Credit Agricole’s first-quarter earnings jump as investment banking beats rivals
European banks’ first-quarter earnings have largely beaten expectations, with the boost from higher interest rates still supporting lenders’ bottom line.
Societe Generale’s investment bank limits first-quarter profit plunge
Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday.
China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
Don’t rate Tesla’s Full Self Driving too highly, tech investor says: ‘By no means autonomous driving’
A top fund manager focusing on tech says Tesla’s Full Self Driving product lacks qualities that would make it an example of truly “self-driving” technology.
She’s worked for Nike, the NBA — and Maya Angelou. Meet abstract artist Ya La’ford
Ya La’ford has commissions until 2028 and current and former clients include the NFL, the NBA and Nike as well as celebrity musicians and TV stars.
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be “particularly negative” for the euro area, according to one economist.
Here’s how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.
Taiwan says Chinese planes crossed median line, China carries out landing drills
Taiwan’s defense ministry said it detected a renewed incursion by Chinese military aircraft across the Strait, as China reported it had done combat drills.
Hong Kong stocks lead gains in Asia ahead of U.S. jobs data; Japanese yen strengthens
Investors will be watching the U.S. nonfarm payrolls data after the U.S. Federal Reserve held interest rates steady at the end of its two-day meeting on Wednesday.
China has a ‘fake gold’ problem — locals are getting scammed into buying artificial jewelry
Gold’s recent rally has sparked a bullion rush, but along with it — a spike in gold scams in China.
