Taiwan's Taiex sank 3.3% as it reopened after markets there were closed Thursday due to a typhoon. It was catching up with the retreat Wednesday, which was the S & P 500's worst loss since 2022. ( read original story ...)
Stock Market News Today, 7/26/24 – Futures Rise Ahead of Key Inflation Data
U.S. futures inched higher on Friday morning as investors awaited the release of the U.S. Personal Consumption Expenditures (PCE) data, the ( read original story ...)
China reaches 3.92 million 5G base stations by end-June
G subscribers in China increased by 105 million from the end of 2024 to reach 927 million as of the end of June ... ( read original story ...)
Shanghai launches $13.8 bln in funds to boost integrated circuit, biomedicine, AI sectors
China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. ( read original story ...)
US companies remain confident in Shanghai’s business environment
Despite economic and geopolitical challenges, US companies remain committed to their investments in Shanghai, said Eric Zheng, president of the American Chamber of Commerce (AmCham) in Shanghai. ( read original story ...)
Shanghai launches $13.8 billion in funds to boost integrated circuit, biomedicine, AI sectors
China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. The fund for ... ( read original story ...)
Shanghai’s retail sales sink, revealing weak link in China’s consumption
As China attempts to boost domestic consumption, financial hub Shanghai has reported a notable decline in retail sales for June, showing some weaknesses have persisted. ( read original story ...)