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Typhoon Dolphin Nears Eastern China, Closing Schools and Grounding Flights

Typhoon Dolphin approaches eastern China, shutting schools, ports and tourist sites in Zhejiang and disrupting flights across Shanghai and beyond.

CrowdStrike Jumps 11% on Record Quarter as AI Fears Drive Cyber Demand

CrowdStrike shares rose about 11% on August 26 after a record quarter, with rising AI threats driving demand for advanced cybersecurity tools.

Nvidia Revenue Doubles to $96.2 Billion as AI Chip Demand Surges

Nvidia reported Q2 revenue of $96.22 billion, more than double a year earlier, as AI chip demand beat Wall Street forecasts. Shares slipped in after-hours

Salesforce Stock Jumps 14% on AI Growth, Deeper Anthropic Ties

Salesforce shares surged as much as 14% on August 26 after beating quarterly forecasts and expanding its Anthropic AI partnership.

Bath & Body Works Raises Profit Forecast as Online Sales Offset Weak Stores

Bath & Body Works lifted its annual profit forecast as online demand offset weak store traffic, though it guided to lower third-quarter earnings.

China Adds Two US Defense Companies to Unreliable Entity List Over Arms Sales to Taiwan

The Ministry of Commerce in China has taken action against two United States defense companies, Lockheed Martin Corp and Raytheon Missiles & Defense, by...

RCEP helps more ASEAN agricultural products enter Chinese market

The implementation of the Regional Comprehensive Economic Partnership (RCEP) has brought about changes in the import of fruits and agricultural products from Southeast Asian...

Rural Vitalization Takes Center Stage in China’s No. 1 Central Document for 2023

China's "No. 1 central document" for 2023 was revealed on Monday, highlighting nine tasks to comprehensively promote rural vitalization. The document emphasizes the importance...

Oil rises on supply concerns while China demand outlook brightens

Oil prices continue to rise as supply concerns linger following the shutdown of two major oil facilities. An earthquake in Turkey recently caused the...

China’s new bank loans hit new record high in Jan, household lending remained weak

Chinese banks went big on lending in January, handing out 4.9 trillion yuan ($721.82 billion) in new loans, a huge leap of 922.7 billion...

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