China AI Model Stocks’ $150 Billion Drop Shows No Sign of Easing
There’s no end in sight for the selloff in China’s artificial intelligence model developer stocks, with competition growing ever more heated and the threat of rival listings next year.
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China-made cancer drug to go on sale in US after Americans travel to buy it
Global pharmaceutical firm AstraZeneca said on Thursday it would start selling a cancer drug after coming under criticism for failing to bring it to the US market faster, prompting some Americans to fly to Shanghai to procure the potentially life-saving medicine first developed by China. In rece...
Magnitude 7 earthquake kills 16 people in China’s Tibet, Xinhua reports
The powerful earthquake has injured 32 others so far, local medics report.
Strong earthquake strikes China’s remote Tibet region
At least 16 people have died and dozens more have been injured after a major earthquake measuring 7. 0 on the Richter scale shook China’s remote Tibet region on Thursday, state media said. Hundreds of houses collapsed in the tremor.
Canadian Data Cast Doubt on China-US Bond ‘Conspiracy,’ NBF Says
Some bond-market watchers believe China is disguising the full extent of its ownership of US debt by holding hundreds of billions of dollars of securities through accounts in Canada. That idea is off base, according to research from one major Canadian bank.
China's Next-Generation Industrial Policy
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Spotify Rallies on Subscribers; Hermès falls on China Sales | Stock Movers
- Shares of Procter & Gamble (PG) moved higher ahead of the US market open after the company's sales and profits beat Wall Street expectations. Organic revenue rose 4% in the first quarter, the fastest growth in three years. - Shares of Spotify (SPOT) rallied after results and forecast spoke t...
Healthcare ETF: China May Control A Key Bottleneck In AI Drug Discovery
Developing story — details emerging. Check the source link for the latest updates.
China’s Unitree Shows Off H2-X Robot With Kung Fu Moves and Rescue Skills
China's Unitree unveils the H2-X humanoid robot with kung fu moves and rescue demonstrations, but questions remain about its autonomy, safety and endurance. The post China’s Unitree Shows Off H2-X Robot With Kung Fu Moves and Rescue Skills appeared first on TechRepublic .
Asian stocks tumble, bitcoin retreats as China enters bear market
Developing story — details emerging. Check the source link for the latest updates.
Rio Tinto and China’s State Buyer Agree Iron Ore Supply Deal
China’s state-backed iron ore buyer and Rio Tinto Group have reached a multiyear agreement on supplies of the steel-making staple, adding to deals that the group has struck with leading global producers.
As Politicians Argue About China, US Patients Find Cutting-Edge Treatment There
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China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme
Developing story — details emerging. Check the source link for the latest updates.
China edge USA to women’s team gold at Gymnastics World Championships
China finished 0. 233 points ahead of the Americans, denying them a chance to win an eighth consecutive team gold.
No purchase, no seats: Starbucks China rolls out new policy
Starbucks says it is improving customers' in-store experience as it competes with homegrown rivals.
China's stock market sinks into bear territory as CSI 300 extends 10-week rout
China's benchmark CSI 300 index has entered bear-market territory, falling 20% from its June peak, as a prolonged selloff in mainland equities deepens.
Alibaba Shares Post Steepest Drop in Two Months on China Curbs
Alibaba Group Holding Ltd. ’s shares suffered their steepest decline in two months as investors fretted over Chinese authorities’ push to tighten product-quality standards and strengthen consumer protection.
China, Russia Signal Resilient Ties Amid US Moves
Bloomberg's Minmin Low says Beijing and Moscow are doubling down on strategic and energy ties following Vladimir Putin’s meetings with US envoy Steve Witkoff, signaling close bilateral coordination amid shifting global diplomacy.
China Stocks Set for Bear Market as AI Trade, Policy Hopes Fade
China’s mainland-listed shares are on track to enter a bear market, dragged down by the lack of substantial fiscal stimulus and earnings disappointment.
Sovereign wealth funds' China and Hong Kong investments surge 190% after a bruising slump
Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.
China Stock Rescue Needs More State Buying to Work, BI Says
China’s national team may need to accelerate stock purchases after the benchmark notched a record losing streak, though state-backed buying alone may not be enough to put the market on a sustained recovery, according to Bloomberg Intelligence.
El Niño Stresses China’s Power Market With Return to Costly Gas
China’s industrial heartland of Guangdong is being forced to turn back to costlier natural gas to meet rising electricity demand, after the El Niño weather pattern curtailed hydropower and wind output.
‘Comrade Raul’: Beijing defends Cuba’s ex-leader over Florida murder warrant
China on Wednesday condemned an arrest warrant issued in the US state of Florida for former Cuban president Raul Castro over the 1996 downing of two civilian planes, accusing the United States of using the courts to pressure Havana. Foreign ministry spokeswoman Mao Ning was asked about the warra...
Citi Targets Top Spot in China as It Awaits Securities License
Citigroup Inc. is counting on securing an onshore securities license in China as the US lender expands operations in the world’s second-largest economy following a string of major consumer exits across Asia.