
Chinese stocks gain US$70 billion as Ant Group’s new US$1.5 billion plan fuels investor optimism
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
The Fed is expected to raise rates again on February 1.
Meta, the parent company of Facebook and Instagram, plans to appeal the decision.
The long-time Tesla bull Wood is doubling down.
The fallen mogul faces up to 115 years in prison if found guilty on all counts.
Sales of new energy vehicles at BYD, China’s top-selling electric vehicle maker, more than doubled in December.
The company finally broke the 1 million-unit mark in 2022.
2022 saw the worst annual performance on the S&P/ASX 200 since 2018.
The Dow fell 9% in 2022, while the S&P 500 fell 20% and the tech-heavy NASDAQ 34%.
During the stock market’s worst year since 2008, energy stocks have greatly outperformed other assets.