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Global shares rise in record year-end rally, dollar slips
Global equity markets scaled fresh records in a year-end rally on Friday as upbeat Chinese economic data and optimism a U.S.-Sino trade deal is imminent bolstered global growth prospects, but the dollar weakened as risk appetite increased......»»
China"s economy cools as trade war with U.S. heats up
As tariffs start to bite, Chinese economic growth slips to slowest rate since the 2008 financial crisis.....»»
Yuan Weakens After "Unbalanced" Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint
Yuan Weakens After 'Unbalanced' Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint China’s economic growth beat expectations in Q1, rising +5.3% YoY - considerably.....»»
Historic 152-year-old River North building ‘slips through the cracks,’ faces imminent demolition
The three-and-a-half story brick and cast-iron building at 720 N. Wells St. rose from the ashes of the Great Chicago .....»»
Iron Ore Surge Boosts Australian Dollar As Rio Tinto Invests in Innovation
Iron ore prices surge on rising Chinese demand, with transaction volumes at major ports increasing. This is positive for the Australian Dollar and its export market. read more.....»»
Alibaba logs higher quarterly sales but posts loss on antitrust fine
Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss......»»
Nio Reports Q1 Beat Amid Strong Demand, Forecasts Deliveries Growth Despite Chip Shortages
Chinese EV manufacturer NIO Inc. (NYSE: NIO) announced Thursday first-quarter r.....»»
: China posts record growth on-year in Q1 but recovery seen as slowing
The Chinese economy grew by a record 18.3% in the first quarter of the year compared with the same period of 2020, when it had shrunk for the first time in decades due to the COVID-19 pandemic......»»
RLX Technology stock sinks 45% after report says Chinese government will increase e-cigarette regulation
RLX Technology stock sank as much as.....»»
: Investors blinded by over-optimism on vaccine rollout must see these risks, warns economist
Enthusiasm for President Biden’s coronavirus relief package, the rollout of vaccines, and Chinese growth have made investors blind to risk, warns this economist......»»
Xpeng To Release New P7 Sedan With Lithium Iron Phosphate Battery March 3: Report
Chinese electric vehicle maker Xpeng Inc – ADR (NYSE: XPEV) will likely launch a new version of its P7 sedan as soon as next week. read more.....»»
Uber stock slips as Chinese rival reportedly plans to enter the Western European market
Uber stock was weighed down by a report that Chinese rival Didi is looking to enter the ride-hailing market in the UK, France and Germany. Nisian Hughes/Getty Images Uber shares fell Wednesday .....»»
LFP and ternary batteries to equally share China market
LFP (lithium iron phosphate) batteries, with penetration growing in China, are expected to split the Chinese market with ternary batteries in a 50-50 ratio in 2021, according to industry sources......»»
Earnings Results: Rackspace stock sinks despite bookings and revenue growth
Cloud-services provider Rackspace Technology Inc. shares fall sharply even after its CEO said that the company's fourth quarter "capped off a fantastic year," during which bookings and revenue grew......»»
Kellogg stock slips after profit and sales miss, but guidance is for surprise earnings growth this year
Shares of Kellogg Co. slipped 0.2% in premarket trading Thursday, after the cereal and snacks company reported fourth-quarter profit and sales that missed expectations, but pointed toward surprise growth in full-year earn.....»»
China ETFs surge on GDP beat
Chinese growth-stock exchange-traded funds roared higher Tuesday, the first trading day in the U.S. after the country said it had had economic growth that beat analyst expectations and surpassed pre-pandemic ra.....»»
: Chinese exports shot to a record high in 2020 as the world economy sank
Economists expect China’s exports growth to slow in the coming months if western economies manage to control the COVID-19 pandemic's second wave and resume normal activity......»»
XPeng Analyst: Automaker Leads Chinese EV Market In Autonomous Driving
Chinese electric vehicle manufacturer Xpeng Inc – ADR (NYSE: XPEV) is poised for an acceleration in sales growth, according to an analyst at BofA Securities. The XPeng Analyst: Ming Hsun Lee reiterated a Buy rating on XPeng with a $54.10 price target. .....»»
Economic Report: U.S. industrial output growth slips in November, pulled lower by utilities
Industrial production rose 0.4% in November, weighed down by a sharp decline in utilities, the Federal Reserve reported Tuesday......»»
Alibaba stands to benefit as Chinese e-commerce growth nears pre-virus levels, says analyst
Raymond James analyst Aaron Kessler is encouraged by Chinese government data indicating that growth of online purchases in the country is nearing pre-coronavirus levels. He said the la.....»»