Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major technology stocks like Meta Platforms and Microsoft fell after their latest earnings as Wall Street was spooked by their mounting expenses and AI spending. With election-related uncertainties and the need for portfolio diversification, dividend stocks remain in…
Eric Beiley, executive managing director of The Beiley Group at Steward Partners, spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check out the transcript below. The transcript of this conversation has been lightly edited for length and clarity. ANDY MILLS (AM): It could be a…
The U.S. Treasury Department issued a new rule this week seeking to limit U.S. investments in China for military technology. On Monday, the Treasury Department announced a new rule aimed at restricting and monitoring American investments in China’s artificial intelligence, semiconductor, and quantum computing sectors. The move is part of an effort to prevent the…
PALO ALTO, California — The U.S. has finalized rules to restrict certain American investments in mainland China, Hong Kong and Macao in high-tech sectors including artificial intelligence, semiconductors and quantum technology. The final rules, published by the Department of the Treasury on Monday, prohibit U.S. individuals from making certain transactions related to semiconductors and microelectronics,…
“The total value of business in China for Finnish companies is estimated to be more than 20 billion euros per year,” a 2023 report from the Finnish Ministry for Foreign Affairs said, which labeled China as “one of our most important trade partners.” “Chinese investments play the largest role in Finland compared to any other…
At Indonesia’s first electric vehicle battery plant, the first in Southeast Asia, rows of robotic arms precisely move to assemble nickel-based battery cells on the production line. After being chosen by a joint venture of South Korea’s Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it…
Hong Kong will become more aggressive in luring investors who can help develop start-ups as the city seeks to diversify the economy and boost the innovation and technology (I&T) sector, the Post has learned. Sources told the Post that city leader John Lee Ka-chiu would announce changes to how the HK$2 billion (US$257.4 million) Innovation…
Asia-Pacific’s private capital sector could get support from Chinese government stimulus as well as greater development of other financial markets in the region, according to data provider Preqin. China’s contribution to the region’s market for private capital has tumbled significantly in recent years, but stimulus measures and reforms from Beijing could spark a turnaround, said…
Digest – Stocks gained yesterday as crude crumbled, and gold lost some of its shine. Another quiet docket awaits today, highlighted by minutes from the September FOMC meeting. Where We Stand – A bit of an odd one for markets, yesterday, as most of Monday’s moves were unwound across the board, despite a dearth of…
The Hong Kong government’s latest offering of HK$50 billion (US$6.4 billion) in so-called Silver Bonds received a positive response as it opened for subscription on Monday, according to bank managers. The bonds, for buyers 60 years of age and above, proved popular as they offer guaranteed returns of 4 per cent per year while allowing…