Handelsbanken Earnings Miss as Growing Costs Draw More Focus
Svenska Handelsbanken AB reported first-quarter earnings that missed analyst estimates and signaled it will double down on slashing expenses after costs rose faster than income.
Svenska Handelsbanken AB reported first-quarter earnings that missed analyst estimates and signaled it will double down on slashing expenses after costs rose faster than income.
China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for an increase in Chinese tech initial public offerings in New York after a more than two-year hiatus.
For TikTok, the clock has started running in its existential fight to avoid a US ban.
Mobvoi Inc., a Chinese artificial intelligence developer backed by Alphabet Inc.’s Google, dropped as much as 22% in its first day of trading in Hong Kong, marking the third stock debut to flop in the city this week.
Stocks in Asia rose, following a US tech rally and fresh economic data that rekindled hopes for US interest rate cuts.
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