Economy
Finance, markets, investments, cryptocurrency and economic news
World's largest EV maker BYD sees 36% sales drop in China as Xiaomi, Leapmotor gain ground. Analysis of shifting Chinese EV market dynamics and competitive landscape changes
China unveils its lowest GDP growth target ever at 4.5-5% while doubling down on technology investments. What this shift means for global markets and competition.
US stock futures tumble as Middle East conflict escalates, sending shockwaves through global markets. Analysis of investment implications and sector winners and losers.
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Bitcoin surged 10% this week to breach $72,000, but now approaches a critical $73,750-$74,400 zone that has marked major turning points over the past two years.
While global markets plunged after Iran's missile strike on Israel, South Korean equities bounced back fastest. Here's what this reveals about investor psychology and geopolitical risk pricing.
Centurium Capital, Luckin Coffee's controlling shareholder, acquires Blue Bottle Coffee from Nestle for under $400 million, planning separate operations for both premium coffee brands
US services sector reaches highest level since 2021, yet Middle East conflict threatens to derail the momentum with rising oil prices and supply chain disruptions
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Bitcoin ETFs pulled $1.47B in two weeks, but underlying demand weakens with realized profits down 63%. The disconnect between institutional flows and retail demand grows.
Bitcoin hits its highest level since February's crash, but the crypto rally tells a tale of winners and losers. War fears ease and ETF money flows, but not all boats are rising with this tide.
Spanish PM Pedro Sánchez emerges as Trump's fiercest European critic, challenging the transatlantic relationship and forcing EU leaders to choose between pragmatism and principles.
Vietnam's Vingroup invests in clean energy projects across Denmark, Sweden, and Philippines, targeting 100 GW capacity by 2029 through subsidiary VinEnergo.
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Morgan Stanley lays off 2,500 employees across all divisions as investment banking revenues plummet. Is this the beginning of a broader Wall Street contraction? Analysis of what it means for the financial sector.