Plunging Solar Stocks Fly in Face of Booming Panel Demand
In many ways the solar power industry has never been better, as the race to slow the pace of global warming drives demand for panels to a record high.
Bloomberg Business
Stocks Still Okay, But Expect Setback: Deutsche Bank CIO
“For the second half of this year, I would say Equities are still okay, but I would expect a setback.” Christian Nolting, global chief investment officer at Deutsche Bank, discusses US markets, discusses his investment strategy and where he’s finding opportunity. He speaks on Bloomberg Television.
China Stimulus Calls Mount From State Media, Top Advisers
Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top government advisers.
China Extends Tax Breaks for New Energy Vehicles Until 2027
China extended tax breaks for consumers buying clean cars through 2027, estimated to be worth 520 billion yuan ($72.3 billion) in the coming four years, in an effort to bolster its flagging electric-vehicle industry.
Toyota Gives Its Luxury Alphard and Vellfire Models a New Look
Toyota Motor Corp. has revamped its luxury Alphard and Vellfire vehicles that are popular among highrollers in Japan and elsewhere.
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already following through on plans to divest from the world’s second-largest economy, according to a new survey.
Citic, JPMorgan Replacing CICC in Cainiao’s Hong Kong IPO, Sources Say
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has seen a reshuffle in the banks that are preparing for its Hong Kong initial public offering, people familiar with the matter said.
Top Credit Investors Again Bet on Peak in Rates and US Recession
Some of the biggest buyers in credit markets are calling the Federal Reserve’s bluff.
Chinese Official Blasts US Over Taiwan After Blinken-Xi Meeting
China accused the US of tampering with its political promises on Taiwan, days after a high-level meeting brought hope of stabilizing ties, showing the limits to resolving fundamental differences between the world’s two largest economies.
Musk Says Tesla Hopes to Invest in India After Modi Meeting
Tesla Inc. is likely to make a significant investment in India, Chief Executive Officer Elon Musk said after meeting with Narendra Modi during the Indian Prime Minister’s US visit to promote development in the world’s most populous country.
