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Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative for the brand as it launches the ES9 SUV, a car that CEO William Li Bin (L) touted as the largest SUV in China. 45% in Hong Kong trading on Thursday after the company officially launched its ES9 SUV a day earlier. But before deliveries started in the first quarter of 2025, consumer electronics company Xiaomi had launched its first electric car — at 215,900 yuan.

Shares of Life Insurance Corporation of India (LIC) dropped as much as 4% to an intraday low of Rs 810 on the BSE on Wednesday after a report said the government could begin formal marketing next month for a proposed stake sale that may raise up to Rs 10,000 crore ($1 billion). LIC reported a consolidated net profit of Rs 23,467 crore for Q4 of FY26, marking a 23% year-on-year (YoY) rise from the Rs 19,039 crore profit reported in the corresponding quarter of the previous financial year.

7% in April from a year earlier, according to official data released Wednesday, despite broader signs of slowing economic momentum. A fivefold increase in profits in the mining and related sectors also boosted overall industrial profit growth, while iron smelting and rolling swung to a profit for the year as of April, compared with a loss in the first quarter.

The Trump administration has proposed introducing a new government-wide nondisclosure agreement, or NDA, for both new employees and those already serving. The document does not mention the highest-profile disclosure of the second Trump administration: Defense Secretary Pete Hegseth's revelation over a Signal group chat of plans for a military strike on Yemen. The roughly 2 million people who work for the federal government are already required to safeguard confidential and proprietary information obtained on the job.

Agencies Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in four years, as policymakers scrambled to stem inflation and support a currency buckling under soaring energy prices. 5 billion on fuel imports in the first four months of the year, with the fuel bill surging 77% in March alone. 9 billion programme from the International Monetary Fund, the island is clawing its way out of the 2022 upheaval caused by a severe shortfall of dollars.

The shares of JSW Cement dropped around 2% on Monday, snapping a two-session winning streak during which the stock rallied over 14% following the release of its results for the January-March quarter of FY26. JSW Cement Q4 Results JSW Cement on Thursday reported a net profit of Rs 362 crore for the fourth quarter of the financial year 2026, marking a whopping 2,162% year-on-year (YoY) surge from just Rs 16 crore net profit reported for the corresponding quarter of the previous financial year. The company's consolidated revenue grew 11% YoY to Rs 1,895 crore during the quarter under review, up from Rs 1,709 crore in the same period last year.