News

Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers

Chinese augmented reality glasses company Rokid announced it raised 500 million yuan ($70 million) in a funding round led by the government of Hefei city.

JPMorgan Chase is set to report fourth-quarter earnings. Here’s what the Street expects

JPMorgan will be watched closely for clues on how banks fared amid volatile interest rates and rising loan losses.

China posts higher-than-expected exports growth in December

China's exports beat expectations in December, but failed to offset an overall decline for 2023, customs data showed Friday.

Here’s the inflation breakdown for December 2023 — in one chart

The consumer price index rose by 3.4% in December 2023, on an annual basis. That's up from November, but there are reasons for optimism, economists said.

Here's what a bitcoin ETF actually means for investors

The SEC approved the first-ever spot bitcoin ETFs on Wednesday, paving the way to begin trade. Here's what you need to know.

Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry

Shares of Coinbase and Robinhood popped Thursday as traders bet the approval of bitcoin exchange-traded funds in the U.S. would give the companies a boost.

China says the U.S. has 'weaponized' chip export controls

China's Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.

China will make foreign investment easier, vice premier tells foreign executives

Chinese Vice Premier He Lifeng met with global finance executives who make up the securities regulator's international advisory committee, state media said.

Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed

CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.

UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%

Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.

China investors will be asking these 3 questions in 2024

China's investment story has been overshadowed in the last year by longer-term problems and tensions with the U.S.

Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet

Bowman noted the progress made against inflation and said it should continue with short-term rates at their current levels.
1 54 55 56 57 58 128