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29.04.26 - 06:30
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China oil stocks rise as crude rally lifts Sinopec, CNOOC earnings (SCMP)
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Chinese oil producers advanced after two of the country's major players reported stronger first-quarter earnings, buoyed by a surge in crude prices.
Shares of China Petroleum and Chemical Corp, also known as Sinopec, rose 0.7 per cent to HK$4.62 in Hong Kong, while its Shanghai-listed stock gained 1.1 per cent to 5.41 yuan. China National Overseas Oil Corporation (CNOOC) climbed 1.7 per cent to HK$29.46 and PetroChina added 1.6 per cent to HK$11.86.
Oil stocks have been in focus since crude......
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29.04.26 - 05:06
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Supreme′s 1Q26 server revenue surpasses mobile as CSP demand boosts memory prices (Digitimes)
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Memory distributor Supreme Electronics (Supreme) saw its revenue double in the first quarter of 2026, driven by a sharp rise in memory prices. DRAM and Flash accounted for nearly 90% of total sales, with server revenue share reaching about 40%—surpassing mobile for the first time. Strong demand from cloud service providers (CSPs) is driving server memory prices higher, a trend expected to extend into the second quarter of 2026....
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29.04.26 - 03:06
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Toyota leans on hybrids and affordable sedans to hit record global sales (Digitimes)
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Toyota Motor reported record global vehicle deliveries of 11.28 million units for the fiscal year ending March 31, as executives said the automaker capitalized on strong demand for hybrid electric vehicles and affordable sedans to offset market headwinds. The company achieved those results despite a 15% US tariff on Japanese imported vehicles and ongoing shifts in global electrification strategies....
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29.04.26 - 03:06
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Faraday Technology posts profit decline in the first quarter as gross margin hits 13-quarter high (Digitimes)
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Faraday Technology reported consolidated revenue of NT$2.59 billion (US$82.4 million) in the first quarter, with net income after tax of NT$100 million and earnings per share of NT$0.40, the company announced. The results reflected an 8% quarter-over-quarter revenue decline and a 65% year-over-year drop, while gross margin surged to 47.3%, the highest in nearly 13 quarters, driven by an optimized revenue mix and non-recurring engineering contributions....
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29.04.26 - 02:48
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Maruti profit slips 6.4% in Q4, revenue jumps 29% (Times of India)
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Maruti Suzuki achieved record revenue of over Rs 1.8 lakh crore in 2025-26, driven by strong sales of 24.2 lakh vehicles. Despite a 19.9% revenue surge, net profit saw a marginal 1.2% increase due to rising operational costs. The company anticipates producing an additional 2.5 lakh vehicles this year as supply chain issues resolve and new production capacity becomes available....
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