Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find
China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but…
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks,…
Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and more
Check out the companies making some of the biggest moves in premarket trading. ChargePoint — Shares of the electric vehicle…
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…
Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and more
Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker and artificial intelligence beneficiary popped…
Goldman Sachs is cutting jobs again amid Wall Street deals slump
Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump…
Very few U.S.-China flights are back despite the end of Covid
BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according…
Dimon calls for Washington-Beijing engagement in first China visit since 2021 controversy
JPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for “real engagement” between policymakers in Washington and Beijing, as…
