{
}
Shinhan Financial Group Chair Jin Ok-dong engaged in high-level discussions with Goldman Sachs executives in Europe to enhance collaboration in wealth management and investment banking. The meetings, part of a weeklong investor relations tour, focused on strategies for cross-border asset management and sustainable profit models in the Korean market. Jin also outlined Shinhan's financial targets and explored growth opportunities in Poland's energy, infrastructure, and defense sectors.
China has threatened legal action against organizations complying with U.S. sanctions on Huawei, asserting that such actions violate Chinese laws. The U.S. has intensified restrictions on Huawei's AI chips, claiming they may breach export controls, while China defends Huawei as a symbol of its technological advancement. Diplomatic efforts are underway as tensions escalate, with Malaysia's recent withdrawal from a Huawei AI server plan seen as influenced by U.S. pressure.
Government entities have increased their strategy holdings in Bitcoin, with significant additions from the Norwegian Government Pension Fund, Swiss National Bank, and US state pension funds, totaling around 2,400 BTC in the first quarter. This trend reflects a growing structural demand for Bitcoin as a reserve asset, despite disappointing direct ETF holdings. Standard Chartered predicts Bitcoin could reach $500,000 before President Trump leaves office, driven by a broader range of institutional buyers.
In a recent podcast, financial journalists discussed a record DAX performance, overpriced whiskey, and Ryanair's rally, alongside insights on major companies like Volkswagen, Mercedes, and Lufthansa. They highlighted the positive quarterly results from over 60% of DAX companies and upcoming Annual General Meetings for firms such as Symrise and Porsche. The conversation also touched on various market trends and investment risks, emphasizing the volatility of stocks and leveraged products.
Samsung faces increasing competition in the foldable smartphone market as Huawei narrows the gap, capturing a 23.1% share in 2024 compared to Samsung's 32.9%. Huawei's innovation, exemplified by the Mate X Triple, has propelled its growth, particularly in China, where it holds a 48.6% market share. To maintain its lead, Samsung is under pressure to innovate and potentially introduce a budget-friendly model while addressing challenges in technology and pricing.
A former SK Hynix engineer has been indicted for allegedly stealing advanced semiconductor technology, specifically next-generation high-bandwidth memory (HBM) packaging processes, to transfer to Huawei-affiliated HiSilicon. The employee, identified as Kim, gathered sensitive documents after receiving a job offer from HiSilicon, printing and photographing around 11,000 pages of proprietary data. He was apprehended at Incheon International Airport, facing charges under South Korea’s industrial technology protection laws, which could result in up to ten years in prison.
Borussia Dortmund has qualified for the Champions League for the 2025/26 season, leading investors to take profits as the share price fell by 4.15%. Securing fourth place in the Bundesliga ensures significant financial benefits, with potential earnings from the upcoming Club World Cup. The focus remains on maintaining the €4 share price, which is crucial for future growth.
Huawei has launched its first foldable screen laptop, the MateBook Fold Ultimate Design, featuring an 18-inch dual-layer OLED display and a reliable 285mm hinge. With its HarmonyOS 5, the device challenges both Samsung and Microsoft, as it offers innovative features like dynamic refresh rates and enhanced impact resistance. Meanwhile, Samsung is reportedly developing a tri-fold phone to compete with Huawei's advancements in the foldable market.
Huawei achieved a significant milestone by launching its own mobile operating system and a laptop that competes with Windows, marking a departure from the U.S.-dominated market. Despite past failures by Samsung and Alibaba, Huawei's aggressive investment and skilled workforce position it to capture a double-digit market share. In contrast, Samsung's equal R&D spending raises questions about its growth strategy and efficiency.
Coller Capital has partnered with Deutsche Bank to offer the Coller Private Equity Secondaries Fund to qualified wealth management clients in Asia and select EMEA countries, managing over $40 billion in secondaries. The fund, with a minimum commitment of $50,000, provides access to liquidity in the private capital ecosystem.Meanwhile, RQI Investors launched a UCITS vehicle of its Global Value strategy, targeting UK, European, Singaporean, and Canadian investors, with an initial $50 million investment. This marks RQI's first international offering, building on a successful 16-year track record.
KOR
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Shinhan Financial Group and Goldman Sachs Discuss Wealth Management Collaboration
The Goldman Sachs Group, Inc.
GBR
POL
DEU
KOR
Jin Ok-dong
Chris French
Anthony Gutman
Ronan Breen
Show more
06:42 25.05.2025
China Threatens Legal Action Against US Huawei Sanctions Amid Rising Tensions
Nvidia Corporation
Oracle Corporation
Microsoft Corporation Corp.
Huawei Technologies CO. Ltd.
USA
MYS
KOR
CHN
Donald Trump
Wang Yibo
Joe Biden
Kang Kyung-wha
Show more
02:46 22.05.2025
government entities increase bitcoin strategy holdings signaling rising institutional demand
17:40 20.05.2025
financial insights on market trends and corporate developments in germany
Euro
Rheinmetall AG
Rivian Automotive Inc.
Nvidia Corporation
Regeneron Pharmaceuticals Inc.
Salzgitter AG
VOLKSWAGEN AG
Xiaomi Corporation
Ferrari N.V.
Renk AG
Mercedes-Benz AG
KOR
DEU
Christoph Kapalschinski
Nando Sommerfeldt
Donald Trump
Show more
09:08 20.05.2025
samsung faces fierce competition from huawei in foldable smartphone market
07:19 20.05.2025
former sk hynix engineer indicted for stealing hbm technology for huawei
23:15 19.05.2025
Borussia Dortmund qualifies for Champions League as investors take profits
13:17 19.05.2025
huawei launches foldable laptop challenging samsung's market dominance
12:34 19.05.2025
huawei achieves milestones in mobile and laptop operating systems innovation
Chinese Yuan
Microsoft Corporation Corp.
Huawei Technologies CO. Ltd.
KOR
JPN
USA
CHN
Jaechul Lee
Show more
10:27 19.05.2025
coller capital partners with deutsche bank to launch private equity fund
DEUTSCHE BANK AG
AUT
SGP
HKG
BEL
CHE
DNK
CAN
HUN
HRV
ISL
SWE
ROU
ITA
KOR
SVK
CYP
IRL
GBR
NLD
BIH
POL
DEU
NOR
EST
MDA
GRC
SRB
MLT
FIN
MKD
MNE
CZE
LVA
SVN
AUS
FRA
LTU
ESP
ALB
LUX
BGR
Ron Guido
Dr. David Walsh
Wang Chun
Andrew Francis
Show more
08:35 19.05.2025
Trending
Subcategory
Corporate News
Industry Trends
Central Banks and Digital Currencies
Cryptocurrency Trends
Fintech Startups
Industry Mergers & Acquisitions
Startups & Entrepreneurship
AI Innovations
Emerging Startups
Funding Rounds & Investments
Countries:
Companies:
Tencent Music Entertainment Group
Sony Music Entertainment COMPANY
Alphabet Inc.
Microsoft Corporation Corp.
Oracle Corporation
Softbank Group Corp.
Currencies:
People: