Arm’s shares tumble despite strong Q1 performance and A.I. boom
British chip designer Arm has revealed its first-quarter results for fiscal year 2025, surpassing analysts’ expectations by a comfortable margin. Yet, despite this triumph, its [more…]
Category: China
Shenzhen unveils largest dim sum bond offering in Hong Kong
In a move that’s sure to shake up the financial markets, the Shenzhen government announced on Monday its plan to unleash a whopping 7 billion [more…]
Heineken shares plunge 10% amid China woes
In a surprising turn of events, Heineken’s shares took a steep 10% plunge following a disappointing earnings report and a significant write-down on a hefty [more…]
Tesla’s earnings miss, stock drops, and Musk’s future promises
In a twist worthy of a sci-fi thriller, Tesla’s shares took a nosedive, dropping more than 8% in premarket trading. The electric car giant, helmed [more…]
Luxury brands face gloom as China’s economic woes deepen
Once the glittering beacon of luxury consumption, China now casts a growing shadow over high-end brands like LVMH and Chow Tai Fook. As the world’s [more…]
Hong Kong launches inverse Bitcoin ETF to profit from crypto decline
In a surprising turn of events, Hong Kong is set to debut Asia’s first inverse bitcoin exchange-traded fund (ETF) this Tuesday, allowing investors to profit [more…]
Temasek bets big in India’s booming markets
In a daring strategic move, Singapore’s powerhouse investor Temasek is set to pour up to a whopping $10 billion into India’s vibrant markets over the [more…]
Shanghai Stock Exchange bars S2C from IPO for fraudulent profits
In a stunning twist, the Shanghai Stock Exchange has wielded its hammer of justice, barring local chip maker S2C from listing its shares for a [more…]
China’s food delivery giant, Meituan, overcomes economic challenges with record-breaking Q1 growth
Amid a volatile economic landscape, Meituan has emerged as a beacon of resilience and growth. The on-demand services titan reported a stunning 25% year-on-year surge [more…]
Hong Kong’s SFC grants temporary approval to 11 crypto exchanges
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has thrown a lifeline to 11 cryptocurrency exchanges, giving them the green light to keep [more…]