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Financial News Around the World

China has spent at least $230 billion to build its EV industry, new study finds

China spent $230.8 billion over more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies.

Published 21 June 2024
Categorised as Finance News

China talks up support for IPOs. Investors are watching the speed of approval

Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings.

Published 21 June 2024
Categorised as Finance News

How investors can stay protected with emerging market opportunities

BNY’s global head of ETFs warns that investors should account for changing currency levels when investing internationally.

Published 20 June 2024
Categorised as Finance News

Stocks making the biggest moves midday: Gilead Sciences, Accenture, Trump Media, AMD and more

These are the stocks posting the largest moves midday.

Published 20 June 2024
Categorised as Finance News

IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration

The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of the single market.

Published 20 June 2024
Categorised as Finance News

More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer

New York was the first state to launch a consumer rebate program created by the Inflation Reduction Act.

Published 20 June 2024
Categorised as Finance News

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

“Dell is assembling half of the racks that are going into the supercomputer that xAI is building,” Musk said, adding that Super Micro will also be involved.

Published 20 June 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Nvidia, Trump Media, Accenture and more

These are the stocks posting the largest moves in early trading.

Published 20 June 2024
Categorised as Finance News

Bank of England holds rates in ‘finely balanced’ decision; traders up bets on August cut

It keeps the central bank’s key rate at a 16-year high of 5.25%, where it has been held since August 2023.

Published 20 June 2024
Categorised as Finance News

Switzerland makes second interest rate cut as major economies diverge on monetary policy easing

The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of the year.

Published 20 June 2024
Categorised as Finance News

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Recent Posts

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