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.
Shein Lowers Valuation to $50 Billion for Potential London IPO
Online fast-fashion retailer Shein is preparing for a London stock market listing at a significantly reduced valuation of approximately $50 billion, nearly 25% lower...
Porsche Shares Drop 7% Amid Profit Warning and EV Market Challenges
Porsche AG’s shares fell 7% on Friday, marking the biggest drop among European companies and its worst trading day since going public. The sharp...
Stellantis Expands AI Partnership with Mistral to Enhance Industry Data Analysis
Stellantis, the world’s fourth-largest automaker, has announced an expansion of its strategic partnership with French artificial intelligence (AI) firm Mistral. This collaboration aims to...
Henkel Sells North American Retailer Brands Business to First Quality Enterprises
Henkel, the German consumer goods giant, has announced the sale of its North American retailer brands business to an affiliate of First Quality Enterprises,...
Legal & General Sells U.S. Protection Business to Meiji Yasuda for $2.3 Billion
Legal & General (L&G), the British life insurance company, has announced the sale of its U.S. protection business to Japan’s Meiji Yasuda for $2.3...
Gaw Capital and Patience Capital Acquire Tokyu Plaza Ginza in $1 Billion Deal
Real estate private equity firm Gaw Capital, in partnership with Singapore-based Patience Capital Group, has finalized the acquisition of Tokyu Plaza Ginza, a premier...
Saab Projects Strong Sales Growth as Global Defense Demand Rises
Swedish defense company Saab has projected organic sales growth of 12% to 16% for 2025, reflecting sustained demand for its defense equipment amid rising...
UK Low-Income Shoppers Struggle Amid Inflation and Weak Economy
In Southampton, England, shoppers like Deb Taylor and Antonia Alden are feeling the pressure of rising prices. Taylor, a 63-year-old cleaner, left a Primark...
Tesla Raises Model X Prices in the U.S. by $5,000 Amid Cost-Cutting Efforts
Tesla has raised the prices of its Model X vehicles in the United States by $5,000, according to an update on its official website....
DeepSeek’s AI Success Fuels Renewed Investor Confidence in Chinese Tech Stocks
The rapid rise of Chinese AI start-up DeepSeek is prompting investors to reassess the valuation of China’s technology sector, which has long traded at...
ClouDr Shares Rise as AI Integration Enhances Digital Healthcare Services
Shares of Chinese digital healthcare company ClouDr Group rose for a second consecutive day following the announcement of its integration with DeepSeek’s artificial intelligence...
Alibaba Strengthens AI Team with Key Hire from Salesforce Research Asia
Alibaba Group Holding has bolstered its AI team with the recent addition of Steven Hoi Chu-hong, an expert in machine learning and computer vision....
New World Development Prices Hong Kong Flats at Discount Amid Debt Pressure
New World Development (NWD) has priced its latest Hong Kong residential project, State Pavilia, at a significant discount as the developer works to address...
AI Investment a Top Priority for Asia-Pacific Entrepreneurs, UBS Report Finds
Entrepreneurs in the Asia-Pacific region see artificial intelligence (AI) as a major driver of business growth, with many willing to invest in AI infrastructure...
