Latest Updates Around The World
The United States and Taiwan have signed a trade deal that will reduce tariffs on Taiwanese exports to 15% and open the island’s market to American goods. US purchase commitment of $84 billion The new trade deal brings tariffs on Taiwanese exports in line with those of other Asian allies such as Japan and South […]
Alibaba Group Holding Limited (NYSE:BABA) is looking to streamline its logistics and autonomous driving footprint, while its cloud and AI momentum continues to support investor optimism. $2 billion self-driving delivery giant Alibaba is merging its logistics arm’s autonomous driving unit with a Chinese robovan company in a deal that would value the combined business at […]
President Donald Trump signed an executive order Friday blocking a semiconductor deal between the two countries HieFo Corp. And Emcore Corp.citing national security concerns related to China. Trump said there is “credible evidence” that “HieFo Corporation, a corporation organized under the laws of Delaware (HieFo) and controlled by a citizen of the People’s Republic of […]
The company hopes to become Hong Kong’s first listed animal hospital chain, hoping investors will overlook its weak performance figures Key Takeaways: Ringpai has applied for a Hong Kong stock exchange listing, reporting a cumulative loss of 450 million yuan in the past three years The animal hospital operator continued to bleed red ink in […]
Two NATO intelligence services have reportedly raised suspicions about Russia’s possible development of an anti-satellite weapon intended to Elon Musk‘s Starlink constellation, a move that could impact Western dominance in space. Russian pellet weapon threat to Starlink Russia is developing a so-called “zone effect” weapon designed to flood Starlink’s orbits with hundreds of thousands of […]
The White House unveiled a 33-page report on Thursday National Security Strategyfocusing on the areas that the President has Donald Trump makes it a priority to keep America strong and globally dominant. The plan sets ambitious economic goals, aiming to grow the U.S. economy from $30 trillion in 2025 to $40 trillion by the 2030s, […]
The Chinese e-commerce giant JD.com (NASDAQ: JD) shares rose after it reported fiscal third-quarter results on Thursday. The company reported quarterly revenue growth of 14.9% year-over-year (Y/Y) to $42.01 billion, surpassing analysts’ consensus estimate of $41.33 billion. JD posted adjusted net income per ADS of 52 cents, beating analysts’ consensus estimate of 34 cents. Also […]
The semiconductor packaging and testing services provider has filed for a Hong Kong listing, capitalizing on China’s strategic focus on the chip industry Key Takeaways: Revenue growth has slowed sharply and the company is still in the red, which could limit its market valuation The company is backed by Xiaomi and Taiwanese chipmaker MediaTek They […]
The glass display maker is betting big on AI glasses and embodied intelligence as its next big growth drivers Key Takeaways: Lens Technology reported that third-quarter revenue reached 207 billion yuan, up 19.3% year-on-year The glass display maker is investing heavily in AI wearables and embodied intelligence as new growth drivers Twenty years ago, a […]
Economist Peter Schiff pushed back against the Minister of Finance Scott Bessent comments on US-China trade, saying Beijing’s decision to reduce its dependence on US markets will strengthen its economy, not weaken it. Bessent ‘Has it backwards’ On Wednesday, Schiff said in a post on “Selling to customers who can actually afford to pay is […]
