HSBC beats expectations in first-quarter earnings; CEO Noel Quinn to retire
The company also announced the surprise retirement of Group Chief Executive Officer Noel Quinn.
Covid caused a ‘massive spike’ in yacht sales — now some of those boats are back on the market
Several years after a buying frenzy, the yachting industry is seeing a sudden rush of pre-owned yachts hit the brokerage market.
IMF raises its Asia growth forecast for 2024, highlights India’s growth and China stimulus as key drivers
The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support.
86% of expats report being stressed out, but study suggests they may also cope better with burnout
Expats are a crucial part of the global workforce today. Although they experience higher levels of stress, they also exhibit more vitality than locals.
Strained Chinese cities struggle to pay home buying subsidies
Chinese cities have promised subsidies and other incentives to prop up the ailing property sector but have failed to deliver, frustrating potential homebuyers.
Asia markets mostly rise, tracking Wall Street gains; China factory activity expands at a slower pace
Japan’s top currency diplomat Masato Kanda declined to comment on whether the finance ministry had intervened to prop up the yen.
Samsung Electronics’ operating profit jumps 933% in first quarter, beats expectations
Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.
This emerging market fund has outperformed over 1, 5 and 10 years. Here’s how
The fund posted a 14.2% gain over the past year, nearly double the MSCI Emerging Market Index’s 8.2%.
Dividends and buybacks are in the spotlight. Goldman Sachs names global stocks to play the theme
“Shareholder returns are poised to reach an all-time high,” the bank said in an April 23 note.
Dow tumbles 570 points to wrap worst month since September 2022 as bond yields rise: Live updates
Sticky inflation data and poor earnings sent stock prices lower on the final day of a weak April.
