BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. "Tesla prices must...
Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.
Bfsg LLC bought a new stake in shares of ASML Holding (NASDAQ:ASML – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 488 shares of the semiconductor company’s stock, valued at approximately $369,000. A number of other institutional investors and hedge funds have […]
By Shaun Tandon US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as he went on a charm offensive ahead of expected tough talks. A day before meeting Beijing’s top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken’s visit to Shanghai saw […]
Telos Capital Management Inc. increased its stake in shares of ASML Holding (NASDAQ:ASML – Free Report) by 938.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,278 shares of the semiconductor company’s stock after acquiring an additional 7,481 shares during the period. Telos Capital Management Inc.’s […]
By W.G. Dunlop US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, in the first substantive talks between the superpowers’ defense chiefs in nearly 18 months. The United States has been working to strengthen defense cooperation with its allies in the Asia-Pacific region to counter China’s growing influence […]
When the House of Representatives set up a special panel charged with
US Secretary of State Antony Blinken is on a visit to China - offering a mixture of friendliness and warnings. We assess US-China relations and ask what, if anything, this visit could change.Also in the programme: the father of a US-Canadian aid worker killed in Gaza tells us the message he'd like today’s memorial service to send to the world; and the possible dangers of yet another artificial sweetener - one that's hard to avoid if you like soft drinks, cakes or chewing gum.(MAGE: U.S....
BEIJING (AP) — The United States and China butted heads over a number of contentious bilateral, regional and global issues as U.S. Secretary of State Antony Blinken met Friday with Chinese Foreign Minister Wang Yi and both men warned of the dangers of misunderstandings and miscalculations. The meeting, on the final day of Blinken's second []
By MATTHEW LEE AP Diplomatic Writer BEIJING (AP) — The United States and China butted heads over a number of contentious bilateral, regional and global issues as U.S. Secretary of State Antony Blinken met Friday with Chinese Foreign Minister Wang Yi and both men warned of the dangers of misunderstandings and miscalculations. The meeting, on
US-China talks start with warnings about misunderstandings and miscalculations
By MATTHEW LEE AP Diplomatic Writer BEIJING (AP) — The United States and China are butting heads over a number of contentious bilateral, regional and global issues. U.S. Secretary of State Antony Blinken is meeting Friday with Chinese Foreign Minister Wang Yi. Both have underscored the importance of keeping lines of communication open, but they