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With Its Stock Down 48% This Year, What’s Happening With Xpeng Stock?
Forbes· 19 hours agoChinese luxury EV maker Xpeng deliveries for June rose by 24% year-over-year to 10,688 units. Xpeng...
Chinese Billionaire Shen Wenrong, Who Created Steel Giant, Dies At 78
Forbes· 5 days agoShen Wenrong, founder of China’s largest non-state owned steel maker, Jiangsu Shagang Group, passed...
US yields lift dollar and leave yen languishing
Reuters· 4 days agoThe dollar was supported by rising U.S. yields and the blowtorch was on low-yielding currencies on Tuesday such as China's yuan and Japan's yen, which...
Sigh of relief lifts French markets
The Forex Market· 5 days agoOverview: The market feels a bit more at ease after the first round of the French elections that extreme policies will be avoided by an effort to deny...
Rough road ahead for US EV makers despite upbeat quarterly sales
Reuters via Yahoo Finance UK· 3 days ago(Reuters) -Better-than-expected U.S. electric-vehicle sales in the second quarter brought welcome...
Tencent to close online education service as tech giant cuts back on noncore operations
South China Morning Post via Yahoo Finance UK· 5 days agoTencent Holdings is closing down its 10-year-old online education platform with more than 400...
The ADP job report is due ahead of Friday’s official Payrolls
The Forex Market· 3 days agoNeither consensus-matching European CPI (0.2% m/m, 2.5% y/y) nor the policy panel at Sintra...
Rough road ahead for US EV makers despite upbeat quarterly sales
Reuters· 3 days agoBetter-than-expected U.S. electric-vehicle sales in the second quarter brought welcome relief to...
China Outlook Worries Linger Even After Strong Factory Showing
Bloomberg via Yahoo Finance UK· 5 days ago(Bloomberg) -- Worries over the outlook for China’s economy remained even after a private gauge of...
Ex-China Fisheries Clerk Becomes Billionaire With ‘Hermès Of Jewelry’
Forbes· 4 days agoXu Gaoming, who started his career as a clerk in a local fisheries bureau in the 1980s, is China’s...