BigBear.ai Inks 10-Year Multiple Award $900 Million IDIQ Contract With US Air Force

Asian Shares Advance On US-China Trade Talk Hopes

Asian stocks advanced on Wednesday after confirmation that trade talks between the U.S. and China would take place in Switzerland this week, the first formal talks between the countries since U.S. President Donald Trump declared sweeping tariffs last month.

RTTNews | 21 minutes ago

Yen Slides Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the Asian session on Wednesday amid increased risk-on by the investors, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.

RTTNews | 38 minutes ago

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 1h 28min ago

China Unveils Monetary Easing Measures

The People's Bank of China reduced its benchmark interest rate and reserve requirement ratio and also unveiled a slew of measures to support economy hit by trade tariffs. The PBoC cut the 7-day reverse repo rate by 10 basis points to 1.4 percent. The new rate takes effect on May 8.

RTTNews | 1h 43min ago

European Shares Seen Up As China Eases Policy To Boost Growth

European stocks are seen opening broadly higher on Wednesday after chipmaker AMD reported better-than-expected earnings results and Chinese authorities announced a raft of stimulus measures, including interest rate cuts and a major liquidity injection, to help boost the economy.

RTTNews | 3h 25min ago

European Economic News Preview: Germany Factory Orders Data Due

Factory orders and construction Purchasing Managers' survey results from Germany are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for March. Orders are forecast to grow 1.4 percent month-on-month, after remaining flat in February.

RTTNews | 3h 40min ago

Sensex, Nifty Marginally Higher In Cautious Trade

Indian shares were flat to slightly higher on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.

RTTNews | 4h 35min ago

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.

RTTNews | 5h 37min ago

EURUSD	1.13579	GBPUSD	1.33376	AUDUSD	0.64724
USDJPY	143.307	USDCAD	1.37934	USDCHF	0.82553

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BigBear.ai Inks 10-Year Multiple Award $900 Million IDIQ Contract With US Air Force