Chinese January vehicle sales fell 3.2% Y/Y vs prev. decline of 6.2% Y/Y in December
Chinese January vehicle sales declining 3.2% year-over-year represents a smaller drop than December's 6.2% decline, suggesting a potential stabilization in consumer demand.
US President Trump posts article in New York Post that Apple (AAPL) News promotes left-leaning media outlets and shuts out conservative sites entirely
Tencent Cloud (0700 HK) partners with Tesla (TSLA) to upgrade its cockpit experience
Chinese January vehicle sales fell 3.2% Y/Y vs prev. decline of 6.2% Y/Y in December
ABN AMRO (ABN NA) Q4 (EUR) EPS 0.43 (exp. 0.54), NII 1.66bln (prev. 1.66bln Y/Y), Op. Income 2.25bln (prev. 2.24bln Y/Y); Additional EUR 500mln capital distribution; final dividend proposed of EUR 0.70/shr
Siemens Energy (ENR GY) Q1 (EUR): Revenue 9.6bln (exp. 9.83bln), Profit Before Special Items 1.16bln (exp. 992.4mln), Orders 17.61bln (exp. 14.17bln); affirms guidance
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This improvement may influence market sentiment positively in the short term, as it could signal a recovering auto sector, but overall performance remains in contraction territory. Traders should watch for potential impacts on related equities and overall consumer sentiment in China.
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