Semiconductor Manufacturing International Corporation (SMIC) is up over 75% for the year so far, making it one of the Hang Seng's best performing stocks.
US tariffs drag Mexico's peso, stocks lower
LONDON/NEW YORK (Reuters) -Mexico's peso fell for a fourth consecutive session on Tuesday and briefly touched the 21-per-dollar level for the first time in a month after the United States imposed 25% tariffs on imports from Mexico. Stocks also fell in Mexico for a fourth day and the benchmark index slid to its lowest in five weeks, with local equities still up over 3% year to date. Mexico's trade-dependent economy sends around 80% of its exports to the United States.
Indian Stocks Post Historic Losing Streak as Global Funds Flee
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedThe selloff in India
Billionaire Salinas Says Elektra Delisting Will Set Him Free
(Bloomberg) -- Mexican billionaire Ricardo Salinas is defiant as ever, plotting his next moves after clashes with the government and a plunge in his net worth. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedIn an intervie
European auto stocks sink as U.S. tariffs on Mexico, Canada kick in
The STOXX Europe 600 Automobiles and Parts index fell the most since September 2022, and was down 5% in afternoon trading, reflecting exposure to the tariffs, with companies such as Volkswagen, Stellantis and BMW all have manufacturing sites in Mexico. According to data from Mexico's automotive industry association, Stellantis and the Volkswagen Group -- which includes Audi -- are the two biggest European exporters of light vehicles to North America out of Mexico.
Tom Lee Predicts Market Bottom This Week, Still Sees Bitcoin Closing the Year at $150K
Tom Lee sees bitcoin finishing the year at over $150,000 and attributes the current drawdown to cyclical behavior.
Will Dogecoin Reclaim Its All-Time High in 2025?
The Department of Government Efficiency initiative has put Dogecoin back in the spotlight. Find out why that might not be enough to push it to new highs this year.
Engineering and Design Services Stocks Q4 Recap: Benchmarking Sterling (NASDAQ:STRL)
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Sterling (NASDAQ:STRL) and the best and worst performers in the engineering and design services industry.
Q4 Earnings Outperformers: Graco (NYSE:GGG) And The Rest Of The Gas and Liquid Handling Stocks
Let’s dig into the relative performance of Graco (NYSE:GGG) and its peers as we unravel the now-completed Q4 gas and liquid handling earnings season.
3 Reasons RXO is Risky and 1 Stock to Buy Instead
Shareholders of RXO would probably like to forget the past six months even happened. The stock dropped 28.1% and now trades at $20.27. This might have investors contemplating their next move.