Global Trade
Evergrande Hong Kong: 87% Stock Plummet Raises Alarms
China Evergrande Group, the prominent real estate conglomerate grappling with substantial debts, experienced a staggering 87% decline in its Hong Kong trading on Monday after...
Chinese Restrictions Cast Doubt on Nvidia Growth
Nvidia, renowned for its robust graphics processing units (GPUs), has celebrated a five-quarter spree of surpassing earnings projections. Boasting a lofty forward price-to-earnings ratio of...
BYD Defies Odds, Tops China’s Automotive Market
BYD Co Ltd, a prominent player in the new energy vehicle sector, has demonstrated its resilience by retaining its position as China’s top-selling automotive brand...
Watches of Switzerland Shares Dive as Rolex Ventures into Retail
The Watches of Switzerland Group Plc, renowned as the United Kingdom’s largest vendor of Rolex watches, faced a substantial setback on Friday following a surprising...
Digital World Shares Drop 5% as Trump Returns to Social Media
Shares of Digital World Acquisition Corp, a special purpose acquisition company (SPAC) that had previously announced plans to merge with the media venture of former...
China Considers Stamp Duty Reduction to Revitalize Stock Market
Chinese authorities have recently submitted a draft proposal to the cabinet this month, aiming to breathe new life into the nation’s beleaguered stock market. According...
Tesla Grapples with Quality Issues Ahead of Cybertruck Debut
Tesla (TSLA) has captured the spotlight once again, this time with its highly anticipated model, the Cybertruck. Amid the excitement surrounding the upcoming production of...
Tech Giant Nvidia Ignites Asian Markets Surge
Asian markets experienced a substantial surge on Thursday, propelled by the exceptional performance of tech giant Nvidia on Wall Street and a reduction in U.S....
Streaming Services Struggle as Costs Rise and Churn Rates Soar
As the sun sets on the golden age of streaming, streaming services are grappling with the strains of escalating costs. According to recent data unveiled...
Zeekr Aims for $13B Valuation in U.S. IPO Drive
Zeekr, the premium electric vehicle (EV) brand under Chinese automaker Geely, is set to embark on a landmark journey with its US Initial Public Offering...
