News
That nascent boom in clean energy and cleantech that was just developing real momentum before Trump regained office, is now under threat, as is the leadership Nvidia provides the US in one of the key technologies for the rest of this century. Chip company Nvidia is the most valuable company on the US sharemarket. Its…
By Matt Spetalnick WASHINGTON (Reuters) -Israel and Hamas may be able to reach a Gaza ceasefire and hostage-release deal within one or two weeks but such an agreement is not likely to be secured in just a day’s time, a senior Israeli official said on Wednesday. Speaking during Israeli Prime Minister Benjamin Netanyahu’s visit to…
Global investors rattled by the US under the Trump administration are turning to Hong Kong for a sweet deal: borrowing Hong Kong dollars at virtually zero cost and receiving a guaranteed return of more than 4%, based on US overnight lending rates. The so-called carry trade, which came under the spotlight over the past month…
Beijing vows to retaliate against those helping Washington cut the country out of supply chains. Yet wielding a stick at its Asian partners has backfired in the past, and the carrots it can offer may be limited by concerns about tech transfer and financing overseas investments. Full view will be published shortly. CONTEXT NEWS “China…
CONCORD, N.H. (AP) — A federal judge in New Hampshire will hear arguments Thursday on whether to certify a class-action lawsuit that would include every baby affected by President Donald Trump’s restrictions on birthright citizenship. The lawsuit, filed on behalf of a pregnant woman, two parents and their infants, is among numerous cases challenging Trump’s…
Despite the 90-degree heat, on Saturday, July 13, thousands descended on Pennsylvania’s Butler Farm Show, which is a roughly 100-acre fairground used for agricultural exhibitions. They were excited to see former President Donald Trump, who had spoken at the site before. Butler County voted overwhelmingly for Trump in 2020, so the crowd was expected to…
Global X ETFs has launched the Global X China Core TECH ETF (3448) on the Hong Kong Stock Exchange, offering investors access to China’s high-tech leaders. The ETF tracks the Mirae Asset China Tech Top 30 Index, which is designed to track mainland China and Hong Kong SAR’s leading technology companies by market capitalisation across next-generation technology sectors. These…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the…
In this week’s Hong Kong Edition, we look at how Wall Street’s back on top of the city’s booming equity capital markets, find some silver lining in the recent heat wave and talk to the professor behind OldHKinColour. For the Review, we visit a dim sum restaurant hidden in a Kowloon basement that hits the…
For the third week in a row, there have been issues with the air conditioning at the Environmental Protection Agency headquarters, sending indoor temperatures well above 80 degrees, sources told CBS News. Staff members have received emails both explaining that repair efforts were underway and that the administration is trying to reduce energy consumption. Multiple…