U.S. President Joe Biden (R) meets with President of European Commission Ursula von der Leyen (L) in the White House. Both want to accomplsish as much as possible before key elections. Alex Wong | Getty Images News | Getty Images BRUSSELS — There’s still more than a year to go […]
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China chip stocks rally after Beijing said U.S. chip giant Micron is ‘major security risk’
Micron Technology Double-Data-Rate Synchronous Random-Access Memory (SDRAM) chip Tomohiro Ohsumi | Bloomberg | Getty Images China’s chip stocks rallied on Monday morning following Beijing’s announcement to bar some purchases of products from U.S. memory chipmaker Micron. China’s Cyberspace Administration barred operators of “critical information infrastructure” in China from buying products from […]
Wall Street is bullish on Chinese tech firms, even as recovery is uneven
Consumers enjoy themselves at Nanjing Road Pedestrian Street, the busiest commercial tourist landmark in Shanghai, China, May 5, 2023. CFOTO | Future Publishing | Getty Images Analysts are bullish on Chinese big tech firms even though recovery looks uneven across companies and their latest earnings. While search engine giant Baidu […]
Norway faces backlash from campaigners for ‘reckless’ pursuit of Arctic oil and gas
A view of fjords as they melt due to climate change near Svalbard Islands, in the Arctic Ocean in Norway on July 19, 2022. Anadolu Agency | Anadolu Agency | Getty Images The Norwegian government is calling on energy giants to ramp up oil and gas exploration projects in remote […]
America’s Got Talent judge Simon Cowell says this advice from his dad inspired his success
America’s Got Talent judge Simon Cowell said his success was inspired by an early piece of advice from his father. Nbc | Nbcuniversal | Getty Images America’s Got Talent judge Simon Cowell may be notorious for providing unforgiving advice to wannabe superstars on his TV talent show. But the music […]
Southeast Asia’s worst-performing stock market is UBS’s ‘top pick’
Pita Limjaroenrat, leader of Move Forward Party, attends a press conference of the Thai pro-democracy parties in Bangkok. Peerapon Boonyakiat | SOPA Images | Lightrocket | Getty Images There’s plenty of optimism about Thailand due to its tourism potential, but political headwinds could still be a game-changer, says Kelvin Tay […]
Singapore Prime Minister Lee Hsien Loong tests positive for Covid
Lee Hsien Loong, Singapore’s Prime Minister, said Monday he has tested positive for Covid-19 after recently returning from state visits to South Africa and Kenya. Bloomberg | Bloomberg | Getty Images Singapore’s Prime Minister Lee Hsien Loong has tested positive for Covid-19, days after returning from official visits to South […]
‘We are not decoupling’: G-7 leaders agree on approach to ‘de-risk’ from China
Chinese President Xi Jinping and hands with then U.S Vice President Joe Biden inside the Great Hall of the People on December 4, 2013 in Beijing, China. Lintao Zhang | Getty Images News | Getty Images Leaders of the Group of Seven agreed there’s a need to de-risk, not decouple […]
Here are stocks to own to take the debt ceiling, bond market out of your investing equation
Are the travails of the bond market, like Macbeth expounds, a “tale told by an idiot, full of sound and fury, signifying nothing?” As we grapple with the whole edifice of fixed income, the existential crisis of Treasurys, the multitrillion-dollar market that the tale is based on, I have come […]
Biden and McCarthy to meet at White House on Monday to try and avoid looming debt default
U.S. President Joe Biden holds a press conference at the conclusion of the G7 Summit, in Hiroshima, Japan, May 21, 2023. Jonathan Ernst | Reuters As a possible debt default looms just 11 days away, President Joe Biden and House Speaker Kevin McCarthy, R-Calif., will meet in person at the […]