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Nexon stock jumps 10% after report of Tencent considering acquisition (TCEHY:Pink Current Info) | Seeking Alpha
Nexon (NEXOF) shares jumped 10% in Tokyo following a Bloomberg report that Tencent Holdings (TCEHY) (TCTZF) is exploring a potential acquisition of the gaming company to strengthen its position in the industry.
Insmed prices capital raise of $750 via stock offering | Seeking Alpha
Insmed Incorporated (NASDAQ:INSM) has announced that it priced an underwritten public offering of 7,812,500 shares of its common stock at $96.00 per share. The gross proceeds to Insmed from the offering are expected to be approximately $750 million.
CPKC announces C$1.4 billion debt offering (CP:NYSE) | Seeking Alpha
Canadian Pacific Kansas City (CP) announced that its wholly owned subsidiary, Canadian Pacific Railway, will issue C$500 million in 4.00% Notes due 2032, C$600 million in 4.40% Notes due 2036, and C$300 million in 4.80% Notes due 2055.
Ibotta authorizes additional $100 million for share repurchase | Seeking Alpha
Ibotta (NYSE:IBTA) has announced that its board has approved an increase to its share repurchase program, with authorization to purchase up to an additional aggregate of $100 million of the company’s Class A common stock, with no expiration date.
Alibaba, Tencent suspend AI tools amid crucial national exam in China (BABA:NYSE) | Seeking Alpha
China’s most popular AI chatbots, such as Alibaba’s (BABA) Qwen, are said to have temporarily disabled functions, including picture recognition, to prevent students from cheating during the country’s annual “gaokao” college entrance examinations.
China's trade surplus widens amid weaker exports & deeper import slump | Seeking Alpha
China's trade surplus widened sharply to USD 103.22 billion in May 2025, up from USD 81.74 billion in the same period a year earlier and surpassing market expectations of USD 101.3 billion, as exports rose while imports dropped more than expected.
Asia markets rise ahead of US-China trade talks;investor assess econom | Seeking Alpha
Asia stock markets rise on Monday as investors assessed potential easing of US-China trade tensions and the latest economic data. Market participants also turned their attention to upcoming US-China trade talks, senior officials from the U.S. and China
Metaplanet soars on $5.4B share offering plan to amass 210K Bitcoin by 2027 (MTPLF:Grey Market) | Seeking Alpha
Metaplanet's (MTPLF) Tokyo-listed shares jumped 16% on Monday after the company announced plans to raise approximately $5.4 billion to expand its Bitcoin holdings, which are already valued at nearly $1 billion.
Citigroup to cut 3,500 jobs at China tech centers (C:NYSE) | Seeking Alpha
Citigroup (C) will cut about 3,500 jobs at its two major technology centers in China as a part of a broader global restructuring effort aimed at simplifying its technology operations for better data and risk management and reducing costs.
Houston American Energy announces 1-for-10 reverse stock split | Seeking Alpha
Houston American Energy (NYSE:HUSA) announced a 1-for-10 reverse stock split, effective after market close on June 6, 2025. The company's stockholders approved a reverse stock split of its common stock at a special meeting on April 24, 2025,
Japan's Honda scales back EV investments, shifts focus to hybrid vehicles (HMC:NYSE) | Seeking Alpha
Honda Motor (NYSE:HMC) said on Tuesday that it was scaling back its investment in electric vehicles due to weakening demand and would instead shift focus toward meeting rising demand for hybrid models with new offerings.