Recent Posts

More than half of new cars sold in China are now electric or hybrid

BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000). CNBC | Evelyn Cheng BEIJING — For the first time in China, new energy vehicles have outsold traditional fuel-powered passenger cars on a monthly basis, according to China Passenger Car Association data for July. New energy vehicles include battery-only and hybrid-powered …

Read More »

Wealthy investors find opportunities in stock market sell-offs

Stock market information displayed at the Nasdaq MarketSite in New York, US, on Monday, Aug. 5, 2024.   Michael Nagle | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy investors and family …

Read More »