Learning archive

Chinese Tech Stocks Near Correction in Sharp Sentiment Reversal
  • March 25, 2025

Chinese Tech Stocks Near Correction in Sharp Sentiment Reversal

(Bloomberg) -- Chinese technology stocks fell from a three-year high to the brink of a correction in just five sessions, fueled by a lack of positive surprise in earnings and Xiaomi Corp.’s jumbo share sale. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsTrump Slashed Inter

Read More
Rakuten Card aiming for 100 billion yen profit, eyes 1,100 trillion yen B2B market
  • March 25, 2025

Rakuten Card aiming for 100 billion yen profit, eyes 1,100 trillion yen B2B market

Japan's largest credit card company, Rakuten Card, is aiming to almost double its annual operating profit to 100 billion yen ($663.7 million) in the medium term and sees opportunity in expanding into the largely untapped business-to-business payments market, its new chief executive officer said. Although Japan's shrinking population is hitting demand in much of the domestic economy, the credit card and payments markets are a rare growth area as digitalisation of financial services booms in what was once a cash-dominated economy. Rakuten Card, which can only be applied for online and is part of Rakuten Group - an e-commerce and financial services conglomerate - has ridden this wave to issue more than 30 million credit cards to date and booked an operating profit of 62.1 billion yen in 2024, up more than 20% on 2023.

Read More
India’s Stock Market Rebound Is Blowing Past Technical Barriers
  • March 24, 2025

India’s Stock Market Rebound Is Blowing Past Technical Barriers

(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsTrump Slashed International

Read More
Holcim spin-off Amrize targets robust growth in US construction market
  • March 24, 2025

Holcim spin-off Amrize targets robust growth in US construction market

ZURICH (Reuters) -Holcim's imminent North American spin-off Amrize is targeting robust growth in earnings and sales through 2028, albeit at a slower pace than in recent years as it navigates a challenging environment with trade clashes clouding the outlook. The building materials company said on Tuesday it aims for annual growth in adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of about 8-11% between 2025 and 2028, alongside annual sales growth of 5-8%. Holcim targeted a $30 billion valuation when the spin-off was first announced in January 2024.

Read More
Chinese Funds Plan to Mop Up Stocks If US Tariffs Roil Markets
  • March 24, 2025

Chinese Funds Plan to Mop Up Stocks If US Tariffs Roil Markets

(Bloomberg) -- Any pullback in Chinese stocks from Donald Trump’s April 2 tariffs would be a buying opportunity, according to some of the nation’s most experienced money managers. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at the Kn

Read More
Gold Steady Near Record High as Market Digests Trump Tariff Talk
  • March 24, 2025

Gold Steady Near Record High as Market Digests Trump Tariff Talk

(Bloomberg) -- Gold was steady — following a three-day run of losses — with the market digesting President Donald Trump’s latest tariff threats. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at the Knees’ by DOGEBullion traded near $3,

Read More