Morning Bid: Stocks surge in Seoul as Samsung surpasses Berkshire
A look at the day ahead in European and global markets from Gregor Stuart Hunter Global stocks were at record highs on Wednesday as some of Asia's biggest markets returned from a holiday in euphoric mood and resumed ramping up AI-related trades. A ra...
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Lynas CEO says US, Europe rules sway buyers from Chinese rare earths
MELBOURNE, May 6 (Reuters) - New government regulations in the U.S. and Europe are helping to push customers to buy rare earth products from suppliers outside China, the chief executive of Australia's Lynas Rare Earths said on Wednesday. China is the...
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Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO, FT reports
May 5 (Reuters) - Jeff Bezos's space venture Blue Origin has outlined a new stock plan for employees in its bid to quell staff unrest and make the incentives more competitive with its rival, SpaceX, the Financial Times reported on Wednesday, cit...
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Philippines urges Myanmar to grant ASEAN envoy access to Aung San Suu Kyi
MANILA, May 6 (Reuters) - The Philippines called on Myanmar on Wednesday to allow ASEAN's special envoy to meet with detained leader Aung San Suu Kyi, pressing for greater transparency after authorities allowed her to serve the remainder of her sente...
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South Korea's HMM says ship set ablaze in Strait of Hormuz to be towed to Dubai
SEOUL, May 6 (Reuters) - South Korean shipper HMM said on Wednesday it had secured a vessel to tow a bulk carrier it operates to a port in Dubai after an explosion and fire damaged the ship, which had been stranded in the Strait of Hormuz. U.S. Presi...
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