Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing
The world’s largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size and timeline.
Financial News
Russia plays hardball over a ceasefire deal as U.S. officials head to Moscow
How can Russia evade a ceasefire agreement which the U.S. says will show whether the Kremlin is serious about ending the war against Ukraine.
Moscow wary of ‘jumping the gun’ after the U.S. and Ukraine unite over a ceasefire deal
The Kremlin broke silence on Wednesday, delivering its initial reaction to Kyiv and the White House’s unilateral agreement proposing a temporary ceasefire.
Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will “substantially increase” auto import tariffs next month.
Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.
China’s consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing’s stimulus measures can help to boost the country’s struggling economic recovery.
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.
Trump 2.0 is leaving investors ‘overwhelmed’ — and strategists warn the volatility isn’t over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.
European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive’
The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming “meaningfully less restrictive.”
European Central Bank to make ‘last easy rate cut’ as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.