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Tag: banking

Posted on 14/05/2025

Stock market today: Dow jumps 1,100 points, S&P 500 and Nasdaq surge after US-China tariff rollback triggers buying spree

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched ... ( read original story ...)

Posted on 14/05/2025

Principal Financial says U.S.-China trade deal curbs recession risks

U.S. and China have agreed to temporarily scale back tariffs on each other's exports which Principal Financial Group says should lower recession forecasts. ( read original story ...)

Posted on 13/05/2025

China owns THIS much stake in Pakistan Stock Exchange, data reveals amid US-China deal

Data reveals how China acquired a 40% stake in the Pakistan Stock Exchange, followed by 25% in the Dhaka Stock Exchange amid the ongoing geopolitical uncertainties. ( read original story ...)

Posted on 13/05/2025

China’s CATL to raise at least $4 billion in Hong Kong listing

Chinese battery manufacturer CATL aims to raise at least HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday, the largest listing globally so far in ... ( read original story ...)

Posted on 13/05/2025

U.S.-China Tariff Pause: Why Tesla’s Stock Is Soaring Today

Shares of the electric car maker Tesla (NASDAQ: TSLA) traded nearly 6.5% higher, as of 10:14 a.m. ET today. Over the weekend, the U.S. and China announced an agreement to pause most reciprocal tariffs ... ( read original story ...)

Posted on 12/05/2025

Sany to invest $1.5bn in overseas sales drive after IPO

Chinese equipment maker Sany Heavy Industry intends to use the proceeds from an initial public offering (IPO) to fund an ambitious overseas expansion, South China Morning Post reports. ( read original story ...)

Posted on 12/05/2025

Stock market futures soar after U.S. and China suspend tariffs for 90 days

Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war. ( read original story ...)

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