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Micron Shares Rebound to Defy Memory-Chip Selloff as Wall Street Holds Firm

Micron Technology shares reversed sharp losses to finish higher, defying a memory-chip selloff that pressured rivals Sandisk and Western Digital as Wall St

Twilio Shares Surge 31% After Earnings Beat as AI Tools Gain Traction

Twilio stock jumped about 31% after a stronger-than-expected earnings report, driven by growing adoption of its AI-powered customer engagement tools.

FAA Orders Crack Inspections for Hundreds of Boeing 737 Max Jets

The FAA has finalized a directive requiring crack inspections for 471 Boeing 737 Max jets, effective September 10, following reports in older models.

Trump Administration Renews Push to Remove Fed Governor Lisa Cook Over Mortgage Claims

The Trump administration has revived its push to remove Fed governor Lisa Cook over mortgage claims, giving her until August 26 to respond.

US Economy Sheds 23,000 Jobs in July as Rate Hike Bets Fade

The US economy lost 23,000 jobs in July as labour force participation slumped, prompting markets to cut bets on a September Federal Reserve rate hike.

Navigating Forex Volatility: US-China Trade Tensions and Fed Policy Shape Currency Markets

Global forex markets are experiencing significant fluctuations, driven by the ongoing US-China trade negotiations and the US Federal Reserve's monetary policy stance. Investors are...

China Targets $980 Billion Sports Economy by 2030

China is embarking on an ambitious plan to significantly expand its sports sector, aiming to reach a valuation of 7 trillion yuan (approximately $980...

China’s Central Bank Bolsters Yuan Stability and Eases Forex Transactions

China's central bank and foreign exchange regulator are implementing a series of measures aimed at stabilizing the yuan and streamlining foreign exchange transactions. These...

China’s Robot Sports Arena: A Glimpse into the Future of Home Humanoids

On the outskirts of Beijing, a new kind of athlete is taking the field – humanoid robots. China is rapidly advancing its humanoid robot...

China Charts Course for 2026: Proactive Policies, Consumer Boost, and Strategic Tariff Adjustments

China is signaling a proactive approach to its economic trajectory for 2026, with significant policy adjustments aimed at bolstering domestic demand and fostering strategic...

China’s Manufacturing Sector Navigates Overcapacity, Expansion, and Export Curbs

China's manufacturing sector is presenting a complex picture, marked by signs of overcapacity and industrial expansion, while simultaneously implementing export restrictions on key materials....

China’s Hidden Bond Tactic Offers Double Yields in Hong Kong

A clandestine practice, previously cracked down upon in mainland China, is resurfacing in Hong Kong's bond market. Local government financing vehicles (LGFVs) are reportedly...

Chinese AI Powerhouse MiniMax Aims for $600 Million IPO with Major Backing from Alibaba and Abu Dhabi

Chinese artificial intelligence startup MiniMax is gearing up for a significant initial public offering (IPO) in Hong Kong, aiming to raise over $600 million....

China Continues Gold Accumulation for Ninth Month as Forex Reserves Decline

China's central bank has continued its strategy of increasing gold holdings, marking the ninth consecutive month of accumulation in July. This move comes as...

China’s US Treasury Holdings Hit 17-Year Low Amid Shifting Global Economic Landscape

China has significantly reduced its holdings of U.S. Treasury bonds, reaching the lowest level since 2008. This strategic shift, occurring over several years, reflects...

China’s AI Ascendancy: New Strategies and Breakthroughs Poised for 2026

China is making significant strides in artificial intelligence, with new training methodologies and strategic plans set to accelerate its progress in 2026. The nation's...

China’s Economy Shifts Gears: AI, Green Energy, and Niche Tourism Drive Growth

China's economy is undergoing a significant structural transformation, with emerging industries like artificial intelligence and new energy sources poised to reshape the labor market...

China Ushers in 2026 with Economic Optimism and Cultural Flourishing

China has welcomed 2026 with widespread celebrations and a palpable sense of optimism, building on a successful 2025 that marked the completion of its...

China’s ‘Health Silk Road’ Boosts African Pharmaceutical Production

China is significantly expanding its "Health Silk Road" initiative across Africa, focusing on local pharmaceutical production to combat medicine shortages and reduce the continent's...

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