News
Important Only
Tesla's China sales rise to record high in 2024, bucking global decline
BEIJING, Jan 3 (Reuters) - U.S. electric vehicle maker Tesla TSLA.O said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.Reuters
Fri, Jan 3
Why SoFi Stock Tumbled by Over 8% on Thursday
The stock market had a fairly gloomy start to the new year on Thursday, but SoFi Technologies (NASDAQ: SOFI) shares really took a hit. The fintech plummeted by more than 8% on the inaugural trading session of 2025, a far steeper fall than the 0.2% slide of the bellwether S&P 500 index.The Motley Fool
Fri, Jan 3
Crypto ETFs get riskier and more creative as Wall Street pushes new offerings for 2025
Wall Street will launch more exchange-traded funds in 2025, and these new offerings will be even riskier and more creative. These crypto players aim to invite new investors into the crypto loop and maintain those already in it.
Stellar bulls aim for double-digit rally ahead
Stellar (XLM) extends its gains, trading above $0.45 on Friday after rallying more than 32% this week. On-chain data indicates further rally as XLM’s Open Interest (OI) and Total Value Locked (TVL) rise. The technical outlook suggests a rally continuation projection of further 40% gains.
Binance becomes the first crypto exchange to receive broker license in Brazil
Binance has received approval from Brazil’s Central Bank to acquire Sim;paul, a licensed broker-dealer, marking its 21st global regulatory milestone. This allows Binance to expand services, including securities distribution and EMI issuance, in Brazil. The approval underscores Binance’s strong commi
Cryptopolitan
Fri, Jan 3
China's central bank likely to cut rates in 2025, FT reports, as part of broader policy shift
China's central banks says likely to cut interest rates in 2025Shift from quantitative objectives to cost of credit targetingLast cut main 7-day reverse repo rate to 1.5% from 1.7% in SeptChina 10-and 30-year treasury yields both hit record lowsAdds comments from China's central bank in paragraphs 3Reuters
Fri, Jan 3
Tesla's China sales rise to record high of 83,000 in December
BEIJING, Jan 3 (Reuters) - Tesla TSLA.O's electric vehicle sales in the world's largest auto market increased in December by 12.8% from a month earlier to a record high of 83,000 units, according to Tesla China.The U.S. automaker's EV sales in China also logged their best year in 2024 with a 8.8% riReuters
Fri, Jan 3
China’s NDRC: Fully confident in achieving continued economic recovery in 2025
The National Development and Reform Commission (NDRC), China’s state planner, said in a statement on Friday that it is “fully confident in achieving continued economic recovery in 2025.” Additional takeaways Will sharply increase funding from ultra-long treasury bonds this year to support "two new"
Fxstreet
Fri, Jan 3
Stocks, Bitcoin, and global finance markets are on track to start 2025 in the green; what could go wrong?
Stock market futures are pointing to a strong start for 2025, with green indicators across the board. The S&P futures are trading above 5900, bolstering investor confidence in continued gains for the US stock market.J.P.Morgan cuts PT on SLB, Halliburton amid global oilfield spending slowdown
J.P.Morgan lowers PTs on oilfield services firms Halliburton HAL.N and SLB SLB.N. Brokerage expects deceleration of upstream spending in North America and international markets to weigh on earnings from Q4 onwards.
Reuters
Thu, Jan 2
