Updates

Hong Kong’s financial markets are experiencing a significant boost as the Hang Seng Index surged by more than 3% on Tuesday, fueled by aggressive policy easing announced by the People’s Bank of China (PBOC) during an extraordinary briefing led by central bank governor Pan Gongsheng. This surge not only reflects investor optimism but also signals […]

LONDON — European markets opened on a mixed note Tuesday, reflecting growing concerns over the region’s economic outlook. Investors are navigating a volatile landscape as worries about sluggish growth and geopolitical uncertainties weigh on sentiment. Key Market Movements FTSE 100 (UK): The index is set to open slightly higher, gaining 4 points to reach 8,253.

In a powerful message following the deadliest day of conflict between Israel and Lebanon in nearly two decades, Israeli Prime Minister Benjamin Netanyahu has reached out directly to the Lebanese people, urging them to evacuate areas controlled by Hezbollah. The plea comes after Israeli airstrikes killed nearly 500 people in Lebanon, prompting widespread international concern

Keywords: Israeli airstrikes, Lebanon conflict, Hezbollah, Middle East crisis, civilian casualties, humanitarian crisis, Israel-Hezbollah war, escalating violence, ceasefire, U.S. troops Middle East. Beirut, Lebanon – In a devastating escalation, Israeli airstrikes have killed at least 492 people in Lebanon, according to the country’s health ministry. This marks the deadliest day in the region in nearly

China’s youth unemployment rate hit a record 18.8% in August 2024, reflecting the nation’s ongoing economic challenges. This rise is attributed to a slowing economy, restrictive hiring policies, and a downturn in key sectors such as real estate, finance, and IT. Companies are hesitant to hire due to the high costs associated with layoffs, leaving

COLOMBO, Sri Lanka — Anura Kumara Dissanayake, the leader of the National People’s Power (NPP) party, has been sworn in as Sri Lanka’s new president, promising to “rewrite history” as the country strives to recover from its deepest economic crisis in decades. Dissanayake’s left-leaning agenda and anti-corruption stance have positioned him as a disruptor of

In a chilling escalation of tensions, Lebanon’s leadership has issued stark warnings about the risk of further violence following a series of devastating explosions involving communications devices linked to Hezbollah. Over the past two days, these blasts have tragically claimed at least 37 lives and injured more than 3,000 individuals, plunging the nation into uncertainty

Lebanon is reeling from a series of catastrophic explosions that have left the nation in a state of panic and uncertainty. The recent detonation of hundreds of handheld pagers and walkie-talkies, reportedly linked to the militant group Hezbollah, has resulted in at least 37 deaths and over 3,000 injuries. These unprecedented attacks have been attributed

In a powerful show of force, Israel has launched a series of extensive airstrikes on southern Lebanon, targeting more than 100 Hezbollah rocket launchers and other key “terrorist sites,” including a weapons storage facility. The Israel Defense Forces (IDF) reported that these launchers were poised to be fired against Israel, signaling a proactive approach to

Keywords: China AI chips, Nvidia competitors, U.S. export restrictions, Huawei Ascend chip, SMIC semiconductor, Chinese tech industry, AI chip development, Biren Technology IPO, Enflame IPO, Nvidia CUDA platform, AI industry challenges, Chinese technology innovation, AI hardware and software ecosystem. Sub headline : Chinese tech giants like Huawei and Alibaba are striving to develop homegrown AI