China's central-bank digital currency is little used, a former official of the People's Bank of China (PBOC) said on Wednesday, financial news outlet Caixin reported. ( read original story ...)
Shanghai urges residents to follow protective measures during upcoming holiday
Shanghai health experts urged local residents to avoid mass gatherings and outings during the upcoming New Year holiday amid the ongoing national upsurge of COVID-19 infections. "Even for those whose ... ( read original story ...)
China Fortune Land sells property units to CR Land in debt restructuring
SHANGHAI: China Fortune Land Development Co has agreed to sell equity interest and debt in four property units worth 12.4 billion yuan (US$1.8 billion) to a unit of China Resources Land Ltd (CR Land), ... ( read original story ...)
Foreign firms optimistic on Chinese stock market next year
Foreign financial institutions have become more bullish about China's stock market performance in 2023 as the signs of the country's economic stabilization become increasingly noticeable amid stimulus ... ( read original story ...)
Musk tells Tesla workers not to be ‘bothered by stock market craziness’
Tesla Inc Chief Executive Elon Musk told employees that they should not be "bothered by stock market craziness" after the company's shares fell nearly 70% this year on jitters over softening demand ... ( read original story ...)
STOCK MARKET NEWS: Southwest slammed, FTX faces new lawsuit, Mega Millions jackpot climbs
Southwest cancels more flights as DOT promises investigation, stocks see more volatility, FTX faces fresh lawsuit, Tesla shares fall on demand concerns. FOX Business is providing real-time updates on ... ( read original story ...)
Here’s why Tesla stock is on track for its worst year and why it could recover in 2023
Elon Musk sold $23 billion worth of Tesla shares to purchase Twitter in 2022, a contributing factor to the stock's record decline. ( read original story ...)