Month: May 2025
Shares in China’s CATL jump over 11% in Hong Kong debut as battery maker rides electric-vehicle boom
Shares of CATL debut in Hong Kong on May 20, 2025. Sopa Images | Lightrocket | Getty Images Shares of the world’s largest battery manufacturer Contemporary Amperex Technology rose over 11% in their Hong Kong trading debut on Tuesday. Shares were trading at 292 Hong Kong dollars apiece on the Hong Kong stock exchange premarket, compared […]
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Asia-Pacific markets rise as investors eye Reserve Bank of Australia and China loan prime rate decisions
Cityscape image of Sydney, Australia with Harbor Bridge and Sydney skyline during sunset. Vacation and travel in Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets climbed Tuesday as investors look toward the Reserve Bank of Australia’s policy rate decision, as well as the listing of the world’s largest battery manufacturer Contemporary Amperex Technology. […]
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Chinese exporters are offering sweet deals to U.S. businesses. They often come wrapped in fraud
China Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, U.S., May 12, 2025. Carlos Barria | Reuters Chinese exporters are offering lucrative deals to U.S. customers with promises of bearing the full burden of tariffs. Look beneath and there’s a web of […]
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Alphabet’s Waymo wins approval to expand driverless ride-hailing service to San Jose
A Waymo autonomous vehicle drives along Masonic Avenue on April 11, 2022 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Alphabet’s Waymo unit has received approval to expand its autonomous ride-hailing service to more parts of the San Francisco Bay Area, including San Jose. In March, the company submitted a […]
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The most common travel scams in 9 global cities
The travel industry is one of the sectors most susceptible to fraud, with scams rising 18% during the summer peak season and 28% in the winter peak season in 2024, according to a new report. The report, published last Tuesday by the Mastercard Economics Institute, showed that fraud related to travel agency and tour company […]
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Stock market futures are flat after S&P 500 extends winning streak to six days: Live updates
Stock futures were little changed Monday evening as Wall Street waits to see if last week’s market rally can find new momentum. S&P 500 futures dipped less than 0.1%. Nasdaq 100 futures were down 0.1%, while futures tied to the Dow Jones Industrial Average shed 15 points, or less than 0.1%. The moves in futures […]
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Bitcoin retreats after hitting four-month high above $107,000: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, Bitcoin falls after hitting a four-month high above $107,000. And, the Trump family’s World Liberty Financial crypto project pushes back on Sen. Richard Blumenthal’s concerns of potential conflicts of interest or violations of the law […]
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Wall Street’s rebound puts pressure on earnings to justify high stock prices
The stock market rally that followed the U.S.-China agreement to temporarily reduce tariffs appears to have run out of steam , and investors may now find themselves uneasy with where prices sit. Adam Parker, founder of Trivariate Research, said in a note to clients Sunday that the “upside-downside ratio for the S & P 500 […]
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Judge calls out ‘Apple official who is personally responsible’ in Fortnite app order
This illustration picture shows a person waiting for an update of Epic Games’ Fortnite on their smartphone in Los Angeles on August 14, 2020. Chris Delmas | AFP | Getty Images Apple must work out its latest issues with Epic Games, or head back to court to prove it has a legal basis for delaying […]
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Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership
Wendy McMahon, president and co-head of CBS News and Stations. Michele Crowe | CBS | Getty Images CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company’s news division and Paramount Global controlling shareholder Shari Redstone. Paramount Global co-CEO George […]
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