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17:39
XCHG Limited has filed documents with the U.S. Securities and Exchange Commission, planning to issue 7 million American Depositary Receipts.
Each American Depositary Receipt issued this time will represent 40 shares of the company's Class A common stock, with a total corresponding to 280 million shares of Class A common stock.
17:35
JPMorgan supports the U.S. Clarity Act, emphasizing the need for accompanying regulatory safeguards
JPMorgan supports the US Clarity Act and states that while Congress is promoting regulatory clarity, corresponding regulatory safeguard measures should be implemented as well.
17:29
Shipping giant Maersk raises full-year earnings forecast due to strong container market demand
Full-year underlying EBIT is expected to be between $2 billion and $4 billion, compared to analysts’ expectations of $1.42 billion. The upward revision to the performance guidance is due to strong demand in the container market and a recent continued rise in the spot market. The company’s ADR rose 7.6%, and Zim Integrated Shipping gained 1%.
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