Japan’s stock rout shows a ‘fundamental shift’ is underway, Goldman Sachs’ equity strategist says
On Friday itself, the Nikkei 225 and the Topix indexes saw their worst days since March 2020, falling more than 5%, according to Factset data.
Why all semiconductor firms are not benefiting from the AI boom like Nvidia has
Not all chip firms are benefiting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain.
Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options
The strong deliveries reflected Chinese consumers’ persistent concerns about relying only on a battery for driving.
China’s first university degree in marriage offers courses like matchmaking and pre-divorce counseling
Modules will include sociology, wedding venue design, family ethics, the economics of the marriage industry and family policies.
U.S. recognizes Maduro’s opponent as winner in Venezuela election
The U.S. recognized Edmundo Gonzalez as the winner of Venezuela’s disputed presidential election, rejecting President Maduro’s victory claim.
Hydrogen-powered planes are on the way – but how would they work?
As the aviation industry scrambles for ways to reduce its carbon footprint, hydrogen has emerged as a high-potential solution to its problems. So, how would the technology work?
Daily Open: U.S. stocks fall; 10-year Treasury yield drops below 4%; Apple beats Street while Amazon falters
U.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown.
China securities official expected to lead Shenzhen stock exchange, Reuters reports
China is expected to appoint a senior securities official to head its second-largest bourse as the securities regulator reshuffled its leadership.
Japan’s Nikkei drops 5% to an 8-month low, Topix clocks worst day in 8 years as Asia markets fall
The gloomy sentiment in Asia markets comes after a sell-off on Wall Street, which saw all three major U.S. indexes plunge on recession fears.
