A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn’t impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news. For the now, investors remain wary of a market overshadowed by simmering Sino-U.S. tensions over […]
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JPMorgan is proposing a new Asia credit index with slashed China weighting in parallel to its existing $85 billion Asia credit index, two sources said, amid growing geopolitical tensions and dimming appetite for Chinese property bonds. For the new index, JPMorgan has suggested the weighting of China be cut to close to 30% compared with […]
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a persistently tight labor market, and further fueling fears that the Federal Reserve could raise interest rates higher than anticipated. Those worries were amplified by other data on Thursday showing inflation was much stronger than initially thought in the […]
A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]
A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]
Cracks are widening in an early-year rally in stocks, as rising Treasury yields bolster the allure of bonds and skew equity valuations. For weeks, stocks have largely withstood a rise in Treasury yields that has come amid signs that the Federal Reserve may have to raise rates higher than expected to cool the economy and […]
The ground has just dropped beneath your feet. As you desperately try to grasp what’s happening, the rubble is closing in on you. You struggle to reach out for your phone. But it is not there, and It dawns on you. This is how I die. If the recent devastating events of turkey and the […]
Signs of strength in the U.S. economy have buoyed stocks in the face of rising Treasury yields and hawkish Federal Reserve expectations, though some investors believe the rally may be on borrowed time. Stronger-than-expected reports on employment, retail sales and inflation have pushed up expectations for how much higher the Federal Reserve will need to […]
In the digital age, telcos have become the natural partner of many industries, including the metaverse. Our interest in this article lies in the fintech sector. In a previous article, we stated why telecom companies are attractive to the fintech industries. Through such a partnership, these two industries hope to expand their services to the […]
The agricultural economy is expanded through smart farming, which also helps meet the global community’s enormous needs. IoT in agriculture can lead to better food, more supply, and affordable farming. Over the past few decades, agriculture has seen several technological changes that have made it more industrialized and technology-driven. Farmers have improved control over producing […]