China's manufacturing activity expanded in May with the private sector PMI at 51.8, slightly above expectations but down from April's 52.2, indicating slower growth. The official manufacturing PMI fell to 50, signaling subdued sector growth alongside increased services activity and a decline in construction. Despite weak retail sales growth hitting a 40-month low in April, domestic tourism and spending rose during the May holiday, with smaller cities seeing higher hotel occupancy rates. These mixed signals suggest cautious optimism about China's economic recovery amid ongoing challenges.
Atlas Salt Inc. announced a $10 million bought deal financing agreement with Ventum Financial Corp. and Raymond James Ltd. to sell 8.33 million shares at $1.20 each, with an option to sell an additional 15%. The funds will support site preparation, e...
Topicus.com Inc., through its subsidiary TSS Europe B.V., has submitted a revised non-binding proposal to acquire ReadyTech Holdings Limited. The offer includes a scheme of arrangement at A$2.00 per share or an alternative off-market takeover bid at ...
Turkey's cryptocurrency market has surged to approximately $200 billion in transaction volume over the past year, making it the largest in the Middle East and North Africa (MENA) region. This growth, driven largely by speculative trading amid economi...
LG Display announced a Taipei roadshow from June 4-10 to showcase its latest Gaming OLED monitors, including the world's first mass-produced 39-inch 5K2K OLED panel and a 27-inch RGB Stripe OLED with a 240Hz refresh rate. The event highlights LG Disp...
Solana (SOL) hovered around $80 after Goldman Sachs fully exited its Solana-related ETF exposure, signaling reduced institutional demand. Large token sales by a major meme-coin platform added selling pressure, contributing to a weakening price moment...
