News

General Motors (GM.N) expects full-year net profit of US$9.9 billion to US$11.4 billion, compared with market estimates of US$11.14 billion.

General Motors (GM.N): Total tariff costs expected in 2026 to be between $2.5 billion and $3.5 billion.

India's industrial production increased by 4.1% year-on-year in March, and agencies forecast a growth of 2.7%.

U.S. Secretary of Energy Wright: A historic agreement will be announced in Europe today.

U.S. Energy Secretary Wright: Iran does not have much remaining oil storage space.

US Energy Secretary Wright: Iran has about 1,000 pounds of 60% enriched uranium.

U.S. Energy Secretary Wright: The United States is not considering imposing an export ban on U.S. energy products.

U.S. Secretary of Energy Wright: Those enriched uranium with an abundance of 60% have no commercial use.

McSweeney, former chief of staff to the British Prime Minister: I did not ask officials to ignore the review process.

McSweeney, the former chief of staff of British Prime Minister Starmer, said that the Prime Minister followed my advice on the Mandelson matter, and I made a mistake in judgment at the time.

The number of unemployed people in France fell by 1.2% to 3.295 million in the first quarter.

Indian government officials said they are considering reducing cotton import taxes.

Indian government officials said there are no proposals to increase retail fuel prices.

Indian government officials said Nayala Energy will resume refinery operations after a maintenance shutdown in mid-May.

Bahrain Ministry of Foreign Affairs: Foreign Minister meets with German Foreign Minister.

Rosatom said it has started loading nuclear fuel into the first reactor of Bangladesh's Ruppur nuclear power plant.

Hong Kong SAR Government: Net exports of gold to mainland China in March were 47.866 tons, compared with 46.249 tons previously.

Hong Kong SAR Government: Total gold exports to mainland China in March were 79.576 tons, compared with 63.818 tons previously.

India's commerce ministry is seeking to remove import duties on rayon-grade wood pulp, government officials said.

Southbound funds made a substantial net purchase of 14.523 billion yuan today. In terms of Southbound Connect (Shanghai), Tracker Fund and Hang Seng China Enterprises received net purchases of HK$2.121 billion and HK$1.636 billion respectively; Alibaba-W ranked first in net sales, with an amount of HK$1.05 billion; in Southbound Connect (Shenzhen), Tracker Fund and Hang Seng China Enterprises received net purchases of HK$2.016 billion and HK$1.004 billion respectively; Tencent Holdings ranked first in net sales, with an amount of HK$857 million.