Barclays on Wednesday reported a 19% rise in first-quarter profit, better than expected, as frenetic trading activity in the first three months of the year boosted investment banking revenue and trading fees.
FinanceApr 30, 2025
NXP announced a CEO replacement against the backdrop of sluggish demand and tariff threats. Current CEO Kurt Sievers will retire in October and Rafael Sotomayor will take over. The company's first-quarter revenue was $2.84 billion, down 9% year-on-year; adjusted earnings per share were $2.64
FinanceApr 29, 2025
It is widely expected that the Bank of Japan may send a signal of suspending policy normalization this week as US tariffs increase global uncertainty, but the authorities still retain the policy option of gradually raising interest rates when the economic outlook is bright.
FinanceApr 28, 2025
Google parent Alphabet (GOOGL.US) executives said on Thursday that U.S. President Donald Trump's trade policies will have a negative impact on the company's core advertising business. Alphabet's first-quarter revenue was better than expected...
FinanceApr 25, 2025
US President Donald Trump's meme coin "Trumpcoin" surged more than 60% on Wednesday after an announcement claiming to be "the most exclusive invitation in the world" promised that the first 220 buyers of Trump's coin $TRUMP will be invited to a private dinner with the president on May 22.
FinanceApr 24, 2025
Meta's (META.US) core online advertising business may suffer a $7 billion loss this year as U.S. President Donald Trump's tough tariffs on China affect Chinese retailers. According to a research report released by MoffettNathanson on Tuesday, during the trade dispute, retailers with ...
FinanceApr 23, 2025
As US tariffs stimulate safe-haven demand, Japan's ultra-long government bonds recorded a record net inflow of foreign funds last month, highlighting their appeal as a safe-haven asset.
FinanceApr 21, 2025
The South Korean government will provide 25 trillion won (around 17.58 billion U.S. dollars) in liquidity to help domestic exporters. This support comes in response to US tariff plans that may impact these exporters, as stated in an extra budget bill released on Friday.
FinanceApr 18, 2025
ASML, the world's largest supplier of chipmaking equipment, said on Wednesday that tariffs have increased uncertainty about its outlook for 2025 and 2026.
FinanceApr 16, 2025
Goldman Sachs predicts that even without additional tariffs, the effective tariff rate in the United States will still increase by about 15 percentage points, which will cause the US GDP growth rate to drop sharply to 0.5% in 2025, and the probability of the economy falling into a full recession in the next 12 months is as high as 45%.
FinanceApr 15, 2025
As price pressures show signs of easing and policymakers try to assess the impact of new U.S. tariffs on the global economy, the central bank has further eased monetary policy.
FinanceApr 14, 2025
On April 10, local time, the US State Department said in an email that Brink is about to resign, "She has been there as ambassador for three years, which is a long time for a war zone."
FinanceApr 11, 2025
The cryptocurrency market rose sharply at the beginning of March, recovering some of the losses in February, the worst month since 2022, after Donald Trump talked about his strategic cryptocurrency reserve plan again.
FinanceMar 03, 2025
Bitcoin's losses intensified on Friday as investors flocked to safe havens following Trump's latest trade threats, giving one of the most popular assets in the "Trump trade" theme a reality check.
FinanceFeb 28, 2025
European Commission President Von der Leyen said on Friday that India and the EU will strive to reach a free trade agreement this year.
FinanceFeb 28, 2025
South Korea's net overseas financial assets hit a record high in 2024, exceeding $1 trillion for the first time, data released by the Bank of Korea on Thursday showed.
FinanceFeb 27, 2025
Gold prices are soaring. But investment experts say investors should avoid chasing this glittering thing.
FinanceFeb 26, 2025
Peter Schiff, a well-known American economist, said on Tuesday that unless US President Trump announced the establishment of a strategic Bitcoin reserve, the continued plunge in the cryptocurrency market could be stopped.
FinanceFeb 26, 2025
After weeks of neutrality, Treasury traders are betting on a surge in Treasurys as they hedge against a possible economic slowdown.
FinanceFeb 26, 2025
Mining giant BHP.U will launch a $10.8 billion investment plan in Chile to transform an old copper plant, the Escondida plant. BHP.US said on Tuesday that it will soon enter a project to upgrade the plant's environmental treatment, which costs more than $2 billion.
FinanceFeb 26, 2025
Super Micro Computer surged more than 20% in after-hours trading. The server manufacturer submitted delayed earnings report to comply with Nasdaq market rules, alleviating investors' concerns about the company's delisting risks.
FinanceFeb 26, 2025
Lucid Group, an American electric car maker, said on Tuesday that its CEO Peter Rawlinson has resigned and expects car production to more than double to 20,000 this year. The company's stock price surged more than 10% after hours on Tuesday.
FinanceFeb 26, 2025
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