Latest in China's fourth quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
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Why ‘Beating China’ in AI Brings Its Own Risks
The US is increasingly intent on winning the AI race with China. Experts say this ignores the benefits of collaboration—and the danger of unintended consequences.Wired - 2d -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - 10h -
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The BRICS bloc is growing — and Trump's tariff threat isn't expected to put off aspiring members
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.CNBC - 12h -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - 15h -
China's annual GDP growth meets target of 5% as stimulus measures kick in
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.NBC News - 17h -
Most mutual funds don’t beat the market — but what’s ‘the market’ anyway?
The S&P 500 is a high bar for fund managers. The Dow? Not as much.MarketWatch - 21h -
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TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - 1d -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - 1d -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 1d -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - 4d -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 4d -
Plymouth to host Liverpool in FA Cup fourth round
Championship side Plymouth Argyle are drawn at home to eight-time winners Liverpool in the FA Cup fourth round.BBC News - 5d -
Poland backs Trump on raising Nato spending to 5% of GDP
Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence ministerFinancial Times - 5d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 6d -
Apple's market share slides in China as iPhone shipments decline, analyst Kuo says
Analyst Ming-Chi Kuo wrote in a post on Friday that Apple is losing market share in China due to declining iPhone shipments.CNBC - 6d -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - Jan. 10 -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - Jan. 10 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Fulham thrash Watford to progress to fourth round
Premier League Fulham begin their FA Cup campaign with a dominant 4-1 victory against second-tier Watford to seal a fourth-round spot.BBC News - Jan. 9 -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
We're buying more of a newer stock that is wisely pushing into a fast-growing market
We first added the company to our portfolio in October.CNBC - Jan. 8 -
Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers
Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.The Wall Street Journal - Jan. 8 -
Dozens of lawmakers beat stock market in 2024: Report
The stock portfolios of more than two dozen lawmakers once again outperformed the market as bans on congressional stock trading stalled, according to a new report from the trading trackers at ...The Hill - Jan. 7 -
By the Fourth Date, Certain About Forever
Jasmine Bolton and Junior West, who met on the dating app Hinge, spent their fourth date at a friend’s wedding. The event sparked a desire for their own future nuptials.The New York Times - Jan. 7 -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - Jan. 7 -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - Jan. 7 -
Global VC investments rose 5.4% to $368.5B in 2024, but deals fell 17% | NVCA/Pitchbook
Global venture capital investments rose to $368.5 billion in 2024, up 5.4% from $349.4 billion a year earlier, the NVCA/Pitchbook said.VentureBeat - Jan. 7 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - Jan. 5 -
Fire at food market in northern China kills eight people and injures 15
Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...The Guardian - Jan. 4 -
Fire at a food market in northern China kills at least 8 and injures 15
Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 othersABC News - Jan. 4 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - Jan. 2 -
Djokovic beats Monfils to reach Brisbane quarters
Novak Djokovic will face Reilly Opelka for the first time after reaching the Brisbane International quarter-finals.BBC News - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1
