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China Market Update: Powell’s Rate Cut Powers Asia & China Higher

Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster reaction on Wall Street.

Barron's · 23h

US Stocks Rise As Market Digests Big Fed Rate Cut

Wall Street stocks rose early Thursday as the market continued digesting the Federal Reserve's interest rate cut, which was larger than some analysts had expected.

Couriermail · 21h

Stock markets rally after jumbo US rate cut

Global stock markets rallied Thursday, with Frankfurt hitting a record close, after the Federal Reserve delivered a bumper interest-rate cut and pledged further reductions as inflation cools.

Mercedes-Benz, China

Reuters · 5h

Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall

Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto stocks as it joined a growing number of rivals that are blaming a weakening Chinese car market,

MarketWatch · 4h

Mercedes-Benz cuts guidance on slump in China’s economy

Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy. The Stuttgart company said the cut to its outlook,

The Financial Times · 15h

Live news: Mercedes-Benz lowers full-year outlook on China’s economic ‘deterioration’

Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the return on sales to be in the range of 7.

12hOpinion

China’s trade manipulations will devastate us — it’s time to fight back

Countries across the globe are facing a massive glut of vital industrial materials and high-value goods, as China’s ...

22hon MSN

New analysis of samples from Wuhan animal market supports its role as a central site of early spread of Covid-19

After an in-depth analysis of the genetic material from hundreds of swabs taken from the walls, floors, machines and drains ...

15hon MSN

Scientists again link covid pandemic origin to Wuhan market animals

Genetic evidence from a new report suggests the coronavirus pandemic most likely spilled over from animals in the Wuhan ...

Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns

Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML , the latest brokerage to do so ...

14hon MSN

Divorce is on the rise in China. For some, that means big business

A budding divorce economy underscores China’s changing attitude towards marriage and a deepening demographic crisis facing ...

Nature13h

COVID pandemic started in Wuhan market animals after all, suggests latest study

“It’s one of the most important data sets on the early pandemic and on the origin of SARS-CoV-2,” says Florence Débarre, an ...

12hon MSN

A new genetic analysis of animals in the Wuhan market in 2019 may help find COVID-19's origin

Scientists searching for the origins of COVID-19 have zeroed in on a short list of animals that possibly helped spread it to ...

11h

Has Musk Been Defeated By China?

In essence, they’ve done what Musk and Tesla have only dreamed about but have been unable to deliver. China has the advantage of having a massive EV ecosystem- that spans from motors and drivetrains ...

10h

China Weighs Removing Major Homebuying Curbs to Boost Demand

China is considering removing some of the largest remaining restrictions on home purchases after previous measures failed to ...

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