Baidu Stock Plummets In Biggest Drop Since 2022 Amid Reports Linking Ernie To PLA AI
The fear is that these revelations could spark sanctions from Washington in an attempt to curb China's growing clout.
Tesla Price Cuts In China Spooks Investors, Lucid Skids To Record Low Amid Falling Q4 Production, XPeng’s Flying Car And More: Biggest EV Stories Of The Week
Electric vehicle news continued to abound, as Tesla stock took a tumble amid investor pessimism.
Chinese EV Makers, BYD, Geely Under EU Scrutiny: Report
The European Commission is set to conduct inspections of several Chinese automakers, including BYD, Geely Automobile and SAIC.
Asia and Europe Markets Rise, Crude Oil Hits $75, and Gold Nears $2,050 – Global Markets Today While US Was Sleeping
US stock markets closed mixed on Jan 11 due to rising inflation and strong labor market. Asian markets mostly up. Oil prices rise due to Yemen strikes.
Why This High-Performing Fund Is Betting On Tencent Amid China’s Regulatory Storm
Tencent, once Asia's second-most valuable company, saw a significant decrease in its market worth due to the new regulations in China.
Bitcoin On Wall Street, Outcast in Seoul: South Korea Shows Crypto Cold Shoulder Amidst US ETF Boom
South Korea maintains its firm stance against recognizing virtual assets as financial assets and continues to prohibit financial institutions from investing in them.
Japan Market Hit 34-Year High, Europe Mostly In Green; Crude Oil At $72.50 – Global Markets Today While US Was Sleeping
On Wednesday, January 10th, U.S. stock markets closed on a positive note, led by a rally in major stocks, with investors cautious ahead of upcoming inflation reports and major bank earnings.
Yixin steers away from young joint venture to stay focused on China auto market
Key Takeaways:
Yixin will sell its 49% stake in a 2-year-old joint venture to partner Qingdao Caitong, which wants to expand into areas beyond the venture’s original auto leasing services
Yixin’s auto financing business is growing despite an unsteady Chinese car market, fueled by booming demand for electric vehicles
As China’s Population Declines In 2023, Will Aging Demographics Boost Healthcare Stocks?
Exploring the economic implications of China's declining population on property markets and the potential rise of healthcare and tech investments.
Japanese India Shines In Asia, European Markets Steady, Gold Climbs To $2,040 – Global Markets Today While US Was Sleeping
On Tuesday, January 9th, the U.S. stock markets closed mixed, influenced by a slight uptick in Treasury yields, leading to the S&P 500 and Dow Jones ending the session in the red.