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Fiserv Shares Slide as Fintech Cuts Outlook, Warns of Possible Revenue Decline in 2026

Fiserv shares dropped after the fintech company cut its full-year outlook and warned that organic revenue growth could turn negative in 2026.

Fiserv Shares Slide as Fintech Cuts Outlook, Warns of Possible Revenue Decline in 2026

Fiserv shares dropped after the fintech company cut its full-year outlook and warned that organic revenue growth could turn negative in 2026.

FDA Approves Moderna’s mFlusiva, the First mRNA Flu Vaccine for Older Adults

The FDA has approved mFlusiva, Moderna's mRNA-based flu shot for adults 50 and older, the first influenza vaccine built on mRNA technology.

DoorDash Stock Surges as Analyst Projects 45% Upside on Growing Order Volume

DoorDash shares jump as analyst Mark Mahaney projects 45% upside, citing growing order volume and an expanding subscriber base for the delivery platform.

Versant Raises 2026 Outlook as Platforms Business and Advertising Drive Earnings Beat

Versant Media raised its full-year 2026 guidance after a Q2 earnings beat driven by growth in its platforms segment and stronger advertising revenue.

China Expands Financial Opening with Nansha as New Financial Hub in Greater Bay Area

China has introduced new measures to develop Nansha, located in the southern Guangdong province, into a financial pilot zone. This move makes Nansha the...

Foxconn Reports Strong Q1 Profit Surge, but Offers Conservative Full-Year Outlook

Foxconn, the world's largest contract electronics manufacturer, reported a significant 91% increase in its first-quarter profit, driven by strong demand for artificial intelligence (AI)...

Global Shares Surge as US and China Reach Trade Deal, Gold and Safe-Havens Decline

Global stocks soared on Monday, while gold and safe-haven currencies dropped against a strengthening dollar, following an agreement between the US and China to...

Hong Kong Aims to Become a Hub for Multifamily Offices to Boost Economy

Hong Kong should focus on becoming a leading hub for multifamily offices to improve its economy and global reputation, as these entities hold more...

Meituan to Invest $1 Billion in Brazil for Keeta Food Delivery Expansion

Chinese on-demand services leader Meituan has announced a major international expansion, revealing plans to launch its Keeta food delivery platform in Brazil. The company...

Hang Seng Indexes Partners with Qatar Financial Centre to Boost Financial Connectivity

Hang Seng Indexes Company, the entity responsible for compiling the Hang Seng Index and a leading provider of stock market benchmarks in China, has...

Hong Kong Stocks Climb as JD.com Earnings Shine and Trade Tensions Ease

Hong Kong stocks edged closer to a two-month high as investor sentiment improved on the back of strong corporate earnings and easing global trade...

Nomura Upgrades Chinese Equities Amid US-China Tariff Breakthrough

Nomura Holdings has become the first major global investment bank to upgrade its outlook on Chinese equities following a surprising development in US-China trade...

Hong Kong Stocks Retreat as Traders Reassess China-US Trade Deal

Hong Kong equities pulled back on Tuesday, reversing part of their strong rally from the previous session as investors took profits and reassessed the...

Mainland and Hong Kong Firms Seek Nearly US$1.4 Billion Amid Capital Market Revival

Three firms from mainland China and Hong Kong have announced significant fundraising efforts in Hong Kong, taking advantage of the city’s revitalised capital markets....

Mainland Chinese Buyers Boost Hong Kong Luxury Property Market Amid Local Sell-Offs

Mainland Chinese homebuyers are continuing to play a pivotal role in sustaining demand within Hong Kong's luxury real estate sector, even as some local...

Alibaba Expands Access to Qwen3 AI Models Across Developer Platforms

Alibaba Group has expanded the accessibility of its Qwen3 family of artificial intelligence models by making them available on several popular developer platforms. The...

US Tariff Reduction Encourages Chinese Auto-Parts Exporters to Reconsider Local Expansion

The recent decision by the United States to temporarily reduce tariffs on Chinese imports has prompted auto-parts exporters from mainland China to reassess their...

Hang Seng Bank Cuts Jobs Amid HSBC Restructuring Strategy

Hang Seng Bank, a prominent retail lender in Hong Kong and majority-owned by HSBC Holdings with a 62.14% stake, has begun laying off staff...

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