Finance

Tesla Slashes Vehicle Prices In US, Europe

Tesla on Friday announced it will cut the price of its best-selling electric vehicle models by up to 20 percent in Europ... Read more

Hong Kong Stocks Rise On US Inflation Data

Hong Kong stocks climbed at the start of trading on Friday morning as investors welcomed another slowdown in US inflatio... Read more

US Stocks End Higher On Cooler Inflation Data

Wall Street stocks rose again on Thursday after US data showed a moderation in inflation as markets looked ahead to earn... Read more

Mainland Consumer Prices Edge Higher

Consumer prices on the mainland rose 1.8 percent in December, up from a 1.6 percent increase the month before, the Natio... Read more

Hong Kong Stocks Open Higher On Wall Street Rally

Hong Kong stocks began Thursday morning on the front foot following another strong lead from Wall Street, with traders b... Read more

US Stocks Rise On Hopes Of Cooling Inflation

Wall Street stocks rallied on Wednesday as markets await key US inflation data, with hopes that the figures will show a ... Read more

Inflation To Come Down Soon, Say Financial Leaders

Inflation is expected to recede later in the year, financial heavyweights said on Wednesday, as they warned that global ... Read more

Tech Shares Lift US Stocks Higher

Wall Street stocks finished higher on Tuesday following a choppy session, as markets digested a downgraded global outloo... Read more

World Bank Cuts 2023 World Growth Forecast

Global growth is slowing "perilously close" to recession, the World Bank said on Tuesday, slashing its 2023 economic for... Read more

Coinbase Slashes Another 950 Jobs

Coinbase Global Inc said on Tuesday it will reduce its workforce by about 950 employees as part of a restructuring plan,... Read more

Tech Stocks Rise In Mixed Wall Street Session

The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will be... Read more

Ex-McDonald's Chief Fined Over False Statements

The US Securities and Exchange Commission (SEC) on Monday charged former McDonald's Chief Executive Stephen Easterbrook ... Read more

Suez Canal Traffic 'normal' After Vessel Refloated

Suez Canal maritime traffic was "normal" on Monday after a Norwegian-owned cargo vessel ran aground but was then refloat... Read more

Shares Of Ant-linked Firms Rise, Alibaba Jumps

Shares of listed mainland companies that count Ant Group as a major shareholder rose on Monday, after announcing that An... Read more

No Plans For IPO, Ant Group Tells Reuters

Financial technology giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an e... Read more