Hong Kong and Singapore have crossed swords over their ambitions to be the world’s gold trading hub, but experts say the city holds an advantage over its Southeast Asian rival, citing its access to mainland China’s robust market. As Hong Kong pushed ahead with measures to create an ecosystem for gold trading – highlighted as…
The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts. Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s…
Li Auto Inc. (NASDAQ:LI) is one of the best high growth consumer stocks to buy now. On August 14, JP Morgan downgraded Li Auto Inc. (NASDAQ:LI) from a Buy to a Hold, while also reducing the price target on the company from $33 to $28. However, despite the cut, the implied upside on the Chinese EV…
Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and…