- November 26th, 2024
China’s Minister of Commerce, Wang Wentao, voiced strong objections to the United States' ongoing semiconductor policies and restrictions on Chinese-connected vehicles during a call on Tuesday with U.S. Commerce Secretary Gina Raimondo. At the heart of Wang’s appeal was a...
The United States Justice Department (DOJ) told a federal judge on Tuesday that it is actively considering recommending the breakup of Google to alleviate the harms it claims have been caused by the company's monopolization of the online search market....
Global financial markets witnessed a day of sharp fluctuations on Wednesday, with Chinese shares extending losses and commodity prices struggling to recover. Investors tempered their optimism over China's economic recovery following a lackluster performance from the mainland's stock markets. Meanwhile,...
Aerospace giant Boeing announced that it had officially withdrawn its pay offer to approximately 33,000 striking workers at its West Coast factories. These employees, represented by the International Association of Machinists and Aerospace Workers (IAM), have been on strike over...
Chinese stocks experienced a sharp selloff on Wednesday, triggered by disappointing economic data and uncertainty over Beijing’s commitment to further stimulus measures. The benchmark CSI 300 Index, which tracks the largest companies listed in Shanghai and Shenzhen, plunged as much...
Global Crude Prices Fall Amid Disappointment Over China's Economic Plans, Middle East Tensions Loom Oil prices took a sharp plunge on Tuesday, with global benchmark Brent crude dropping as much as 5.6%, and West Texas Intermediate (WTI) retreating by as...
As the third quarter earnings season begins, all eyes are on JPMorgan Chase and Wells Fargo, the first of the big banks set to report their earnings on Friday. Investors are keenly focused on how these financial giants will forecast...
Timee, Japan's leading gig work platform, held its first earnings call since its much-anticipated listing on the Tokyo Stock Exchange in July. CEO Ryo Ogawa proudly announced robust financial performance, underlined by a 72.6% increase in sales revenue and a...
The US Department of Commerce recently announced an open competition designed to accelerate the discovery of sustainable semiconductor materials using artificial intelligence (AI). This initiative will allocate up to $100 million in funding to projects that leverage AI-driven autonomous experimentation...
Recent steps taken by the Chinese government to rejuvenate the country’s struggling real estate market appear to have generated immediate positive results, judging by the sharp increase in housing sales and buyer interest observed during China’s National Day holiday. However,...
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