Business

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

Business Lynn Hatem -

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

China BT China Team -

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China BT China Team -

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

China BT China Team -

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

China BT China Team -

Latest

SanDisk Stock Slides as Memory-Chip Selloff Tests AI Rally

SanDisk shares fell as a memory-chip selloff tested this year's AI-driven rally, raising questions over stretched valuations and the durability of AI deman

Boeing Folds Flying-Taxi Venture Into Rival Archer Aviation for Equity Stake

Boeing is selling three eVTOL subsidiaries to Archer Aviation in exchange for an undisclosed equity stake, consolidating its flying-taxi ambitions.

JPMorgan Raises S&P 500 Year-End Target to 8,000 on Growth Optimism

JPMorgan has lifted its year-end S&P 500 price target to 8,000 from 7,800, citing resilient earnings and steady economic growth as key drivers.

Embraer Stock Surges on Booming Earnings and Record Backlog, Outpacing Boeing and Airbus

Embraer shares jumped after strong quarterly earnings and a record order backlog positioned the Brazilian jet maker to outpace Boeing and Airbus in growth.

Nvidia Weighs $3 Billion Investment in SoftBank’s SB Energy for Ohio AI Campus

Nvidia is in talks to invest $3 billion in SoftBank's SB Energy to support a planned Ohio AI data center campus tied to OpenAI, a report says.

Walmart and Target Earnings to Reveal Health of U.S. Consumer

Walmart and Target report quarterly earnings that will signal how U.S. shoppers are holding up against persistent inflation and shifting spending patterns.

Intel Upsizes Stock Offering to $20 Billion as Demand Locks Out a Third of Investors

Intel expanded its stock offering to $20 billion on strong demand, with a third of investors receiving no shares as it funds AI chip manufacturing.

Plug Power Stock Surges on Improved Margins as On Holding Tumbles

Plug Power shares jumped after improved margins in its latest quarterly results, while On Holding stock tumbled on disappointing guidance.

Meta Releases Open-Source Muse Glimmer Model as Zuckerberg Warns of AI Concentration

Meta released its open-source Muse Glimmer AI model as CEO Mark Zuckerberg warned against concentrating advanced AI under a few companies or governments.

Bitdeer Stock Wavers After Q2 Earnings and Revenue Miss Estimates

Bitdeer Technologies shares swung after reporting second-quarter earnings and revenue that missed Wall Street estimates, as investors weighed its AI pivot.

Trade Desk Stock Slides as Ad-Tech Slowdown Rattles Investors

The Trade Desk shares fell sharply as investors reassessed the digital advertising firm's growth, exposing broader anxieties across the ad-tech sector.

Trump Media Posts $238 Million Loss, Refocuses on Truth Social

Trump Media & Technology reported a $238 million second-quarter loss as new CEO Kevin McGurn steered the company back to social media from crypto and betti