U.S. And China Emissions Caused $1.8 Trillion Each In Worldwide Economic Damages Over 25 Years, Study Estimates

Topline Greenhouse gas emissions in the United States and China from 1990 to 2014 caused a combined $3.6 trillion in economic damages around the world, according to a study published Tuesday by resear...

U.S. Heartland China Association Gets Foundation Grant

Henry Luce, the China-born editor-in-chief of Time, Inc., in 1956. The publication has changed … [+] hands more than once since. (AP Photo) Copyright 1956 AP. All rights reserved. This material ...

U.S. emissions caused $1.8 trillion in global economic losses: study

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greate...

The toughest challenges for cryptocurrency lie ahead

More than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in cryptocurrencies, revealed a study. Srdjanpav | E+ | Getty Images With more than $1 trillion ...

China to Repay Bank Scam Victims After Protests Turn Violent

(Bloomberg) — Chinese authorities will start repaying most of the victims in the nation’s biggest bank scam after hundreds of angry customers took to the streets again over the weekend to ratche...

BYD Stock Is Sinking. Warren Buffett May Be One Reason Why.

Text size BYD is a major manufacturer of electric vehicles. Qilai Shen/Bloomberg Shares in BYD sank on Tuesday amid speculation that high-profile investor Warren Buffett’s Berkshire Hathaway was selli...

Dow Jones Futures: Market Rally Runs Into China Wall; Tesla, Twitter Tumble On This

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally fell back from key resistance Monday amid inflation and recession concerns heading ...

Nvidia Stock Gets a Price Target Cut. Russia and China Will Hurt Sales.

Text size Nvidia has said that Covid-19 lockdowns in China, plus the suspension of sales in Russia, will reduce its second-quarter revenue by $500 million. Justin Sullivan/Getty Images Shares of Nvidi...

Alibaba Stock Is Tumbling. Chinese Tech Has a New Headache.

Text size After a brutal 2021, Alibaba shares have been outperforming in 2022. Greg Baker/AFP via Getty Images Alibaba stock and other Chinese tech shares were tumbling on Monday as amid fresh fines f...

1 In 10 Chance Of Casualties From Out-Of-Control Rockets Falling To Earth Over Next Decade, Study Finds

Topline There is a 10% chance of uncontrolled rocket parts returning to Earth causing one or more casualties over the next decade, according to a paper published Monday in Nature Astronomy, underscori...

Foreigners Freak Out About COVID Outbreak

China Last Night KraneShares Key News Asian equities were largely lower though Japan outperformed while several countries were off for Eid al-Adha, which is the most important holiday celebrated in Is...

India on course to overtake China as world’s most populous country: UN

People photographed in Bengaluru, Karnataka, India. According to the UN, India is home to over 1.4 billion people. Peter Adams | Stone | Getty Images India is on track to overtake China as the planet&...

NIO stock gains as China offers tax breaks for new EV owners

Over the past weekend, China introduced new Covid-19 restrictions, which had a negative effect on electric vehicle (EV) makers’ stocks on Monday. NIO Inc.’s stock (NYSE: NIO) slid 3.2%, Xpeng Inc. sha...

Fed Up With China, One Boss Tries Removing It From the Supply Chain

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Tencent, Alibaba and Didi fined by China antitrust watchdog for unreported merger deals as early as 2011

China’s antitrust watchdog on Sunday announced it had punished Tencent Holdings, Alibaba Group Holding and Didi Global, among others, for failing to report past merger deals for anti-monopoly re...

Shanghai’s Qiming Venture Partners Raises $3.2 Billion Of New Funds

Nisa Leung, managing partner at Qiming Ventures Partners, is one of two members from the firm to … [+] make the 2022 Forbes Midas List. Photographer: Anthony Kwan/Bloomberg © 2019 Bloomberg Fina...

EV Makers Are Gaining Ground On Tesla As China Threat Looms

The Cadillac Lyriq will be chasing Tesla sales.(Photo by Chen Dongqiu/VCG via Getty Images) VCG via Getty Images TeslaTSLA sales forecasts may look bad, but the future is positive. Though the electric...

China Tech Stocks Fall After Beijing Fines Alibaba, Tencent

By Yifan Wang Shares of Chinese tech giants fell in Hong Kong on Monday, after Beijing fined some of the country’s largest internet companies for failing to make proper antitrust declarations on...

China Tech Stocks Sink as Alibaba, Tencent Suffer Fresh Fines

(Bloomberg) — Chinese tech stocks fell sharply Monday, weighed by a selloff in Alibaba Group Holding Ltd. and Tencent Holdings Ltd. after the two firms received a regulatory fine on past transac...

Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars

Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic player...

Why Is The U.S. Sending Its Emergency Oil Reserves To China?

U.S. SPR release were exported to Europe and Asia last month, including top US geopolitical nemesis in the global arena, China, even as U.S. gasoline and diesel prices hit record highs. The export of ...

Ford Q2 China sales were worst since Covid pandemic began

Visitors walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images DETROIT — Ford Motor joined its crosstown rival General Motors in repo...

‘Top Gun 2’ And ‘Jurassic World 3’ Should End Hollywood’s Problematic Addiction To China

‘Top Gun: Maverick,’ ‘Jurassic World Dominion’ and ‘Doctor Strange in the Multiverse of Madness’ Paramount, Universal and Disney Top Gun: Maverick, Doctor Strange i...

Alibaba HK Above 200-Day Moving Average For 1st Time Since February 2021, Week In Review

China Last Night KraneShares Week in Review Asian equities were mixed this week as some markets rebounded such as South Korea and a handful of internet stocks, especially Alibaba, continued their rebo...

How China And The U.S. Can Avoid A Financial Cold War

NEW YORK, NY – AUGUST 11: A leftover fallout shelter sign, one of hundreds in New York, is … [+] displayed on a building on August 11, 2017 in New York City. The signs signifying a protect...

Chinese EV Billionaire Shrugs Off Lockdown Pain To Add $7 Billion Fortune

Chinese electric car maker BYD is not only surviving the disruptions caused by the country’s Covid lockdowns, but the company appears to be thriving like never before. BYD’s stock has jumped just over...

Tone-Deaf China Tariff Strategy May Be Ended By President Biden

null Getty In retail America, consumers have no patience for price increases. Politically, however, consumers generally will not blame retailers for price hikes. Interesting as it may seem, shoppers a...

ETFs come to China with a vengeance

Hong Kong, a British colony from the 1840s to 1997, grew into an international finance center just off the coast of mainland China. A stock connect launched in 2014, followed by other systems linking ...

Wayfair and Overstock Could Soar if Biden Cuts Tariffs on Imports From China

Text size About half of Wayfair and Overstock’s vendors are based in China. Gabby Jones/Bloomberg A reduction of tariffs on goods from China would likely significantly boost the bottom lines for...

EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong

Li Shufu, chairman of Zhejiang Geely Holding Group Co., in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, a China automaker controlled by billionaire L...

Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong

Soho China CEO Zhang Xin, second from right, chats with guests at her newly opened Galaxy Soho … [+] building in Beijing in 2012. Galaxy Soho, a new office, retail and entertainment building, wa...

EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem

China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...