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GM Considers Cheaper Iron Phosphate Batteries to Cut Costs

General Motors (GM.US), the top revenue-generating automotive company in the United States, has recently made a significant decision: it announced the abandonment of the heavily invested Ultium batter...

Jun-22 , 2024

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Q3 Net Profit Down 10%, JCET Shares Dive 13% After Earnings Release

On the evening of October 10th, JCET (300708.SZ) "took the lead" in disclosing the first third-quarter report of the Shenzhen stock market for the year 2024.The financial report indicates that JCET ac...

Jun-21 , 2024

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Japan Sees Record 5,100 Firms Go Bankrupt in 6 Months

Kiyosumi Hashimoto's factory is located in Chiba Prefecture, Japan. It is not a large scale factory, filled with machines, drilling tables, and parts cabinets. At its peak, dozens of workers were work...

Jun-14 , 2024

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EVE Energy to Triple Capacity in 4 Years with Up to $5B Fundraise

EVE Energy (300014.SZ) is gearing up for another round of financing.After the market closed on October 10th, EVE Energy released a revised draft of the convertible corporate bond issuance to unspecifi...

Jun-14 , 2024

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Anti-Overwork Movement in Japan Causes Panic

The phenomenon of a shrinking population is causing Japanese businesses to face a "lack of available workers."Within the 12 months leading up to this March, as many as 313 companies in Japan went bank...

Jun-14 , 2024

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Gold Volatile at Highs; Fed Minutes to Unveil This Week

Last Friday, due to the unexpectedly strong US September non-farm report, the US dollar index touched its highest level in seven weeks, eventually closing up 0.54% at 102.49. US Treasury yields across...

Jun-06 , 2024