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Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.
Source
CNBC
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South Korea’s leveraged exchange-traded funds tied to chipmakers may deepen concentration in the equity market and amplify volatility, according to Goldman Sachs Group Inc.’s sales desk.
Some buyers of US liquefied petroleum gas canceled shipments that would typically be bound for Asia following a surge in freight rates sparked by the conflict in the Middle East.
Lack of volatility is taking off pressure to reach a Strait of Hormuz deal.
This comes as tensions in the Middle East escalated once again, with the U.S. military carrying out new strikes overnight in Iran.
