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Japan’s megabanks forecast more record profits despite tariff uncertainty
[TOKYO] Japan’s three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan. The…
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Geely profits surge on record sales as reshuffle underway
[HONG KONG] Geely Automobile Holdings, the Hong Kong-listed unit of billionaire Li Shufu’s sprawling auto empire, said that first-quarter profit surged as sales climbed and it continued on a cost-cutting…
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Europe: Stoxx 600 up, Germany’s DAX at record peak on trade deal optimism
EUROPEAN shares extended gains on Friday, with Germany’s DAX index closing at an all-time high, as signs of easing global trade war relieved investors as they looked ahead to discussions between…
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Pam Bondi Leaked Epstein Secret to ‘Complete Stranger’ Hired by Far-Right Media Group to Record Sneaky Video
U.S. Attorney General Pam Bondi privately revealed details about unreleased Jeffrey Epstein evidence to a woman secretly recording her for a far-right media outlet—days before sharing the same information at…
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Germany’s DAX Index hits record high after tariffs round trip
[FRANKFURT] Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war. The stock index…
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Foreign banks sell record Indian sovereign debt as tensions rise
[NEW DELHI] Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on investor sentiment. They sold a…
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Emirates airline group announces record US$6.2 billion gross profit
The 18% rise in profit, slimmed to US$5.6 billion after the UAE’s recently introduced corporate tax Published Thu, May 8, 2025 · 04:02 PM [DUBAI] Dubai’s Emirates Group, which includes…
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Singapore’s aviation sector a ‘bright spot’ as air passenger traffic hits record 68.4 million: Chee Hong Tat
[SINGAPORE] With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic’s aviation industry remains a bright spot amid global turbulence and…
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US Trade Deficit Hit Fresh Record Before New Trump Tariffs
US President Donald Trump introduced sweeping tariffs in April 2025 AFP The US trade deficit reached a new record in March, according to fresh government data published Tuesday, as imports…
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Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Published Tue, May 6, 2025 · 07:06 AM [MELBOURNE] Hong Kong authorities said they…
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Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent Published Wed, Apr 30,…
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Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
[TOKYO] Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to consolidate his grip on Japan’s biggest business empire…
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Huawei raises record 20 billion yuan in Chinese debt issuance spree
[BEIJING] The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade tensions with the US spur a…
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Cross-border renminbi use by Chinese climbs to record as US dollar sags
CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month as the US dollar’s global allure dimmed and Sino-US trade tensions…