LiveChina’s Manufacturing Activities Continued to Decline as Challenges Rise
On Saturday, August 31, the National Bureau of Statistics of China reported that China’s official manufacturing purchasing managers’ index fell to 49.1 in August 2024...
Category : WORLD
Oil Prices Gained on Positive US Economic Data, Libya Disruptions
Oil stabilised after surging on Thursday, August 29, following positive US economic data and escalating supply disruptions in Libya. Brent for November was trading at...
Asian Stocks Set to Slide as Nvidia Earnings Disappoint
Asia stocks open on the negative side, tracing their US peers after underwhelming quarterly earnings from Nvidia Corp. South Korea’s Kospi Index slid more than...
Chinese Hackers Attack Indian, US Companies Using a Software Flaw
A vulnerability in Versa Networks’ software is being exploited by a Chinese hacking group called Volt Typhoon to target companies in the U.S. and India....
Canada Imposes a 100% Tariff on Imports of Chinese Electric Vehicles
On Monday, August 27, Canada announced that it would apply a 100% import tax on electric vehicles manufactured in China, joining the U.S. and the...
Asian Stocks Surged as Investors Countdown to Interest Rate Cuts
Asian stocks made gains on Monday, August 26, and the yen strengthened at the beginning of the week as investors positioned themselves in anticipation of...
US Becomes the Top Trading Partner of India in H1 2024: GTRI
According to the Global Trade Research Initiative (GTRI), the United States became India’s primary trading partner in the first half (H1) of this year. At the...
OpenAI Signed Content Deal with Condé Nast
The AI startup OpenAI, led by Sam Altman, has announced a long-term collaboration with Condé Nast to showcase content from its brands, like Vogue and...
Asian Stocks Climbed on Bullish Wall Street Cue
Asian stocks climbed following a strong session on Wall Street on Tuesday, fueled by expectations that the Federal Reserve will soon indicate its readiness to...
AMD to Acquire Server Manufacturer ZT Systems for USD 4.9 Billion in Cash and Stock
AMD announced on Monday its intention to purchase ZT Systems, a server manufacturer, for USD 4.9 billion. The acquisition will expand AMD’s artificial intelligence chip...