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Hong Kong-listed chip stocks continued their upward surge, with Tianshu Zhixin (09903.HK) rising over 20%, Biren Technology (06082.HK) gaining nearly 8%, Hua Hong Semiconductor (01347.HK) and SMIC (00981.HK) both rising over 7%, and other stocks such

2026-04-30

Hong Kong-listed chip stocks continued their upward surge, with Tianshu Zhixin (09903.HK) rising over 20%, Biren Technology (06082.HK) gaining nearly 8%, Hua Hong Semiconductor (01347.HK) and SMIC (00981.HK) both rising over 7%, and other stocks such as Hongguang Semiconductor (06908.HK), Solomon Semiconductor (02878.HK), and Montage Technology (06809.HK) following suit.

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2026-04-30

PAYPAL'S NEW CEO IS SPINNING OFF VENMO INTO A STANDALONE BUSINESS UNIT AS POTENTIAL BUYERS HOVER — CNBC

PAYPAL'S NEW CEO IS SPINNING OFF VENMO INTO A STANDALONE BUSINESS UNIT AS POTENTIAL BUYERS HOVER — CNBC
2026-04-30

1. The Indonesian Palm Oil Association (GAPKI) predicts that Indonesian crude palm oil production may decrease by up to 2 million tons in 2026 due to El Niño weather and high fertilizer prices. 2. Jiang Wei, Vice President and Secretary-General of t

1. The Indonesian Palm Oil Association (GAPKI) predicts that Indonesian crude palm oil production may decrease by up to 2 million tons in 2026 due to El Niño weather and high fertilizer prices. 2. Jiang Wei, Vice President and Secretary-General of the China Iron and Steel Association, stated that rising oil prices, influenced by the situation in the Middle East, have led to increased mining costs and freight, as well as rising inflation expectations. Despite iron ore port inventories reaching a record high of 170 million tons in April, imported iron ore prices are still fluctuating at high levels of $105-$110 per ton. 3. Kazakhstan's Energy Ministry stated on Wednesday that it is not considering withdrawing from OPEC+, following the UAE's announcement the day before that it would withdraw from the oil-producing organization amid the energy crisis triggered by the war with Iran. 4. Vale released its first-quarter 2026 financial report, showing improved sales performance across all business segments. Sales volume: Iron ore, copper, and nickel sales increased by 4% (3 million tons), 11% (9,000 tons), and 15% (6,000 tons) year-on-year, respectively. 5. The World Gold Council's Q1 2026 Global Gold Demand Trends report shows that total global gold demand (including over-the-counter transactions) reached 1,231 tons in the first quarter, a year-on-year increase of 2%.
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