TOKYO (AP) — Asian shares were mixed Friday after a sharp slide for Walmart helped pull Wall Street off record highs. In Japan, where investors were watching currency swings, the benchmark Nikkei 225 edged up 0.1% in morning trading to 38,719.34. A weak yen is a boon for some export-reliant manufacturers in Japan. In currency…
BEIJING (AP) — The International Olympic Committee has found a sponsor in China to replace long-term commercial partner Panasonic from Japan. TCL was signed to an eight-year, four-Olympics deal through 2032 in the sponsor category of home audiovisual equipment and appliances, the IOC said on Thursday. The value in cash and operational services was not…
HONG KONG — Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China. Alibaba said Thursday that its revenue for the quarter ended December grew 8% to 280.2 billion yuan ($38.38 billion) compared to the same…
Hong Kong’s finance chief is expected to deliver his budget speech on February 26 and is under mounting pressure to balance the books. The Post looks at the dilemmas involved and the political will required to address funding challenges in this series. Updated: 20 Feb, 2025 Source link
The four-day Hong Kong Holiday & Travel Expo 2025 commenced on Thursday (Feb 20) at the Hong Kong Convention and Exhibition Center (HKCEC). As an additional incentive, the first 500 visitors each day will receive a complimentary travel SIM card. The expo features over 300 exhibitors, including popular travel agencies and airlines —…
President Donald Trump said Wednesday he is considering buying used Boeing aircraft — perhaps from an overseas seller — to use as Air Force One when he’s aboard, as he fumes over the U.S. plane-maker’s delays in producing two specially modified ones for presidential use. President Donald Trump said Wednesday he is considering buying used…
Here are five key things investors need to know to start the trading day: 1. New heights The S&P 500 rose 0.24% Tuesday to close at a new record high of 6,129.58. The index also notched a new intraday all-time high, climbing to 6,129.63 when the stock rally picked up its pace just before the…
NORTHERN CAMBRIA, Pa. – Northern Cambria School Board officially ratified the interim superintendent contract Tuesday, setting a schedule and pay for the next four months. The move comes after Alan Johnson was approved to serve in the acting role and selected to step into the position officially come July 1 at the committee meeting earlier…
WASHINGTON (AP) — The heads of four major labor unions on Wednesday called on President Donald Trump to boost American shipbuilding and enforce tariffs and other “strong penalties” against China for its increasing dominance in that sphere. The presidents of the United Steelworkers, International Brotherhood of Electrical Workers, International Brotherhood of Boilermakers and International Association…
Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (NVDA), Super Micro Computer (SMCI), and Advanced Micro Devices (AMD), continued to climb Wednesday. However,…