Posts with tag: innovation
HSBC scraps 2030 net-zero target, citing slow real economy shift. The bank now aims for a 40% emissions reduction by 2030 and net-zero by mid-century. The move comes amidst concerns that the banking sector is backtracking on climate commitments.
Published on: February 19, 2025, 10:00 AM UTC
Global hedge funds buy Chinese stocks amid US-China trade tensions, seeing potential profits from geopolitical developments.
Published on: February 19, 2025, 10:00 AM UTC
MTU Aero Engines boosts 2025 revenue guidance on weaker euro; anticipates revenue within the revised range of €8.7B to €8.9B, impacted by exchange rate assumptions.
Published on: February 19, 2025, 08:01 AM UTC
China is likely to maintain steady lending rates, as policymakers balance financial stability with growth amid trade tensions and a recent surge in bank lending.
Published on: February 19, 2025, 08:00 AM UTC
US stock futures traded mixed after the S&P 500 set a fresh record high on Tuesday. Futures tied to the S&P 500 (ES=F) and Dow Jones (YM=F) edged up 0.01%, while Nasdaq (NQ=F) futures climbed 0.2%.
Published on: February 19, 2025, 07:01 AM UTC
Super Micro Computer stock surged 16% on Tuesday, leading the S&P 500 with an 83% YTD gain. The company's bullish outlook and excitement for Nvidia's Blackwell GPU are driving investor interest.
Published on: February 19, 2025, 07:01 AM UTC
Chinese investment into North America saw a sharp decline in late 2024 due to US hurdles, with new investments dropping 90% to $191 million. The US has become more hostile for Chinese companies, leading to a focus on basic materials, metals, and minerals projects, as well as renewable energy investments. Despite a 10% overall decline in new investments, completed projects reached a high of $58 billion, driven by increased spending in the energy sector.
Published on: February 19, 2025, 06:00 AM UTC
Chinese investment in North America fell in late 2024 due to US hurdles and a wait-and-see stance before the Trump election. Despite an overall 10% decline, investment in renewable energy and energy sectors surged. However, transaction-level data raises questions about the accuracy of official outbound investment figures, suggesting a potential mismatch between firm-level data and national statistics.
Published on: February 19, 2025, 05:00 AM UTC
US stock futures inch up after S&P 500 hits fresh record in late rally. Futures attached to the S&P 500 (ES=F) and Dow Jones (YM=F) inched up .01%, while Nasdaq (NQ=F) futures moved up 0.2%.
Published on: February 19, 2025, 04:01 AM UTC
Asian stocks tumble as a five-day rally pushes a regional gauge into overbought territory, with investors cautious amid escalating trade tensions and geopolitical uncertainty.
Published on: February 19, 2025, 04:01 AM UTC