Asia markets mixed ahead of trade data from China and Australia
September 7, 2023
China's trade is still expected to fall in August compared to the same period last year, but at a slower pace than July
Goldman reveals its ‘most preferred’ sector of China tech and names stocks on its conviction list
September 7, 2023
Goldman named four buy-rated stocks, two of which are on its conviction buy list. It gave one stock as much as 45% potential price target upside.
CNBC Daily Open: Lingering embers of inflation
September 6, 2023
The roaring flames of 9.1% inflation in June last year have been quenched, but the last few glowing embers are proving hard to extinguish completely.
Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess
September 6, 2023
Here's the inside story of the executive chaos at Disney over the past few years — and how it could shape the fate of the iconic entertainment company.
China’s Microsoft Email Cloud Hack Began With a 2021 Computer Crash
September 6, 2023
The cryptographic key that gave hackers access to Microsoft’s cloud was stored by mistake on Microsoft’s corporate network for more than two years.
Nasdaq tumbles for a fourth day as fears of higher interest rates pressure markets: Live updates
September 6, 2023
The S&P 500 and Nasdaq Composite fell Thursday as renewed concern swirled on Wall Street over the course of the Federal Reserve's interest rate policy.
Apple falls on report that China restricted iPhone use for its government officials. Here’s what the pros say
September 6, 2023
Pros on CNBC discussed Apple after The Wall Street Journal reported that China restricted the use of foreign-branded devices for government officials at work.
Invasive species cost the global economy over $423 billion annually, according to a new report from the United Nations
September 6, 2023
The costs of invasive species have quadrupled every decade since 1970, according to the UN.
China Bans iPhone Use for Government Officials at Work
September 6, 2023
The directive is the latest step in Beijing’s campaign to cut reliance on foreign technology and could hurt Apple’s business in the country.
Ukraine drone supplier AeroVironment soars more than 20%, best day in over two years
September 6, 2023
Drone manufacturer AeroVironment's shares rallied 20% on Wednesday on the back of better-than-expected fiscal first-quarter results.
Pace of increase in CO2 concentration has increased three-fold — report
September 6, 2023
The pace at which the concentration of CO2 in the atmosphere is increasing -- due mostly to the burning of fossil fuels -- has jumped three-fold in five decades, an international report said Wednesday.
Apple and Arm sign deal for chip technology that goes beyond 2040
September 6, 2023
Apple has secured access to a core piece of intellectual property, the Arm architecture, used in its iPhone and Mac chips, for the foreseeable future.
‘Barbie’ wins the summer box office, but fall looks gloomy — even with Taylor Swift
September 6, 2023
Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but "Barbie" and "Oppenheimer" fueled the industry's $4 billion haul.
Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August
September 6, 2023
Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August.
Microsoft: Compromise of engineer’s account led to Chinese hack of US officials
September 6, 2023
The recently disclosed Chinese hack of senior officials at the US State and Commerce departments stemmed from the compromise of a Microsoft engineer's corporate account, Microsoft Corp said in a blog post on Wednesday.
Death toll from floods in Brazil’s southernmost state reaches 31
September 6, 2023
The death toll from heavy rains that devastated Brazil's Rio Grande do Sul state rose to 31 on Wednesday, local authorities said, as an extratropical cyclone batters the region, flooding homes and swelling rivers.
Habagat to bring scattered rain over Northern, Central Luzon
September 6, 2023
The southwest monsoon or Habagat will bring cloudy skies and scattered rain over the western sections of Northern and Central Luzon on Thursday, PAGASA reported.
Roku stock jumps after company says it will lay off 10% of workforce
September 6, 2023
Roku said in a regulatory filing Wednesday that it will be laying off 10% of its workforce, or 360 people, as it raised its guidance for the third quarter.
Apple Tests Limits for Most Expensive iPhones
September 6, 2023
The tech company is expected to raise prices by $100 on some premium models next week.
Blinken announces $1 billion Ukraine aid package during surprise visit
September 6, 2023
Blinken's trip comes amid steady gains by Ukrainian forces carrying out a counteroffensive in the south and east of the country.
Mexico City Marathon disqualifies 11,000 runners for cheating
September 6, 2023
Approximately 11,000 runners in the Mexico City Marathon were disqualified for cheating, according to a report in Spanish newspaper Marca.
Trump suffers big loss in E. Jean Carroll defamation case, judge says he’s liable
September 6, 2023
Donald Trump is set to stand trial in a defamation case by E. Jean Carroll just as the 2024 Republican presidential nomination primaries are set to start.
This former Harvard lecturer sold his company for nearly $20 million—and burnt out immediately after: Here’s how he recovered
September 6, 2023
Suneel Gupta sold his company for nearly $20 million in 2016, but didn't feel energized or fulfilled after. Here are the practices he used to reverse burnout.
Blinken makes surprise trip to Kyiv as fatal blast hits Donetsk region
September 6, 2023
Ukraine was attacked with a barrage of drones and missiles overnight, officials said, with the capital Kyiv and the southern port of Odesa among the targets.
Buy ‘BAT’ — CLSA gives three stocks to bet on China in the global AI race
September 6, 2023
These three stocks stand to benefit from the future explosion of artificial intelligence in China, CLSA says.
Khosla Ventures backs effort to make orchards of lung-like material to absorb CO2 from air
September 6, 2023
Khosla Ventures backs Spiritus, a carbon removal company coming out of stealth with a material and that passively absorbs carbon dioxide from the air.
Lagman: President”s contingent fund can be source of aid for rice retailers
September 6, 2023
President Ferdinand “Bongbong” Marcos Jr.'s contingent fund worth P13 billion can be a source of aid for rice retailers who are expected to suffer losses due to the mandatory price ceiling Malacañang has imposed on rice, opposition lawmaker Albay Rep. ...
Mukha ng mga artista at influencer, ginagamit ng sindikato sa online love scam
September 6, 2023
Natuklasan ng mga awtoridad na mukha ng mga sikat na artista at influencer ang ginagamit na profile photo ng grupong nagsasagawa ng love scam na mga dayuhan ang binibiktima.
Another road rage incident reported, this time in Valenzuela City
September 6, 2023
After the reported road rage incidents in Quezon City and Makati City, a video recording showed a similar incident that occurred in Valenzuela City last month, according to the report on "State of the Nation" Wednesday.
Driver ng SUV na may hawak na baril, nahuli-cam sa Valenzuela City
September 6, 2023
Inaalam na ng mga awtoridad ng Valenzuela City ang pagkakakilanlan ng driver ng isang SUV na nahuli-cam na bumaba ng kaniyang sasakyan na may hawak na baril na hinihinalang isa ring insidente ng away sa kalye.
Moderna says updated COVID-19 vaccine is effective against newer variant
September 6, 2023
Moderna on Wednesday said clinical trial data showed its updated COVID-19 vaccine will likely be effective against the highly-mutated BA.2.86 subvariant of the coronavirus that has raised fears of a resurgence of infections.
Leaders with Gladwell
September 6, 2023
Iconic author and speaker Malcolm Gladwell (middle, seated) meets with corporate leaders, including SMPHI Chairman Hans Sy and SM Investments Vice Chairperson Teresita Sy-Coson, before serving as the Keynote Speaker of SM Supermalls’ Tenant-Partners S...
Korean telecom fraud ‘crime boss” nabbed in Cavite
September 6, 2023
A Korean allegedly involved in telecommunications fraud in South Korea and the Philippines has been arrested in Cavite.
‘Fight hegemonic ambition’
September 6, 2023
• Marcos rallies ASEAN to let rule of law prevail • PBBM meets China’s Li, Canada premier Trudeau • PH leader meeting US VP, Japan PM too JAKARTA—President Ferdinand Marcos Jr. on Tuesday urged the Association of Southeast Asian Nations (ASEAN) to protect the rules-based international order against countries with a “hegemonic ambition” at a […]
The post ‘Fight hegemonic ambition’ appeared first on Manila Standard.
The post ‘Fight hegemonic ambition’ appeared first on Manila Standard.
Chinese PM: Major powers must keep cool to avoid ‘new Cold War’
September 6, 2023
China’s premier said on Wednesday that major powers must keep their differences under control and avoid “a new Cold War,” in a thinly veiled reference to Washington, as top Asian and US officials gathered for talks in Indonesia. Beijing has expressed concern about US-backed blocs forming on its doorstep while facing disputes with other powers […]
The post Chinese PM: Major powers must keep cool to avoid ‘new Cold War’ appeared first on Manila Standard.
The post Chinese PM: Major powers must keep cool to avoid ‘new Cold War’ appeared first on Manila Standard.
Trump uses Facebook to fund presidential run, two years after Meta banned him
September 6, 2023
Donald Trump's return to Facebook has helped his campaign to raise a ton of money throughout his legal struggles, including since his arrest in Georgia.
$22m in pledges secured from Indonesia firms
September 6, 2023
The country’s capacity to improve on artificial intelligence (AI) and digital connectivity as well as to manufacture animal vaccines got a boost after President Ferdinand Marcos Jr. secured some $22 million worth of investment pledges from Indonesian companies. The Presidential Communications Office on Wednesday said the pledges were made during Mr. Marcos’ meeting with Indonesian […]
The post $22m in pledges secured from Indonesia firms appeared first on Manila Standard.
The post $22m in pledges secured from Indonesia firms appeared first on Manila Standard.