Finance
China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla
Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan.CNBC | Evelyn ChengBEIJING —...
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Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty ImagesDoes your year-end bonus look smaller than expected?Tax withholding is a likely culprit,...
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AI boom fails to propel China’s cloud market growth
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023.Aly Song | ReutersBEIJING...
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Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the...
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‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
The HSBC Holdings Plc headquarters building in Hong Kong, China.Paul Yeung | Bloomberg | Getty ImagesLONDON — Markets have entered...
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Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is due to give a press conference following the bank's latest monetary policy decision.The ECB...
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China’s potential new gaming rules will hit smaller developers more, analyst says
Mobile games in China range from League of Legends-like Honor of Kings toSource: Apple Inc.BEIJING — China's proposed gaming rules...
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Swiss regulator calls for more powers after Credit Suisse collapse
Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland's finance minister,...
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Inflation gives millions new access to investments for the wealthy, says SEC
Morsa Images | Getty ImagesInflation has given millions of people new access to certain investments earmarked for the wealthy —...
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Tesla cut EV prices in China more than BYD did for its flagship Han sedan this year, study finds
BYD's Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy...
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