Shares of Chinese electric-vehicle makers surged in Hong Kong on Tuesday, driven by strong sales forecasts for March and a sharp selloff in Tesla’s stock overnight.NIO’s shares jumped 8.7% by midday, while XPeng rose 6.2%.Zhejiang Leapmotor Technology and Great Wall Motor climbed 4.9% and 1.65%, respectively, outperforming the Hang Seng…
Voters in Greenland are heading to the polls on Tuesday in a crucial parliamentary election, with the long-standing issue of independence from Denmark taking center stage. The vote also comes amid renewed interest from US President Donald Trump, who has repeatedly suggested that the United States should take control of…
Singapore iron ore futures experienced an upswing on Tuesday, fueled by optimistic projections of heightened demand from the steel industry. These expectations are tied to the anticipated resumption of production by steelmakers in northern China, a region that holds significant sway as the world’s leading consumer of iron ore. The resumption is…
The upcoming election in Australia will gauge public opinion on nuclear energy as a solution to the country’s long-term energy requirements and rising living costs. However, immediate energy transition plans may be hindered by energy security concerns arising from grid instability, power shortages, an impending gas shortage, and infrastructure limitations, Rystad…
Could President Donald Trump’s well-documented enthusiasm for both cryptocurrency and space exploration converge in a groundbreaking initiative within the US Space Force? The Space Force is currently investing $1 billion in its Rapid Resilient Command and Control (R2C2) program, an ambitious effort to modernize satellite technology for orbital warfare. This…
The crypto market is imploding, with the total market capitalization in the industry crashing from over $3.5 trillion in November to $2.58 trillion. Bitcoin and most altcoins like Shiba Inu, Pepe, XRP, and Pi Network have all retreated by double digits from their 2024 highs.XRP price has tumbled by 16%…
The USD/JPY exchange rate continued its downward trend as the US dollar index (DXY) crashed and as the odds of a potential Federal Reserve and Bank of Japan (BoJ) divergence rose. It dropped to a low of 147.12 on Tuesday, its lowest level since October 2024. It has crashed by…
The Tesla stock price has imploded this year, erasing most of the gains made in 2024. TSLA crashed to a low of $220 on Monday, its lowest level since October last year, and down by over 55% from its highest level this year. This crash has pushed its market cap…
Reddit stock price has crashed in the past few months. RDDT shares have crashed from the all-time high of $230 in February to a low of $107.30, its lowest level since October last year. This crash has brought its market cap from over $41 billion in February to the current…
Wheels Up Experience (UP) stock price crashed to a record low of $1 on Monday as investors waited for its quarterly financial results. The UP share price has crashed by 35% this year, lagging behind other companies in Wall Street. This drop has brought its market cap to about $746…