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3 days ago | 
news.bloomberglaw.com | Harshita Swaminathan |Rachel Yeo |Reina Sasaki |Justina Lee
India dominates this week’s earnings calendar as a slowing economy weighs on the country’s banks and consumers alike. Over the weekend, top India private-sector lenders HDFC Bank Ltd. and ICICI Bank Ltd proved a safe bet after they both beat profit estimates amid tariff-led uncertainties, sending shares higher on Monday. Both shrugged off worries over asset quality as bad loan ratios shrank, although concerns over credit growth remain.
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1 week ago | 
bloomberg.com | Harshita Swaminathan |Rachel Yeo |Reina Sasaki |Justina Lee
(Bloomberg) -- India dominates this week’s earnings calendar as a slowing economy weighs on the country’s banks and consumers alike. Over the weekend, top India private-sector lenders HDFC Bank Ltd. and ICICI Bank Ltd proved a safe bet after they both beat profit estimates amid tariff-led uncertainties, sending shares higher on Monday. Both shrugged off worries over asset quality as bad loan ratios shrank, although concerns over credit growth remain.
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1 week ago | 
flipboard.com | Harshita Swaminathan |Rachel Yeo |Reina Sasaki |Justina Lee
India plans surprise U.S. trade move as Trump tariffs escalate with ChinaIndia reportedly plans to do away with duties on U.S. imports of ethane and LPG as part of its trade deal negotiations with the Trump …
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1 week ago | 
news.bloomberglaw.com | Justina Lee |Rachel Yeo |Reina Sasaki |Harshita Swaminathan
Taiwan Semiconductor Manufacturing Co.’s and Contemporary Amperex Technology Co. Ltd.’s earnings outlook might offer clues on global supply chain disruptions as US President Donald Trump’s tariff moves roil global markets. TSMC’s long-term outlook remains closely watched after Trump pledged to unveil details on semiconductor tariff rates in the coming week, after a reprieve just days earlier.
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1 week ago | 
bloomberg.com | Justina Lee |Rachel Yeo |Reina Sasaki |Harshita Swaminathan
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s and Contemporary Amperex Technology Co. Ltd.’s earnings outlook might offer clues on global supply chain disruptions as US President Donald Trump’s tariff moves roil global markets. Sentiment for TSMC appears optimistic for now after Trump announced a 90-day pause on higher tariffs that hit dozens of trade partners, while first-quarter sales grew at their fastest pace since 2022.
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2 weeks ago | 
bloomberg.com | Reina Sasaki |Harshita Swaminathan |Justina Lee |Rachel Yeo
Samsung Electronics Co.’s profit was probably held back by a loss in the foundry business as the company works to catch up in artificial intelligence memory chip development, while US export restrictions contributed to lower semiconductor shipments to China. The South Korean electronics giant likely sawBloomberg Terminal its first-quarter operating profit slump more than 20%, according to Bloomberg Intelligence.
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3 weeks ago | 
energyconnects.com | Justina Lee |Rachel Yeo |Reina Sasaki |Harshita Swaminathan
China Vanke Co. likely saw a record 45 billion yuan ($6.2 billion) net loss in 2024, as the Chinese property sector begins to see signs of recovery. A string of recent profit warnings could be a positive future signal, Bloomberg Intelligence said.
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3 weeks ago | 
financialpost.com | Justina Lee |Rachel Yeo |Reina Sasaki |Harshita Swaminathan
A string of recent profit warnings could be a positive future signal, Bloomberg Intelligence said. “Steep write-offs could set these companies up for a better profit outlook in 2025 which could improve earnings profiles, lift equity valuations and aid potential equity financing, which in turn could boost liquidity.”Still, the recovery in housing market remains fragile, as new-home prices experienced a more rapid decline in February, marking the first deterioration in six months.
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3 weeks ago | 
bloomberg.com | Justina Lee |Rachel Yeo |Reina Sasaki |Harshita Swaminathan
China Vanke Co., Ltd. and China Overseas Land & Investment Ltd. are among the major developers reporting next week amid signs of recovery in the Chinese property sector. A string of recent profit warnings could be a positive future signal, Bloomberg Intelligence said. “Steep write-offs could set these companies up for a better profit outlook in 2025 which could improve earnings profiles, lift equity valuations and aid potential equity financing, which in turn could boost liquidity.”
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1 month ago | 
news.bloomberglaw.com | Harshita Swaminathan
Ola Electric Mobility said Rosmerta Group has withdrawn the bankruptcy petitions filed against unit Ola Electric Technologies after it settled dues amicably.
