If Elon Musk’s 2018 battle for a US$56 billion payday seemed surreal to most average people, then the Tesla board’s proposal to offer him US$1 trillion over the coming decade is nothing short of eye-popping. But Musk’s temerity sits at the heart of an unresolved corporate conundrum amplified by the extraordinary stock market bubble inflating…
The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the Sino-US battle over trade and technology, said he was disappointed about the situation. Jensen Huang said he expected to discuss the issue with US President Donald Trump at a state banquet hosted by the British government that they would…
US President Donald Trump said on Monday that he had personally negotiated a deal with Nvidia chief executive Jensen Huang, letting the tech company sell a lower-end chip in China in exchange for part of those sales revenues being paid to the US government. The highly unusual deal was first reported on Sunday by the…
Huawei Technologies is set to unveil a technological breakthrough that could reduce China’s reliance on high-bandwidth memory (HBM) chips for running artificial intelligence reasoning models, according to state-run Securities Times. The announcement will take place in collaboration with China UnionPay at the 2025 Financial AI Reasoning Application Landing and Development Forum in Shanghai on Tuesday,…
A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out…
Jul 20, 2025 Shares in UK-listed companies may soon be available for trading round-the-clock as the London Stock Exchange Group (LSEG) plans to introduce a 24-hour trading platform. The initiative, which aims to attract overseas investors and younger traders, was reported by the Financial Times and can be read here. The move comes as traditional…
Reports that a senior Pentagon official has been telling America’s European allies to stay away from the Indo-Pacific may be a sign that Washington will ask its Asian allies to shoulder more responsibility for countering China, according to some analysts. The report cited sources who interpreted the Pentagon’s No 3 as “basically saying ‘You have…
A new book contending that Apple Inc went too far in consolidating its operations in China is prompting debate among analysts of the country – some of whom say the company may have had no realistic alternatives. “If they were to have it to do over again, would they have done anything differently?” asked Meg…
So, Hong Kong is not going down the drain after all. What a relief! At least that’s the latest reassessment of Stephen Roach, who is something of a big potato among the China commentariat. Some 16 months ago, the former Morgan Stanley, Asia boss seemed to have finally joined the “death of Hong Kong” brigade,…
Elizabeth Paton The Financial Times has appointed Elizabeth Paton as fashion editor. She will join the FT in August, based in London. Paton succeeds Lauren Indvik who is the newly appointed deputy editor of the FT’s House & Home. Paton will oversee the FT’s coverage of fashion and style, and will write the weekly newsletter…