China’s leading electric vehicle maker, BYD, has seen its share price drop by more than 10% in the past year, as competition intensifies in the...
How China’s Cheap Exports Threaten U.S. Green and Tech Industries
The U.S. government is investing trillions of dollars to boost its domestic manufacturing of clean energy and high-tech products, hoping to create jobs and fight...
Lucid Motors appoints new European leader to boost its EV presence
Lucid Motors, the California-based electric vehicle (EV) maker, has announced the hiring of a new managing director for Europe. The company hopes to strengthen its...
China’s auto industry sets new records in 2023 amid global recovery
China’s auto industry achieved remarkable results in 2023, breaking the previous records of production and sales, as well as becoming the world’s largest vehicle exporter...
Tokyo’s Stock Market Surges to New Heights as Investors Bet on Economic Recovery
Tokyo’s stock market has been on a roll in the first two weeks of 2024, reaching new 34-year highs and closing in on the record...
How Inflation and Fed Policy Affect the Stock Market and Your Portfolio
Inflation is one of the most important factors that influence the performance of the stock market and your portfolio. Inflation measures the change in the...
Japan’s current account surplus hits record high in November
Japan’s current account surplus, one of the widest gauges of international trade, reached a record high of 1.93 trillion yen ($13.3 billion) in November, the...
Deutsche Bank explores potential mergers with European rivals
Germany’s largest lender, Deutsche Bank, is reportedly considering various merger and acquisition scenarios involving other European banks, such as Commerzbank and ABN Amro, according to...
How the Red Sea conflict is affecting the global oil market
Oil prices have been fluctuating in the past few weeks amid rising geopolitical tensions in the Middle East, where the war between Israel and Hamas...
US Dollar Retreats After Weak Producer Price Data
The US dollar index, which measures the greenback against a basket of six major currencies, gave up some of its earlier gains on Friday after...
Dow Jones Gains Despite Goldman Sachs Downgrade; Coinbase Suffers As Bitcoin Plunges
The Dow Jones Industrial Average climbed on Wednesday, shrugging off a negative rating for one of its components, Goldman Sachs (GS), as investors awaited inflation...
Bitcoin ETFs Get Green Light from SEC, But Crypto Fans Should Be Cautious
The US Securities and Exchange Commission (SEC) has finally approved the first exchange-traded funds (ETFs) that track the price of bitcoin, the world’s largest cryptocurrency...
GM Faces Tough Competition in China as Sales Drop by Half Since 2017
General Motors, once the dominant automaker in China, has seen its sales in the world’s largest car market plummet by almost 50% in the past...
Panasonic Automotive aims to diversify its products and partnerships
Panasonic Automotive Systems, a subsidiary of Japan’s Panasonic Holdings, is looking to broaden its portfolio of products and services for the automotive industry. The company,...
China boosts financial support for regional banks amid economic challenges
China is increasing its financial aid for regional banks as it faces multiple economic challenges, such as a slowing growth, a property slump, a debt...
Israel’s housing crisis deepens as prices soar and sales plummet
Israel’s real estate market in 2023 was in a deep recession and faced major concerns that the recession could continue throughout 2024. The number of...