Tesla’s Vietnamese competitor is sailing for the US market

get ready america; VinFast is on the way. The Vietnam-based electric automaker is taking the slow boat to California as it sends its first batch of 999 VF 8s, the company’s 5-seat electric SUV, to America aboard the Silver Queen, a charter vessel from Panama. The Silver Queen is expected to arrive in the Sunshine … Read more

factory activity in China at the lowest reading since April; Asia markets are considerably higher

Bitcoin briefly surpasses $17,000 to its highest level since mid-November Bitcoin briefly surpassed $17,000 in the morning Asian session for the first time since mid-November. bitcoin It increased by 2.2% over the previous 24 hours, according to currency metrics It was last traded at $16,863.07 per coin. ether It also rose, up 4.74% in the … Read more

European markets close mixed pending changes in China’s Covid policy

Bank of England governor says UK gold market ‘not going back to normal’ The UK gold market is “not getting back to normal” yet Bank of England intervention on Sept. 28, according to Gov. Andrew Bailey, who spoke before the Committee of Lawmakers on Tuesday. The governor said the bank did not want to buy … Read more

Hong Kong shares jumped 4% ahead of China’s Covid briefing

China likely won’t make sudden changes to its Covid policy: NUS National University of Singapore Professor Wang Junguo said on CNBC that the Chinese government is unlikely to make sudden changes to its policy on the non-spread of the coronavirus, because that would create chaos. “Squawk Box Asia”. “If you suddenly change the policy, I … Read more

Investors hope Beijing will lift COVID restrictions faster as protests dampen markets

Dozens of universities, demonstrators show civil disobedience There was no sign of new protests in Beijing and Shanghai on Monday Chinese bonds and stocks suffered huge outflows in 2023 LONDON (Reuters) – Rare protests spreading across China over Beijing’s anti-coronavirus policy may have unleashed a new wave of political uncertainty, but could also hasten the … Read more

The global oil market points to short-term weakness ahead of the EU embargo on Russian oil

NEW YORK (Reuters) – The global oil market is signaling a possible turnaround, as traders and analysts worry about lower demand for crude and an oversupply market in the coming months. After months of strength, crude oil futures are tipping to lows not seen all year as top oil consumer China enters additional COVID-19 lockdowns … Read more

Nasdaq 100, Standard & Poor’s 500, USD, Pound Sterling, Euro, Gold

Global Market Wrap and Lookahead. The U.S. dollar It resumed its downward movement after-Federal Open Market Committee. US indices continue to rise. A continuous stream of upcoming high-importance economic data and events. Recommended by Nick Cooley Trading Forex News: The Strategy This week’s economic calendar is filled with a wide range of market-moving economic releases … Read more

BIZI LABS introduces Web3 smartphone platform to mass markets

LONDON, UK, Nov. 25, 2022 (GLOBE NEWSWIRE) — BIZI LABS, the Swiss mobile platform that allows people to easily access web3, announced today that it will integrate ribbed network in its leading partner smartphone brand Web3, Zambezi – The world’s first smartphone to combine built-in web3 features, user rewards and multi-threading functionality. The device will … Read more