News

Reserve Bank of Australia: The Board will monitor data and the evolving outlook and risk assessment to guide its decision-making.

The Reserve Bank of Australia will announce its interest rate decision and monetary policy statement in ten minutes.

According to the Financial Times: Shell is lobbying the European Union to revise its regulations on environmental standards for green hydrogen.

U.S. Southern Command: On May 4, Joint Task Force Southern Spear conducted a fatal strike on a vessel operated by a designated terrorist organization. The vessel sailed along known drug smuggling routes in the Caribbean Sea and was involved in drug smuggling operations.

Hong Kong stock Fortis Technology (00465.HK) announced that trading in the company’s shares has been temporarily suspended starting from 10:32 today.

Prime Minister of Canada: We stand united with the President of the UAE and his people and commend the defense efforts to protect civilians.

National Australia Bank: The RBA cash rate is expected to peak at around 4.6%.

Market news: South Korea’s Minister of Industry will meet with Lutnick to discuss issues related to US investment.

U.S. Republican Senator Graham: We don’t need to send ground troops to Iran.

Japanese Prime Minister Takaichi Sanae: As Vietnam’s attention to Japanese food increases, I hope to deliver more high-quality, attractive Japanese food to Vietnamese families.

Australian Bureau of Statistics: Australia's seasonally adjusted household expenditure increased by 1.6% month-on-month in March, and Australia's seasonally adjusted household expenditure increased by 0.7% month-on-month in the first quarter.

Hong Kong's new stock Tianxing Medical (01609.HK) opened at HK$288 on its first day of trading, a surge of more than 192%, and the offering price was HK$98.5.

HSI opened on May 5 (Tuesday), down 150.13 points, or 0.58%, to 25945.75 points;Hong Kong’s Hang Seng Technology Index opened on May 5 (Tuesday), down 27.58 points, or 0.55%, to 4949.12 points ;The state-owned enterprise index opened down 38.04 points, or 0.43%, to 8736.35 points on May 5 (Tuesday);The red chip index opened down 8.68 points, or 0.2%, to 4402.56 points on May 5 (Tuesday).

Euro Stoxx 50 futures fell 0.4%, FTSE 100 futures fell 0.9% and DAX futures fell 0.5%.

[The U.S. Supreme Court rules that Louisiana’s redistricting will take effect immediately] The U.S. Supreme Court approved the Louisiana Republican Party’s request to allow a previous important ruling on redistricting to take effect immediately without waiting for the formal process, which usually takes about 32 days. The decision means Louisiana can pause its ongoing primary process and expedite the redrawing of congressional district maps for this year's midterm elections. The new ruling effectively allows states, under certain conditions, to eliminate "majority-black precincts" created to comply with the Voting Rights Act of 1965. It is reported that there are currently 6 congressional seats in the state. Two of the seats held by Democrats are majority-black districts, and the remaining four seats are held by Republicans. This redistricting may have an important impact on the electoral pattern.

U.S. Department of Defense: Defense Secretary Hegseth and Chairman of the U.S. Joint Chiefs of Staff Kane will hold a press conference on "Operation Epic Fury" at 8 a.m. ET tomorrow.

Australia's S&P/ASX200 index opened down 41.80 points, or 0.48%, on Tuesday, May 5, to 8655.30 points.

According to Nikkei: Japan's JSR Corporation plans to build its first semiconductor material production plant in Taiwan, China, and supply raw materials to TSMC.

Deputy Political Commander of the Iranian Revolutionary Guards: The United States is showing off its power and using all means, but it will ultimately face failure.

Market News: Meta Platforms (META.O) is developing a financing package for a data center in El Paso, Texas, which may total approximately $13 billion. Morgan Stanley and JPMorgan Chase & Co. are leading the process, according to people familiar with the matter.