Banking
8 days ago

China's Banks Face 'Japanification Moment,' S&P Warns

S&P Global Ratings report highlights risks of low profitability and credit shocks in the Chinese banking sector as Beijing prioritizes economic growth.

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Real Estate
1 month ago

Fangdd Shares Surge Over 50% on Strong Revenue Growth

Chinese proptech firm reports a 45% jump in first-half sales, but swings to a net loss as margins tighten.

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Geopolitical
1 month ago

US Court Strikes Down Trump's Global Tariffs, Citing Overreach

Appeals court rules former president exceeded authority, but tariffs remain in place pending potential Supreme Court review.

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Energy
1 month ago

US Offshore Wind Ambitions Jolted by Sudden Funding Cut

Trump administration cancels $679 million in federal support and halts a nearly-complete project, citing national security concerns.

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Geopolitical
1 month ago

Caterpillar Shares Drop as Tariff Costs Forecast to Hit $1.8 Billion

Industrial giant lowers its full-year profit margin outlook as it braces for an escalating impact from global trade disputes.

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Geopolitical
1 month ago

US Hits Indian Goods With 50% Tariff Over Russian Oil Purchases

Move threatens to raise prices for US consumers and hits apparel, jewelry, and textile importers, straining trade relations.

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Real Estate
1 month ago

Opendoor Stock Surges on Surprise Jump in Home Sales

A 2% rise in July's existing-home sales data fuels investor optimism for the real estate platform, sending shares up over 11%.

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Energy
1 month ago

Solar Sector Faces Headwinds as Trump Pledges to Block New Projects

Former President calls renewable energy a 'scam,' creating fresh regulatory uncertainty for solar and wind investments.

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