- November 26th, 2024
Chinese Stocks Rebound, Markets Weigh Xi Jinping’s Long-Term Vision Against Immediate Stimulus Needs
Chinese stocks are showing signs of recovery, but investors are now wrestling with a familiar dilemma: the tension between President Xi Jinping’s long-term policy ambitions and the market's appetite for short-term stimulus. This conflict has resurfaced as Beijing seeks to...
China’s latest stimulus measures, aimed at stabilizing its faltering property market, may provide short-term relief, but long-term economic growth prospects are less promising, according to Mark Delaney, Chief Investment Officer (CIO) of AustralianSuper, Australia’s largest pension fund. Delaney, speaking at...
In the growing energy needs of its artificial intelligence (AI) data centers, Google has signed a deal with Kairos Power, a nuclear energy startup, to employ small nuclear reactors as a clean and reliable power source. The agreement marks a...
In a dramatic effort to unlock shareholder value and ward off an aggressive $47 billion takeover bid from Canadian giant Alimentation Couche-Tard Inc., Seven & i Holdings Co., the Japanese retail conglomerate behind the global 7-Eleven chain, is reshaping its...
In a striking turnaround, Greece has sold off the majority of its holdings in the banking sector over the past year. This aggressive program, which has brought in €3.5 billion ($3.8 billion), is part of a broader movement across Europe,...
In a landmark report released on Tuesday, the International Monetary Fund (IMF) warned that the world’s total public debt is set to exceed $100 trillion for the first time in history this year, marking a significant shift in global financial...
The United States government is in the early stages of deliberating a significant shift in its export control policies, particularly focusing on limiting the sale of advanced artificial intelligence (AI) chips from companies like Nvidia to specific countries. According to...
The artificial intelligence (AI) industry, Microsoft has lost one of its top AI experts, Sebastian Bubeck, who has moved to OpenAI. Bubeck, previously serving as Microsoft's Vice President of Generative AI Research, is recognized as one of the leading minds...
The Pacific Islands, long seen as a diverse and dynamic region full of promise, face a troubling economic outlook in 2024. The World Bank's latest report highlights a sharp slowdown in growth, projecting a regional GDP increase of only 3.6%...
Iron ore prices experienced a decline as investors redirected their attention from China’s plans for economic stimulus toward global supply prospects. The shift comes amid a series of quarterly production reports from some of the world’s largest mining companies, including...
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