World
Chinese automakers BYD, Leapmotor and Xiaomi smash annual delivery targets ahead of schedule
BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Chinese automakers BYD, Leapmotor, and Xiaomi have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid growth and strong market demand […]
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China bonds rally with 10-year yield hitting a multi-decade low on rate cut expectations
China’s economy is widely expected to grow by more than 5% this year. Vcg | Visual China Group | Getty Images China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low, amid expectations that Beijing could expand its stimulus measures to shore up the […]
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Coinbase policy chief expects speedy approval of crypto laws following Trump’s victory
Faryar Shirzad, chief policy officer at Coinbase, speaking onstage during the 2024 Concordia Annual Summit at Sheraton New York Times Square on Sep. 24, 2024 in New York City. John Lamparski | Getty Images for Concordia Summit LONDON — Coinbase’s top policy executive expects the United States to rapidly regulate the cryptocurrency industry once Donald Trump […]
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Adani investor GQG’s shares plunge over 15% after UBS downgrades stock, cuts target price
In this photo illustration, a GQG Partners logo is seen on a smartphone. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Pavlo Gonchar | Lightrocket | Getty Images Shares of major Adani Group investor GQG Partners fell as much as 15.74% on Monday after Swiss bank UBS downgraded the stock from a “buy” to […]
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Caixin PMI: China’s November factory growth hits five-month high, beats forecasts
A worker grinds at a workshop of an equipment manufacturing company in Qingzhou Economic Development Zone, East China’s Shandong province, March 31, 2023. CFOTO | Future Publishing | Getty Images China’s manufacturing activity continued to expand among smaller manufacturers in November, signaling that the country’s recent stimulus efforts have already helped to lift certain sectors […]
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CNBC Daily Open: November was a month to remember for stocks
A specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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President Biden pardons his son Hunter Biden
US President Joe Biden, left, and Hunter Biden, son of US President Joe Biden, right, during the Easter Egg Roll on the South Lawn of the White House in Washington, DC, US, on Monday, April 1, 2024. The First Lady, a teacher for more than 30 years, created this year’s theme of “EGGucation.” Michael Reynolds […]
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Asia-Pacific markets rise as investors await key economic readings from the region
A heavy traffic jam with many cars on the road in Chaoyang district in Beijing, China. Sw Photography | Digitalvision | Getty Images Asia-Pacific markets kick-started a data-heavy week higher, with investors awaiting economic readings from several countries, including Japan, South Korea and China. Over the weekend, China released its official purchasing managers’ index reading […]
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Stock futures are little changed after Dow and S&P 500 notch best months of the year: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2024. Brendan McDermid | Reuters Stock futures are little changed Sunday night as investors looked toward the final month of trading this year. Futures tied to the Dow Jones Industrial Average slipped 45 points, or 0.1%. […]
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An Indian automaker just unveiled 2 EVs priced around $25,000. Analysts say buy the stock
Mahindra & Mahindra , one of India’s largest automakers, last week unveiled two new electric vehicles priced around $25,000, challenging both domestic and international rivals in the growing Indian EV market. The news has led some analysts to turn even more bullish on the stock, with almost 90% of those covering it giving the company […]
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