French Luxury Retailer Galeries Lafayette Closes Beijing Store After 13 Years Shifts Focus to Chinese Consumer Trends US Prioritizes American AI Expansion in Asia Following TrumpXi Meeting Official Southeast Asias Biofuel Push Strains Food Supplies and Export Capacity Barclays Profit Climbs 18 on Strong Banking Income Raises FullYear Guidance HNB General Insurance Appoints Dilshan Perera as Chief Operating Officer JPMorgans Summer Reading List for the Affluent Highlights AI Leadership and Curious Lessons from Lemons Jamie Dimon Issues Challenging Message to JPMorgan Workforce Consumer Prices Rise 38 in April Exceeding Expectations and Hitting Highest Level Since May 2023 AXT Inc Surges 157 as Market Awaits Strategic Announcements Space ETFs Surge as Market Awaits Potential SpaceX Public Offering China Builds 30Day Coal Reserve to Mitigate El Nino Power Risks SP 500 Edges Higher as Tech Surge Offsets Energy Slide India Inc Revenue Growth Fails to Offset Margin Pressures in March Quarter