markets

China has spent at least $230 billion to build its EV industry, new study finds

BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis…

China talks up support for IPOs. Investors are watching the speed of approval

BEIJING — Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial…

How investors can stay protected with emerging market opportunities

Investors may want to consider hedging their emerging market plays, according to one exchange-traded fund expert. Ben Slavin, global head…

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

Shares of Dell Technologies and Super Micro Computer jumped Thursday after Elon Musk revealed that the two hardware makers will…

Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut

LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described…

Switzerland makes second interest rate cut as major economies diverge on monetary policy easing

The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…

Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady

BEIJING — Ratings agency Fitch no longer expects China to cut its policy rate this year, and has pushed back…

UK inflation falls to Bank of England’s 2% target ahead of elections

U.K. inflation fell to the Bank of England’s target of 2.0% in May, the Office for National Statistics said Wednesday,…