{
}
VPBank has secured a record $1 billion sustainable loan, the largest foreign syndicated loan ever arranged for a Vietnamese bank, marking a significant milestone in its strategy to promote sustainable finance. This loan, supported by major international financial institutions, underscores VPBank's commitment to sustainable development and enhances its global capital access. The funds will primarily support women-owned businesses and green projects, reflecting a strong focus on environmental, social, and governance (ESG) principles.
Malaysian Prime Minister Anwar Ibrahim announced that the US is open to discussions on reducing tariffs on Malaysian exports, with a 24% tariff set to take effect in July unless an agreement is reached. He noted that Malaysia may not meet its economic growth target of 4.5% to 5.5% this year due to the global trade war, while the central bank is likely to revise growth forecasts downward. Despite challenges, Malaysia's trade volume increased by 9.2% in 2024, reflecting a strategic diversification in response to US tariffs.
Southeast Asia's startup ecosystem is recalibrating as it faces a cooling phase after a decade of growth, with a focus on overcoming challenges and exploring new opportunities. Notably, Bukalapak's pivot from physical goods to virtual products has led to a remarkable turnaround, with Q1 2025 revenue rising 37% year on year to US$90 million and a net profit of US$7 million. Meanwhile, Grab's financial health remains strong, with a projected 3% increase in adjusted earnings for 2025, despite macroeconomic concerns.
Chinese solar manufacturers are relocating to Indonesia to evade high US tariffs, which can reach up to 3,500%. This shift follows a pattern of "tariff hopping" seen since 2012, as firms seek to maintain production capacity for US exports while navigating trade barriers.Despite Indonesia's potential for solar energy, with a target of 23% renewable energy by 2025, it faces significant domestic challenges, including regulatory hurdles and fossil fuel interests. The recent influx of investments highlights the need for addressing local market barriers to ensure effective renewable energy adoption.
[Bloomberg]
Warren Buffett's Berkshire Hathaway reported a significant profit drop to $4.6 billion in the first quarter, impacted by $860 million in wildfire-related insurance losses and a decline in investment values. As Buffett prepares to retire, Vice Chairman Greg Abel will assume the CEO role, overseeing both insurance and non-insurance operations. Despite a cash reserve of $347.7 billion, Buffett noted a lack of attractive investment opportunities, while concerns over geopolitical events and tariffs loom over future earnings.
Warren Buffett's Berkshire Hathaway reported a significant profit decline, earning $4.6 billion in Q1 2025, down from $12.7 billion last year, largely due to $860 million in insurance losses from Southern California wildfires. Despite a 14% drop in operating earnings to $9.6 billion, Buffett's cash reserves grew to $347.7 billion, reflecting a cautious investment strategy amid geopolitical uncertainties and trade policy concerns.
Barclays has reduced its price target for Cactus (WHD) from $54 to $51 while maintaining an Equal Weight rating. The firm faces challenges due to high import costs and tariffs, but plans to shift manufacturing from Vietnam to mitigate these impacts within a year. Additionally, FY25 and FY26 EBITDA estimates have been lowered by 5% and 7%, respectively.
Wells Fargo has increased its price target for AES Corporation from $108 to $112. AES is a major global electricity producer and distributor, operating 113 power plants with a total capacity of 32,326 MW. Its net sales are primarily generated in the U.S. (35.1%) and several countries in Latin America and Europe.
Democratic senators have called for an investigation into Elon Musk's potential use of his government role to secure foreign deals for Starlink, his satellite internet service. They allege that Musk may have leveraged his position to gain market access and contracts in countries like India, Bangladesh, and Vietnam, raising concerns about self-dealing and breaches of public trust. The senators emphasized that public servants should prioritize serving Americans over personal financial interests.
VNM
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
vpbank secures record 1 billion dollar sustainable loan from global banks
United States Dollar
State Bank of India
Sumitomo Mitsui Banking Corporation, New York Branch 株
Commerzbank AG
CTBC China 50
AUS
KWT
IND
GBR
TUR
ARE
SAU
DEU
QAT
OMN
JPN
VNM
Show more
10:36 05.05.2025
us and malaysia discuss potential tariff reductions amid trade tensions
09:40 05.05.2025
grab's financial growth continues amid market uncertainties and evolving ride-hailing landscape
United States Dollar
Amazon.com, Inc.
Apple Inc.
Grab2Go AS
Google Inc.
General Motors Co
Walmart Inc.
VNM
MYS
USA
IND
SGP
IDN
Samreen Hussain
Albinder Dhindsa
Show more
09:00 05.05.2025
Chinese solar firms shift operations to Indonesia amid US tariff pressures
United States Dollar
Jinko Solar Co., Ltd.
Trina Solar Co., Ltd.
LAO
VNM
THA
MYS
CHN
KHM
IDN
Trina Solar
Jinko Solar
Show more
05:20 05.05.2025
Trump considers tariff reductions to improve US China trade relations
04:02 05.05.2025
warren buffett announces retirement as profits decline due to wildfire losses
United States Dollar
Apple Inc.
Berkshire Hathaway Inc.
CHN
VNM
IDN
USA
Troy Bader
Warren Buffett
Kyle Sanders
Dan Sheridan
Greg Abel
Tim Cook
Show more
21:44 03.05.2025
warren buffett reports profit drop due to wildfire losses and investment decline
United States Dollar
Apple Inc.
CHN
VNM
IDN
USA
Troy Bader
Donald Trump
Warren Buffett
Kyle Sanders
Dan Sheridan
Tim Cook
Show more
14:35 03.05.2025
Barclays lowers Cactus price target amid tariff concerns and market slowdown
20:35 02.05.2025
wells fargo increases price target for aes corporation to 112 dollars
18:33 02.05.2025
senators urge investigation into elon musk's starlink foreign deals
Indian Rupee
United States Dollar
Lesotho Loti
Bangladeshi Taka
Vietnamese Đồng
SpaceXCoin USD
Bharti Airtel Ltd.
IND
PAK
LSO
VNM
BGD
USA
Donald Trump
Mark Warner
Muhammad Yunus
Narendra Modi
Show more
16:00 02.05.2025
Trending
Subcategory
Corporate News
AI Innovations
Industry Trends
Startups & Entrepreneurship
Emerging Startups
Funding Rounds & Investments
Fintech Startups
Venture Capital Investments
Private Equity Deals
Economic Indicators
Stock Market Updates
Cryptocurrency Trends
Retail and Consumer Goods
Cybersecurity Innovations & Tech
Market Analysis and Predictions
Product Launches
Global Trade Developments
AI Applications
Industry Mergers & Acquisitions
Banking Regulations
Countries:
Companies:
Huawei Technologies CO. Ltd.
NVIDIA Corporation
Nvidia Corporation
UBS Group AG
Apple Inc.
Google Inc.
Microsoft Corporation
XPeng Inc.
SWIGGY LIMITED
Vecmocon Technologies Ltd.
Emaar Properties PJSC
Deyaar Development PJSC
Maverick Ventures (Israel) 1.5 GP Ltd.
SuperSeed B.V.
Microsoft Corporation Corp.
Toyota Motor Corporation
Xiaomi Corporation
Berner Kantonalbank AG
Novo Nordisk A/S
Credit Suisse Group Ltd.
Currencies:
United States Dollar
Euro
Indian Rupee
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
South African Rand
Filipino Peso
Norwegian Krone
Offshore Chinese Yuan
People: