[The content of this article has been produced by our advertising partner.] Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong International Optical Fair takes place from 6-8 Nov at the Hong Kong Convention and Exhibition Centre, gathering more than 700 global exhibitors from 17 countries and regions. The fair includes group…
LONDON — The European Union is investigating Chinese online retailer Temu over suspicions it’s failing to prevent the sale of illegal products, the 27-nation bloc’s executive arm said on Thursday. The European Commission opened its investigation five months after adding Temu to the list of “very large online platforms” needing the strictest level of scrutiny…
Check out the companies making headlines before the market open. Carvana – Shares surged more than 19% on the heels of a third-quarter earnings and revenue beat . For the period, Carvana earned 64 cents per share on $3.65 billion in revenue, above the 25 cents per share and $3.45 billion that analysts surveyed by…
China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe. The new European Union tariffs of up to 45.3% came into effect on Wednesday after a year-long investigation that divided the…
U.S. Treasury Secretary Janet Yellen has joined several independent economists to express her frustration about low consumer spending and the property crisis in China. Some experts have expressed disappointment over Beijing’s limited measures to stimulate consumer spending, which is one of the biggest hurdles in the Chinese economy. “Our view has been that raising consumer…
[The content of this article has been produced by our advertising partner.] The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) have a combined population of approximately 86 million people. Its diverse economy includes technology, finance, manufacturing, and logistics, and it has emerged as a global innovation and technology hub. The GBA boasts advanced infrastructure, including extensive…
Dow Jones futures edged lower overnight, while S&P 500 futures and Nasdaq futures fell slightly. Microsoft (MSFT) and Meta Platforms (META) beat Q3 views, but shares declined on guidance. Robinhood Markets (HOOD), Coinbase (COIN), MicroStrategy (MSTR), DoorDash (DASH), GoDaddy (GDDY) and Ryan Specialty Holdings (RYAN) were among the other notable earnings after the close. ↑ X…
Check out the companies making headlines in extended trading: Microsoft — The technology giant slid nearly 4% after its revenue guidance for the fiscal second quarter disappointed investors. Microsoft’s outlook called for revenue to range between $68.1 billion to $69.1 billion. Analysts polled by LSEG sought $69.83 billion. Booking Holdings — Shares of the online…
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Anna Moneymaker | Getty Images Some economists and global policymakers were once big fans of “shock therapy” – a massive cutting of federal budgets among deeply…
[The content of this article has been produced by our advertising partner.] Rocket science has been synonymous with what is impossibly difficult, until now. In a new STEM education initiative, Hong Kong students will be trained to design 15 nanosatellites. In 2025, a rocket is scheduled to transport these satellites into orbit. Organised by Hong…