Macro

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Palo Alto Networks Beats Estimates as AI Fuels Security Demand

Palo Alto Networks topped fiscal fourth-quarter estimates on September 1 as AI-driven security demand lifted results and its stock nearly doubled this year

Stan Kroenke Buys MLB’s Los Angeles Angels, Ending Moreno’s 23-Year Run

Kroenke Sports and Entertainment announced Tuesday it will buy MLB's Los Angeles Angels from Arte Moreno, with the deal expected to close in early 2027.

Dell Surges 9% After Tripling AI Server Forecast, Backlog Hits $95 Billion

Dell shares jumped 9% on September 1 after raising its fiscal 2027 AI server forecast to triple, with order backlog reaching $95 billion.

Guangdong Implements New Measures to Support Local Enterprises and Boost Market Vitality

Guangdong province, a major economic powerhouse in southern China, announced on Thursday a series of new measures and policy updates aimed at boosting market...

Guangzhou named among cities approved by China’s Cabinet to build international consumption center cities

The city of Guangzhou, located in Guangdong province, is known as a key center for trade, manufacturing, and commerce in China. Recently, plans were...

Third annual China-UK Business Dialogue held in Guangzhou to promote bilateral trade and economic cooperation

Government officials, senior business executives, and representatives from China and the United Kingdom have expressed a strong desire to promote China-UK trade and economic...

China Defends Market Economy Development Against US Accusations

China's Ministry of Commerce has strongly opposed a recent report released by the office of the United States Trade Representative, claiming it has distorted...

China’s manufacturing and services sectors show widespread improvement in February

China's economic activity, spanning both the manufacturing and services sectors, expanded for the second consecutive month in February, providing the latest glimpse into the...

China’s Economic Growth Potential Continues to Expand with New High-Tech Projects Underway

Dozens of mechanical arms move along a production line while busy robots carrying components weave about in a science and technology park in North...

Hong Kong Chief Executive urges NPC deputies to boost city’s integration into China’s development

Hong Kong Chief Executive John Lee Ka-chiu is placing high hopes on the city's 36 deputies sitting in the National People's Congress (NPC), the...

China’s GDP reaches $17.44 trillion, making it the world’s second-largest economy

China's economy remains strong despite facing pressures and challenges from a gloomy global outlook, slowing external demand, and a weak property sector. According to...

Macao businesses set to receive boost from new measures in Guangdong-Macao In-Depth Cooperation Zone

The Guangdong-Macao In-Depth Cooperation Zone in Hengqin has issued new measures to support the development of Macao-invested companies in the zone. The updated measures...

Tibet autonomous region implements new regulation to boost small and medium-size enterprises

According to the Department of Economy and Information Technology of the Tibet autonomous region, the region will implement a new regulation on promoting the...

China’s Canton Fair Returns With Expansion, Featuring Industrial Automation and Intelligent Manufacturing

After three years of the COVID-19 pandemic, the China Import and Export Fair, widely known as the Canton Fair, is set to resume physical...

Walmart China’s Fourth Quarter Growth Sparks Recovery of Consumer Goods and Retail Sectors

Industry insiders have pointed to Walmart China's strong fourth-quarter growth as a sign of a steady recovery for the fast-moving consumer goods and retail...

Shandong Port Group Accelerates Efforts to Build World-Class Port Through Digitalization and Innovation

Shandong Port Group, the world's largest port conglomerate by cargo capacity, is doubling down on its efforts to build a world-class port, as its...

Guangdong Encourages Overseas Chinese to Participate in Province’s High-Quality Development Efforts

Authorities in Guangdong are calling on overseas Chinese to participate in the province's efforts to achieve high-quality development. According to Huang Kunming, the Party...

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