Tag: financial performance
about 2 years ago
wsj.com

IAG’s FY Margin Misses Guidance as Natural Peril Costs Soar

Insurance Australia Group’s annual insurance profit margin fell to 7.4% from 13.5% in the prior fiscal year and below...

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about 2 years ago
wsj.com

Zip Co. Reviews International Operations in Effort to Cut Cash Burn

UPDATED: Australian buy-now-pay-later operator Zip Co. is reviewing its non-U.S. international operations and retirin...

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over 2 years ago
wsj.com

Rio Tinto Needs to Spend Money to Make Money

The company is showing investors the money but structural shifts looming in the global economy will necessitate big m...

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over 2 years ago
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LVMH, Other Luxury Brands Raise Prices, Betting Wealthy Customers Won’t Mind

The world’s luxury-goods giants are lifting prices on handbags, clothes, shoes and jewelry—and facing little resistan...

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over 2 years ago
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Chip Famine is a Feast for China’s SMIC

Semiconductor Manufacturing International Corp., China’s largest foundry, is bringing in record revenue but spending ...

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over 2 years ago
wsj.com

Toyota’s Real Challenge Is EVs, Not Chips

The Japanese car maker will have to figure out how to negotiate the shifting landscape of the auto industry itself, e...

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over 2 years ago
wsj.com

Indian Stocks Still Need to Let Off Some Steam

Indian stocks had a banner 2021 and have held up better than U.S. counterparts in 2022, but valuations still look str...

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over 2 years ago
wsj.com

Beijing Will Save Housing Projects, But Not Necessarily Developers

To head off a deepening housing downturn, Beijing is backpedaling a bit on tough leverage rules. That might not be en...

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over 2 years ago
wsj.com

Higher Interest Rates Won’t Pay Europe’s Banks Right Away

Rising interest rates aren’t the straightforward boon to long-suffering European banks they may first appear. Patienc...

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over 2 years ago
wsj.com

Intel Erases Reference to China’s Xinjiang After Social-Media Backlash

In a letter to its suppliers, the U.S. chip maker had previously called on its business partners to avoid sourcing fr...

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almost 3 years ago
wsj.com

Tax Revenues Held Up Even as Economies Crashed During Pandemic

Government tax revenues in rich countries rose as a share of economic output in 2020, as job losses were concentrated...

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almost 3 years ago
wsj.com

The Chinese Metaverse Stock Frenzy Gets Unreal

The metaverse will blend the virtual and physical worlds. Investors should be careful that the meta market frenzy doe...

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almost 3 years ago
wsj.com

China’s Property Fantasia Turns Nightmarish

Fantasia Holdings failed to repay a U.S. dollar bond on Monday, and many more developers that overextended themselves...

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almost 3 years ago
wsj.com

Lego Builds on Its Position as World’s No. 1 Toy Maker

The Danish toy maker reported a 46% rise in first-half sales, saying it had shrugged off the Covid-19 pandemic and it...

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almost 3 years ago
wsj.com

Foreign Businesses Say They Feel Effects From China’s Turn Inward

U.S. and European companies operating in the country are grappling with closed borders, increasingly nationalistic co...

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about 3 years ago
wsj.com

Chinese Bad-Debt Manager Huarong Confirms $16 Billion Annual Loss

The company, a major borrower in international bond markets, rattled global investors earlier this year after it dela...

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about 3 years ago
wsj.com

Tencent Looks Abroad as Beijing Tightens the Screws at Home

With its credit in Beijing taking a steep nosedive, Tencent’s overseas expansion can soften the blow from regulatory ...

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about 3 years ago
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Cash-Strapped China Evergrande Looks to Sell Prized Assets

Shares of China Evergrande jumped after the cash-strapped property developer said it is in talks to sell some of its ...

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about 3 years ago
wsj.com

Stock Futures Tick Up Ahead of Jobless Claims, Housing Data

U.S. stock futures ticked higher ahead of a flurry of earnings reports and jobless figures that are expected to reach...

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about 3 years ago
wsj.com

China’s EVs Force Foreign Auto Makers to Catch Up

As electric cars’ share of the Chinese auto market cross the 10% threshold, foreign makers not called Tesla have fail...

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over 3 years ago
wsj.com

Tesla’s China Sales Bounce Back Despite Consumer Backlash

Tesla’s sales in China rebounded in May after a short slump, a boost for the electric-vehicle maker as it looks to ov...

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over 3 years ago
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Meituan’s Record Revenue Burns Up in Groceries

The road to profitability still looks long for Meituan as it invests heavily to elbow out rivals in new ventures like...

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over 3 years ago
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How to Get Schooled by Chinese Education Stocks

Shares of tutoring companies took a dive after a report that China may introduce tough rules on the sector. Investors...

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over 3 years ago
wsj.com

Tesla’s April Sales From China Were Mostly Exports

The electric-vehicle maker exported most of the cars produced at its Shanghai factory in April, raising questions abo...

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over 3 years ago
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Shares of China’s Meituan Sink as Public Scrutiny Mounts

Investors have soured on the online delivery company’s growth prospects amid a broader crackdown on the country’s pow...

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over 3 years ago
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China Car Sales Soar to Pre-Pandemic Levels

Retail sales of passenger cars in China hit 5.09 million vehicles in the first quarter, up 69% from a year earlier, w...

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over 3 years ago
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China’s Big Banks Eked Out Higher Profits in Turbulent 2020

China’s four largest banks reported that annual net profit rose between 1.2% to 2.9%.

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over 3 years ago
wsj.com

U.S. Companies in China Say Political Tensions Remain Top Concern

The pessimism comes despite 50% of respondents predicting the tone of the U.S.-China relationship would likely improv...

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over 3 years ago
wsj.com

China’s Robinhoods are Doing Just Fine, Thanks

The GameStop frenzy created problems for U.S. online brokers, but Nasdaq-listed brokers helping Chinese people punt o...

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over 3 years ago
wsj.com

The Oil Giant With a Head Start in the Energy Transition

The oil industry isn’t for the faint of heart as the world transitions to cleaner energy, but Total seems well set up...

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over 3 years ago
wsj.com

SoftBank’s Vision is Clearest When Markets are Rising

The tech stock frenzy has lifted many of SoftBank’s investments, but a market reversal would hit the company hard.

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over 3 years ago
wsj.com

Sony is at the Top of its Game. Next Up: Anime, Music

Like most gaming companies, Sony has done exceptionally well this year, but it is also positioning itself cannily for...

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over 3 years ago
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Ford Adds Made in China Label to the Mustang

Auto maker will build its iconic Mustang vehicles in China for the first time, as it tries to reconnect with Chinese ...

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over 3 years ago
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Zombies Could Stunt the Bank Recovery

A decade ago, Europe’s recovery from the global financial crisis was held back by the lingering bad-debt problems of ...

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over 3 years ago
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Moutai Helps Guizhou Drink Away its Woes—and Debt, Too

The higher the liquor giant’s share price, the merrier for the province’s government. But other investors should be w...

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over 3 years ago
wsj.com

China’s Champion Chip Maker Checks if Co-CEO Still Wants to Work There

Shares of China’s top chip maker fell sharply over uncertainty surrounding the possible departure of one of its two c...

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almost 4 years ago
wsj.com

Dividends Aren’t Always a Reliable Guide to Bank Health

Investors need to look beyond the cash when restrictions are lifted on shareholder payouts from European banks.

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almost 4 years ago
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With Ant IPO in Limbo, Funds Let Investors Cash Out

Funds that touted access to Ant’s blockbuster share sale will let investors cash out early, following a social-media ...

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almost 4 years ago
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Sony Looks Well Placed to Benefit From Next Console War

The electronics and gaming conglomerate’s quarterly results were impressive, as its operating profit rose 14% from a ...

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