Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People’s Bank…
Read more Chinese finance minister hints at increasing the deficit at highly anticipated briefingBillionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese stocks. “I thought that what the Fed did…
Read more David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to ChinaPictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s retail sales, industrial production and urban investment in…
Read more China’s retail sales and industrial data miss expectations in AugustChuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants…
Read more Rich Chinese travelers are flocking to Tokyo to take advantage of the weak yenThe Third Plenum, set for July 15-18, is one of the most important political meetings of the Chinese Communist Party. Bloomberg | Bloomberg | Getty Images BEIJING —…
Read more China gears up for next week’s Third Plenum meeting. Here’s why real estate isn’t likely the main focusA worker rides a bicycle past a housing complex under construction in Beijing on May 17, 2024. Jade Gao | Afp | Getty Images BEIJING — The International…
Read more IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measuresA real estate construction site in Wanxiang City, Huai ‘an City, East China’s Jiangsu province, May 17, 2024. Future Publishing | Future Publishing | Getty Images BEIJING —…
Read more China’s sweeping measures to prop up the property sector will need time to show resultsCheck out the companies making headlines after the bell : Boot Barn — The western apparel and footwear stock slid 7% after issuing light revenue and earnings guidance…
Read more Stocks making the biggest moves after hours: Boot Barn, Nextracker, dLocal and moreInvestment analysts are coalescing around a few potential winners in China’s car market after a 10-day auto show in Beijing put the ferocious competition on full display. The…
Read more Autos analysts pick who can survive China’s cut-throat EV marketHigh-rise buildings are illuminated at night in the West Coast New Area of Qingdao, East China’s Shandong province, on March 22, 2024. Nurphoto | Nurphoto | Getty Images…
Read more KKR says China’s real estate correction may only be halfway doneA soldier in front of the Great Hall of the People on March 11, 2024, the closing day of the National People’s Congress in Beijing, China. Yin Hon…
Read more China’s annual parliamentary meeting has ended. Here are the key takeawaysChina’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to prop up consumer prices. Bloomberg | Bloomberg…
Read more China’s central bank governor says there’s room to cut banks’ reserve requirementsA Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th…
Read more China breaks with tradition at annual ‘Two Sessions’ meeting by scrapping premier’s press conferenceChinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC’s Emily Tan in an…
Read more After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Demand for new housing…
Read more IMF expects new housing demand in China to drop by around 50% in the next decadeCheck out the companies making headlines after the bell . Amazon — Shares gained nearly 10% after the e-commerce giant reported fourth-quarter results that exceeded analysts’ expectations .…
Read more Stocks making the biggest moves after hours: Meta, Amazon, Apple, Skechers and moreThe front seats of the Aito M9 SUV can be adjusted to create reclining chairs for the second row. Passengers can watch a movie on the roll-down projector…
Read more China’s EV players ramp up competition with Tesla using new techCheck out the companies making headlines in midday trading. EchoStar — EchoStar announced a corporate reorganization one week after closing its merger with Dish Network, including retaining Houlihan…
Read more Stocks making the biggest moves midday: Amazon, Lennar, GoodRX, Gilead Sciences & moreSignage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a…
Read more Alibaba was once a Wall Street darling. After plunging 75% over three years, what's next?BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal…
Read more BYD is set to beat Tesla for a second straight year after producing more than 3 million cars in 2023
