Mar 27, 2024 | Markets
Fisker Inc. dramatically reduced the price of the Ocean sport utility vehicle — its only model — as the electric-car maker struggles to stay in business. The biggest cut the US company is making applies to the top-end version of the Ocean, called Extreme. Fisker will...
Mar 26, 2024 | Markets
The company is raising capital through other avenues now The move follows the surprise retreat from a cloud arm listing Alibaba Group Holding Ltd. called off an initial public offering for its Cainiao logistics arm in Hong Kong, shelving a $1 billion-plus deal in a...
Mar 26, 2024 | Markets
New York Fed economists highlight risks from China policy China is overseeing a surge in industrial investment China’s effort to boost manufacturing and shore up the economy amid a real estate slump could put “meaningful upward pressure” on US inflation and push back...
Mar 26, 2024 | Markets
Outflows from stocks were the most in the region this year Political uncertainties add to economic woes to dim outlook A market revival for Thailand just isn’t coming. The nation’s first election since 2019 was supposed to be the catalyst to drive economic growth and...
Mar 25, 2024 | Markets
Executives flock to Beijing at start of a forum-filled week China’s premier offers little new on policy steps amid angst China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s second-biggest economy got a boost from enthusiastic...
