Latest in Hong Kong stock exchange reports record profits after China stimulus
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Hong Kong stock exchange posts record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - 2h -
Hong Kong's main opposition party announces plan to dissolve
Once Hong Kong's largest opposition party, the Democratic Party has suffered since China's crackdown.BBC News - 6d -
How a Hong Kong Artist Got Fired From McDonald’s
Luke Ching has made a name for himself with creative campaigns to improve working conditions for menial laborers, even as the scope for political protests in the city has narrowed.The New York Times - 6d -
Hong Kong’s last major pro-democracy party moves to disband
Hong Kong’s Democratic Party said late on Thursday it would start preparations to disband and wind up its affairs after a meeting of its leadership, amid a years-long national security crackdown in ...NBC News - 6d -
Hong Kong’s oldest pro-democracy party says it will begin process of disbanding
Democratic party chair Lo Kin-hei would not comment on whether Beijing put pressure on members. Hong Kong’s oldest pro-democracy party, which became an influential voice of opposition before ...The Guardian - 6d -
Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure
Deal would require debt-laden utility’s bondholders to take significant writedownsFinancial Times - 5d -
Hong Kong mulls basketball betting as finances fall short
Asian financial hub slashes civil service and property transaction tax to combat slowing economic growthFinancial Times - 1d -
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.CNBC - 2d -
Hong Kong's largest pro-democracy party takes initial step toward disbanding
Hong Kong’s largest pro-democracy party took an initial step toward dissolving on ThursdayABC News - 6d -
Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023Financial Times - 21h -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - 5h -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 1d -
Low-cost carrier FlyDubai sees record $611 million profit in 2024
The low-cost carrier FlyDubai says it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costsABC News - 2d -
China’s record-breaking blockbuster buoyed by patriotic viewers
‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewingsFinancial Times - 6d -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - 5d -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - 1d -
The London Stock Exchange has been left behind by its parent
While its equities platform suffers an exodus, the LSEG itself is a financial success story — with an identity problemFinancial Times - 2d -
U.S. stocks are near record highs. Why are investors so worried?
Sentiment gauges have soured — but the S&P 500 was at record highs just a few days ago. What’s going on?MarketWatch - 3d -
China puts brakes on US stock listings for homegrown companies
Beijing’s securities regulator concerned about IPOs of companies with small capitalisation and weak fundamentalsFinancial Times - 6h -
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Police killings set record in 2024, but with smallest increase in years: Report
In 2024, police officers in the US killed 1,365 people, a slight increase from the 1,329 civilians killed in 2023, according to the Mapping Police Violence report.The Hill - 16h -
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These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - 6d -
Tesla’s stock is back to red: Why China full-self-driving boost was short-lived
Tesla shares are trading about 30% below a December high as concerns about Elon Musk and DOGE swirl.MarketWatch - 2d -
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Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - 13h -
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.CNBC - 1d -
49ers exploring possible sale: 10% of team could be up for grabs at this record-setting price, per report
If you have $900 million, you might be able to buy part of the 49ersCBS Sports - 5d -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - 6d -
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - 2d -
Carmakers lead European stocks lower after Trump’s tariff warning
US president has threatened 25% duties on EU importsFinancial Times - 3h -
Nissan stock surges on report it’s seeking Tesla deal. How the odd pairing could work.
What ailing Japanese automaker Nissan could have that Tesla would want.MarketWatch - 6d -
Delta flight returns to Atlanta after 'possible smoke' reported in flight deck
A Delta flight returned to Atlanta on Monday after the crew observed a “haze” in the aircraft shortly after takeoff, the airline said in a statement. The Federal Aviation Administration (FAA) said ...The Hill - 2d -
Evening Report — Trump says Ukraine deal is close after Russia vote
{beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash, The Hill Trump says Ukraine deal is close after Russia vote IT'S A CRITICAL WEEK for global diplomacy in Washington, with the fate of ...The Hill - 2d -
AppLovin shares dive after short sellers’ reports on mobile ad platform
Pair of research firms accuses Silicon Valley company of exaggerating AI capability and inflating network sizeFinancial Times - 15h -
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - 6d -
China holds live-fire exercises in Gulf of Tonkin after Vietnam marks its territorial claims
China says its forces have begun live-fire exercises in the Gulf of Tonkin only days after Vietnam announced a new line marking what it considers its territory in the body of water between the two ...ABC News - 3d -
Kong gone wrong: the animals misrepresented in movies
After news that a film course is to consider the depiction of donkeys, what other species have been portrayed in a poor light?. Donkeys have featured in many films, from the Eddie Murphy-voiced ...The Guardian - 5d -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - 5d -
Jim Cramer says our newest stock is a buy after dipping on slow start to 2025
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 5d
