Technology stocks dragged the Nasdaq down 1.5%. Losses were led by an 11% slide for Tesla ( TSLA) that sent shares to their lowest close since August 2020. Tesla's tailspin came after Reuters reported ... ( read original story ...)
World shares mostly lower after tech-led fall on Wall Street
Shares were mixed in Asia on Wednesday after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors. BANGKOK (AP) — Shares were mostly lower in Europe ... ( read original story ...)
Pixelworks Backs Q4 Revenue View; Announces Equity Investment In Shanghai Unit
Video processing technology company Pixelworks Inc. (PXLW) Wednesday reaffirmed its previously provided financial guidance for fourth ... ( read original story ...)
China’s financial centers return to growth
According to the report, the total added value of the financial industry in 36 Chinese financial centers reached 5.69 trillion yuan ($816.5 billion) in 2021, accounting for 62.4 percent of the figure ... ( read original story ...)
Tesla plans on running its Shanghai plant at reduced capacity in 2023, fearing an economic slowdown
Tesla’s Shanghai factory employs about 20,000 workers, and is one of Tesla's most important factories. The Shanghai plant accounted for more than half of Tesla's global output in the first three ... ( read original story ...)
Shanghai courts, procuratorates kept busy in 2022
Courts and procuratorates in Shanghai handled a diverse variety of cases in 2022, from those involving minors and the sale of wild animals to theft of cultural artefacts. The following are some of the ... ( read original story ...)
Asian Shares Mostly Lower After Tech-Led Fall on Wall Street
Shares are mostly lower in Asia after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors ... ( read original story ...)