Discover why Little Pepe is drawing attention in the meme coin market with its Layer Two blockchain, growing community, strong presale demand, and expansion plans.
Anthropic, OpenAI and SpaceX are about to turn the market on its head.
The world’s getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways, affordability to worsen, imperilling economic growth and creating a new risk for Republicans in November’s midterm elections.
MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia intends to exit the Philippine Stock Exchange as it is set to become directly part of the DoubleDragon Group.
The local stock market climbed for a second straight session, as bargain-hunting activities persisted amid some positive developments on the local front.
For investors who are still willing to play the equities market and brave enough to pick up stocks that offer an upside potential, First Metro Securities is reiterating its buy recommendation on Puregold Price Club Inc., or PGOLD, at a target price of P60 per share.
When discussions about national competitiveness arise, the conversation usually revolves around infrastructure, taxes, power costs, or ease of doing business.
HSBC has made for a stunning investment. Andrew Mackie assesses whether new ISA investors could still see similar returns over the next five years. The post £5,000 invested in HSBC shares in an ISA 5 years ago is now worth... appeared first on The Twelfth Magpie .
Marvell's AI story is gaining momentum, but the stock's huge run raises a harder question: is the opportunity still early, or has the market already priced it in?
A NOTICE released by the Shanghai Stock Exchange on Monday said that Unitree Robotics’ initial public offering (IPO) has met the requirements for issuance, listing and information disclosure. According to Unitree Robotics’ prospectus, the company plans to raise 4.2 billion yuan ($583.3 billion) through the IPO, with the proceeds to be earmarked for four major projects — intelligent robot model development, robot hardware development, new intelligent robot product development and the construction of an intelligent robot manufacturing base. As a globally well-known important player in the humanoid robotics industry, Unitree has established a product portfolio spanning quadruped and humanoid robots, while expanding into producing key components including dexterous hands, collaborative robotic arms and LiDAR systems, building a robotics product matrix centered on mobility, manipulation and interaction, according to The Paper. From 2023 to 2025, Unitree Robotics reported revenues of 159.13 million yuan, 392.37 million yuan and 1.71 billion yuan, respectively, while net profit stood at a loss of 11.15 million yuan, followed by profits of 94.5 million yuan and 288 million yuan, according to The Paper’s report. In the high-investment, high-performance general-purpose robotics sector, the company is among the few robot makers globally to achieve both large-scale commercialization and profitability, the report said. In 2025, Unitree shipped more than 5,500 humanoid robots globally — excluding wheeled dual-arm robots — ranking first worldwide in shipment volume. The accelerated progress of Unitree Robotics’ IPO on the STAR Market marks a new stage for China’s domestic robotics industry, shifting from being driven primarily by primary market financing to independent pricing in public capital markets, industry observers said. Beyond Unitree, a growing number of leading domestic hard-tech companies have recently moved to tap the capital market. In May, China’s semiconductor industry reached a historic milestone in the capital market. The China Securities Regulatory Commission (CSRC) on May 19 disclosed on its website that Chinese memory chipmaker Yangtze Memory Technologies Holding Co. had completed its IPO tutoring filing registration with the Hubei bureau of the CSRC, signaling its plan for a market listing. It’s the second Chinese memory chipmaker in May to advance its listing process. And, on May 17, the Shanghai Stock Exchange disclosed on its website that the STAR Market listing review status of Changxin Memory Technologies had been restored from “suspended” to “under inquiry,” marking the resumption of its IPO review process. Memory chips, which serve as the “memory” of electronic devices, are often described as the “data granary” of the artificial intelligence era.
EASTWEST Bank said its priority banking business was continuing to rapidly expand, driven by growing demand among affluent Filipinos for diversified investment options and personalized wealth management services. “I think the growth has been very significant over the past few years. And I think what we will do is we will continue with that pace and momentum,” EastWest CEO Jerry Ngo told reporters late on Monday. He said the bank’s priority banking client base had increased since the segment was acquired from Standard Chartered Bank in 2015, growing from about 2,000 clients at inception to more than 10,000 today. He added that the enhanced EastWest Priority Banking program offered a more seamless and comprehensive banking experience for high-net-worth clients. Members gain access to personalized wealth and investment solutions, including bonds, UITFs, stocks, specialized investment products, gold-related investments, insurance and portfolio management guidance. The bank also expanded its physical footprint from just two or three centers to around 12 to 13 nationwide, with plans to scale up to as many as 20 priority centers in the coming years. EastWest Senior Executive Vice President Rafael Algarra Jr. said they expected the growth to continue despite market volatility. “Despite the challenges we have this year because of all the uncertainty, as we've pointed out, we believe that the system we put together and the roadmap that we have will be resilient against the current environment,” he said. The bank’s clients are supported by relationship managers, trained by the Singapore Management University, who provide long-term financial advice and help connect them with the right banking and investment opportunities. Ngo said clients were now responding to ongoing macroeconomic uncertainty by broadening their investment exposure beyond traditional asset classes. “What we see is further diversification. Clients are increasingly exploring gold, real estate, foreign investments and other alternative assets as hedges against volatility.” Ngo said the bank was ramping up provisions and tightening risk management measures in preparation for potential asset quality pressures amid market volatility. “What we need to do, and I think that goes with everyone, is to be a bit more risk conscious at this age and time.” Provisioning buffers and internal risk controls were said to have been strengthened to ensure resilience against potential asset quality pressures, particularly as higher interest rates over the past years continue to filter through the financial system. “We have constantly been looking at ramping up provisions to make sure that we are able to hurdle through the cycles. Luckily, we actually saw things much earlier,” Ngo said. EastWest’s share price was unchanged at P12.24 apiece on Tuesday.
MELBOURNE, Australia — Shares in Australia’s Northern Star Resources jumped on Tuesday after activist investor Elliott Investment Management disclosed an over AU$1-billion ($714.60-million) stake and called for it to launch a strategic review that would consider a sale. The US-based investor cited gold miner Northern Star’s underperformance versus peers, “repeated operational missteps,” seven outlook misses in four years and “deeply inadequate disclosures compared to global senior peers,” in a statement. Elliott has taken the position in Australia’s largest gold miner as Northern Star, which has a market value of about $19 billion, readies for a leadership change. Managing Director Stuart Tonkin last month announced his resignation, effective in the first quarter of 2027, after 13 years. Northern Star’s share price rallied 9.5 percent on Tuesday, paring prior losses of more than 25 percent this year, compared to peers Evolution Mining and Perseus Mining, which had dropped 2 percent and 8 percent, respectively. The bid comes against a backdrop of gold prices that have eased by around a quarter from records hit earlier this year and as cash-rich gold miners pursue mergers and acquisitions for growth. “The company does need to be shaken up,” said portfolio manager Brenton Saunders of Pendal Group in Sydney, who added he agreed with many of Elliott’s points. “Their (Elliott’s) MO is usually very effective, if somewhat unorthodox.” Strategic review Elliott, which ran a high-profile activist campaign at Australian miner BHP Group a decade ago, described a clear path forward for Northern Star, focused on conducting a strategic review in tandem with an external CEO search and a process to identify operational improvements. The fund said it would push for a faster CEO appointment, a board refresh and the prompt exploration of all strategic alternatives, including a sale of the company. “Northern Star’s recent pattern of operational missteps, cost overruns and inconsistent strategic direction demands urgent action,” Elliott said. Elliott said first-round bids in a strategic review could come as soon as July, with a transaction announced as soon as December, or new targets could be announced at an investor day as early as December should the board prefer to turn the company around. Over the past year, Northern Star has faced several setbacks at its Kalgoorlie gold operations in Western Australia, and it said achieving the lower end of its fiscal 2026 production guidance would be challenging. In its presentation, Elliott, which manages nearly $79.8 billion in assets, said Northern Star should also refresh its board with directors with operational expertise in gold mining. Elliott also said Northern Star’s valuation materially understated the quality of its underlying assets. It described the Kalgoorlie mine, known locally as the “Super Pit,” as potentially one of the world’s largest gold mines and Northern Star’s Hemi project in Western Australia’s north as among the most attractive greenfield gold projects in the developed world. The Australian Financial Review first reported on Elliott’s stake in Northern Star on Monday.