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FINWIRES

Canaccord Genuity Lowers Sportradar Group Price Target to $28 From $34, Buy Rating Kept

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-- Sportradar Group (SRAD) has an average rating of buy and mean price target of $27.91, according to analysts polled by FactSet.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Price: $12.16, Change: $-1.79, Percent Change: -12.80%

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Baosteel's Attributable Profit Rises 41% in 2025

Baoshan Iron & Steel or Baosteel's (SHA:600019) attributable profit rose 41% to 10.3 billion yuan in 2025 from 7.36 billion yuan in 2024, according to a Thursday filing with the Shanghai bourse.Earnings per share at the steel manufacturer increased 41% to 0.48 yuan from 0.34 yuan in the previous year.Operating revenue slipped 1.4% year over year to 317.5 billion yuan from 322.1 billion yuan.

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International

Malaysia's International Reserves Total $126.6 Billion at End-March

Malaysia's international reserves stood at $126.6 billion at end-March, according to data released by the central bank on Thursday.Other foreign currency assets were recorded at $69 million, with the breakdown outlining expected inflows and outflows over the next 12 months.Short-term foreign currency outflows totalled $9.90 billion, while net short forward positions came in at $23.2 billion, reflecting liquidity management in the domestic market. Contingent liabilities were limited to $846.4 million, Bank Negara Malaysia said.

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Australia

Update: Alphabet Q1 Earnings, Revenue Rise; Shares Jump Premarket

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