HONG KONG (Reuters) -Shares of China battery giant CATL opened 12.5% higher than the subscription price on Tuesday after the company raised $4.6 billion in its Hong Kong listing, the largest of its kind in the world this year. CATL shares started trading at HK$296 each in Hong Kong after the firm sold its shares at HK$263 apiece in the...

11:04 AM EDT, 05/19/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts kicked off the week higher late Monday morning, rising 0.43% to 1,439.75 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by semiconductor company Sequans Communications ( SQNS ) and biotech firm BioNTech (BNTX), which rose 3.8% and...

12:19 PM EDT, 05/19/2025 (MT Newswires) -- The European stock markets closed mixed in Monday trading as the Stoxx Europe 600 was unchanged, Germany's DAX rose 0.58%, the FTSE 100 gained 0.17%, France's CAC 40 was off 0.04%, and the Swiss Market Index was up 0.18%. The euro area annual inflation rate was 2.2% in April, which was unchanged from...

SYDNEY, May 20 (Reuters) - Australia's central bank on Tuesday cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it also remained cautious on further easing. The Australian dollar fell 0.4% to $0.6430 and three-year bond futures rose 5 ticks to 96.40. Swaps...