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Month: June 2023

Posted on 02/06/2023

Asia stocks rally, led by Hang Seng on debt-ceiling deal approval, hopes Fed is done with rate hikes

Asian stock markets followed Wall Street higher on Friday ahead of an update on the U.S. jobs market after a debt-ceiling deal was approved and Fed officials ignited hopes over a rate hike pause. ( read original story ...)

Posted on 02/06/2023

Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes

Wall Street's benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail activity weakening. That added to hopes the Fed might decide upward pressure on prices is easing ... ( read original story ...)

Posted on 02/06/2023

Nvidia CEO Jensen Huang may visit Shanghai on June 6 – Shanghai Securities News

Nvidia Corp Chief Executive Jensen Huang may visit Shanghai on June 6, the Shanghai Securities News reported on Friday. ( read original story ...)

Posted on 02/06/2023

Huawei spin-off Honor steps up chip development with new design unit in Shanghai

The subsidiary's business scope includes chip design and AI software development, public information shows The move comes fresh on the heels of the closure of rival Oppo's chip design team, which laid ... ( read original story ...)

Posted on 02/06/2023

Tesla’s Elon Musk praises Shanghai workers’ ‘amazing’ work as he wraps 3-day China trip

Tesla CEO Elon Musk closed out his three-day trip to China with a visit to his company's Gigafactory in Shanghai, where he addressed hundreds of employees. ( read original story ...)

Posted on 01/06/2023

Musk Asked to Boost Investment in Shanghai by Top Party Official

The top Communist Party official in Shanghai encouraged Elon Musk to boost investment in the financial hub when they met on Thursday. ( read original story ...)

Posted on 01/06/2023

China welcomes Tesla to introduce new products, technology in Shanghai

BEIJING, June 1 (Reuters) - China welcomes Tesla Inc to introduce more new products and new technology in its financial hub Shanghai, the city's Communist Party Secretary Chen Jining said on Thursday. ( read original story ...)

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