Finance

China’s Xi says countries share responsibility to promote growth, opposes decoupling

BEIJING — Chinese President Xi Jinping said Tuesday that Beijing opposes “decoupling and breaking links,” according to a CNBC translation…

HDFC Bank director says Indian mega merger won’t face ‘insurmountable challenges’

The merger between India’s HDFC Bank and the Housing Development Finance Corporation (HDFC) will increase the entity’s customer base and…

Before Apple’s Vision Pro hits the shelves, lower-priced rival Xreal claims it’s near 200k shipments

BEIJING — Less than a year since augmented reality glasses startup Xreal started sales, the Alibaba-backed company is claiming shipments…

BYD launches its most direct Tesla competitor yet

BEIJING — Chinese electric car giant BYD is launching a new electric SUV, its most direct competitor yet to Tesla’s…

OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

Singapore’s Oversea-Chinese Banking Corporation has set its sights on “longer term opportunities” in Greater China and Southeast Asia and expects…

Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more

Check out the companies making headlines in midday trading. Electric vehicles — Electric vehicle makers such as Rivian Automotive surged…

Stocks making the biggest moves in the premarket: Tesla, Apple, AstraZeneca and more

Check out the companies making headlines in premarket trading. Tesla — Tesla shares popped nearly 7% after the electric vehicle…

China’s central bank gets a new party secretary

BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would…

100 million Squishmallows sold in a year — How the toy sensation joined Warren Buffett’s conglomerate

Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and…