This Vietnamese automaker is worth more than Ford and GM. But it hasn't sold many cars
Vietnamese electric vehicle company Vinfast is already more valuable than Ford and GM, based on its stock price, despite just entering the US market. But you may not have even heard of it. Here's what it's all about, and what's been happening with it.
2023-08-18 00:49
Canadian Wildfire Smoke Moves South Again, Posing Risk to New York State
Smoke from Canadian wildfires is threatening air quality from the Midwest to western New York State, triggering warnings
2023-08-17 22:51
China Told State Banks to Escalate Yuan Intervention
Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push
2023-08-17 19:16
China Seeks Sentiment Boost With Strong Yuan Fix, Cash Injection
The People’s Bank of China moved to boost market sentiment with a stronger-than-expected yuan fixing and its largest
2023-08-16 09:59
China’s Economic Woes Bring Silver Lining for Global Investors
China’s lapse into deflation is fueling jitters across financial markets but money managers say it isn’t necessarily a
2023-08-16 08:55
China Cuts Rate by Most Since 2020 as Economic Woes Deepen
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2023-08-15 11:20
China’s Key Bond Yield Slides With Yuan on Surprise Rate Cut
China’s benchmark yield dropped to the lowest in more than three years and the yuan slid, after the
2023-08-15 11:15
PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:57
Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t
2023-08-15 07:48
US Weighs Imposing Long-Term Debt Requirements on More Banks
US regulators will soon propose requiring banks with as little as $100 billion in assets to issue enough
2023-08-15 06:15
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK Basswood Capital, Adage Capital Partners and Paul Tudor Jones' Tudor Investment Corp were
2023-08-15 04:17
Russia rouble: No panic but currency fall will hurt
There's no sense of alarm in Moscow over the exchange rate slide but Russians will be adversely affected.
2023-08-14 23:45