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LATEST

Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate●Hims & Hers revenue grew 38% to $753 million and raised its outlook to $3.3 billion●CCMP Growth-backed Airo acquires specialty plumbing and HVAC firm Legrande’s Enterprises●Expert view: Market stable due to strong SIP inflows; time to dump stories and focus on cash flows●Trump Media records $360.6 million unrealized loss on digital assets in first half of the year●Nigeria is adopting AI faster than almost anyone. The profits are going elsewhere●Hormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall Again●Indonesia shares anti-graft success with ICPC, pushes sting operations●Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate●Hims & Hers revenue grew 38% to $753 million and raised its outlook to $3.3 billion●CCMP Growth-backed Airo acquires specialty plumbing and HVAC firm Legrande’s Enterprises●Expert view: Market stable due to strong SIP inflows; time to dump stories and focus on cash flows●Trump Media records $360.6 million unrealized loss on digital assets in first half of the year●Nigeria is adopting AI faster than almost anyone. The profits are going elsewhere●Hormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall Again●Indonesia shares anti-graft success with ICPC, pushes sting operations●

Asia

Wharf firms up balance sheet as Hong Kong home sales cushion profit slump

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

Wharf firms up balance sheet as Hong Kong home sales cushion profit slump

Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong’s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook. Revenue from Wharf’s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million in the first half, with operating profit rising more than fivefold to HK$166 million, according to its interim results announced on Tuesday. That helped...

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

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