Asia Archives - Page 2 of 119

3 minute read

Taiwan Semiconductor Arbitrage Trade Faces Challenges As US Stock Premium Hits 15-Year High: ‘AI Boom Is Not Over’

June 17, 12:17 AM

The popular arbitrage trade involving Taiwan Semiconductor Manufacturing Co is causing unexpected pain as the U.S. stock premium over its Taiwanese counterpart reaches a 15-year high.

AAPL

2 minute read

China Keeps Interest Rates Unchanged Amid Economic Uncertainty To Stabilize The Yuan And Manage Liquidity

By Benzinga Neuro

June 17, 12:09 AM

In a recent note, analysts at Bernstein have projected that the price of Bitcoin will surge to $500,000 by 2029, driven by the increasing demand for Bitcoin ETFs.

BTC

2 minute read

Tesla’s Top Rival BYD Unveils Latest EV Model Under Fang Cheng Bao Lineup: Report

By Nabaparna Bhattacharya

June 14, 2:41 PM

BYD's Fang Cheng Bao debuts Bao 3, labeled as the production version of the Super 3 concept, featuring nine images showcasing its electric prowess.

BYDDF

2 minute read

Bank Of Japan’s Bond Purchase Reduction Leaves ETFs Flat, Yen Softens

By Michael Juliano

June 14, 2:12 PM

U.S. Japan bond ETFs flat after Bank of Japan's bond purchase reduction. Market reacts but individual ETFs show varied performance.

BWX

2 minute read

Tesla Allowed To Test Full Self-Driving Software On 10 Vehicles In China – Shanghai Grants Approval

By Nabaparna Bhattacharya

June 14, 1:44 PM

Shanghai grants approval for 10 Tesla vehicles to test Full Self-Driving software, potentially intensifying competition in China's autonomous driving market.

TSLA

2 minute read

Life Imprisonment For Short Selling? South Korea Extends Ban, Harshens Penalties

By Hayden Buckfire

June 14, 11:33 AM

South Korea extends ban on short selling until 2025 to crack down on illegal practices. Institutions like HSBC and BNP Paribas fined for naked shorting.

AMC

2 minute read

Tesla Rival NIO Calls On EV Industry To ‘Research’ And Tackle Battery Concerns Together: Report

By Nabaparna Bhattacharya

June 14, 9:38 AM

NIO's Qin Lihong advocates for industry-wide collaboration, urging additional partners to join the battery swap alliance.

NIO

1 minute read

TotalEnergies Exits Brunei, Offloads Oil Asset To Malaysian Company

By Lekha Gupta

June 14, 7:41 AM

TotalEnergies sells its Brunei subsidiary to Hibiscus Petroleum for $259 million, aligning with their strategy to optimize portfolio and focus on growth areas.

EIPX

2 minute read

Asia Mixed, European Markets Continue To Decline While Dollar Advances – Global Markets Today While US Slept

By Akanksha Bakshi

June 14, 7:00 AM

Asia markets were mixed while European market continues its fall. US Dollar Index advanced 0.42% to 105.64. Gold traded higher by 1.12% at $2,344.35 and Silver rose 0.49% to $29.215.

ADIV

2 minute read

Bain Partner Warns Chinese EV Makers: Price Wars Abroad Could Jeopardize Product Quality And Brand Reputation, Urges Focus On Long-term Strategy

By Benzinga Neuro

June 13, 8:55 AM

A Bain & Co. partner has cautioned that the ongoing price wars among Chinese electric vehicle manufacturers in overseas markets could potentially raise doubts about the quality of their products.

BYDDF