US climate envoy John Kerry (L) gestures as he speaks next to China’s special climate envoy Xie Zhenhua (R) during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | Afp | Getty Images BEIJING — John Kerry, special presidential envoy for climate, is set to visit
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New Chinese laws on espionage and foreign relations took effect on July 1. Vcg | Visual China Group | Getty Images BEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. National security is a growing priority for the country. Two new laws, one on espionage and
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. The People’s Bank
Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas’ ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). “What I like about [CHAT] is that
In this article META DKNG FSLR BABA Follow your favorite stocksCREATE FREE ACCOUNT A Rivian logo on an Amazon.com delivery electric van photographed in Chicago, Illinois, on July 21, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alibaba — U.S. shares of the Chinese company
JAKARTA, INDONESIA – JANUARY 2: Citizens are seen crossing the street during rush hour in Jakarta, Indonesia on January 2, 2023. Firdaus Wajidi | Anadolu Agency | Getty Images Southeast Asia’s initial public offering market is showing promising signs despite a global IPO slowdown in the first half of 2023, according to a new Deloitte
Almost all Federal Reserve officials at their June meeting indicated further policy tightening is likely, if at a slower pace than the rapid-fire rate increases that had characterized monetary policy since early 2022, according to minutes released Wednesday. Policymakers decided against a rate increase amid concerns over economic growth, even though most members think further
Chinese President Xi Jinping waves after his speech as the new Politburo Standing Committee members meet the media following the 20th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing, China October 23, 2022. Tingshu Wang | Reuters BEIJING — Chinese President Xi Jinping said Tuesday that
In this article ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT BYD Vice President Yang Dongsheng speaks at a launch event for the Denza N7 electric SUV on July 3, 2023, in Beijing. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car giant BYD is launching a new electric SUV, its most direct competitor
Pan Gongsheng was named party secretary of the People’s Bank of China on July 1, 2023. Vcg | Visual China Group | Getty Images BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would become the central bank’s party secretary. In a country ruled by
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT WisdomTree is attempting to launch a spot bitcoin exchange-traded fund even though its peers have failed. The firm filed with the U.S. Securities and Exchange Commission last week, making it its second bitcoin ETF application after an initial rejection two years ago. However, WisdomTree’s Jeremy
Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023. CNBC Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan to raise their quarterly dividends after clearing the Federal Reserve’s annual stress test. JPMorgan plans to boost its payout to $1.05 a share from $1 a