Nickel Markets Hit Pause As China Also Suspends Trading After Manic Surge In Prices
Shanghai Futures Exchange, China’s top commodity bourse, has paused nickel trading after prices hit their upper limit, a day after a similar surge prompted the London Metal Exchange to take similar action, Bloomberg News
Alibaba, Tech Peers Drag Hong Kong Shares Down For Fourth Day — What’s Fraying Investor Nerves?
Shares of U.S.-listed Chinese tech companies slumped in Hong Kong on Wednesday and weighed on the benchmark Hang Seng Index, which extended losses to a fourth straight day.
The Weaponization of Money: How SWIFT, Reserve Currency, and Sanctions Are Being Used To Handcuff Russia
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Everything has a cost.
Some are direct - like the price tag on the clothes you buy. Some are hidden - like sleepless nights as a new parent.
Rising Costs, Growing Competition Skewer Shrinking Niu Technologies
Key Takeaways:
Electric scooter maker Niu Technologies’ profit fell 18% in the fourth quarter, squeezed by rising material costs and growing competition
Company forecast revenue growth would slow to 20% to 30% in the first quarter from 47% in the fourth quarter
By Doug Young
Russia Braces For Deep Recession Amid Corporate Exodus
With the Russian ruble sinking to fresh lows and global companies exiting the market, forecasts of a looming collapse of the $1.7 trillion Russian economy have grown since the Kremlin launched its military attacks on Ukraine less than two weeks
Tesla Weathers Industrywide Weakness In China: Breaking Down February EV Sales Performance
Tesla, Inc.'s (NASDAQ: TSLA) China sales momentum remained intact in February, as the electric vehicle manufacturer weathered the industrywide softness fairly well.
Alibaba Strikes Gains Even As Tech Peers Drop In Hong Kong Today – What’s At Play?
Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Tuesday, weighing on the benchmark Hang Seng Index, while Alibaba Group Holding Limited (NYSE: BABA) bucked the trend to jump over 1%.
TuSimple Paves The Way For Its Truck Technology Commercialization
Key Takeaways:
TuSimple announced that co-founder and CTO Hou Xiaodi will take over as the company’s chairman and CEO
Company’s shares lost two-thirds of their value in the two days after the announcement, closing at a post-IPO low
By Doug Young
What’s Causing A Slide In Alibaba, JD And Other Tech Stocks In Hong Kong Today?
Shares of most U.S.-listed Chinese tech companies slid in Hong Kong on Monday, weighing on the benchmark Hang Seng Index, as surging oil prices due to the escalating Russia-Ukraine conflict and a spike in domestic COVID-linked deaths sapped risk appetite.