Month: October 2024

CNN

Nvidia and Apple provider TSMC shares pop after quarterly revenue soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

CNN

China experiences third-quarter GDP development of 4.6%, barely beating expectations

Beijing has faced public scrutiny over its ability to meet its own annual growth target of “around 5%.”

CNN

China studies better-than-expected retail gross sales and industrial manufacturing knowledge

The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

CNN

IMF chief warns ‘not but time to rejoice’ as low progress and excessive debt weigh on international financial system

The head of the International Monetary Fund cautioned on Thursday that high government debt and low growth remained major impediments to the global economy.

CNN

Hong Kong chief publicizes measures to handle housing disaster in annual coverage deal with

Hong Kong Chief Executive John Lee announced a series of measures aimed at addressing the city’s housing affordability crisis during an annual policy address.

CNN

Tokyo Metro’s IPO might propel the Japanese market as traders search China alternate options

“We think they’re offering very, very good value,” Mio Kato, founder of LightStream Research, told CNBC.

CNN

UK commerce offers with India and Gulf nations are ‘the precedence,’ enterprise minister says

The U.K. said Monday that securing deals with India and Gulf nations remains “the priority” for Labour’s free trade agenda, with talks between Britain and the Gulf Corporation Council expected to resume as soon as next week.

CNN

Hyper-local vs. hyper-focused: Two China ETFs go on totally different paths

While the Rayliant Quantamental China Equity ETF dives into specific regions, the new Roundhill China Dragons ETF focuses on the country’s biggest companies.

CNN

International commerce in danger as tensions escalate in South China Sea

Rising naval tensions in the South China Sea are increasingly posing risks to some of the world’s most vital shipping lanes, experts warn.

CNN

Nobel Peace Prize 2024 awarded to Japanese atomic bomb survivor group Nihon Hidankyo

Japanese atomic bomb survivor organization Nihon Hidankyo won the Nobel Peace Prize on Friday.