Network Span

  • In China, more and more people want to save money as job worries grow
    Rather than spend or invest, 58.3% of survey respondents said they preferred to save their money, according to a People's Bank of China second quarter report.
  • China's Xi arrives in Hong Kong in his first trip outside the mainland since the onset of the pandemic
    The trip is for the 25th anniversary on Friday of Hong Kong's handover to China from British colonial rule.
  • Chinese automaker Nio reports record EV sales in June as Covid wave fades, but it still lags XPeng and Li Auto
    Nio, XPeng and Li Auto all reported strong deliveries totals for June as their factories returned to full speed following the latest Covid outbreak.
  • Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico
    Interior's oil-drilling proposal could allow 11 lease sales over the next five years, but includes an option for the administration to conduct no sales.
  • Ice avalanche kills six in Italian Alps amid heatwave
    At least six people were killed and another eight injured following an avalanche of ice in the Italian Alps, CNN affiliate Skytg24 said Sunday, citing first responders.
  • At least three killed in Copenhagen mall shooting, police say
    A shooting at a mall in Copenhagen has left three people dead, local authorities said Sunday. Several others are wounded, with three hospitalized in critical condition.
  • You need a net worth of over $3 million to be considered "wealthy" in major cities like San Francisco and New York.
  • Asia-Pacific markets are mixed as investors search for direction
    Australian stocks rose more than 1% while Hong Kong and South Korean markets were lower on Monday.
  • North Korea is likely culprit behind $100 million crypto heist, researchers say
    There are "strong indications" that North Korea-run hacking group Lazarus orchestrated the attack, according to blockchain analytics firm Elliptic.
  • Stocks making the biggest moves midday: RH, Carnival, Universal Health Services and more
    These are the stocks posting the largest moves in midday trading.
  • 'Minions: The Rise of Gru' tops $108 million as parents flock back to cinemas, kids in tow
    "Minions: The Rise of Gru" generated more than $108 million in ticket sales during its domestic opening weekend.
  • More than 12,000 flights delayed, hundreds canceled during busy July Fourth weekend
    Airlines have delayed and cancelled flights at a higher rate this year than before the pandemic.
  • June 29, 2022 Russia-Ukraine news
    NATO leaders will decide Wednesday whether to invite Finland and Sweden to join the security alliance after Turkey agreed to support their membership bid. It comes after Turkey, Finland and Sweden…
  • Russian forces claim to take control over Lysychansk, Ukraine's last holdout in Luhansk region
    Russia is claiming to have taken control of Lysychansk, the last city in the Luhansk region in eastern Ukraine that was still under Ukrainian control.
  • Protecting yourself from Covid's BA.5 omicron subvariant this July 4 weekend may depend on vaccination status, says an NYU Langone Health epidemiologist.