StanChart Profit Beats Estimates, Flags Bullish Outlook On Rising Rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) – Standard Chartered posted a forecast-beating 6% rise in first-quarter profit, as…
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StanChart Q1 Profit Beats Estimates, Gives Bullish Outlook
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) – Standard Chartered’s first-quarter pre-tax profit rose 6%, beating market expectations, as…
EXPLAINER: What Twitter could do as privately held company
NEW YORK (AP) — If Elon Musk and Twitter get their way, the company will soon be privately held and…
Beijing Grants Baidu, Pony.ai New Driverless Robotaxi Permits
BEIJING/SHANGHAI (Reuters) -Baidu and Pony.Ai said on Thursday they had received permits to deploy robotaxis without humans in the driving…
Moving Against Global Tide, BOJ Keeps Ultra-low Rates, Dovish Guidance
By Leika Kihara TOKYO (Reuters) -The Bank of Japan on Thursday maintained its massive stimulus programme and a pledge to…
Earnings Help Stocks But Dollar Bulls Show Nerves
By Tom Westbrook SINGAPORE (Reuters) – Share markets steadied on Thursday, taking comfort in technology earnings, though an energy crisis…
Temasek-backed Oil Rig Builders Agree $6.3 Billion Merger Amid Sector Downturn
By Anshuman Daga SINGAPORE (Reuters) -Singapore’s Sembcorp Marine (Sembmarine) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel…
NetEase’s Cloud Music Sues Tencent Music, Claims Unfair Competition
HONG KONG/BEIJING (Reuters) -NetEase’s Cloud Music unit has sued Tencent Music Entertainment (TME), accusing it of unfair competition and plagiarising…
China Smartphone Sales Drop 14% Year-on-year In Q1 – Counterpoint Research
SHENZHEN, China (Reuters) – Smartphone sales in China fell 14% year-on-year in the first quarter to 74.2 million units, with…
Samsung Elec Sees Component Shortages Persisting In H2, Solid Server Chip Demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a 51% rise in quarterly profit on…