BEIJING — Expectations for more support from China to boost its economy and stock markets are rising— especially after the central bank’s easing announcements on Wednesday.Starting Feb. 5, the People’s Bank of China will allow banks to hold smaller cash reserves, central bank governor Pan Gongsheng said at a press…

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (BATS:LQDW) seeks to track the investment results of an index that reflects a strategy of holding the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) while selling one-month covered call options to generate income. Since it came to market in…

EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equal to about 1,000 full-time jobs, as the tech industry continues to downsize to start 2024. The stock rose more than 3% in extended trading.Jamie Iannone, eBay’s CEO, told employees in a letter published on a…

BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn’t yet offer in the country — and sometimes at lower prices.No longer are companies competing primarily on driving range. Instead, as they reveal new models at a rapid…

Canadian National Railway Company (NYSE:CNI) Q4 2023 Earnings Conference Call January 23, 2024 4:30 PM ET Company Participants Stacy Alderson – Assistant Vice President, Investor Relations Tracy Robinson – President and Chief Executive Officer Patrick Whitehead – Executive Vice President and Chief Network Operating Officer Derek Taylor – Executive Vice…

Shares of Zee Entertainment fall 10% after Sony calls off merger Shares of Zee Entertainment plunged 10% after Sony announced Monday that it has scrapped plans for a $10 billion merger between its Indian subsidiary Sony Network Pictures India and the the Indian media conglomerate.Sony said in a statement Monday…

China is considering a rescue package backed by offshore money to stave off a slump in its struggling stock markets, according to Bloomberg News.The report, citing people familiar with the matter, said Chinese authorities are aiming to get about 2 trillion yuan ($278 billion), primarily through offshore accounts of Chinese…

Introduction With this article, I would like to expand the tickers I have so far covered on SA. However, the stock market is huge, so this year I made the choice to publish and integrate what I have done so far on SA with a niche that not many SA…

DAVOS, Switzerland — Blockchain could be used to prevent bias in the data that artificial intelligence models are being trained on — and that could be a “killer use case” for the technology, executives told CNBC.One of the concerns about the AI models — the kind that underpin applications like…

Terraform Labs, the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets in 2022, filed for Chapter 11 bankruptcy in the United States, according to court papers filed on Sunday.Singapore-based Terraform Labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of…