(Bloomberg) — Chinese stocks capped another strong week of gains, intensifying a debate over the fate of a rally that’s defied the nation’s economic troubles to add $1.3 trillion in market value just this month. Turnover for the onshore market climbed to a record this month as the benchmark CSI 300 Index (000300.SS) rose for…
One kilogram gold bars. Photographer: Brendon Thorne/Bloomberg (Bloomberg) — Gold steadied after a two-day gain as investors waited for a US inflation report that’ll shed light on the path for interest rates, while assessing continued threats to the Federal Reserve’s independence. Bullion held just below $3,400 an ounce, with traders looking ahead to Friday’s US…
A statue of a bull in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Aug. 18, 2025. A gauge of Shanghai-listed stocks closed at its highest level in a decade, as cash-rich local investors plow into a market that has surged amid easing trade tensions with the US. Photographer: Raul Ariano/Bloomberg (Bloomberg) — A…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
This article first appeared on GuruFocus. Apple (AAPL, Financials) is in early discussions with Google parent Alphabet (GOOGL, Financials) to use its Gemini artificial intelligence model in a redesigned version of Siri, Bloomberg reported Friday, citing people familiar with the matter. Alphabet’s shares gained 3.7% and Apple rose 1.6% in afternoon trading following the report….
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
Sam Altman (Bloomberg) — Credit investors are pouring billions of dollars into artificial intelligence investments, just as industry executives and analysts are raising questions about whether the new technology is inflating another bubble. Most Read from Bloomberg JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group are leading the sale of a more than $22…
Hong Kong’s Immigration Department declined to comment on the “individual case” when reached by AFP, adding that it “acts in accordance with the laws and policies in handling each immigration case”. The Foreign Correspondents’ Club Hong Kong said Friday it was “deeply concerned” over the incident and it understood that authorities did not give any…
In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu report that more Chinese companies opted to list in Hong Kong in the first eight months of 2025 than in New York. Hong Kong has overtaken the US as the new listing venue for Chinese…
Tankers in Spain Photographer: DeAgostini/Getty Images (Bloomberg) — The US sanctioned a Greek shipper and two Chinese port-terminal operators that it said facilitated the transport of Iranian oil, broadening a so-called maximum pressure campaign against Tehran. Antonios Margaritis was designated, along with a web of companies overseen by him in Greece and the Marshall Islands,…