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The Nikkei has compiled the global car sales for 3Q24 according to data released by automakers and research firm MarkLines. The results showed that BYD COMPANY (01211.HK)'s sales grew by 38% to 1.13 million vehicles, making it the world's sixth best-selling automaker and marking the first time it has surpassed one of the...
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The market overall shrugged off the impact of President-elect Donald Trump's new tariffs. The US stocks rallied on Tuesday. The S&P 500 and DJIA both reached intraday and closing record highs. The S&P 500 closed up 34 points or 0.6% at 6,021. The DJIA opened lower but closed inclining 123 points or 0.3% at 44,860. Th...
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BYD COMPANY (01211.HK) will introduce its hybrid electric pickup truck, the Shark 6, to the Australian market with a starting price of AUD60,000 (US$39,000), Bloomberg News reported. The first batch is expected to arrive within weeks. This model is priced about AUD40,000 lower than the higher-end Ford (F.US) Ranger.The introduct...
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The yield on the US 10-year Treasury note broke above 4.3%, while the market focused on the results to be released by major tech stocks like Alphabet (GOOG.US) and AMD (AMD.US) after the market close. The Nasdaq hiked 145 points, or 0.8%, to reach a new closing high of 18,712. The DJIA fell 154 points, or 0.4%, closing at 42,233...
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The sharp rise in oil prices triggered market concerns that inflation is accelerating again, and the US stock market rebound on Thursday was not sustained. DJIA rose nearly 300 points in the early morning, but receded in the afternoon, once dropping as much as 567 points. It closed near the full-day low at 38,596.98, down 530.16...
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