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News 2026-09-29 16:04 UTC
Shares of NIO Inc. — ADR (NYSE: NIO ) are trading lower Tuesday, hitting a new 52-week low as investor concern over equity dilution in its battery-swapping subsidiary offsets recent strong delivery metrics and a major strategic infrastructure partnership. Here’s what investors need to know. NIO stock is testing key sup
News 2026-09-28 04:01 UTC
Benchmark three-month copper on the LME fell 1.06% to $14,467.50 a metric ton. SHFE copper dropped 0.72% to 109,420 yuan.
News 2026-09-24 07:25 UTC
(Adds details and background from para 2) Sept 24 (Reuters) — Chinese AI startup DeepSeek’s annualised revenue run rate has hit $1 billion, more than double from a few months ago, the Information reported on Thursday, citing two people with direct knowledge of the matter. Run-rate revenue shows how much a company would
News 2026-09-22 04:08 UTC
China's yuan climbed to a 3-1/2-year high against the dollar on Tuesday after the central bank set a firmer daily fixing for the 10th straight session, the longest streak since late 2023. Investors are awaiting a meeting between the leaders of the world's two largest economies later this week.
News 2026-09-21 20:32 UTC
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
News 2026-09-21 03:52 UTC
China's yuan strengthened to its highest level in over three and a half years against the US dollar on Monday, reaching 6.6957 per dollar, as the central bank appeared to ease its efforts to curb appreciation ahead of a summit between Chinese and US leaders.
News 2026-09-18 04:43 UTC
The Chinese Yuan touched 6.69 against the USD, the highest since July 2022. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.55%, and in the last 12 months, it decreased 5.92%.
News 2026-09-18 04:35 UTC
China Presses Iran To Help Rein In Houthis After Saudi Appeal - Pakistan Army Chief Urges Iran To Restrain Houthis - Trump Administration Approves $24B Sale Of F-35 Jets To Saudi - RBA s Bullock Warns Inflation Risks Are Materialising - BoJ Hikes Rates At Fastest Pace Since 1990 As Inflation Persists - Yen Drops Agains
News 2026-09-18 03:47 UTC
SHANGHAI, Sept 18 (Reuters) — China’s offshore yuan on Friday hit the strongest level against the dollar in four years, as traders bet this week’s US rate hike has not derailed the yuan’s appreciation cycle. In the onshore market, the yuan strengthened about 0.15% and is on track for its third straight weekly gain, as
News 2026-08-19 07:07 UTC
Unitree Robotics jumps 629% from its IPO price in its Shanghai debut, briefly valuing the humanoid robot maker at 445 billion yuan ($66 billion).
News 2026-07-10 08:18 UTC
() -- China's yuan rose to a two-week high of 6.7758 against the US dollar in the early Tokyo session on Friday, helped by a stronger PBoC reference rate and a softer greenback. "The CNY has been one of the top performers so far in 2026. With upside risks increasingly reflected in current valuations, we are narrowing a
News 2026-07-02 14:07 UTC
Yiren Digital Ltd. (NYSE: YRD ) stock rose on Thursday after the company announced a new share repurchase program. Yiren Digital Authorizes Buyback The board authorized Yiren Digital to repurchase up to 10% of its total issued and outstanding ordinary shares and/or American depositary shares for up to $20 million over
News 2026-06-19 13:00 UTC
Shanghai Disneyland hit 100 million cumulative visitors in 2025, according to the company. It's a relatively new but important foothold in Disney's more than 100-year history. Former CEO Bob Iger flew in to celebrate the park's 10th anniversary. Shanghai Disneyland fits into a broader global expansion plan for the comp