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Tuesday, July 1, 2025

Apple, Huawei, Xiaomi Lead China’s Top Online Consumer Brands

Apple, Huawei Technologies, and Xiaomi have emerged...

Stablecoins Gain Traction as Hong Kong and US Move Toward Regulation

The rise of stablecoins continues to shape...

Xiaomi Launches YU7 SUV to Challenge Tesla Model Y in China’s EV Market

Tesla’s dominance in China’s premium electric vehicle...

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.

China Reviews U.S. Proposal for Trade Talks Amid Rising Tariff Tensions

Beijing has confirmed it is currently assessing a proposal from Washington to hold discussions over U.S. President Donald Trump’s newly imposed 145% tariffs, signaling...

Australia’s Antitrust Watchdog Reviews Lactalis Bid for Fonterra Units

Australia’s antitrust authority has initiated an informal review of Lactalis’ potential acquisition of select Fonterra assets, despite the French dairy company not having formally...

BOJ Faces Pressure to Pause Rate Hikes Amid Inflation and Trade Uncertainty

The Bank of Japan is facing a critical moment in its monetary policy trajectory, as its cautious rate-hike cycle confronts new headwinds driven by...

Shell Beats Profit Expectations Despite Drop, Maintains $3.5B Buyback Plan

Shell reported a 28% decline in first-quarter net profit to $5.58 billion, yet still exceeded analyst expectations, signaling strong operational resilience amid softer energy...

Tesla Board Stands by Elon Musk Amid Investor Unease and Falling Sales

Tesla's board has reaffirmed its support for CEO Elon Musk amid growing concerns among investors regarding his recent absences, divisive political affiliations, and Tesla’s...

US Ends Tariff Exemption on Small Parcels, Impacting E-Commerce Retailers

The United States has officially ended the “de minimis” tariff exemption for e-commerce parcels under $800 originating from China and Hong Kong, leading to...

Apple Cuts Buyback, Prepares for Tariff Impact with U.S. Shift

Apple reduced its stock buyback program by $10 billion and warned that global tariffs could add around $900 million to its costs this quarter....

Global Markets Rebound as Hopes for U.S.-China Trade Talks Boost Investor Sentiment

Global stock markets rallied on Friday as optimism over potential trade talks between the United States and China helped lift investor sentiment, counterbalancing concerns...

Microsoft Increases Xbox Prices Amid Market Conditions and Higher Development Costs

Microsoft has announced that it is raising the recommended retail prices for its Xbox consoles and some controllers globally, citing “market conditions” and the...

Amazon Q1 Ad Revenue Surges 19%, Beating Expectations Amid Economic Uncertainty

Amazon reported a 19% increase in its online ad revenue for the first quarter, surpassing analysts’ expectations. Ad sales reached $13.92 billion, slightly exceeding...

Reddit Q1 Revenue Beats Expectations; Shares Soar Before Softening Due to Economic Concerns

Reddit posted strong first-quarter results, surpassing Wall Street’s expectations. The company reported earnings of 13 cents per share, well above the 2-cent estimate, and...

Airbnb Q1 Results Meet Estimates, But Disappointing Revenue Forecast Hits Shares

Airbnb reported results for the first quarter that mostly aligned with analysts' expectations, but issued a revenue forecast for the second quarter that disappointed...

Amazon Cloud Business Slows as AWS Revenue Misses Expectations

Amazon’s cloud business, Amazon Web Services (AWS), showed slower growth than expected in the first quarter, marking the third consecutive revenue miss for the...

Block Misses Expectations in First Quarter, Issues Disappointing Outlook

Block reported disappointing first-quarter results, with the company missing Wall Street’s expectations and offering a weak outlook for the remainder of the year. The...

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