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U.S. Treasury Secretary Bessenter: Assuming Section 301 is passed, the reduction in tariff revenue will be negligible.
2026-06-24
U.S. Treasury Secretary Bessenter: Assuming Section 301 is passed, the reduction in tariff revenue will be negligible.
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2026-06-24
The German Ministry of Defense stated that it plans to procure eight MEKO-class corvettes.
The German Ministry of Defense stated that it plans to procure eight MEKO-class corvettes.
2026-06-24
Citigroup said JD.com (JD.O) recorded a record number of ordering users during its 618 campaign; demand for home services, childcare and appliance installation was strong, but overall weak consumption left promotional impact moderate. Citigroup cut i
Citigroup said JD.com (JD.O) recorded a record number of ordering users during its 618 campaign; demand for home services, childcare and appliance installation was strong, but overall weak consumption left promotional impact moderate. Citigroup cut its Q2 revenue and non-GAAP net income forecasts by 4.3% and 6.6%, respectively, and now forecasts Q2 revenue of CNY 342.5 billion (down 4% YoY) and non-GAAP net income of CNY 7.4 billion (up 0.4% YoY). It also trimmed 2026–28 revenue forecasts by about 1.3–1.4% and earnings forecasts by 4.4–6%, citing persistent soft consumer sentiment. Citigroup maintained its Buy rating on JD.com and left the PT at $39.
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