Hong Kong’s capital market is living up to its role as a “superconnector” between global fund managers and mainland China’s financial markets, with Alibaba Group Holding’s upgraded listing status benefiting investors on both sides of the playing field. Since joining the Stock Connect scheme on September 10, onshore investors have collected 4 per cent of…
Chicago, IL – February 6, 2025 – Today, Zacks Investment Ideas feature highlights Palantir PLTR, Meta Platforms Inc. META, Microsoft Corp. MSFT and Alphabet Inc. GOOGL. Palantir, the artificial intelligence (AI)-powered software platform and data analytics firm, reported robust earnings results for fourth-quarter 2024. The company’s earnings results can be divided into three parts: strong…
“It’s important that we don’t divide the world with numerous tariff barriers,” Scholz said on Sunday after meeting with British Prime Minister Keir Starmer in the U.K. The EU is “a strong economic area and has its own courses of action,” Scholz said. In contrast, German Finance Minister Jörg Kukies urged Europeans to keep calm…
Following a bumpy take-off in 1998, Hong Kong International Airport has been consistently rated one of the world’s best, and justifiably so. It is now aiming even higher with an ambitious HK$100 billion (US$12.83 billion) makeover to become “the landmark of Asia”, with top tourism, cultural, entertainment and commercial facilities unrivalled by any other aviation…
The U.S. president last week unveiled a $500 billion project to build infrastructure needed to cement American AI dominance in the years to come — but the Chinese app’s showing could call into question the efficacy of the investment, as DeepSeek was able to achieve its results at a much lower cost. “The release of…
CAMERON LOUISIANA – JUNE 7: A large liquified natural gas transport ship sits docked in the … [+] Calcasieu River on Wednesday, June 7, 2023, near Cameron, La. (Jon Shapley/Houston Chronicle via Getty Images) Houston Chronicle via Getty Images Shares of liquefied natural gas (LNG) exporter Venture Global, Inc. began trading on the New York…
A Warren Buffet company engaged in international oil trading is shutting down, Reuters has reported, noting that from now on, Pilot Co will focus on fuel retail. Citing several unnamed sources the report said Pilot Co had let almost all of its employees go and refocus on its original business in the United States. Warren…
Vietnam’s electric vehicle manufacturer VinFast enters the Indian market by unveiling two premium electric SUVs, the VF6 and VF7, at the India Auto Show in New Delhi. The move marks VinFast’s strategic expansion into the world’s third-largest car market, challenging local players like Mahindra & Mahindra and China’s BYD. VinFast Asia CEO, Pham Sanh…
An Italian structural composites company has selected Chattanooga for its first U.S. operations facility, investing nearly $3.8 million into the city. According to a statement from Tennessee Governor Bill Lee, Commissioner Stuart McWhorter, and officials from Microtex Composites Inc., the company will create 26 new jobs. Based in Italy, the composites manufacturer has experienced rapid…
Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla’s Interests Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has been accused by Rosa DeLauro of pressuring Republicans to abandon key U.S.-China investment restrictions to safeguard the EV giant’s business interests in China. What Happened: In a letter on Friday, DeLauro, the top…