Since artificial intelligence’s (AI) burst in popularity early last year, investors have been captivated by the potential for AI stocks to go parabolic. Take SoundHound […]
Category: Business
Agricultural Bank of China, China Construction Bank, BOC and Postal Savings Bank of China post earnings growth amid ‘positive signs of recovery’ in economy
“In 2024, we will adhere to the general principle of pursuing progress while maintaining stability, and will act as a major bank serving the real […]
Xiaomi surprises with lower-than-expected pricing on new EVs, in new challenge to Tesla
Chinese smartphone giant Xiaomi on Thursday launched its much-awaited first electric vehicle (EV) – the SU7, short for Speed Ultra – at a venue in […]
Can I Use My RMDs to Transfer Money Into My Roth IRA?
If you’re taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don’t need the money to cover living expenses, where should […]
Billionaire Bill Ackman Has 70% of His $10 Billion Portfolio in Just 4 Stocks
For individual investors, it can pay to follow what the professionals are doing. Specifically, if you are a buy-and-hold investor you can find ideas from […]
‘I’m too young to retire’: What forced these workers to retire before they were ready
Layoffs, health scares and family needs are forcing some into retirement before they’re ready. Randy Seacat expected to retire at 75 if he retired at […]
China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit
United States Treasury Secretary Janet Yellen is expected to consult American companies on China’s industrial overcapacity, particularly in solar power and electric vehicles (EVs), at […]
Alibaba-controlled hypermarket operator Sun Art appoints new CEO amid restructuring and rising competition
Sun Art Retail Group, controlled by Alibaba Group Holding, has appointed a new chief executive as the e-commerce giant continues to consolidate its retail assets […]
BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability
BYD, the world’s largest electric-vehicle (EV) maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, […]
3 Dividend Stocks That Are Likely to Raise Their Payouts in April
Dividend growth stocks often follow predictable patterns of when their next increases will take place. As long as their financials remain strong and there’s room […]
GM will be executing on its EV ambitions in 2024, says CEO Mary Barra
Decades of climbing the ladder while challenging conventional thinking has brought Mary Barra to the present — the year of delivering on ambitious EV goals […]
Hong Kong Monetary Authority calls on lenders to provide ‘sympathetic’ credit relief to SMEs, never call loans early
The Hong Kong Monetary Authority (HKMA) on Thursday announced a set of measures designed to support small and medium-sized enterprises (SMEs), offering them reassurance about […]