Business
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 A relentless sell-off in…
Tag
Wipeout
Business
‘Baby Shark’ creator’s 62% wipeout sinks stock below IPO price
The frenzy for the company behind the viral children’s hit Baby Shark has quickly cooled with shares dropping below their initial public…
Business
Bitcoin traders are still rattled after US$340 billion wipeout
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto…
Business
Bitcoin struggles to find momentum after historic wipeout
After a week-long rout that erased hundreds of billions in digital-asset value, Bitcoin has again failed to live up to its billing as a…
Business
BYD’s US$45 billion stock wipeout raises doubts on China outlook
At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground BYD faces pressure to…
Business
Stock market rebounds after Friday’s wipeout
U.S. stocks are rallying and recovering much of their sharp losses from last week, when worries about how President Donald Trump’s tariffs…
Business
China tech faces worry beyond tariffs after US$350 billion wipeout
Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that…