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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......»»

Category: topSource: reutersDec 27th, 2019

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.....»»

Category: topSource: moneycentralOct 19th, 2018

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.....»»

Category: worldSource: nytApr 15th, 2024

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 .....»»

Category: topSource: chicagotribuneApr 10th, 2024

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.....»»

Category: blogSource: benzingaApr 10th, 2024

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......»»

Category: topSource: foxnewsMay 13th, 2021

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.....»»

Category: earningsSource: benzingaApr 30th, 2021

: 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......»»

Category: topSource: marketwatchApr 16th, 2021

RLX Technology stock sinks 45% after report says Chinese government will increase e-cigarette regulation

RLX Technology stock sank as much as.....»»

Category: smallbizSource: nytMar 22nd, 2021

: 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......»»

Category: topSource: marketwatchMar 10th, 2021

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.....»»

Category: blogSource: benzingaFeb 28th, 2021

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 .....»»

Category: worldSource: nytFeb 24th, 2021

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......»»

Category: topSource: digitimesFeb 23rd, 2021

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......»»

Category: topSource: marketwatchFeb 18th, 2021

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.....»»

Category: topSource: marketwatchFeb 11th, 2021

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.....»»

Category: topSource: marketwatchJan 19th, 2021

: 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......»»

Category: topSource: marketwatchJan 14th, 2021

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.  .....»»

Category: blogSource: benzingaJan 12th, 2021

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......»»

Category: topSource: marketwatchDec 15th, 2020

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.....»»

Category: topSource: marketwatchMay 15th, 2020