Asia

Walmart US CEO says shoppers still spending at a healthy rate, Bloomberg News reports

Walmart's U.S. head said shoppers were spending at a healthy rate and were resilient despite economic uncertainty and inflationary prices due to President Donald...

LVMH investors prematurely bet on a China fix

The $310 bln group’s 1% year-on-year sales growth beat expectations of a flat third quarter, thanks to rising demand in its key market. Yet...

ASML Orders Beat Expectations as AI Arms Race Boosts Demand

ASML Holding NV’s orders beat analyst expectations in the third quarter and said sales next year would be at least on par with 2025,...

Hong Kong stocks halt longest losing streak since 2024 on hopes of a Fed rate cut

Hong Kong stocks rose on Wednesday, halting the benchmark’s longest stretch of declines since January 2024, as growing expectations of a Federal Reserve interest...

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