Tag: China

BusinessInnovationTechnology

Market Jitters Grow as Tech Stocks Falter and Retail Sentiment Softens, Analysts Warn

Tech stocks face pressure from disappointing earnings and geopolitical trade threats, with retail investors showing signs of retreat. However, some analysts suggest any selloff could present buying opportunities in resilient sectors.

Tech Earnings Disappoint, Triggering Stock Declines

Recent earnings calls from major technology companies have reportedly failed to meet market expectations, contributing to stock declines across the sector. According to reports, Netflix shares fell approximately 6% following its third-quarter earnings call, while SAP stock dropped 1.6% this morning despite what analysts described as a solid AI revenue pipeline.

by Liam Dorsey
BusinessInnovationTechnology

China’s Economic Trajectory and Policy Measures Analyzed by PBOC Adviser Huang Yiping

People’s Bank of China adviser Huang Yiping shared insights on China’s economic direction and policy considerations. The Peking University dean addressed fiscal measures and growth prospects amid global economic uncertainties.

China’s Economic Outlook and Policy Directions

Huang Yiping, a monetary policy adviser to the People’s Bank of China and Dean of Peking University’s National School of Development, recently discussed China’s economic trajectory and policy considerations in an interview with Bloomberg Television. According to reports, the conversation covered China’s growth prospects, potential fiscal stimulus measures, and the broader economic landscape facing the world’s second-largest economy.

by Darren Holt
BusinessTechnology

Asia-Pacific Markets Brace for Losses Following Wall Street Slide on Renewed Trade Tensions

Asian markets are poised to open lower amid renewed U.S.-China trade concerns after reports of potential export curbs. The Bank of Korea’s policy rate decision also draws investor attention as regional sentiment weakens.

Regional Markets Follow Wall Street Decline

Asia-Pacific markets were reportedly set for a lower opening on Thursday, mirroring Wall Street’s downturn as concerns over U.S.-China trade relations resurfaced. According to sources familiar with market movements, the negative sentiment stems from renewed fears about potential trade restrictions between the world’s two largest economies.

by Liam Dorsey
EnergyInnovationTechnology

China Debuts Pioneering Wind-Powered Underwater Data Center

China has completed construction of the world’s first wind-powered underwater data center off Shanghai’s coast. The facility combines offshore wind energy with natural seabed cooling to dramatically reduce energy and land use compared to traditional data centers.

Revolutionary Green Computing Infrastructure

China has completed construction of what sources indicate is the world’s first wind-powered underwater data center, located in the Lin-gang Special Area of the Shanghai Pilot Free Trade Zone. The $226 million project represents a significant advancement in sustainable, high-performance computing infrastructure that could transform how data centers are powered and cooled.

by Liam Dorsey