In a remarkable achievement for the Chinese film industry, the animated sequel “Ne Zha 2” has shattered previous box office records, amassing a colossal RMB 7 billion (approximately $960.5 million) in China alone. This figure not only cements the film’s status as the highest-grossing movie in a single market globally, but it also outpaces the
2024
Shares of Doximity, a prominent player in the digital health landscape, experienced a significant 21% increase in value on Thursday, following the announcement of its third-quarter fiscal results for 2025. Investors reacted positively as the company not only surpassed analyst expectations for revenue but also provided an optimistic forecast for future performance. This surge highlights
As India prepares for the federal budget presentation next month, significant adjustments are anticipated regarding the government’s disinvestment and asset monetisation targets. The Economic Times reports a potential reduction of 40%, signalling challenges that have beset the planned sales of state-run enterprises. This development raises critical questions about the effectiveness of India’s current financial policies
China’s Spring Festival, a time for families to gather and celebrate the Lunar New Year, has set the stage for an unprecedented success in the film industry during the 2025 holiday period. The festival, which commenced on January 28 and lasted through February 4, witnessed an astonishing box office performance, raking in a total of
Warren Buffett’s Berkshire Hathaway has made headlines once again by increasing its ownership in SiriusXM, a significant player in the satellite radio industry. This bold move elevates Berkshire’s stake to over 35%, demonstrating a substantial interest in the company during a tumultuous time. The conglomerate acquired approximately 2.3 million shares in transactions executed between Thursday
The release of Disney’s “Mufasa: The Lion King” has prompted significant discussion about its performance compared to industry rivals, chiefly Paramount’s “Sonic the Hedgehog 3.” Despite Mufasa seeing a relatively subdued opening weekend with $35.4 million in domestic box office receipts, compared to Sonic’s robust $60 million, the narrative that unfolds shows that initial numbers
Tesla Inc., once hailed as the cornerstone of the electric vehicle (EV) revolution, saw its stock plummet approximately 5% on a recent Monday following the announcement of significant tariffs introduced by President Donald Trump on imports from China, Canada, and Mexico. This decline cannot be viewed in isolation, as it mirrors a series of evolving
GoCardless, a prominent player in the financial technology sector, has showcased resilient performance despite the fluctuating landscape of the industry. With its headquarters in London, the company specializes in facilitating recurring payments, notably in subscription-based models. As the fintech ecosystem evolves, the significant strides made by GoCardless paint a picture of a startup strategically maneuvering
As the stock market navigates through a complex tapestry of influences—ranging from Federal Reserve policy decisions to shifting consumer behaviors—the environment for investors remains fraught with challenges and opportunities. The recent volatility observed at the end of January adds to the urgency for investors to make informed decisions, particularly during an active earnings season and
Switzerland, known for its prudent fiscal management, faces a challenging financial forecast as President Karin Keller-Sutter outlines the expectation of significant budget deficits in the coming years. The financial outlook points to deficits escalating to approximately 3 billion Swiss Francs ($3.31 billion), largely attributed to increased military expenditures and the surging costs of pensions. Historical
In recent years, California has proven to be a formidable challenge for insurance companies, and according to Evan Greenberg, CEO of Chubb, the situation is only worsening. The intricacies of California’s market—characterized by high-risk factors such as wildfires and regulatory pressures—have compelled insurers to adapt and reevaluate their strategies. Greenberg emphasizes a cautious approach, maintaining
In a recent appearance on CNBC’s “Closing Bell,” Jeffrey Gundlach, the CEO of DoubleLine Capital, shared his outlook on interest rates, revealing a cautious perspective that reflects ongoing economic conditions. Gundlach articulated that he anticipates just one rate cut in 2025, with a maximum of two cuts. This measured stance stems from the Federal Reserve’s
The arrival of the Lunar New Year has traditionally been a significant period for the Chinese film industry, and this year appears to have kicked off with remarkable enthusiasm. According to estimates from Maoyan, the first day of the holiday period generated an astonishing 1.8 billion yuan (approximately $248.3 million) across all films, setting a
The industrial sector in China has faced significant headwinds, as evidenced by the National Bureau of Statistics (NBS) report indicating a decline in profits for the third consecutive year in 2024. This alarming trend signals a need for robust interventions from policymakers, particularly in light of potential tariffs from the incoming Trump administration and ongoing