US Consumer Spending Rises Firmly Despite Stubborn Inflation
US consumer spending rose in July by the most in four months, indicating resilient demand in the face of stubborn inflation.
Read more...
Alibaba misses revenue estimates, but AI boosts cloud business
China's Alibaba , missed market estimates for quarterly revenue on Friday as the company's e-commerce business grappled with tough competition and choppy consumer demand,...
China’s ‘little Nvidia’ warns investors of risks after stock gains 533% in a year
Beijing-based AI chipmaker Cambricon Technologies, widely seen as a potential alternative to Nvidia in the Chinese market, has issued a rare warning about supply...
Congress Already Knows How to Help Ukraine
In an ideal world, the US would back Ukraine to the hilt. In this world, it could at least help Ukraine as it has...
Hong Kong stocks rise ahead of earnings reports from heavyweights Alibaba and ICBC
On Friday, the Hang Seng Index closed 0.3 per cent higher at 25,077.62, ending the month with a 1.2 per cent gain despite losses...
