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Trump Announces 25% Tariff On Auto Imports, Chips And Pharmaceuticals, Shaking Global Trade: Nvidia, Apple, TSMC And Others In Focus
Wednesday, February 19, 2025 - 3:22am | 713U.S. President Donald Trump has announced his intention to impose a 25% tariff on auto imports, alongside chips and pharmaceuticals, causing a stir in international trade. What Happened: Trump disclosed on Tuesday his plan to implement auto tariffs “in the neighborhood of 25%”....
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Why Alibaba, Nio, Baidu And Other Chinese Stocks Are Trading Lower In Premarket Today
Tuesday, August 20, 2024 - 5:30am | 439In a recent development, major Chinese stocks including Alibaba Group Holdings (NYSE:BABA), NIO Inc. (NYSE:NIO), and Li Auto (NASDAQ:LI) have seen a decline in premarket trading on Tuesday. What Happened: In Tuesday’s premarket, Alibaba’s shares were trading 1.78% lower, while its rival...
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Hope Rises For China's Stock Market As Global Investors Expect Market Recovery
Tuesday, March 19, 2024 - 1:39am | 783Two international funds that have been cautious about Chinese equities have turned bullish, citing attractive valuations and improving earnings. This shift in sentiment could signal a broader recovery in investor confidence in the Chinese stock market. What Happened: Norway’s Skagen AS and...
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Nvidia's $1.7 Trillion Market Cap Surpasses Entire Chinese Stock Market: Investment Strategist
Saturday, February 10, 2024 - 3:14am | 488Nvidia Corporation (NASDAQ:NVDA) has reached a market valuation that equals the entire Chinese stock market, a first in history. What Happened: The market cap of Nvidia, a leading chipmaker, has surged by $600 billion in the last two months, reaching $1.7 trillion, according to a recent research...
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China's Stock Market Hit With Massive 87% Drop In Foreign Investment Amid Fears Of Slow Economic Growth, Says Report
Friday, December 29, 2023 - 7:11am | 696China’s stock market recorded a staggering 87% fall in foreign investment in 2023, casting doubts on Beijing’s promise of rejuvenating the slow-paced growth. What Happened: A recent report from the Financial Times on Thursday reveals a sharp plunge in net foreign investment in China-...