Hong Kong shares fall as traders digest China financial information, await Fed charge verdict
Several Asia-Pacific markets were closed Monday; Aussie, Taiwan stocks higher on hopes that Fed will kick off the rate-cutting cycle with a 50 basis point cut.
Why the European Union’s tariffs on Chinese language automakers could not work
Supporters say EU tariffs on Chinese EVs will offset harm of Chinese subsidies. Critics say they will slow EV adoption and hurt some European carmakers.
Canada and New Zealand are among the many 10 finest nations for a snug retirement—the U.S. did not make the record
U.S. News and World Report ranked the countries based on an international survey of nearly 17,000 people.
India’s EV conundrum: To put money into vehicles or charging factors first
India wants 30% of newly registered private cars to be electric by 2030. But out of around 4.2 million passenger vehicles sold last year, less than 2.5% were EVs, according to Bain & Company.
Nikkei jumps 3%, main Asia-Pacific markets greater
The major benchmarks rebounded from intraday lows after a volatile trading session, as investors parsed through the higher-than-expected consumer prices report.
Asia-Pacific markets open decrease after features on Wall Avenue; Japan and South Korea information in focus
Traders in Asia parsed the Reuters Tankan business sentiment survey from Japan and South Korea unemployment data.
Asia-Pacific markets blended following Wall Road’s rebound from worst week of 2024
Traders in Asia are watching August trade data from China and India. China’s exports and imports are expected to grow by 6.5% year-on-year and 2%, respectively.
World swelters through its hottest summer on record for the second year running
The summer of 2024 was the hottest in history, according to the European Union’s climate monitor.
U.S. financial markets, public companies are a growing target for Russian hackers
Financial markets are a growing target for Russian hackers, as highlighted in the latest episode of CNBC’s “The Crimes of Putin’s Trader” podcast.
Honor looks to get ahead of Apple in China with its own AI assistant
The upgraded AI agent from Honor will look to compete with the likes of Samsung’s Bixby and Apple’s Siri.