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Why China Isn’t Reacting Swiftly to Economic Slowdowns Despite Mounting Global Concerns

Sep 22, 2024 14:37 pm UTC| Business Economy

Despite weakening economic data, Chinas leadership remains measured in its response, prioritizing long-term growth over immediate stimulus. President Xi Jinpings focus on advanced manufacturing and green energy has led to...

U.S. Invests $3 Billion to Boost Domestic EV Battery Production, Reduce Reliance on China

Sep 21, 2024 20:32 pm UTC| Economy

The U.S. Department of Energy is allocating $3 billion to 25 projects across 14 states to enhance domestic electric vehicle battery production. This move aims to shift production away from China and create 12,000 jobs,...

Yen Weakens After Bank of Japan Signals Delayed Rate Hikes Amid Global Uncertainty

Sep 21, 2024 18:19 pm UTC| Business Economy

Following Bank of Japan Governor Kazuo Uedas cautious remarks on future rate hikes, the yen weakened to 143.50 against the dollar. Investors interpreted Uedas comments as a sign that the BOJ may delay tightening monetary...

닛폰제강, 미 철강 인수 속 부채 관리 위해 2억1100만 달러 자산 매각

Sep 21, 2024 11:46 am UTC| Economy Business

로이터통신에 따르면 닛폰제강이 부채 관리를 위해 올해 회계연도에 최소 300억 엔(2억1100만 달러) 상당의 자산을 매각할 계획이라고 닛케이가 금요일 닛폰제강 부회장을 인용해 보도했다. 이는 149억 달러 규모의 미 철강 인수 제안의...

독일 주택 가격 2분기 하락, 안정세 조짐

Sep 21, 2024 11:46 am UTC| Economy

독일 주거용 부동산 가격이 2분기에도 하락세를 이어갔으며, 전년 동기 대비 평균 2.6% 하락했다고 금요일 연방 통계청 데이터가 밝혔다. 그러나 일부 안정화 조짐도 보이고 있다. 최근 몇 분기 동안 연간 하락폭은 점차 둔화되었으며,...

Global Geopolitics Series

이탈리아, 우크라이나에 추가 미사일 방어 시스템 지원 예정 - 외무장관

Sep 21, 2024 11:45 am UTC| Economy

이탈리아가 우크라이나에 또 다른 Samp-T 미사일 방어 시스템을 지원할 예정이라고 안토니오 타야니 외무장관이 목요일 밝혔다. 그는 그러나 러시아와의 전쟁에 휘말리지 않도록 주의해야 한다고 강조했다. 타야니 장관은 Radio 24와의...

화웨이 '슈퍼 팬들', 2800달러 스마트폰 출시 행사서 구매 실패에 분노

Sep 21, 2024 11:22 am UTC| Economy Business

화웨이의 기대를 모았던 2800달러짜리 모델이 일반 고객에게는 판매되지 않아 많은 팬들이 실망감을 드러냈다. 이 모델의 가격은 아이폰 16 프로 맥스의 두 배가 넘는다. 중국 남부 선전에 위치한 화웨이 플래그십 매장에서는 슈퍼...

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Economy

Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion

Gold prices extended their decline on Tuesday, falling to their lowest level of the year as investors reacted to growing expectations that the U.S. Federal Reserve could raise interest rates again amid persistent...

RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists

The Reserve Bank of Australia (RBA) remains prepared to raise interest rates again if inflation risks intensify, according to the minutes of its June policy meeting released on Tuesday. The central bank emphasized that it...

Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data

Asian stock markets traded cautiously on Tuesday as investors wrapped up a remarkably strong second quarter, while a stronger U.S. dollar pushed the Japanese yen to its weakest level in four decades amid shifting...

China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth

Chinas manufacturing sector posted modest growth in June, with factory activity slightly exceeding market expectations as stronger export demand and continued investment in artificial intelligence supported production....

Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market

Gold prices declined sharply on Monday despite a weaker U.S. dollar, as renewed Middle East tensions and expectations for higher U.S. interest rates continued to pressure the precious metal. Investors also shifted their...

Politics

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Russian Attacks on Dnipro, Zaporizhzhia, and Kharkiv Kill 10 as Ukraine Vows Response

Russian missile and drone attacks on three major Ukrainian cities killed at least 10 people and injured dozens on Monday, Ukrainian officials said, as strikes continued throughout the day and emergency crews searched...

Maria Corina Machado Vows Return to Venezuela After Earthquakes Despite Obstacles

Venezuelan opposition leader Maria Corina Machado said on Monday that she is prepared to do whatever it takes to return to Venezuela and assist with recovery efforts following the devastating back-to-back earthquakes that...

Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles

U.S. President Donald Trump signed a new memorandum on Monday supporting Americans right to repair their own vehicles, reinforcing efforts to expand consumer access to vehicle maintenance while highlighting ongoing debates...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...

Australia Sues Amazon Over Prime Video Ads and Subscription Terms

Australias competition watchdog has launched legal action against Amazon.com Inc. (NASDAQ: AMZN), alleging the company violated Australian consumer law by using unfair contract terms to introduce advertising on its Prime...

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...
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