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LATEST

Pulse of the Street: Oil spike knocks markets to sharpest weekly fall since mid-May●Crucial Interest Rate Jumps to Highest Level of Trump’s Second Term●Intel earnings show just how dramatically the company has come back from being ‘near-dead’●Wells Fargo doubles down on AMD stock after Anthropic deal●UK motor insurance premiums continue to rise at renewal despite strong competition●Axsome Therapeutics (AXSM) Stock is Attractive on the Back of its Key Drug●China Has Come Through Trump’s Trade War in a Good Position●Harbinger takes minority ownership stake in MLB’s Athletics●Pulse of the Street: Oil spike knocks markets to sharpest weekly fall since mid-May●Crucial Interest Rate Jumps to Highest Level of Trump’s Second Term●Intel earnings show just how dramatically the company has come back from being ‘near-dead’●Wells Fargo doubles down on AMD stock after Anthropic deal●UK motor insurance premiums continue to rise at renewal despite strong competition●Axsome Therapeutics (AXSM) Stock is Attractive on the Back of its Key Drug●China Has Come Through Trump’s Trade War in a Good Position●Harbinger takes minority ownership stake in MLB’s Athletics●

Asia

Chinese battery giant CATL posts record quarterly profits amid green energy boom

Business - South China Morning Post · 1h ago · 🇨🇳 China

Chinese battery giant CATL posts record quarterly profits amid green energy boom

Chinese battery giant Contemporary Amperex Technology Co Limited (CATL) slightly missed market estimates for second-quarter revenue and net profit, as China’s weakening demand for electric vehicles (EVs) outweighed benefits from the energy shock. The world’s largest battery maker reported a record 147.79 billion yuan (US$21.8 billion) in revenue and a record 22.5 billion yuan in net profit for the second quarter, up 56.92 per cent and 36.5 per cent year on year, respectively, according to an...

Read the full story at Business - South China Morning Post →

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