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Market pricing indicates that there is a 25% chance that the Federal Reserve will raise interest rates before April 2027, up from 20% before the Fed made its decision.

2026-04-30

Market pricing indicates that there is a 25% chance that the Federal Reserve will raise interest rates before April 2027, up from 20% before the Fed made its decision.

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2026-04-30

POWELL: THIS WILL BE A NORMAL TRANSITION

POWELL: THIS WILL BE A NORMAL TRANSITION
2026-04-29

Chinese truckmaker Xuzhou XCMG Automobile Manufacturing Co. is considering a Hong Kong IPO that could raise as much as $500 million as soon as this year, according to people familiar with the matter. The company, based in Jiangsu, is still discussing

Chinese truckmaker Xuzhou XCMG Automobile Manufacturing Co. is considering a Hong Kong IPO that could raise as much as $500 million as soon as this year, according to people familiar with the matter. The company, based in Jiangsu, is still discussing deal size and timing. XCMG Auto produces heavy-duty trucks, including electric, hybrid and hydrogen fuel-cell models used in logistics, construction, sanitation and mining. It previously raised about 6.4 billion yuan ($940 million) from 30 investors last year. Hong Kong listings have raised $19.4 billion so far this year and could exceed $40 billion in 2026, according to data.
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