Category Archives:
China’s falling property sales, investment weigh on recovery
By Liangping Gao and Ryan Woo BEIJING (Reuters) - China's property sales and investment posted double-digit declines as efforts to support big cities failed to bolster confidence in an industry strugg...
Oct 17, 2023
Five Eyes intelligence chiefs warn on China’s ‘theft’ of intellectual property
By Zeba Siddiqui STANFORD, California (Reuters) - The Five Eyes countries' intelligence chiefs came together on Tuesday to accuse China of intellectual property theft and using artificial intelligence...
Oct 17, 2023
Foxconn, Nvidia say they are building AI factories together
TAIPEI (Reuters) - Foxconn Chairman Liu Young-way and Nvidia Corp CEO Jensen Huang said on Wednesday their companies were building artificial intelligence (AI) factories together. The two made the com...
Oct 17, 2023
China’s Q3 GDP grows 4.9% y/y, beats market forecast
(Reuters) - China's economy grew at a faster-than-expected clip in the third quarter from a year earlier, official data showed on Wednesday, suggesting the recent recovery may carry enough steam to re...
Oct 17, 2023
Australia’s top court rules state tax on EVs unlawful
By Alasdair Pal SYDNEY (Reuters) - Australia's top court on Wednesday quashed a levy on electric vehicles (EVs) by the state of Victoria, in a case that could make it more difficult for other states t...
Oct 17, 2023
China Sept industrial output rises 4.5% y/y, retail sales beat forecasts
BEIJING (Reuters) - China's industrial output in September grew 4.5% from a year earlier, matching the pace in August, as policy support measures start to stabilise some parts of the world's second-la...
Oct 17, 2023
China’s Q3 GDP growth, Sept activity show economic recovery gaining momentum
BEIJING (Reuters) -China's economy grew at a faster-than-expected clip in the third quarter, while consumption and industrial activity in September also surprised on the upside, suggesting the recent ...
Oct 17, 2023
Fiji and Australia boost cyber security cooperation
SYDNEY (Reuters) - Fiji and Australia will cooperate on cyber security, with Australia also boosting aid to its Pacific Islands neighbour under an enhanced partnership, Australian Prime Minister Antho...
Oct 17, 2023
Investor Och and others sue Sculptor to halt planned deal with Rithm
By Svea Herbst-Bayliss NEW YORK (Reuters) - Sculptor Capital Management founder Dan Och and other former executives on Tuesday sued the hedge fund, its directors and suitor Rithm Capital Corp, seeking...
Oct 17, 2023
IMF says China property slowdown will weigh on Asia’s growth
By Xinghui Kok SINGAPORE (Reuters) - The International Monetary Fund (IMF) downgraded its 2023 and 2024 growth forecasts for China, saying its recovery was "losing steam" and citing weakness in its pr...
Oct 17, 2023
Peoria, IL, USA
60 °F Partly cloudy
