Money Report

The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector.

PepsiCo’s volume and sales growth were better in most international markets than in its North America markets.

A German man was arrested for allegedly sharing information from the European Parliament with the China’s secret service, the federal prosecutor’s office said.

SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.

Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.

U.S. Treasury yields were little changed on Tuesday as investors awaited fresh economic data that could provide insights into the state of the economy.

IQiyi founder Gong Yu also pointed to estimates that predict about one-fourth of China’s population will be considered elderly in 2033.

Ukraine has disputed Russia’s claim to have seized a second eastern Ukrainian village in as many days on Monday.

The AUKUS alliance was forged in 2021 to address shared regional concerns about China’s rising power.

Qualcomm is already designing chips in India, Qualcomm India’s president Savi Soin said in an exclusive interview.

European markets were higher Tuesday, building on positive momentum in the previous session.

GM’s North American operations, driven by truck sales, were largely responsible for the company’s first-quarter beat and guidance raise, the automaker said. 

The company saw its share price plunge to as low as HK$10.84, representing a fall of 38.05% from its IPO price of HK$17.50