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Markets

Chinese EV brands Li Auto and Zeekr report record September deliveries

by Horatio Thompson
Chinese EV brands Li Auto and Zeekr report record September deliveries

A Li L6 by Li Auto is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. Tingshu Wang | …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images S&P 500 futures inched down on Wednesday as traders braced for …

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‘More restrictive policy’ may still be needed

by Walter Watson
‘More restrictive policy’ may still be needed

Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024.  Bloomberg | Bloomberg …

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Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar

by Edgar Davis
Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar

Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | …

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Aussie shares dip slightly, ending 10-day win streak

by Anas Siddiqui
Aussie shares dip slightly, ending 10-day win streak

The local share market has been unable to extend its longest winning streak in nearly a decade, with the benchmark index finishing ever-so-slightly lower but still above the key psychological …

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How Chinese EV automakers are winning in Mexico

by Horatio Thompson
How Chinese EV automakers are winning in Mexico

Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington …

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‘The time has come for policy to adjust’

by Walter Watson
‘The time has come for policy to adjust’

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, …

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European markets higher ahead of Powell speech; Nestle down 1.8%

by Ron Morgan
European markets higher ahead of Powell speech; Nestle down 1.8%

LONDON — European stocks were higher Friday as investors looked ahead to U.S. Federal Reserve Chair Jerome Powell’s speech later in the session from Jackson Hole, Wyoming. The Stoxx 600 index was up …

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Stocks slide ahead of Powell’s speech

by Horatio Thompson
Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | …

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Baidu reports slower growth in robotaxi rides

by Horatio Thompson
Baidu reports slower growth in robotaxi rides

Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu is reporting slower growth …

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