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Bloomberg Intelligence

Alibaba’s long-awaited China stock link may provide timely boost

by Anas Siddiqui
Alibaba’s long-awaited China stock link may provide timely boost

Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about US$20 …

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Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

by Anas Siddiqui
Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted …

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Chinese tourists are travelling again, with Malaysia, Singapore, Japan and Indonesia benefiting

by Walter Watson
Chinese tourists are travelling again, with Malaysia, Singapore, Japan and Indonesia benefiting

Chinese tourists are headed overseas for the extended May Labour Day holiday at near pre-pandemic levels, accelerating a rebound of what used to be the world’s biggest travel market. Outbound …

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China’s ICBC, Agricultural Bank post profit drops on margin squeeze

by Anas Siddiqui
China’s ICBC, Agricultural Bank post profit drops on margin squeeze

Industrial and Commercial Bank of China (ICBC), the nation’s largest lender, reported its first decline in quarterly profit in more than a year as margins continue to contract. Net income …

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Shining example: how China is propelling gold’s record-breaking rally

by Anas Siddiqui
Shining example: how China is propelling gold’s record-breaking rally

Gold’s rise to all-time highs above US$2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and centre …

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Baltimore bridge collapse may lead to ‘largest single marine insurance loss ever’, Lloyd’s of London says

by Walter Watson
Baltimore bridge collapse may lead to ‘largest single marine insurance loss ever’, Lloyd’s of London says

Baltimore bridge collapse may lead to ‘largest single marine insurance loss ever’, Lloyd’s of London says Insurance payouts for the Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore …

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