Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

State Street, BNP Paribas, and Caceis Eye HSBC Germany’s Fund Administration and Custody Units

State Street, BNP Paribas, and Caceis are emerging as potential bidders for HSBC Germany's fund administration unit INKA and its custody business, according to...

Surge in Electric Vehicle Sales in Southeast Asia Driven by Chinese and Vietnamese Automakers

Electric vehicle (EV) sales are experiencing a significant surge in Southeast Asia, primarily driven by China's BYD and Vietnam's VinFast, as they make inroads...

China Urges Visa and Mastercard to Lower Transaction Fees for Foreign Cards

China is urging Visa and Mastercard to reduce their bank card transaction fees in the country to facilitate payments for foreign visitors, according to...

Bank of Japan Signals Potential Rate Hikes Amid Economic Recovery

Bank of Japan Deputy Governor Shinichi Uchida announced on Friday that the central bank is prepared to "adjust the degree of monetary support" if...

SoftBank’s Masayoshi Son Emphasizes AI and Robotics as Key to Future Growth

SoftBank Group CEO Masayoshi Son emphasized on Friday that the group's mission is to advance humanity by realizing artificial superintelligence, which he predicts will...

American Airlines and Union Fail to Reach New Contract Agreement

American Airlines and its flight attendants' union, the Association of Professional Flight Attendants (APFA), have not reached an agreement in their latest round of...

Nvidia’s Stock Surge: Investors Debate Future Prospects

Nvidia Corp's shares have seen a remarkable rally, leaving investors debating whether to sell, hold, or continue buying. Nvidia briefly became the largest U.S....

Japan’s Inflation Outlook Complicated by Energy Levies and Slow Core Inflation

Japan's core inflation accelerated in May due to increased energy levies, but an index excluding fuel slowed for the ninth consecutive month, according to...

Global Stocks Steady as Dollar Strengthens and Markets Await U.S. Business Surveys

Global stocks exhibited caution on Friday as the dollar reached multi-week highs, with markets anticipating U.S. business surveys to gauge whether the world's largest...

Darden Restaurants Reports Mixed Results Amid Challenging Market Conditions

Darden Restaurants reported mixed quarterly results on Thursday, with Olive Garden’s same-store sales declining for the second consecutive quarter. CEO Rick Cardenas attributed the...

Casual Dining Gains Ground as Fast-Food Prices Rise

Casual-dining chains are attracting customers frustrated with rising fast-food prices, according to Darden Restaurants CEO Rick Cardenas. While Darden itself hasn't benefited significantly from...

Gilead’s Lenacapavir Shot Shows 100% Efficacy in HIV Prevention Trial

Gilead’s experimental twice-yearly HIV prevention medicine, lenacapavir, has proven to be 100% effective in a late-stage trial, the company announced Thursday. An interim analysis...

SpaceX Launches Portable Starlink Mini for Mobile Satellite Internet

SpaceX has introduced a compact version of its Starlink antennas, branded as "Starlink Mini," designed for mobile satellite internet connectivity. According to a customer...

Dollar Recovers Amid Fed Rate Cut Speculation, Sterling Dips Before UK Inflation Data

The dollar regained some ground on Wednesday after weak U.S. retail sales data reinforced expectations of imminent Federal Reserve rate cuts. U.S. retail sales...

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