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Stock market today: Asian shares mostly gain after Trump picks billionaire for Treasury post
BANGKOK -- Shares climbed in Asia on Monday, tracking last week’s gains on Wall Street, and analysts said investors were viewing President-elect Donald Trump’s choice of billionaire investor Scott Bessent as his nominee for Treasury secretary as a relatively market-friendly choice.
Trump Raced To Pick Many Cabinet Posts. He Took More Time To Settle On A Treasury Secretary.
President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary.
Stock Market Today: Stocks rally as markets react to Trump Treasury pick
Trump nominated Scott Bessent to serve as Treasury Secretary over the weekend, a billionaire hedge fund manager who is both respected on Wall Street and seen as a potential offset
Trump picks billionaire hedge fund manager Scott Bessent as Treasury secretary
President-elect Donald Trump continues to announce key appointments to his Cabinet, including billionaire hedge fund manager Scott Bessent as his pick for Secretary of the Treasury.
Trump names billionaire Scott Bessent as Treasury secretary pick
President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.
13m
Audi Drops Iconic Four Rings Logo In China, Internet Says "Bad Move"
The new AUDI logo is part of a project with Chinese automaker SAIC to co-develop electric vehicles aimed at attracting ...
3d
on MSN
Temu Owner PDD’s Sales Slow Sharply After China Market Sputters
PDD Holdings Inc. reported sales that missed estimates, lending weight to fears that China’s slowdown is hurting its biggest ...
3d
on MSN
The world's auto giants will need to partner with Chinese companies to survive in China, analysts say
Only in 2022 did Chinese authorities allow foreign car companies to fully own their local production. But it was a lucrative ...
5d
on MSN
Analysis-China's cashed-up crowd is back in the stock market
Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local ...
Business Insider on MSN
2d
China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
Thomas Schäfer, CEO of the VW brand, said the "price war for electric cars cannot go on forever" in
China
and that the ...
6d
on MSN
China offers a 'unique diversification opportunity,' says Bridgewater's co-CIO
Bob Prince said diversification is one of the most important themes for investors today because geopolitical problems are ...
10d
China Market Update: JD.com Beats, CEO Sheds Light On China’s Economy
Asia had another rough night, as the wrecking ball of US dollar strength came back as some expressed trepidation over ...
4d
Here's what Nvidia's CFO has to say about the China market
Nvidia CFO Colette Kress says the company saw a sequential pickup in data-center sales to the China market, reflecting growth in shipments of Hopper graphics processing units that are compliant with ...
Bloomberg L.P.
11d
China’s Copper Market Needs More Stimulus, Says Top Importer
China
needs to deploy more economic stimulus if copper demand ... where a prolonged slowdown in the property
market
is ...
2d
on MSN
Huawei’s Chip Advances Threaten Apple in China
The Chinese company’s latest device is coming next week as it pushes ahead in technology despite U.S. sanctions.
5d
on MSN
XPeng sees ‘knockout’ phase in China’s auto market in the next few years
Despite uncertainties over what Donald Trump’s election win might mean for China’s EV makers, in terms of potential tariffs, ...
14h
China Investors Digest Another Letdown From Big Tech Earnings
From Tencent Holdings Ltd. to Alibaba Group Holding Ltd., China’s tech leaders delivered underwhelming numbers for a quarter ...
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