The German lender's CFO explicitly declined to match JPMorgan's aggressive 4% deposit promotion in Germany. The intensifying retail competition has driven divergent market performances for the two banking giants.
European equity futures rise pre-market, driven by easing inflation fears as oil retreats and a partial Middle East ceasefire. HPE's 30% after-hours surge and Nvidia's supply constraints point to a strong open for tech sectors.
Li Auto reported a Non-GAAP net loss of 2.12 billion RMB for Q1 2026, with gross margin tumbling to 7.9% due to vehicle switchovers and raw material costs. Q2 guidance forecasts further double-digit declines.
UBS, HSBC, and Macquarie issue cautious forecasts for silver as high prices trigger industrial demand destruction. Analysts note that without central bank buying support and facing potential Fed rate hikes, silver may underperform gold.
The rapid adoption of generative AI has drastically reduced project hours, rendering traditional hourly billing unsustainable. Global consulting firms like McKinsey are reforming their business models to align fees with quantifiable outcomes and rest
The Suwon District Court rejected a DX division injunction to block the wage pact vote, clearing the way for DS division employees to share a 40-trillion-won bonus pool. The 80x gap in average payouts has fueled intense resentment and a surge in non-
North Carolina has sued Vietnamese EV maker VinFast (VFS) over a year-long construction halt at its 712-hectare site. The state aims to reclaim land rights and claw back 80 million dollars in state funds, following VinFast's massive 6.9 billion dolla
Lenovo Group shares jumped over 14% to a record HKD 15 in Hong Kong trading Friday after posting blockbusting FY25/26 Q4 results. Q4 revenue hit RMB 149.54 billion, up 27.1% YoY, while net profit skyrocketed 479.5%. Gross margin beat market consensus
Surging electricity prices are undermining Europe's competitiveness in artificial intelligence infrastructure. The cost disparity is driving data center investments toward the Nordics, while the US and China maintain significant advantages in grid sc
GitHub revealed that an employee device was compromised via a contaminated VS Code extension, leading to the exfiltration of around 4,000 core internal repositories, including Copilot source code and billing systems. Cyber security firm SlowMist note
The BoE views stablecoins as a new form of money and will open applications for systemic stablecoins by year-end. With 99% of the market USD-pegged and non-compliant with the US GENIUS Act, the BoE and FCA are aligning their timelines to boost GBP di
Deutsche Bank reports global central banks are reducing USD exposure and acquiring physical gold. Driven by geopolitical risks, if EM reserves drop and target a 40% gold allocation, long-term gold prices could surge significantly.
HSBC's $400M impairment exposes traditional banking risks in the $3.5T private credit market. As Blackstone marks down NAVs and funding costs shift, corporate borrowers are returning to traditional syndicated loans.
Driven by AI infrastructure crowding out consumer chip capacity and Middle East geopolitical frictions increasing raw material costs, PCB delivery times have extended significantly. Mainstream PC retail prices face substantial upward adjustments.
Patent analysis indicates ASML is leveraging its Twinscan dual-stage technology to develop wafer-to-wafer (W2W) hybrid bonding equipment. This strategic move could significantly shorten advanced production cycles and prompt a reassessment of the semi
Catalyzed by DeepSeek-V4's support for domestic AI chips and price hikes from overseas CPU giants amid supply constraints, the Semiconductor Equipment ETF surged over 4%. Core assets like Hygon Information climbed significantly as markets priced in t
Boosted by Intel's robust CPU demand forecast, the US semiconductor sector surged, with the SOX index eyeing a record 18-day winning streak. Sustained AI infrastructure demand drives earnings growth, signaling restored market confidence in tech valua
The US government has extended the Jones Act waiver until mid-August, allowing foreign-flagged vessels to transport crude and fertilizer domestically. This move aims to mitigate energy supply chain disruptions caused by the Iran conflict, easing dome
The SEC has officially abolished the $25,000 account balance threshold for day trading, driving Webull and Robinhood shares significantly higher. The relaxed rules unleash retail transaction frequency, boosting PFOF revenue while heightening micro-vo
German online inquiries for BEVs surged 184% in Q1. Driven by rising fuel costs and new car inflation, affordable and fast-delivering Chinese brands like BYD and MG are rapidly expanding their market share in Germany.
The Italian government has invoked the Golden Power rule to restrict Sinochem's shareholding and governance rights in Pirelli, aiming to mitigate US regulatory risks in the auto supply chain and secure Pirelli's strategic growth in North America.
Rising AI demand is driving Meta, OpenAI, Amazon and major chipmakers to commit tens of billions to cloud, chips and data centers. CoreWeave’s new $21 billion Meta deal highlights the scale of the buildout.
Trump’s fiscal 2027 defense request would lift Pentagon spending to $1.5 trillion, with Golden Dome missile defense, F-35 fighters, submarines, shipbuilding and munitions production among the top priorities as Congress prepares for a budget fight lat
Eight key OPEC+ producers agreed to lift May crude output quotas by 206,000 barrels per day, marking a second straight monthly increase. The group also stressed maritime security and protection of energy infrastructure, underscoring that the move is
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