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Jan 22, 2025
China CATL's shares dip after it warns of revenue fall, slowing profit growth
BEIJING (Reuters) - Shares in CATL, the world's largest battery maker, dropped nearly 4% on Wednesday after the Chinese company warned that its annual revenue fell for the first...
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Jan 22, 2025
South Korea to remove concrete embankment blamed for exacerbating deadly plane crash
By Hyunsu Yim SEOUL (Reuters) - South Korea's transport ministry said on Wednesday that it would remove the concrete embankment installed at Muan International Airport following...
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Jan 21, 2025
Walt Disney: Citi resumes coverage with 'Buy' on favorable risk-reward profile
-- Walt Disney Company (NYSE:DIS) presents an attractive risk-reward opportunity at current levels, according to Citi analysts, who resumed coverage of the stock...
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Jan 21, 2025
Factbox-Key directives in Trump DEI executive order for government, private sector
By Kanishka Singh WASHINGTON (Reuters) - U.S. President Donald Trump issued an executive order late on Tuesday that directed government agency chiefs to dismantle diversity,...
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Jan 21, 2025
Japan stocks: Bad news, BOJ rate hike gradually priced in, BofA says
-- Japanese stocks have traded largely rangebound so far in 2024 after logging strong gains in the past year, with BofA analysts noting that a slew of negative factors...
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Jan 21, 2025
Morgan Stanley's bonus payouts for star Asia bankers to jump by up to 50%, sources say
By Selena Li HONG KONG (Reuters) - Morgan Stanley (NYSE:MS)'s top-performing investment bankers and traders in Asia will see up to a 50% increase in bonuses due to robust...
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Jan 21, 2025
Asia stocks rise as tech surges on AI cheer; China rattled by Trump tariff threat
-- Most Asian stocks rose on Wednesday, with technology shares in the lead after OpenAI announced a massive partnership to build more artificial intelligence...
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Jan 21, 2025
Asia Tech 2025: Bernstein sees room for recovery amid valuation adjustments
-- Asia’s technology sector is poised for a promising year in 2025, with valuations now reflecting elevated bond yields, and earnings trends showing early signs of...
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Jan 21, 2025
Wealthy Indians tap into bathroom luxury with $18,500 smart toilets
By Dhwani Pandya MUMBAI (Reuters) - In India's polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old...
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Jan 21, 2025
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(Reuters) -ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial...
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