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30/04/2025
The Nikkei 225 index closed at 35,902.51 points in the morning, up 0.17%.
Latest
3 m ago
Volkswagen: Predicts that operating profit will fall to the lower end of the annual forecast range.
3 m ago
Volkswagen said on Wednesday that it expects operating profit, net cash flow, and net liquidity to fall to the lower end of the annual forecast range due to increased trade barriers, intensified competition, and emission regulations. The company stated that the sales of pure electric vehicles in Europe more than doubled in the first quarter, impacting its profit margin, indicating that traditional car manufacturers are struggling to replicate the high profit levels of the fuel era in electric vehicle production. Chief Financial Officer Arno Antlitz said in a statement, "We need to ensure a competitive cost structure while providing strong automotive products in order to maintain success in an ever-changing world."
4 m ago
Taiwan Weighted Index rose 2.4 points to close at 20,235.03 points on April 30th, an increase of 0.01%.
5 m ago
Volkswagen Q1 revenue was 77.56 billion euros, compared to market expectations of 78.31 billion euros; operating profit was 2.87 billion euros, compared to market expectations of 3.48 billion euros.
6 m ago
Chinese concept stocks rose in the afternoon session in Hong Kong. Kingsoft Cloud rose by over 13%, BeiGene by over 7%, 21Vianet by over 6%, and VIPShop and BOSS Zhipin both rose by over 2%.
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