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Top Gap Ups and Downs on Friday: MUFG, UBS, SMFG and More
Mizuho Financial Updates Interim Financial Performance
Japanese banks are reportedly planning to maintain their business relationship with Adani, while Barclays and other international banks are cautiously reassessing their exposures.
Despite the accusations of bribery against Gautam Adani by the usa, several major banks in japan plan to maintain business relations with the billionaire, while other global companies like Barclays are reassessing their risk exposure to this india conglomerate. According to informed sources, mizuho financial expects that the latest incident involving Adani will not have a lasting impact and intends to continue supporting the group. Sources also indicate that sumitomo mitsui financial and mitsubishi ufj financial have not withdrawn their plans and will remain open to providing new financing if needed in the future. Spokespersons for these three banks in Tokyo declined to comment. A representative of the Adani group did not respond.
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Full text | Baidu Q3 earnings conference record: expected to release new version Wenzhen early next year
Baidu (Nasdaq: BIDU; HKEX: 9888) released the financial report for the third quarter of 2024 ending on September 30th today: total revenue was 33.6 billion yuan, a 3% year-on-year decrease. The net income attributable to Baidu was 7.6 billion yuan. Using non-US GAAP, the net income attributable to Baidu was 5.9 billion yuan. After the financial report was released, Baidu's Chairman and CEO, Robin Li, President of the Mobile Ecosystem Business Group, Lu Rong, President of the Intelligent Cloud Business Group, Shen Dou, and Acting CFO He Junjie and other executives attended the subsequent earnings conference call to explain the key points of the financial report and answer analysts' questions. The following is the analysis and Q&A section.
CJ8128 : Grab app is widely use in Asia , and it has a digital bank GX Bank, Q2 results will be Good!
Investarr CJ8128 : used
CJ8128 : yes widely used
Wuji妙妙 : must buy more
MonkeyGee : when I was in Asia, I used Grab. it's an amazing appl. everyone using it. locals love it.
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