The Latest Breaking News from China

The British pharmaceutical giant’s falsified patients’ test results so insurance would pay for its cancer drug in an effort to boost sales, but the alleged misconduct ended up benefiting some patients

The Australian bourse has risen after two central banks cut interest rates and investors expressed hope China will announce measures to boost its economy.

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.74%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed unchanged, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.54%. Stocks on Thursday extended their post-election rally, with the S&P 500, the Dow Jones Industrials,...

December WTI crude oil (CLZ24 ) Thursday closed up +0.67 (+0.93%), and December RBOB gasoline (RBZ24 ) closed up +0.0182 (+0.89%). Crude oil and gasoline prices recovered from early losses on Thursday, climbed to 3-week highs, and settled moderately higher. Thursday’s weaker dollar boosted crude prices along with the rally...

It's no secret that the Volkswagen Group has not had an amazing time in 2024. It's struggled with slumping sales in China, once its biggest market, while it faces intense Chinese competition back home. It's staring down factory closures and layoffs as costs mount. All the while, China's electric auto…

While the REMX ETF’s name implies significant exposure to rare earth metals and minerals, the product’s holdings are primarily invested in lithium-producing mining companies. REMX has been under pressure, but commodity cyclicality suggests that it is in the buying zone below $50 per share.

President Xi Jinping emphasizes cooperation with President-elect Trump amid potential trade tensions. Both nations seek stable relations for mutual benefit.

With automakers changing course and backtracking on their plans to go all electric in the next decade, it isn’t surprising to hear that even carmakers that have only ever built EVs are also shifting their strategy. China's Xpeng is one such automaker, and its newly announced Kunpeng Super Electric System…

Audi partnered with SAIC Motor on a new sub-brand to build cars exclusively for the Chinese market. The fledgling company is called AUDI—all caps—and is "shaped 100-percent by the Audi DNA" with one notable exception. You won't see four-rings badging anywhere on its cars.