With much-anticipated trade actions against China absent on the first day of US President Donald Trump’s second term, a chief Citi economist said there are better odds of “delayed, gradual tariffs” being imposed on the world’s second-largest economy in advance of potential direct negotiations between the two countries’ leaders. A slower onset of tariffs on…
The head of US chipmaker Nvidia has pledged to maintain the company’s presence in mainland China despite rising geopolitical tensions, while also highlighting the country’s unique strengths in capitalising on artificial intelligence (AI) and trends that have upended industries from medicine to robotics. Jensen Huang on Saturday also encouraged Hong Kong’s university students to pursue…
The CEO of the largest US chipmaker and market-cap leader, Nvidia, has pledged to maintain its presence in China and stressed the importance of global cooperation, while encouraging Hong Kong’s university graduates to join the company. Jensen Huang was also joined by Hong Kong movie legend Tony Leung Chiu-wai when the pair received their honorary…
New York: US Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down as Wall Street’s top regulator at the end of the Joe Biden administration, he said. “Gensler has been coy about when he planned to leave the SEC but was expected to depart before President-elect Donald Trump is sworn into office. He…
US President-elect Donald Trump announced that Elon Musk will lead the ‘Department of Government Efficiency’ – a position Trump hinted at during his campaign trail. Musk will head the department alongside Indian-American entrepreneur Vivek Ramaswamy. “Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful…
Two sources familiar with the situation told the Post that the ban on the highly controversial Chinese online influencer known for his strong anti-West hot takes was expected to last for a year. Both sources declined to comment on the reason for the ban. “He was banned across the platforms for a year. But I…
Last Updated:November 07, 2024, 11:53 IST Xi Jinping sent out a congratulatory message for Donald Trump, batting for dialogue and communication to manage differences. Chinese President Xi Jinping and US President-elect Donald Trump (AP File Photo) Chinese President Xi Jinping on Thursday extended a congratulatory message to US President-elect Donald Trump over his poll victory…
“Trump’s pro-crypto stance is expected not only to invigorate the US virtual-asset industry, but also to encourage Hong Kong to further relax its own virtual-asset policies in its quest to become a global Web3 hub,” said Livio Weng, chief executive of Hong Kong-based cryptocurrency trading platform HashKey Exchange. “This shift could also positively influence regulatory…
Trump Media & Technology Group Corp., the parent company of the former president’s Truth Social platform, jumped more than 15 per cent on Tuesday as voters head to the polls. The stock, which trades as the ticker symbol DJT, is notoriously volatile and is broadly considered a meme stock. The former president’s odds improved in…
Philadelphia, United States: Kamala Harris and Donald Trump made their final case Monday in the hours before Election Day, when voters will either choose America’s first woman president or hand the Republican an unprecedented comeback likely to rattle the world. With polls showing a dead heat, Trump promised to lead the United States to “new…