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Retailers' early US back-to-school sales hasten peak ocean shipping season
Reuters via Yahoo Finance Canada· 2 days agoRetailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime...
TSMC sees 40% revenue increase in Q2, unveils WaferFoundry2.0 ยท TechNode
TechNode· 2 days agoTSMC on Thursday announced its financial results for the second quarter of 2024, reporting a 40.1% year-on-year revenue increase. The Taiwan-based chip foundry also stated that it has raised ...
Alibaba sees AI talent depart to start own business amid China's unicorn boom
South China Morning Post via Yahoo Finance Canada· 2 days agoAn artificial intelligence (AI) expert is expected to soon depart Alibaba Group Holding and start...
Microsoft outage leaves China largely untouched as tech self-sufficiency campaign pays off
South China Morning Post via Yahoo Finance Canada· 2 days agoAs of 6pm local time, there have been no reports in mainland China of infrastructure breakdowns,...
What do investment banks think of the Chinese Communist Party's long-overdue third plenum?
South China Morning Post via Yahoo Finance Canada· 2 days agoChina's Communist Party has published a communique after wrapping up its four-day closed-door third plenum for its decision-making Central Committee. Investment banks rushed ...
Hong Kong fund strikes another AI deal with Beijing robot maker Galbot to boost industry
South China Morning Post via Yahoo Finance Canada· 2 days agoHong Kong Investment Corporation (HKIC), a HK$62 billion (US$8 billion) government fund, has inked a...
Hong Kong stocks slide as China's third plenum underwhelms, geopolitical angst weighs
South China Morning Post via Yahoo Finance Canada· 2 days agoHong Kong stocks tumbled on Friday after China's third plenum announcement underwhelmed, with investors now awaiting further details about fiscal reforms and steps to boost ...
Morgan Stanley sees gold prices rising over $2,600 by Q4
Investing.com via Yahoo Finance Canada· 2 days agoChina's central bank halted its gold purchases in May after 18 consecutive months, and India's jewelry demand has reportedly softened. In June, gold withdrawals from the & ...
China plenum met with falling Hong Kong stocks, mixed mainland shares
Nikkei Asian Review· 2 days agoKey policy meeting receives lukewarm response as some rue 'missed opportunity'
Eli Lilly's weight loss drug tirzepatide gets approval in China
Reuters via Yahoo Canada News· 2 days agoSHANGHAI (Reuters) -Eli Lilly said in a social media post Friday its weight loss drug tirzepatide...