China’s Baidu says it expects ‘limited’ impact from U.S. chip curbs
“We think the impact is quite limited in the near future,” said Dou Shen, executive vice president and head of Baidu AI Cloud group.
Stick-wielding men smash surveillance cameras at China iPhone plant
Men wielding sticks smashed surveillance cameras and windows at a massive campus owned by Apple supplier Foxconn in Zhengzhou, scenes on social media showed.
Monsoon rains force halt in Indonesia quake rescue efforts
More rescuers and volunteers have been deployed to search for the dead and missing from an earthquake in Indonesia that killed at least 271 people
Credit Suisse projects $1.6 billion fourth-quarter loss as it embarks on strategy overhaul
Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.
Young people just got a louder voice on climate change — and could soon be shaping policy
COP27 was another milestone for young climate activists as they became official climate policy stakeholders under the ACE Action Plan.
China may have ‘passed the point of no return’ as Covid infections soar
Surging Covid infections make it harder for China to achieve zero-Covid without reverting to a harsh lockdown, Macquarie’s Chief China Economist Larry Hu said.
Elon Musk has himself to blame for Twitter’s advertising woes, civil rights groups say
After Elon Musk tweeted that activist groups “broke a deal” with him by encouraging advertisers to ditch the site, civil rights leaders said there was no deal.
As Coinbase shares slide, Morgan Stanley lists major firms with potential FTX exposure
Morgan Stanley has identified a slew of companies with significant exposure to crypto exchange FTX.
Singapore projects GDP growth to ease in 2023 amid global slowdown
The Southeast Asian financial hub is often seen as a bellwether for global growth because international trade dwarfs its domestic economy.
UBS says self-driving cars could become a $100 billion market in China — and names stocks to play it
Autonomous driving will be a “more significant” megatrend than electric vehicles, UBS says, and names several stocks to play it.
