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Super Micro Surges Premarket on Strong Outlook, H&R Block Jumps on Earnings

Super Micro Computer shares jumped premarket after raising its outlook, while H&R Block surged on strong earnings and CoreWeave and Coherent posted big mov

US Mortgage Rates Stop Rising, Nudging Homebuyer Demand Back

US mortgage rates eased slightly this week, halting a run of increases and drawing modest homebuyer and refinance demand back into a subdued market.

Eli Lilly Sues Six Companies Over Illegal Sales of Experimental Obesity Drug

Eli Lilly has sued six companies for allegedly selling versions of retatrutide, an experimental obesity drug still under clinical development and unapprove

Tencent Beats Revenue Estimates on Games and AI Ads Despite 26% Stock Slide

Tencent topped revenue expectations on gaming and AI-driven advertising, even as shares fell 26% amid rising AI spending and fierce competition in China.

FlightAware Withdraws Lawsuit Against Kalshi Over Flight-Cancellation Betting Markets

FlightAware has dropped its lawsuit accusing prediction-market platform Kalshi of using its data without authorization to power flight-cancellation betting

Illuminating the Future of Railways: An Inside Look at the Technological Marvel Behind Beijing Winter Olympics’ Train

The 2022 Beijing Winter Olympics may have drawn to a spectacular close more than a year ago, but the echoes of its triumphant legacy...

Yuewen Miaobi: An AI Innovation Streamlining Online Literature Creation in China

China Literature Limited, a front-runner in China's online literature market, recently debuted Yuewen Miaobi, a revolutionary Artificial Intelligence Generated Content (AIGC) Large Language Model...

AI Impact on the Art Industry, Rising Museum Popularity Among Youth, and Success of Chinese Soccer Player Abroad

The advent of advanced technologies, particularly Artificial Intelligence (AI), has profoundly influenced various industries, including the art sector. Zheng Chujia, who leads a design...

Janet Yellen Plans July China Trip as US Prepares Investment Curbs

US Treasury Secretary Janet Yellen is scheduled to visit Beijing in early July to hold high-level economic talks with her newly appointed Chinese counterpart,...

World Economic Forum: Premier Li Qiang Predicts Accelerated Economic Growth for China in the Second Quarter

Tianjin, China - Premier Li Qiang addressed an audience of global leaders at the World Economic Forum's 14th Annual Meeting of the New Champions,...

The Future of Urban Logistics: Meituan’s Drone Delivery Service in Shenzhen

In the bustling urban landscape of Shenzhen, nestled amidst towering skyscrapers, a remarkable sight unfolds. A yellow-and-black drone gracefully descends onto a pickup kiosk...

Shiyan: A Green and Innovative Hub in China’s Automotive Landscape

Shiyan, a city located in the northwestern part of Hubei Province in Central China, has played a pivotal role in the nation's industrial development....

Epicenter of Innovation: Viva Tech 2023 Kicks Off in Paris

Renowned as Europe's biggest tech exhibition, Viva Tech 2023 is about to unfold in France, hosting eminent personalities like Mark Zuckerberg, Changpeng Zhao, and...

China’s Economic Advancement: A Gateway of Opportunities for Global Enterprises

In recent years, China's economic policies have progressively evolved towards fostering increased openness to the global market. In a bold reassertion of this dedication,...

Microsoft’s Acquisition of Activision Blizzard Approved by China, Faces Antitrust Opposition Elsewhere

Microsoft's announcement of unconditional approval from China's State Administration for Market Regulation for acquiring video game company Activision Blizzard highlights a significant milestone in...

China’s Rising Economic Power in Latin America: Some Key Trade Moves in 2023

China has been actively pursuing stronger economic relations in Latin America, a region that has traditionally looked to the United States as its primary...

China-US Trade Ministers’ Meeting: A Positive Signal for Enhanced Economic Cooperation

The upcoming meeting between Chinese and US trade ministers has garnered significant anticipation, as experts highlight its positive signal and the recognition by both...

G7 Leaders Pledge to Counter China’s ‘Malign’ Practices and Tackle Economic Coercion

Hiroshima, Japan - In a united front against China's perceived "malign" practices, Group of Seven (G7) leaders have vowed to launch a new initiative...

China Mobile to Establish Joint Laboratories to Drive Cloud Technology Innovation

China Mobile, one of China's largest telecom companies, has announced plans to accelerate the development of its cloud computing business. Over the past three...

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