News

Jefferies: Raised its target price on Wal-Mart Stores Inc. (WMT.N) to $150 from $145.

According to the Financial Times: Bank of England deputy governor Breeden said the Bank of England should not be too "aggressive" on interest rates.

According to the Financial Times: Bank of England deputy governor Britton warned that political uncertainty will have an impact on business.

India's NIFTY 50 index fell 1%.

The bid-to-bid ratio at Japan's 5-year government bond auction was 3.22.

Traders: RBI may sell USD near Rs 96.20 level.

At the close of early trading, the main domestic futures contracts were mixed. Low-sulfur fuel oil (LU) rose nearly 8%, SC crude oil rose nearly 6%, synthetic rubber and fuel oil rose more than 4%, the European container shipping line rose nearly 4%, and liquefied petroleum gas (LPG) rose more than 3%. In terms of decline, Shanghai Silver fell by more than 9%, Shanghai Tin and Apple fell by more than 3%, and Platinum and Red Dates fell by more than 2%.

Japanese Prime Minister Takaichi Sanae: Last week, he instructed ministers to consider financing measures including additional budgets.

Kristina Hooper, chief market strategist at Man Group: Japanese investors are enthusiastic about the current level of Japanese bond yields, which will prompt more funds to flow into Japan's domestic bond market. But the move will push up yields in other markets, especially on assets such as U.S. Treasuries.

Australia's S&P/ASX200 index fell 1.4% to 8,507.60 points, its lowest level since April 1.

Hong Kong stock Jinhui Holdings (09993.HK) continued to rise by more than 90%, and closed up by more than 200% on the previous trading day.

According to Nikkei: Nidec is expected to end its electric vehicle joint venture with Strantis.

Japan's 2-year government bond yield rose 3.0 basis points to 1.435%.

Japan's 30-year government bond yield rose 20 basis points to 4.2%.

Japan will issue 2.5 trillion yen of five-year government bonds with a coupon rate of 2.0%.

Japan's 5-year government bond yield rose 5 basis points to 2.035%.

German Bund futures and French Bund futures were down 0.4% in early trading.

Hong Kong stock Leap Motors (09863.HK) opened down 3.23%. The company's net loss in the first quarter of 2026 was 390 million yuan. The increase in year-on-year losses was mainly due to the decline in total gross profit and the increase in expenses.

Japan's 30-year government bond yield rose 17 basis points to 4.170%, a record high.

HSI opened on May 18 (Monday), down 123.77 points, or 0.48%, to 25838.96 points;Hong Kong’s Hang Seng Technology Index opened on May 18 (Monday), down 43.43 points, or 0.88%, to 4897.71 points ;The state-owned enterprise index opened down 43.57 points, or 0.5%, to 8647.46 points on May 18 (Monday);The red chip index opened down 18.16 points, or 0.4%, to 4517.06 points on May 18 (Monday).