BYD shares slide as fierce China competition dents first-half earnings
Shares of Chinese electric-vehicle giant BYD fell nearly 5% in Hong Kong on Monday, following the release of its interim results on Friday.
Friday, 4 September 2026
Global markets, trading & world business — for professional traders
Shares of Chinese electric-vehicle giant BYD fell nearly 5% in Hong Kong on Monday, following the release of its interim results on Friday.
Xi has "sharply curtailed foreign travel in recent years, so his busy upcoming travel schedule is a significant gauge of his priorities," Gabriel Wildau, managing director at Teneo, told CNBC in an email.
The S&P 500 Index ($SPX) (SPY) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.70%. E-mini S&P futures (ESU…
Oil rose Monday, amid heightened concerns over supply disruptions after U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday.
Brent crude rose from $72 in late February to above $118 in March when the Strait of Hormuz effectively closed.
China's manufacturing activity in August shrank for a second straight month, though by less than market estimates, keeping the pressure on Beijing to support the economy as growth loses momentum.
Aon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from private-equity firm KKR, The Wall Street Journal reported Sunday.
U.S. stock-index futures declined on Sunday, as investors ponder the likelihood of a fresh interest-rate hike and look ahead to fresh labor data and tech earnings this week.
Shares of South Korean beauty company APR have surged nearly 100% this year as the K-beauty company rapidly expands its presence in the U.S.
The S&P 500 Index ($SPX) (SPY) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.70%. E-mini S&P futures (ESU…
President Donald Trump on Sunday lashed out at NBC News "Meet the Press" host Kristen Welker, suggesting she would be reported to the Federal Communications Commission over her alleged characterization of election resul…
The Freedom Fuel Network made national headlines back in July when President Donald Trump praised the gas station chain for selling fuel at steeply discounted prices. A lawsuit by a Georgia-based fuel supplier alleges t…
A rush of retail investors and quant funds has caused a shift toward more borrowed money and more short-term trading.
The S&P 500 Index ($SPX) (SPY) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.70%. E-mini S&P futures (ESU…
As the U.S. and Canada stare down tens of billions of dollars in dueling tariff regimes as a result of President Trump's new trade war against the nation's second-biggest trading partner, companies, economists, and inve…
Icelanders voted to reject resuming talks to join the European Union, as issues such as domestic control over fishing appeared to override geopolitical security concerns.
Tariff refunds have muddied retailers' earnings reports in recent weeks as Wall Street struggles to parse through the confusion.
China's two largest solar module shippers by volume — SSE-listed JinkoSolar (688223.SS) and LONGi Green Energy (601012.SS) — posted combined net losses exceeding 13 billion yuan (approximately $1.9 billion) in 2025, lay…
Dollar Tree says a helium squeeze has hit sales of balloons and party supplies. Researchers note this could foreshadow higher costs for other industries that depend on the gas.
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Even a silent, untouched phone on your desk quietly drains mental bandwidth. A landmark study published in the Journal of the Association for Consumer Research found that the mere presence of a smartphone reduces availa…