Alibaba stock surged to its highest level in nearly four years as the company said it would spend more on AI than it previously anticipated.
Tagged By finance
Trump Weakening US Clout in China’s Backyard, Report Warns
In its released Wednesday, the think tank ranks Washington behind Beijing as the region’s most influential external partner, citing “patchy” diplomacy. China, by contrast, has entrenched itself across …
Could the new China-led SCO development bank rewrite rules of global finance?
The establishment of the Shanghai Cooperation Organization (SCO) development bank would give 10 Eurasian countries an alternative to Western-dominated lenders like the World Bank and IMF, say analysts …
Alibaba stock soars on expected AI spend, Nvidia pact
Alibaba stock surged to its highest level in nearly four years as the company said it would spend more on AI than it previously anticipated.
Trump tariffs live updates: Bessent eyes ‘levers’ in China trade talks; US, India restart negotiations
We have plenty of products that they depend on us for,” Bessent said on Fox Business. He noted aircraft engines and parts, along with certai …
Taiwan Just Pulled Its Chip Card on South Africa–And Beijing Is Watching
Taiwan has moved to restrict chip exports to South Africa, a rare display of economic muscle that could reshape a sensitive diplomatic standoff. Officials in Taipei said pre-approval will now be …
Tech giant Alibaba sees shares rise after CEO pledges AI spending lift
The e-commerce company also launched its largest ever artificial intelligence model, the Qwen3-Max, as AI competition grows between tech firms.View on euronews …
VNET Group (VNET) Secures a 40MW wholesale Order Major Internet Company
VNET Group, Inc. (NASDAQ:VNET) is one of the Best Performing Long Term Stocks According to Analysts. On September 11, VNET Group, Inc. (NASDAQ:VNET) announced securing a 40MW wholesale order from a …
Transcript: China’s economic goals vs the world. With Michael Pettis
Michael Pettis Sure. It’s a growth model that you can trace it way back to the so-called American system of the 1830s and onwards. The more recent version of that model, the sort of high-savings,…
China backs Brazil’s US$125 billion fund to protect tropical forests
The endorsement signals shifting climate finance roles as Beijing positions itself as a provider rather than recipient.
China courts foreign gold reserves to boost global clout
Countries have been snapping up gold as a hedge against mounting geopolitical risks, creating the opportunity for the PBOC to offer a haven for an asset deemed crucial as a buffer to economic shocks.
China’s slowdown explained for 401(k) holders
China’s economic slowdown has raised concerns globally, impacting markets and individual investors, including those with 401(k) retirement accounts. Understanding the nuances of China’s economic shift …
China’s Export Tsunami Could Rewrite Global Trade Before Trump-Xi Showdown
Record surpluses, bargain exports, and a looming tariff truce put investors on edge ahead of South Korea summit.
