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Tesla's China-made EV sales fell 11.5% in January, while rival BYD surged 47.5% year-over-year despite a monthly decline.
Published on: February 07, 2025, 10:00 AM UTC
MediaTek, Taiwan's top chip design company, has been simulating the potential impact of US tariffs but believes it will be "manageable" this year.
Published on: February 07, 2025, 10:00 AM UTC
Taiwan's exports rose 4.4% in January, beating expectations, due to AI demand and companies placing orders before Trump's tariffs.
Published on: February 07, 2025, 10:00 AM UTC
Global equity funds see second weekly outflow as US-China trade tensions bite, investors buy bonds instead.
Published on: February 07, 2025, 10:00 AM UTC
European stocks and US equity futures are steady before the release of the highly anticipated US jobs data, which will give insights into the path ahead for interest rates.
Published on: February 07, 2025, 09:03 AM UTC
January's jobs report is expected to show hiring slowed to start 2025 while the unemployment rate remained flat at 4.1%. Economists expect non-farm payrolls to have risen by 170,000, below December's 256,000 gain. Despite the slowdown, the labor market remains strong with job openings still high and layoffs low.
Published on: February 07, 2025, 09:02 AM UTC
Wall Street sells $5.5 billion in debt tied to Elon Musk's Twitter buyout, signaling growing confidence in Musk and X, the social media platform's new name.
Published on: February 07, 2025, 09:02 AM UTC
US stock futures inch lower as Amazon joins other Big Tech companies with disappointing AI-focused projections for next year. Dow Jones Industrial Average futures (YM=F) hovered around the flatline, while S&P 500 (ES=F) and Nasdaq (NQ=F) futures inched 0.1% lower.
Published on: February 07, 2025, 09:01 AM UTC
Norinchukin Bank increases investments in risky loans and seeks additional capital after wrong-way bets on low-yielding foreign bonds lead to wider losses.
Published on: February 07, 2025, 09:01 AM UTC
Online fast-fashion retailer Shein is cutting its valuation for a London listing to $50 billion due to headwinds, including a recent US duty exemption removal. This valuation is below the company's 2023 fundraising value of $66 billion.
Published on: February 07, 2025, 09:00 AM UTC