Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
BEIJING — Huawei has received more than 2.7 million pre-orders for its trifold smartphone, its website showed on Monday. The…
China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall
BEIJING — China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations…
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green…
ETFs are on pace to break record annual inflows, but this wild card could change it all
Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the…
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping into the AI arms race.
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
China should focus on fighting deflationary pressure, former central bank governor says
SHANGHAI — China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of…
