News

Fireworks cause $59 million of property damage a year. Your insurance policy may cover it

Homeowners and renters insurance generally cover fireworks-related claims for property damage or injury. But there are exceptions.

China’s Xi says countries share responsibility to promote growth, opposes decoupling

Chinese President Xi Jinping said Beijing opposes "decoupling and breaking links," according to a CNBC translation of a Chinese-language state media readout.

HDFC Bank director says Indian mega merger won't face 'insurmountable challenges'

The merger between India's HDFC Bank and HDFC will provide more opportunities for cross-selling, according to HDFC Bank's non-executive director. 

Before Apple's Vision Pro hits the shelves, lower-priced rival Xreal claims it's near 200k shipments

Less than a year since augmented reality glasses startup Xreal started sales, the Alibaba-backed company claims shipments will soon reach 200,000 units.

BYD launches its most direct Tesla competitor yet

BYD's Denza brand revealed Monday its new N7 electric SUV comes with features and a price that rival Tesla's Model Y.

OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

The bank sees longer term opportunities in the region, nothing that trade links between China and the ASEAN region has a CAGR of about 13%.

Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more

These are the stocks posting the largest moves in midday trading.

Stocks making the biggest moves in the premarket: Tesla, Apple, AstraZeneca and more

These are the stocks posting the largest moves in premarket trading.

China's central bank gets a new party secretary

In China, the party secretary of an institution typically holds the most sway.

100 million Squishmallows sold in a year — How the toy sensation joined Warren Buffett's conglomerate

Plush toy phenomenon Squishmallows are now a part of Warren Buffett's conglomerate.

WisdomTree takes new crack at Bitcoin ETF despite prior rejections. Why this time may be different

WisdomTree wants the SEC to approve a spot bitcoin ETF after success in Europe.

JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test

Big banks are planning to increase their quarterly dividend payouts after clearing the annual Federal Reserve stress test earlier this week.
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