次募资结果反映了投资者对该机构在亚洲市场20年投资业绩及应对复杂投资环境能力的信心。贝恩资本亚洲私募股权业务主管杉本勇次强调，该机构“持续看好整个亚太地区蕴含的重大投资机遇”。 责任编辑：龙运翔
ronniechua China's economy slowed down sharply in April 2026 as geopolitical fallout from the war in Iran weighed heavily on consumer spending and factory output. Retail Sales: Growth flattened to just 0.2% year-over-year, marking the weakest performance since late 2022. This was a sharp deceleration from March’s 1.7% increase and fell well short of the 2.0% gain expected by markets. Factory Outpu...
ronniechua China's economy slowed down sharply in April 2026 as geopolitical fallout from the war in Iran weighed heavily on consumer spending and factory output. Retail Sales: Growth flattened to just 0.2% year-over-year, marking the weakest performance since late 2022. This was a sharp deceleration from March’s 1.7% increase and fell well short of the 2.0% gain expected by markets. Factory Output: Industrial production cooled to a low of 4.1% year-over-year. This missed the 5.9% consensus estimate and marked a notable slowdown from the 5.7% expansion seen in March. Business Investments: Fixed-asset investment dropped by 1.6% for the January–April period, completely reversing the 1.7% growth logged in Q1 and missing Wall Street's forecast of a 1.6% increase. Unemployment: The urban unemployment rate edged down to 5.2% from a one-year high of 5.4% in March. This beat market expectations of 5.3% and marked its lowest level since January 2026. Property Market: The housing crisis deepened as new home prices across 70 major cities shrank 3.5% year-over-year. This follows a 3.4% decline in March, marking the 34th consecutive month of contraction and the steepest drop since May 2025. On Monday, the Shanghai Composite edged up 0.2% to 4,143, while the Shenzhen Component rose 0.3% to 15,610 , and the offshore yuan weakened to around 6.81 per dollar on Monday, extending losses from the previous week as a series of weak economic data weighed on sentiment. ETFs: (NYSEARCA: FXI ), (NYSEARCA: KWEB ), (NYSEARCA: CQQQ ), (NASDAQ: MCHI ), (NYSEARCA: ASHR ), (NYSEARCA: YINN ), (NYSE: TDF ), (NYSEARCA: CHIQ ), (NYSEARCA: GXC ), (NYSEARCA: EWH ), (NYSEARCA: KBA ), (NYSEARCA: YANG ), (NASDAQ: CXSE ), (NYSE: CAF ), (NYSEARCA: CWEB ), (NASDAQ: PGJ ), (NYSEARCA: KURE ). Currency: ( CNY:USD ) More on China markets and economy: Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce China A50 Bullish Breakout Above 6-Month Resistance CQQQ: Fairly Valued For A Reason Trump departs from China ...
Francis Wedin, Executive Chair at Vulcan Energy Resources, discusses the company's business strategy and the impact from the price swings in the lithium market. He speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the BNP Paribas Global Electric Vehicle and Mobility Conference in Hong Kong. (Source: Bloomberg)
Francis Wedin, Executive Chair at Vulcan Energy Resources, discusses the company's business strategy and the impact from the price swings in the lithium market. He speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the BNP Paribas Global Electric Vehicle and Mobility Conference in Hong Kong. (Source: Bloomberg)
Takaomi Tomioka, Co-Head and Partner at Carlyle Japan, discusses the investment opportunities in the private equity market and sees the Bank of Japan raising interest rates by 25 basis points twice this year. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)
Takaomi Tomioka, Co-Head and Partner at Carlyle Japan, discusses the investment opportunities in the private equity market and sees the Bank of Japan raising interest rates by 25 basis points twice this year. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)