The S&P 500 advanced to its highest closes since 2023 began, as Wall Street digested a recent rally that led the broad index to its highest level in nine months.
Monthly Archives For June 2023
Analysis: For Musk and other foreign CEOs visiting China, silence is golden
A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon have made their way to a reopened China in the last few months.
China’s stimulus could focus on its ‘dire’ property sector. Here’s what economists expect
Nomura’s Chief China economist Ting Lu said “the situation of China’s property sector appears dire” but the bank isn’t expecting a “bazooka” stimulus package. Weak economic data out of China despite …
Ozempic is taking China by storm. Drugmakers are scrambling to boost supplies
Ozempic, originally a medication for treating diabetes, is in high demand worldwide with celebrities and social media users touting it as a miracle drug for weight loss. Now the frenzy is sweeping …
‘These jobs can be respectable too’: Why youths in China are abandoning white-collar jobs for ‘light labor’
“Since we have accumulated a certain level of GDP and economic foundations … young people want to feel individualism,” says one professor.
China is building the most powerful warship radar on record: scientists
Peer-reviewed paper says Earth’s curve can affect the line of sight but boost in capability could give PLA major advantage New-generation system can suppress adversaries with output power peaking at …
Amundi’s China Head Sets Sights on $25 Trillion Pension Prize
After a roller-coaster year in China in which Amundi SA still eked out a profit, Europe’s biggest money manager is eying a more stable prize: a slice of the fledging pension market that may one…
JPMorgan CEO after overseas visit: China “not a 10-foot giant”
FOX Business caught up with JPMorgan Chase CEO Jamie Dimon on Capitol Hill Tuesday to ask about his trip to China and the state of U.S.-China relations.
Cyber key front in mounting US-China tensions
Welcome to The Hill’s Technology newsletter{beacon} Technology Technology The Big Story Cyberspace plays integral part in rising US-China tensionsThe growing tensions between …
Musk Says China Is Gunning For AI Dominance: Analyzing The US Stance On Regulation
CEO Elon Musk said that China is planning to execute further government regulations on Artificial Intelligence technology. In April, the Cyberspace Administration of China released a draft called …
Silence of China’s central bank adds to risks facing economy
PBOC should remember key lesson from Japan’s ‘lost decade’ …
The Late Arrival Of Foreign Competition In China’s Payments Market
As recently as four years ago, we might have said otherwise, but then the pandemic happened, and China’s economy slowed down more quickly than anyone expected. While the Chinese economy is now …
China’s Missing Politburo Statements Fan Diminishing Data Fears
(Bloomberg) — As investor concern grows over an information crackdown in China, another key data source has become … With LIV Golf SEC’s Coinbase Lawsuit Heralds Deepening US Crypto Crackdown Apple …
