The Shanghai stock market soared following the announcement of an economic recovery plan, but then ran out of steam. It’s a symbol of the Chinese people’s wavering confidence amid mounting crises and Xi Jinping’s grab for absolute power. Source link
Broadcom (AVGO) stock rose Wednesday after the chipmaker and infrastructure software provider announced new products ahead of a big annual technology conference next week. AVGO stock notched a record high on the news. The Palo Alto, Calif.-based company on Tuesday previewed data center gear for artificial intelligence systems that it will show at the 2024…
As Beijing continues to ramp up military pressure on Taiwan, a new opinion poll, released Wednesday, says most Taiwanese believe China is unlikely to launch an attack on the island in the next five years. A majority also say they would be willing to defend Taiwan if that was to happen. China’s leader, Xi Jinping,…
Just when Honda’s restrained approach to the EV rush of the early 2020s was more or less vindicated, the company showed a wild looking pair of EV concepts at last year’s CES. The company said at the time that the 0 Series cars represented a rebirth, or a fresh start for the company; a Honda 2.0,…
HONG KONG, Oct. 9, 2024 /PRNewswire/ — OSL Group (863.HK), Hong Kong’s only publicly listed company fully dedicated to digital assets, along with Hong Kong’s leading asset manager China Asset Management (Hong Kong) (“China AMC (HK)”) and Hong Kong’s one-stop comprehensive financial services provider Solowin Holdings (SWIN.US) (“Solowin”), is pleased to announce its participation as…
After Hurricane Milton crosses Florida Wednesday and Thursday, you may find yourself navigating a new set of challenges — some of them life-threatening. Here’s how to deal with a few situations you may encounter. I’m stuck in my home or neighborhood. What do I do? City and county officials have warned that law enforcement will…
New York Jets quarterback Aaron Rodgers has strongly rebuked suggestions he was involved in the decision to fire head coach Robert Saleh. The Jets stunned the NFL world on Tuesday by dismissing Saleh from his post just two days after the team’s 23-17 defeat to the Minnesota Vikings at Tottenham Hotspur Stadium. Saleh’s departure came…
A newly released tranche of documents shows senior Biden-Harris administration officials gained pointers from British “disinformation” officials about partnering with social media companies and establishing an all-of-government effort for fighting disfavored content that includes elections and COVID-19. The revelation, which comes as Congress investigates potential censorship efforts by the executive branch in the lead-up to the…
Shanghai stocks plummeted 6.6 percent on Wednesday, marking their worst single-day drop since February 2020. The steep decline came as investors grew frustrated with the Chinese government’s failure to deliver more robust economic stimulus. Shanghai Composite’s fall, compounded by an 8.6 percent slump in Shenzhen stocks, followed a brief surge earlier in the week driven…
Reuters reports that Cerebras is expected to delay its planned IPO due to complications with a U.S. government review of a minority investment from the UAE-based company G42. The review, conducted by the Committee on Foreign Investment in the United States (CFIUS), is focused on potential national security risks associated with G42’s involvement. The CFIUS is investigating…