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Morningstar asian news

Jenni Reid - Silvia Amaro - UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover - cnbc.com - Switzerland

UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover

UBS on Tuesday reported a swing back to profit after two quarterly losses as it smashed first-quarter expectations, with results bolstered by higher wealth management revenues.

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Jenni Reid - Emmanuel Macron - French stocks take beating, risk premium rises under specter of possible far-right victory - cnbc.com - France

French stocks take beating, risk premium rises under specter of possible far-right victory

French stocks plunged Friday, with the country's blue-chip index heading for its worst week in more than two years, as investors weigh a potential far-right victory in the upcoming parliamentary elections.

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Sheila Chiang - Chinese EV stocks surge after EU slaps up to 38% additional import tariffs - cnbc.com - China - Eu

Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

Shares of Chinese electric vehicle makers mostly surged on Thursday after the European Union announced higher tariffs of up to 38% on Chinese EVs a day earlier.

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Sheila Chiang - How Temu parent PDD dethroned Alibaba to become China's most valuable e-commerce company - cnbc.com - China

How Temu parent PDD dethroned Alibaba to become China's most valuable e-commerce company

PDD's value-for-money positioning and growth of its Temu marketplace has helped the company lead China's e-commerce arena, analysts said, making it the country's most valuable company in the segment.

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Jenni Reid - Wegovy maker Novo Nordisk extends losses following first-quarter results - cnbc.com - France - Denmark

Wegovy maker Novo Nordisk extends losses following first-quarter results

Shares of Danish pharmaceutical giant Novo Nordisk slid 2.5% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the firm's first-quarter results and monitored a potential rival weight loss treatment.

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Cargo ship’s owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore - apnews.com - Singapore -  Singapore -  New York - state Maryland -  Baltimore

Cargo ship’s owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore

The owner and manager of a cargo ship that rammed into Baltimore’s Francis Scott Key Bridge before the span collapsed last week filed a court petition Monday seeking to limit their legal liability for the deadly disaster.

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