20 h. ago China to cut fees on $4.9 trln mutual fund industry to promote investment

China to cut fees on $4.9 trln mutual fund industry to promote investment  Reuters

Economics

20 h. ago China to cut fees on $4.9 trillion mutual fund industry to promote investment

China to cut fees on $4.9 trillion mutual fund industry to promote investment  Reuters

Economics

44 h. ago Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War

Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War  UNITED24 Media

Politics

3 d. ago Hong Kong needs coordinated efforts to promote tourism: industry leaders

Hong Kong needs a more comprehensive and coordinated approach to boost tourism, such as by promoting the National Games alongside other concurrent events, industry representatives have said, highlighting challenges facing the sector. Despite a post-pandemic surge in the number of arrivals, the representatives also noted emerging trends required more promotion and that visitors were now skipping traditional tourist attractions. “We are still observing whether the National Games will bring a lot...

Politics

4 d. ago Will Tesla's Latest Price Cut Help It Regain Momentum in China?

Will Tesla's Latest Price Cut Help It Regain Momentum in China?  Yahoo Finance

Economics

5 d. ago India signals no oil import cut from Russia, ‘eagerly’ awaits Putin visit

Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday that the two countries should deepen cooperation “in all sectors”. The remark was a strong indication that New Delhi would not cut back on crude oil imports from Russia despite pressure from the US. Modi also expressed strong enthusiasm for welcoming Putin to India, in a subtle rebuke of US President Donald Trump. As they met on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin, Modi...

Politics

9 d. ago China aims to cut steel output, prune overcapacity, document shows

China aims to cut steel output, prune overcapacity, document shows  Reuters

Politics

1 week ago Ping An interim profit misses estimates as China’s economy sputters

The first-half profit of China’s most valuable insurance company missed analysts’ estimates, as one-off revaluations of investments eroded the increasing sales of life and health products by Ping An Insurance (Group). Interim net profit fell 8.8 per cent to 68.05 billion yuan (US$9.50 billion) from a year earlier, missing a 4.4 per cent increase that was expected by Bloomberg’s consensus estimate. The value of new business in Ping An’s life and health insurance divisions, a key measure of future...

Economics

1 week ago Asia stocks soar amid growing US rate cut bets, China tech rally

Asia stocks soar amid growing US rate cut bets, China tech rally  Investing.com

Politics

2 w. ago Household robots are about to get a big price cut — if China’s top 'robovac' player has its way

Household robots are about to get a big price cut — if China’s top 'robovac' player has its way  CNBC

Politics

2 w. ago China cut itself off from the global internet for an hour on Wednesday

China cut itself off from the global internet for an hour on Wednesday  theregister.com

Politics

2 w. ago Soybean farmers urge Trump to cut a deal with China: ‘We cannot survive a prolonged trade dispute'

Soybean farmers urge Trump to cut a deal with China: ‘We cannot survive a prolonged trade dispute'  AgFunderNews

Politics

2 w. ago Unusual Machines Seen As Key Winner From America's Push To Cut China Out Of Drone Supply Chain

Unusual Machines Seen As Key Winner From America's Push To Cut China Out Of Drone Supply Chain  Yahoo Finance

Events

2 w. ago China mandates more domestic AI chips for data centres to cut reliance on US

China is requiring its data centres to use more home-grown computing chips in a move that underscores Beijing’s accelerated efforts to cut reliance on foreign technology as the US tightens export controls. Publicly owned computing hubs across the country have been asked to source more than 50 per cent of their chips from domestic producers to support the indigenous semiconductor sector, according to people familiar with the matter. The mandate finds its origins in guidelines proposed in March...

Politics

3 w. ago Temasek, PIF sell Alibaba shares as sovereign funds tweak portfolios

Two of the world’s largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology stocks while going long on consumer companies as they mirrored Bridgewater Associates in reacting to volatile markets and rising US-China tensions. Singapore’s Temasek Holdings cut its stake in Alibaba Group Holding by two-thirds to 1.85 million shares in the quarter that ended in June, according to its 13F disclosure on Thursday. It slashed its JD.com holdings...

Politics

3 w. ago Temasek cuts Chinese tech stocks, goes long on consumer companies

Two of the world’s largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology stocks while going long on consumer companies as they mirrored Bridgewater Associates in reacting to volatile markets and rising US-China tensions. Singapore’s Temasek Holdings cut its stake in Alibaba Group Holding by two-thirds to 1.85 million shares in the quarter that ended in June, according to its 13F disclosure on Thursday. It slashed its JD.com holdings...

Politics

3 w. ago Focus: China pharma firms turn to local reagent suppliers to cut costs and delivery times

Focus: China pharma firms turn to local reagent suppliers to cut costs and delivery times  Reuters

Economics

3 w. ago China pharma firms turn to local reagent suppliers to cut costs and delivery times

China pharma firms turn to local reagent suppliers to cut costs and delivery times  Yahoo Finance

Economics

3 w. ago Trump's deal to take a cut of Nvidia's chip sales in China could open national security 'up for bidding'

Trump's deal to take a cut of Nvidia's chip sales in China could open national security 'up for bidding'  Quartz

Politics

3 w. ago Huawei’s new algorithm could cut China’s reliance on foreign memory chips

Huawei Technologies has unveiled a software tool designed to accelerate inference in large artificial intelligence models, an advancement that could help China reduce its reliance on expensive high-bandwidth memory (HBM) chips. Unified Cache Manager (UCM) is an algorithm that allocates data according to varying latency requirements across different types of memories – including ultra-fast HBM, standard dynamic random access memory and solid-state drive – thereby enhancing inference efficiency,...

Politics