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Chinese EV battery giant CATL posts 33% surge in Q1 profit
The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.
China's economy likely grew 5.1% in Q1 on export surge: AFP poll
China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say.
S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites
South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.
Harvard sees $2.2 billion in funding frozen after defying Trump
Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.
LVMH sales dip as Trump tariffs dent luxury tastes
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.
Luka Modric becomes co-owner of Championship club Swansea
Real Madrid and Croatia midfielder Luka Modric has joined Swansea as an investor and co-owner, the Championship club announced on Monday.
Trump's tariff exemptions give markets relief, but uncertainty dominates
US tariff exemptions for electronics prompted market rallies Monday from Asia to Wall Street, but uncertainty dominated in a global trade war that Chinese leader Xi Jinping warned can have "no winner."
Meta chief Zuckerberg testifies at landmark US antitrust trial
Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US anti-trust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.
Goldman Sachs profits rise on strong equity trading results
Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets.
Hungarian lawmakers back constitutional curbs on LGBTQ people, dual nationals
Hungarian lawmakers on Monday overwhelmingly backed constitutional changes targeting the country's LGBTQ community and dual nationals, the latest step to strengthen longtime nationalist Prime Minister Viktor Orban's self-styled "illiberal" brand of democracy.
Argentine peso depreciates after exchange controls lifted
Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.
Kim Kardashian will testify at Paris jewellery theft trial: lawyer
US reality television star Kim Kardashian is to testify in person at an upcoming French trial over an armed robbery of her jewellery in Paris in 2016, her US lawyer Michael Rhodes said Monday.
China warns UK against 'politicising' steel furnaces rescue
Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to secure raw materials to keep the country's remaining steelmaking blast furnaces running.
Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour
Chinese leader Xi Jinping on Monday called on his country and Vietnam to "oppose unilateral bullying", Beijing's state media reported, during a regional tour as leaders confront US tariffs.
Stocks rise on new tariff twist
Stock markets rose, gold hit another record high and the dollar regained some ground Monday as investors grappled with the latest twists and turns in US President Donald Trump's trade war.
China, Vietnam sign agreements after Xi warns protectionism 'leads nowhere'
China and Vietnam signed dozens of cooperation agreements Monday, strengthening ties between the communist-run countries after Chinese leader Xi Jinping warned that protectionism "leads nowhere" and that a trade war would have "no winners".
Stocks rise on tech tariffs respite, gold hits new high
Stock markets rose firmly on Monday after fears over US President Donald Trump's trade war were tempered by tariff exemptions for smartphones, laptops, semiconductors and other electronic products.
Trump says no one 'off the hook' on tariffs but markets rise
Markets on Monday welcomed a US tariffs reprieve for electronics, but President Donald Trump warned no country would get "off the hook" in his trade war -- especially China.
Trump spotlight divides S.Africa's Afrikaners
Country music and the aroma of pancakes enveloped the "Boeremark", or farmer's market, outside South Africa's capital Pretoria where thousands of Afrikaners browsed on a Saturday morning.
Chinese exports soared in March ahead of Trump's 'Liberation Day'
China said Monday that exports soared more than 12 percent last month, beating expectations as businesses rushed to get ahead of swingeing tariffs imposed by US President Donald Trump on his so-called "Liberation Day".
China's exports beat forecast in March despite trade war woes
China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated mounting trade headwinds sparked by US President Donald Trump.
Solar park boom threatens Spain's centuries-old olive trees
At his farm in southern Spain, Francisco Campos looked worriedly at a green sea of centuries-old olive trees that he fears will face the axe to make way for a proposed solar park.
Trump tariff rollercoaster complicates ECB rate call
US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting this week to decide whether to lower eurozone interest rates again.
Asian stocks rise on electronics tariffs exemption, gold hits new high
Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived.
Xi warns protectionism 'leads nowhere' as starts SE Asia tour
Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam.
Trump warns no country 'off the hook' on tariffs
US President Donald Trump warned Sunday that no country would be "getting off the hook" on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived.
Kingstone Announces Renewal Rights Transaction to Grow Homeowners Insurance Business in Downstate New York
KINGSTON, NY / ACCESS Newswire / April 14, 2025 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that its subsidiary, Kingstone Insurance Company, has entered into an agreement to offer a replacement policy to selected Homeowners policyholders in Downstate New York as AmGUARD Insurance Company® ("AmGUARD") pivots focus away from admitted personal lines business. AmGUARD's withdrawal plan, which includes this transaction, is pending approval by the New York Department of Financial Services. This transaction encompasses approximately $70 million in written premium.
Gladstone Alternative Income Fund Announces Increase in Monthly Cash Distribution for April 2025
MCLEAN, VA / ACCESS Newswire / April 14, 2025 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of directors declared its monthly cash distribution to shareholders for April. The Fund increased the daily dividend rate by 1.2%. The distribution amount is $0.00172 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning April 1, 2025 and ending April 30, 2025 (for shareholders who own shares all 30 days in April, the distribution will total $0.0516 per share). The distribution will be paid on May 1, 2025 for Dividend Reinvestment Plan ("DRIP") participants and for non-DRIP participants.
Associated Environmental Systems Introduces the QUANTUM WR-5246-40: The Ultimate Test Chamber for High-Performance Computing
ACTON, MA / ACCESS Newswire / April 14, 2025 / Associated Environmental Systems (AES), a leader in the environmental test chamber industry, is proud to introduce the QUANTUM WR-5246-40, an advanced walk-in test chamber designed to meet the rigorous demands of high-performance computing "HPC" and data center component testing.
NextTrip Completes Full Acquisition of Luxury Travel Brand Five Star Alliance with Remaining 51% Purchase
Transaction Further Strengthens NextTrip’s Position in the Travel Market, Unlocking New Integration and Revenue Generating Opportunities Across Both B2C and B2B Travel Segments
Pathfinder Signs Letter of Intent to Acquire 40% Interest in Company Developing Okanagan Modular Home Community
VANCOUVER, BC / ACCESS Newswire / April 14, 2025 / Pathfinder Ventures Inc. (TSXV:RV) ("Pathfinder" or the "Company") is pleased to announce that it has entered into a Letter of Intent ("LOI") to subscribe for shares (the "Transaction") of Westside Modular Home Park Ltd. ("WMHP") equal to 35% of WMHP's issued and outstanding shares, increasing Pathfinder's current interest in WMHP from 5% to 40%. As part of the Transaction, WMHP and its shareholders will enter into a shareholders' agreement, giving Pathfinder control over the management and affairs of WMHP for purposes of developing the property interest described below. Pathfinder and WMHP are at arm's length.
Silver Scott Announces Crypto Wealth Management Division and Strategic XRP Reserve Initiative
FRANKLIN, NEW JERSEY / ACCESS Newswire / April 14, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a leader in blockchain-driven tokenization of real-world assets, announces the establishment of crypto wealth management division targeting sophisticated investors and asset allocators.