(CNBC) Shares of payment giant PayPal Holdings rose more than 3% after reports it plans to introduce a stock-trading platform for its US customers. PayPal is expected to partner or…
(National Bureau of Statistics) China’s manufacturing PMI fell to 50.1% in August, shy off the 50-point mark that separates expansion and contraction. The PMI was below expected 50.2 and July’s…
(Canalys) The global electric car sales jumped 160% to 2.6 million in the first half of the year compared to a similar period of last year. Mainland China and Europe’s…
(Blockchain.com) The total volume of cryptocurrencies transacted on Blockchain.com topped $1 trillion in a growing embrace of digital assets. Blockchain.com attributes the growth in transactions to retail trading, with the…
(NAR) Pending home sales in the US plunged 1.8% to an index of 110.7 in July from June and from a year ago, driven by demand falls on record high…
(Bloomberg) American equities recently hit record highs, leaving investors looking for leads from economic data available to provide guidance on future trades. Among the factors to be considered is the…
(Li Auto) Li Auto Inc. reported a total of 17,575 vehicle deliveries in the second quarter, a 166.1% year-over-year jump. Following a robust quarter, Li Auto narrowed net losses to…
(Reuters) Fumio Kishida, a candidate running for Japan’s prime minister position in the next election, has called for an economic stimulus running into tens of trillion yen. Kishida’s proposal includes…
(China Construction Bank) China Construction Bank’s net profit increased 10.92% to RMB154.106 billion in the first half-year of 2021 compared to the same period of last year. CCB’s extended loans…
(WSJ) Baxter International Inc. is close to agreeing on a deal to acquire medical equipment maker Hill-Rom Holdings Inc. for about $10 billion. The newly submitted bid by Baxter values…
(Fed) Fed’s Chair Jerome Powell has reiterated that the uptick in inflation is temporary, reaffirming the central bank’s plan to taper monthly bond purchases later this year. The Fed chair…
(University of Michigan) US Consumer Sentiment Index fell by 13.4% in late August from July as individuals grew concerned about personal financial prospects. On a year over year basis, consumer…