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.

Krispy Kreme Stock Drops 24% Amid McDonald’s Rollout Pause and Economic Uncertainty

Krispy Kreme's stock plunged by 24% on Thursday following the announcement that the company is halting its expansion into McDonald’s locations and retracting its...

Hong Kong’s Exchange Fund Posts HK$67.2 Billion Q1 Gain Amid Market Rally

Hong Kong’s Exchange Fund recorded a robust investment gain of HK$67.2 billion (US$8.7 billion) in the first quarter of 2025, driven by strong performances...

Alibaba Joins Instant Commerce Race with 10 Million Daily Orders Milestone

Chinese e-commerce giant Alibaba has made a powerful entrance into the instant commerce sector, achieving a major milestone of 10 million daily orders just...

Rivian to Invest $120 Million in Illinois Supplier Park Ahead of R2 SUV Production

Rivian has announced a $120 million investment to develop a new supplier park adjacent to its manufacturing facility in Normal, Illinois, as the electric...

TotalEnergies Plans $16 Billion Green Hydrogen and Ammonia Project in Chile

TotalEnergies, through its Chilean subsidiary TEC H2 MAG, has initiated the environmental permit process for a monumental $16 billion green hydrogen and ammonia project...

Warren Buffett to Stay on as Chairman as Greg Abel Takes Over as CEO

Warren Buffett, the legendary investor who transformed Berkshire Hathaway into one of the world's most respected conglomerates, will remain as chairman after stepping down...

Vertex Misses Estimates on Trikafta Sales but Raises Revenue Outlook

Vertex Pharmaceuticals reported lower-than-expected quarterly results, falling short of Wall Street estimates due to weaker sales of its cystic fibrosis drug Trikafta. The miss...

Williams CEO Alan Armstrong to Step Down as Company Raises Annual Profit Forecast

Williams Companies announced that CEO Alan Armstrong will step down after more than 14 years of leading the U.S. pipeline giant. Armstrong, who has...

Clorox Lowers Sales Forecast Amid Weak Consumer Demand and Trade War Uncertainty

Clorox has revised its annual sales forecast as the company grapples with weakening consumer demand driven by economic uncertainty linked to global trade tensions....

Coterra Energy Cuts Capital Spending Despite First-Quarter Profit Rise

Coterra Energy has reported a rise in first-quarter earnings but announced a downward revision to its capital expenditure plans for the rest of the...

CFTC Drops Appeal, Clearing Path for Kalshi’s Election Betting Contracts

The U.S. Commodity Futures Trading Commission has formally withdrawn its appeal of a federal court decision that permitted KalshiEX LLC, a New York-based derivatives...

Mattel Withdraws Forecasts and Raises Prices Amid U.S. Tariff Pressures

Mattel has withdrawn its full-year financial guidance and announced price increases for several of its products sold in the U.S., as President Trump's aggressive...

Trump Announces 100% Tariff on Foreign Films in Bid to Revive U.S. Movie Industry

U.S. President Donald Trump has declared a sweeping 100% tariff on all films produced outside the United States, arguing that the American movie industry...

Sunoco to Acquire Parkland in $9.1 Billion Deal Creating Largest Independent Fuel Distributor

Dallas-based fuel supplier Sunoco has announced a $9.1 billion agreement to acquire Parkland, a Canadian fuel refiner and retailer headquartered in Calgary. The transaction,...

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