Published on 17/07/2026 – 12:03 GMT+2 China’s President Xi Jinping used a major AI summit on Friday to push back against US technology restrictions, calling for artificial intelligence to be developed and governed as a global effort rather than dominated by any single country. ADVERTISEMENT ADVERTISEMENT Speaking in Shanghai, Xi warned against what he called…
China and Hong Kong stocks could deliver nearly 20 per cent gains in 2026, supported by resilient global growth, improving earnings and easing competition among e-commerce giants, according to JPMorgan. The bank expected the MSCI China Index to rebound further as valuations normalised and Beijing’s push to curb excess capacity boosted profitability across key sectors,…
China and Hong Kong stocks could deliver nearly 20 per cent gains in 2026, supported by resilient global growth, improving earnings and easing competition among e-commerce giants, according to JPMorgan. The bank expected the MSCI China Index to rebound further as valuations normalised and Beijing’s push to curb excess capacity boosted profitability across key sectors,…
Asian equities slipped on Wednesday as investors took a step back following recent gains, while gold and silver tumbled for a second straight day, halting their recent rally. The pullback came after US President Donald Trump suggested that a planned meeting with Chinese President Xi Jinping might not go ahead. Markets in Hong Kong, Shanghai,…
International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that she said would have a “material impact” on growth. Such a scenario would exacerbate uncertainty and hurt an already weakened global…
The Dutch government has taken control of the Chinese-owned chip company Nexperia after pressure from Washington, a move underscoring how countries find themselves between the United States and China in the race for technological advantage. The Nijmegen-based company specializes in low-end chips for consumer electronics, automotive, and industrial sectors and has manufacturing facilities in Germany…
Oct 14, 2025 2:33 PM IST US Stock Market Live Updates: Why Are Michelin Shares Down 9% Michelin shares fell after the tiremaker lowered its financial guidance for the year following a bigger-than-expected sales slump in North America. The stock declined as much as 11% in Paris on Tuesday, the steepest intraday drop in more…
Beijing is stacking up its bargaining chips ahead of expected U.S.-China talks when Presidents Donald Trump and Xi Jinping visit Seoul this month, announcing new export controls to tighten its grip over high-tech manufacturing supply chains. The two superpowers look to be struggling to move beyond their current tariff truce – a 90-day pause from…
Published on 03/09/2025 – 12:46 GMT+2 ADVERTISEMENT Washington has revoked Taiwan Semiconductor Manufacturing Company’s (TSMC’s) authorisation to freely ship essential equipment from the US to China. The removal of the “validated end user” status, effective on 31 December, follows the Trump administration’s recent decision to restrict shipments from Samsung and SK Hynix to China. The…
BlackRock, the world’s largest asset manager, has imposed new restrictions on company-issued devices for employees traveling to China, requiring staff to use temporary loaner phones and prohibiting company laptops during business trips, according to Bloomberg News and Reuters reports.The financial giant detailed the “policy enhancement” in an internal memo effective July 16, barring the use…