News

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.

The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.

Cocoa reached hit a record Tuesday as high demand and supply constraints fuel prices higher.

One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the exchange.

Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.

A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks.