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Sean Lee
08/05/2012 | 03:12 GMT

Nikkei +0.6%, Kospi +0.5%, HK +0.3%, Shanghai -0.3% and Sydney +0.1%.

Gold $1638/oz; Oil $97.80/bbl

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SpaceX eyes $1.75T valuation in IPO, earmarking big share for retail investors. High demand expected.

Reuters
3m ago

SpaceX plans a record IPO, targeting a late May filing and June roadshow. The deal could raise $75bn at a $1.75tn valuation, with an unprecedented retail allocation set to reshape IPO dynamics and test global equity demand.

investingLive Exclusive
18m ago

Health insurers like UNH & HUM jump 5%+ on 2.48% Medicare Advantage payment boost. Valuation looks strong.

Investor's Business Daily
22m ago

Hopes for a U.S.-Iran deal are fading ahead of Trump’s deadline to reopen Hormuz, with officials warning the gap remains wide. Failure could trigger strikes on Iranian infrastructure, raising risks for oil markets and global volatility.

Hopes for a U.S.-Iran deal are fading ahead of Trump’s deadline to reopen Hormuz, with officials warning the gap remains wide. Failure could trigger strikes on Iranian infrastructure, raising risks for oil markets and global volatility.
investingLive Exclusive
23m ago

PBOC sets USD/ CNY reference rate for today at 6.8854 (vs. estimate at 6.8773) The 6.8854 rate is the strongest, for CNY, in nearly 3 years.

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24m ago

Crude futures climb $1+ as Trump's Iran deadline looms. Geopolitical risk premium boosts oil prices.

Bloomberg
33m ago
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