China Vanke bonds jump after plan to redeem early $138 million onshore notes
By Li Gu and Clare Jim SHANGHAI/HONG KONG (Reuters) – China Vanke’s bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March. Vanke’s announcement boosted investor confidence on
Americans’ cruise vacations to see slower growth in 2025, industry group forecasts
(Reuters) – Nearly 19 million Americans are expected to go on cruise vacations this year, but passenger growth is likely to cool off after seeing a boom post pandemic, travel group AAA forecast on Monday. Passenger volume this year is projected
Chinese AI startup DeepSeek overtakes ChatGPT on Apple App Store
BEIJING (Reuters) – Chinese startup DeepSeek’s AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple (NASDAQ:AAPL)’s App Store in the United States. Powered by the DeepSeek-V3 model, which its creators say “tops the leaderboard
Morning bid: China’s AI challenger puts investors on edge
A look at the day ahead in European and global markets from Kevin Buckland For two years, investors and analysts have pondered what – if anything – could take some of the steam out of the AI stocks rally. China may
In Trump’s shadow: Five Questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo LONDON (Reuters) – The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone’s sluggish economy and potentially complicating the