News

Shares of Xiaomi surged 15% when the Hong Kong market opened Tuesday, the first trading day since the company launched its SU7 electric car ahead of the Easter holiday.

Firms should offer ETF products because investor demand is not slowing down, according to one Goldman Sachs ETF expert.

The Fed may have new incentives in the second quarter to cut rates deeper this year.

Investors should have at least 1% to 3% allocated to bitcoin in their portfolios, Morgan Creek Capital Management CEO Mark Yusko says.

Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings.

Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.

UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.

China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.

Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.

Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race. 

The Financial Conduct Authority said marketing for financial products — including those expressed in memes — should be fair, clear, and not misleading.

U.S. business leaders met with Chinese President Xi Jinping, the latest of Beijing's efforts to bolster foreign investment in China amid tensions with the U.S.