Asia Archives - Page 24 of 119

2 minute read

Semiconductor Supply Chain Fears: Counting The Cost Of Taiwan’s Earthquake

April 3, 2:55 PM

Market reaction to Taiwan earthquake shows companies in semiconductor supply chain are ready for such disasters, with minimal impact on market index and production of chip manufacturers.

AAPL

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Novo Nordisk’s Popular Diabetes Drug Ozempic Starter Kits Face Extended Shortages in Germany, Faces Biosimilar Threat In China

By Vandana Singh

April 3, 1:37 PM

Novo Nordisk warns of Ozempic starter kit scarcity in Germany amid ongoing supply challenges in Europe. Restrictions on off-label use emphasized, with intermittent shortages expected in 2024. Biosimilar Jiyoutai awaits approval in China. FDA tightens Mounjaro supply due to high demand.

LLY

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Fed Rate Cut Delay Weighs On Asia Stocks, Europe Markets Rise, Gold Hits $2,290 – Global Markets Today While US Slept

By Akanksha Bakshi

April 3, 7:01 AM

On Tuesday, April 2nd, the U.S. stock markets ended lower as concerns grew over a potential delay in…

ADIV

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Xiaomi CEO Predicts Tesla-Like Success As Chinese EV Debutant’s 1st Electric Offering Zooms Off The Lot With Over 100K Orders

By Anan Ashraf

April 3, 6:21 AM

The SU7 has a starting price of 215,900 yuan (about $29,838), lower than even the Tesla Model 3 in China.

2 minute read

Nippon Steel’s Commitment To Steelworkers Union; Ivanhoe Electric’s Drilling Results; Iron Ore Prices Jump And More: Tuesday’s Top Mining Stories

By Austin DeNoce

April 2, 5:02 PM

Nippon Steel commits $1.4B for US Steel acquisition, Ivanhoe Electric finds significant copper, iron ore prices increase due to China's industrial recovery, Reliance, Inc. acquires Mid-West Materials

2 minute read

Tesla’s Made-In-China Sales Offer Sliver Of Hope Ahead Of Q1 Global Deliveries Report

By Shanthi Rexaline

April 2, 7:51 AM

Tesla China sales picked up pace in the final month of the first quarter, data released by the China Passenger Car Association showed.

TSLA

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Asia And Europe Markets Mixed, Crude Oil Tops $85 And Gold Hits A New Peak At $2,280 – Global Markets Today While US Slept

By Akanksha Bakshi

April 2, 6:44 AM

On Monday, April 1st, the U.S. stock markets ended mixed; the Dow and S&P 500 dipped due to…

ADIV

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Xiaomi’s Tesla Killer Budget EV Sparks Nearly 15% Rally After Launch, Heats Up Nio, Xpeng Rivalry

By Benzinga Neuro

April 1, 11:17 PM

Chinese smartphone giant Xiaomi saw a 15% surge in its shares on Tuesday, following the launch of its first electric vehicle, the SU7. The new car's competitive pricing and features have significantly impacted the market.

TSLA

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Tesla May Be Staring At Big Q1 Sales Miss, But Could Still Reclaim EV Crown From Buffett-Supported Chinese Competitor BYD

By Shanthi Rexaline

April 1, 1:10 PM

EV market slowdown is beginning to show up in the numbers of the frontrunners in the industry, with China's BYD seeing a sharp Q-o-Q plunge in deliveries.

BYDDF

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China Criticizes US Chip Export Rules Impacting Nvidia And AMD

By Anusuya Lahiri

April 1, 10:59 AM

China opposes the U.S.'s semiconductor export regulations; initiated a $40 billion state fund to bolster its chip sector in response.

AMD