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Monday, February 16, 2026

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

Business

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Homeland Security Faces Shutdown as Congress Deadlocked on Funding

Congress is on the verge of a Department of Homeland Security shutdown due to a deadlock over immigration enforcement funding. Key agencies like TSA and FEMA face disruptions, with essential personnel working without pay.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

TF1 Shares Plummet Amidst Financial Disappointments and Gloomy 2026 Outlook

Explore the reasons behind TF1's share price tumble, including disappointing financial results, weak 2026 guidance, and the challenging advertising market. Discover the company's digital transformation efforts and competitive landscape.

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

Apple, Huawei Technologies, and Xiaomi have emerged as the top three brands favored by mainland Chinese consumers based on online purchasing behavior, according to...

Stablecoins Gain Traction as Hong Kong and US Move Toward Regulation

The rise of stablecoins continues to shape the cryptocurrency landscape, with renewed regulatory focus from authorities in Hong Kong and the United States. As...

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

Tesla’s dominance in China’s premium electric vehicle market faces a new test with the launch of Xiaomi’s YU7 SUV. Introduced with great anticipation, the...

Hengrui Pharma Soars on Hong Kong Debut Amid Biotech Market Revival

Jiangsu Hengrui Pharmaceuticals made a strong debut on the Hong Kong stock exchange, marking a major milestone in its global expansion. Trading under the...

UBS Asian Investment Conference to Tackle Global Uncertainty with Diverse Line-Up

Maria Konnikova, a psychologist, bestselling author, and professional poker player, is set to explore the concept of uncertainty at the upcoming Asian Investment Conference...

Hong Kong Moves Closer to Private Equity Fund Listings with MPF Inclusion

Private equity funds may soon be listed on the Hong Kong stock exchange, following a recent decision by the city’s pension regulator to allow...

AXA to Redomicile to Hong Kong as New Law Simplifies Process for Insurers

AXA, one of Hong Kong’s largest insurers, has announced plans to shift the legal domicile of its Hong Kong-serving entity from Bermuda to Hong...

BYD Overtakes Tesla in European EV Sales Amid Rising Demand and Tariff Pressures

Chinese carmaker BYD surpassed Tesla in battery electric vehicle (BEV) sales in Europe for the first time in April, signaling a major shift in...

Hong Kong Strengthens Role as Offshore Yuan Hub Amid Growing De-dollarisation

International businesses are increasingly seeking to diversify away from the US dollar, with Qatar emerging as a notable example of this trend, according to...

Hong Kong Millennials Embrace AI in Wealth Management, Study Shows

Nearly three-quarters of Hong Kong millennials expect their wealth managers to use artificial intelligence (AI) tools to build and adjust investment portfolios, according to...

Hong Kong Homebuyers Snap Up All Units at Sierra Sea Amid Lower Mortgage Rates

Emboldened by a drop in mortgage rates, Hong Kong homebuyers purchased all 216 new units offered at Sun Hung Kai Properties’ Sierra Sea development...

Chinese Robot Firms Showcase Innovations Amid Growing Industry Challenges

Chinese robotics firms, including notable names like Unitree Robotics and Engine AI, drew attention at a technology conference in Macau as enthusiasm for the...

Amap Launches Ride-Hailing Service on English App for Foreign Visitors in China

Amap, the mapping and local services platform under Alibaba Group Holding, has launched a ride-hailing feature on its English version, enabling foreign visitors in...

eSignGlobal Leverages US-China Trade Tensions to Boost Global Expansion

eSignGlobal, a digital signature services provider based in Hangzhou, is turning US-China trade tensions into a growth opportunity by expanding its global footprint. Eric...

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