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Kling Raises $2 Billion Amid Planned Spinoff From Kuaishou

By Sherry QinKuaishou Technology's Kling has raised around $2 billion from investors, as the short-video company seeks to spin off and list its artificial-intelligence video unit.Venture capitalists and other investors have injected 13.82 billion yuan, or $2.04 billion, into Kling, Kuaishou said la…

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dow-jones

LG Electronics Could Post 2Q Earnings Beat — Market Talk

LG Electronics could post a 2Q earnings beat, driven in part by a U.S. tariff refund, Hana Securities' Minkyung Kim says. The analyst expects the South Korean consumer-electronics giant's consolidated operating profit to more than double on year to 1.441 trillion won for the April-June period. That…

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StocksKR
dow-jones

Perpetual's Value Underlined by Private-Equity Approach — Market Talk

Perpetual's bull at Macquarie reckons the latest private-equity bid fired its way underlines the value on offer at the Australian investment manager. "While the bid is in line with our valuation, we view our EPS as conservative with sizeable potential for cost-out and confidence in new management,"…

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StocksAU
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Motio Reports Record Revenue Months as Growth at Scale Continues

Motio Limited ASX:MXO has reported record revenue in May and June as the digital place-based media group continues to build scale across its national audience networks.June was the highest revenue month in the company’s history, supported by continued growth from like-for-like inventory and improvi…

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