Latest in China’s Chery bets on continuing petrol car demand as it enters UK market
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EU sticks to 2035 deadline for ban on sale of new petrol-driven cars
Remarks prepared for incoming climate commissioner defend controversial measureWorld - Financial Times - October 16 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and GermanyBusiness - MarketWatch - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at homeWorld - Financial Times - October 29 -
Chinese Car Sales Rise Sharply on Subsidies, Robust Demand
The National Day holiday in early October, combined with a rally in Chinese equity markets, may have also supported consumer sentiment.Business - The Wall Street Journal - Yesterday -
Four reasons the bull market for stocks can continue
Also: Apple and more Big Tech earnings, bond ETFs and some easy Medicare savings.Business - MarketWatch - November 2 -
UK Budget spooks bond markets
UK borrowing costs hit the highest level this year after Budget announcements sink inWorld - Financial Times - November 1 -
SK Hynix Profit Momentum Continues on AI-Chip Demand
SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.Tech - The Wall Street Journal - October 23 -
China’s Stock Markets Rebound on Promises to Help Businesses
Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.Business - The New York Times - October 14 -
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Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - Yesterday -
Take political betting markets literally, not seriously
Or is it the other way around?World - Financial Times - October 21 -
Betting Markets Favor Trump. But Their Record of Accuracy Is Mixed.
Proponents believe that having real money on the line, and a large crowd of investors, encourages a more accurate election forecast than polling data can provide.Top stories - The New York Times - October 25 -
Election Betting Markets See Vindication in Trump Victory
Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a tight race.Business - The New York Times - 3 days ago -
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Norway shows just how China has advanced in cars
Brands such as MG, BYD and Xpeng are making big inroads into country’s auto market, competing on quality as well as priceWorld - Financial Times - 4 days ago -
IAG Earnings Soar Above Market Views on Strong Demand
The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.Business - The Wall Street Journal - Yesterday -
UK ministers pledge crackdown on rising car insurance costs
Watchdogs, industry and consumer groups instructed to join taskforce as part of push to tackle ‘spiralling’ pricesBusiness - Financial Times - October 15 -
Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - October 25 -
Santander delays full UK results as it weighs impact of car finance ruling
Profits drop in British business as one of Spanish bank’s biggest markets emerges as a trouble spotBusiness - Financial Times - October 29 -
ASML results could provide insight into AI, China demand
ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, is on Wednesday due to report results that could provide some insight ...Business - MarketWatch - October 15 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
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China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say
The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.Business - The New York Times - October 15 -
Don’t bet on a taxing outcome for UK gambling companies
Fears that money would flow from the regulated sector has long deterred action against the industryBusiness - Financial Times - October 14 -
Premier Inn owner hit by falling demand for UK budget hotels
Whitbread profits slip as data suggests travellers are trading up to more expensive optionsWorld - Financial Times - October 16 -
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak consumer spending and a housing market crash.Business - The New York Times - October 18 -
China rivalry will continue 'into the next decade,' U.S. ambassador tells NBC News
The United States will judge China “on its actions, not just its words,” U.S. Ambassador to China Nicholas Burns said, as the two rivals try to improve ties.Top stories - NBC News - October 24 -
ASEAN continues to emerge as a winner of U.S.-China trade tensions, IMF says
Southeast Asia has continued to emerge as an economic winner of increasing geopolitical tensions between China and the United States, according to the IMF.Business - CNBC - November 1 -
The bull market is entering its 3rd year. Here’s what history says will happen next.
U.S. stocks were kicking off their third year in the bull market with the S&P 500 scoring a fresh record on Monday — but history suggests investors need to be prepared for a potential setback in ...Business - MarketWatch - October 14 -
Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.
The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.Business - MarketWatch - October 30 -
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesWorld - Financial Times - October 15 -
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...Business - MarketWatch - October 16 -
China pledges more financial support for 'whitelist' real estate projects
Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference on Thursday.Business - CNBC - October 17
