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(Reuters) -Chipmaker Broadcom (AVGO) forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading. The Irvine, California-based company expects revenue of around $14 billion, while analysts polled by LSEG…
STORY: :: Residents stack sand bags and tape windows as Super Typhoon Yagi approaches Hong Kong :: September 5, 2024 “We are all worried because the wind speed seems to be similar to that of Typhoon Mangkhut, so we’re primarily concerned about flooding more than anything. If it floods, it will be disastrous for us…
BEIJING — The Chinese government is no longer allowing foreign adoptions of the country’s children, a spokesperson said Thursday. The only exception will be for blood relatives adopting a child or a stepchild, Foreign Ministry Spokesperson Mao Ning said. She didn’t explain the decision other than to say that it was in line with the…
A Submariner 16800 from 1981, with matte dial and painted markers, represents excellent value today. This very tasty example sold at Phillips Hong Kong Auction this spring after just two bids for around $12,000. If you’re interested in the modern six-digit references with the Cerachom (ceramic) bezel inserts and updated movements, you’ll be pleased to…
Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also today, private equity’s favorite borrowing tool sparks fresh scrutiny. Today’s top stories Home appliance maker Midea Group is…
Takumi Minamino hit a brace and Junya Ito returned with a goal and two assists as Japan demolished China 7-0 at home to begin their 2026 World Cup final-round Asian qualifiers on Thursday. Goals from Wataru Endo and Kaoru Mitoma gave the home team a 2-0 lead at the break at Saitama Stadium, where late…
You probably remember this Tim Walz meme, right? Tim Walz points the stud finder at himself and says “well, looks like it’s working” before putting up a shelf. — Phillip (@MajorPhilebrity) August 7, 2024 Twitter: @MajorPhilebrity The wholesome Tim Walz memes were all over my timeline the other week: I just know Tim Walz could…
SYDNEY, Australia — Chinese home appliance maker Midea Group will launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, according to two sources with direct knowledge of the matter, in the city’s largest deal in more than a year. The sources could not be identified as they…
China, Tanzania, and Zambia signed an initial agreement to revitalize the Tanzania-Zambia Railway Authority on September 4, in an attempt to improve rail-sea transportation in East Africa, according to a report from Reuters. China proposed spending $1 billion to revamp the decades-old 1,156-mile-long railway in February via a public-private partnership model, according to the specialist…
The social network X has been largely inaccessible in Brazil since Saturday, after the country’s Supreme Court ordered all mobile and internet service providers to block the platform. The court order followed a months-long dispute between Judge Alexandre de Moraes and X CEO Elon Musk over the company’s misinformation, hate speech, and moderation policies. With…