X Financial reported a 14.1% year-over-year decline in Q4 2025 revenue to RMB1.47 billion and an 85.2% drop in net income to RMB57.2 million, driven by reduced loan originations and increased credit provisions. Despite a 30.1% revenue growth for the full year 2025, asset quality worsened with delinquency rates rising, prompting the company to tighten credit standards and strengthen risk management. The company forecasts cautious loan growth in Q1 2026 amid regulatory uncertainties and continues its $100 million share buyback program, signaling confidence in long-term prospects.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
Visionstate Corp. has decided to pause its previously announced non-brokered private placement financing under the LIFE exemption, initially targeting $500,000 to $1,000,000. The company will use this time to reconsider the structure and timing of th...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Following a five-year antitrust lawsuit by Epic Games, Google will let Android users in the US download third-party apps directly from the Google Play Store starting July 22. This change comes after a court ruling that found Google's Play Store pract...
