Author Archives
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China’s Obstinate Savers Run The Risk Of Creating A Liquidity Trap
Consumers and businesses in China are locking up trillions of yuan in longer-term bank deposits, thereby removing a sizable chunk of money from circulation and putting the economy at risk of the same kind of liquidity trap that crippled Japan’s… Read More ›
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Amazon Rakes In Highest Profit Beat Since 2020 Due To CEO Jassy’s Cost Reductions
Jeff Bezos, the creator of Amazon, is renowned for shunning Wall Street’s fixation with profits and insisting that the consumer is always more significant. While Andy Jassy, his successor, likewise talks frequently about servicing consumers, investors have compelled him to… Read More ›
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Chinese Tech Behemoth Alibaba Competes With Meta With The Release Of An Open-Sourced AI Model
Alibaba, a major player in Chinese e-commerce, has stated that it will make its own artificial intelligence model available to outside developers in an effort to broaden the appeal of its products and establish itself as a leader in the… Read More ›
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With Record Levels Of Youth Unemployment, It Is Becoming More Difficult For Recent Graduates In China To Find Employment
When you ask young people about the employment market in China, they frequently respond that it is harder this year. According to interviews with six students and recent graduates conducted by CNBC, the majority of people eventually find employment, but… Read More ›
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The World Is Fighting To Reduce China’s Control Over Essential Rare Earths For Shift To Clean Energy
It is challenging to refine rare earths for the switch to green energy. Just ask Lynas and MP Materials. The two largest rare earths firms in the world outside of China are having trouble converting the ore from their mines… Read More ›
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Tesla Executives Speak With An Indian Investment Firm About Entering The Market
The latest in a series of high-level meetings, two top Tesla executives spoke with representatives from India’s investment promotion agency in New Delhi about the company’s aspirations to enter the market, according to reports quoting information from two source with direct knowledge… Read More ›
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G20 Countries Unable To Agree On Emission Reduction Objectives During Discussions
The Group of 20 (G20) major countries were unable to come to terms on specific goals for reducing harmful emissions on Friday, instead issuing a statement that called the present climate change mitigation efforts “inadequate.” The deadlock, which was the… Read More ›
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AstraZeneca Q2 Performance Above Expectations, Although COVID Vaccine Sales Declined
AstraZeneca reported second quarter earnings and sales that exceeded expectations on Friday, offsetting a decline in COVID-19 vaccination sales with a good showing from its blockbuster cancer medications. The Anglo-Swedish pharmaceutical company had its shares rise as far as 4.8%… Read More ›
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Agreement Between Argentina And The IMF Staff Level Is Expected To Combine Evaluations Of The $44 Billion Loan
According to four sources, Argentina’s preliminary agreement with the IMF is expected to consolidate evaluations of its $44 billion loan programme, potentially paving the way for streamlining payments to the cash-strapped nation. The third-largest economy in Latin America has been… Read More ›
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Investors Are Selling Off China Linked Assets And Investing More In Other Emerging Markets
Global investors are increasingly choosing to avoid China’s markets in favour of those of other rising nations that are either benefiting from or far removed from the geopolitical and growth uncertainties that loom over the world’s second-largest economy. According to… Read More ›