Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…
financial
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsUSWorld News
Stocks fall after data showing a cooling economy
U.S. stocks were falling on Wednesday as investors studied data that showed the economy was cooling. At 12:56 ET (17:56 GMT), the Dow Jones Industrial Average was down 429 points or 1.3%,…
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUS
Wall St sinks after weak data, hawkish Fed comments
The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month, after weak economic data fueled recession worries while hawkish comments from Federal…
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EconomyEuropeFeaturedfinancialfortofolioGlobal NewsInvestmentNews
European stocks lower on recession fears; Boohoo slumps
European stock markets fell Thursday, following the weaker global sentiment as investors fretted about the possibility of a recession this year. At 04:10 ET (09:10 GMT), the DAX index in Germany traded…
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsUS
Market pressures add to US active mutual fund woes
by station3by station3The vehicles suffered outflows of $879bn in the 11 months to the end of November Receive free Exchange traded funds updates We’ll send you a myFT Daily Digest email rounding up the…
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BusinessEconomyEntertainmentFeaturedfinancialGlobal NewsInvestmentNews
Self-proclaimed Twitter investor mocks Elon Musk by offering to buy the company at a $30 billion discount
by Leon Hussainby Leon HussainA self-proclaimed Twitter investor mocked Elon Musk, the platform’s new owner, by offering to buy the company for $30 billion less than what Musk paid for it in October. Leonidas Raisini said in…
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With the new year upon us, it’s a good time to reevaluate your investments — what’s working, what’s not, and where you can invest your money to better save and…
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AsiaChinaEconomyEuropeFeaturedGlobal NewsInvestmentNewsPoliticsWorld News
European investors give China the cold shoulder
Following street protests in late November, Chinese authorities dismantled most lockdown and testing restrictions, and from this month visitors to China will no longer need to endure arduous quarantines. It…
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FeaturedfinancialGlobal NewsIndonesiaInvestmentWorld News
Investment firm for biodiversity launches in Indonesia
by Michael Loweby Michael LoweTerratai aims to address a gap in the conservation finance ecosystem in Asia. Backed by Hong Kong-based RS Group, it is being led by former Wildlife Conservation Society executive Matthew Leggett.…
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BusinessEconomyEgyptFeaturedfinancialGlobal NewsInvestmentMiddle EastNews
Attracting foreign investment is Egypt’s top priority, says PM
Egyptian Prime Minister Mostafa Madbouly on Wednesday reviewed measures to boost investment opportunities in various economic sectors and stressed the need for concerted efforts to create an environment conducive to…