Tesla Extends Subsidies In China By 1 Month As EV Maker Prepares To Report Q4 Deliveries
Tesla reportedly announces extension of promotional measures in China, one of its key markets, a day ahead of its Q4 deliveries report.
BYD Leads Charge As Most Chinese EV Startups Clock Record December Deliveries: Warren Buffett-Backed Company On Track To Wrest Global EV Crown From Tesla
Chinese EV startups finished the year on a high, with Li Auto and BYD putting up stellar performances for the quarter and December.
Russia’s Biggest Ukrainian Attack To Date: Unpacking Latest Missile, Drone Salvo
Ukrainian officials have described the latest attack as the most extensive aerial barrage since Russia's invasion began in February 2022.
Asia Markets Mixed, Europe Gains, Crude Oil At $72, While Gold Slides – Global Markets Today While US Was Sleeping
On Thursday, December 28th, the U.S. stock markets closed mixed, with the Nasdaq composite recording a slight decline.
In economic data, initial jobless claims rose to 218,000 in the week ending December 23rd, exceeding expectations.
Trade Turmoil: Houthi Attacks In Red Sea Ignite Rerouting Crisis, Drive Surging Shipping Stocks
Escalating disruptions in the Red Sea by Yemen-based Houthi rebels has caused a significant shift in global trade patterns, with half the container-ship fleet rerouting to avoid the area, increasing operational costs and consumer prices.
The Great China Unwind: Foreign Investors Pull $29B Out Of Chinese Equity Markets In 2023
Nearly 90% of foreign investment into Chinese equity markets in 2023 withdrawn amid growth concerns & losses from real estate sector.
Asia Markets Mixed, Europe Mostly In Green, Crude Oil And Gold Drop – Global Markets Today While US Was Sleeping
On Wednesday, December 27th, the U.S. stock markets closed in green, with major U.S. stock indexes fluctuating between slight gains and losses during the session.
JD.Com Gears Up For Significant Pay Increases Despite Volatility In Chinese Consumer Trends
The salary hike could be seen as part of these transformative changes aimed at boosting employee morale and productivity
Asia And Europe Markets Rise, Crude Oil Reaches Hovers Around $75, Gold Hits $2,075 – Global Markets Today While US Was Sleeping
On Tuesday, December 26th, the U.S. stock markets closed in green as all major indexes surged, boosted by increases in the Oil & Gas, Consumer Goods, and Industrial sectors.
Warren Buffett-Backed BYD Set To Topple Elon Musk’s Tesla As World’s No.1 EV Seller This Quarter
This shift in leadership brings to the forefront a new competitive dynamic between Tesla's CEO Elon Musk and BYD's billionaire founder Wang Chuanfu.