Asia Archives - Page 27 of 119

2 minute read

2008 ‘Big Short’ Oracle Burry Bets Big On Chinese Giants, Backs Google, Amazon’s AI Wave

February 14, 5:09 PM

Michael Burry, the visionary investor, made significant changes to his portfolio in Q4 2023. Increased stakes in Chinese retailers and two US tech giants, divested from four companies and reduced holdings in others.

AMZN

2 minute read

Asia Markets Mixed, Europe Gains, While Crude Oil Trades Above $78 – Global Market Overview While The US Slept

By Akanksha Bakshi

February 14, 8:56 AM

On Tuesday, February 13th, U.S. stock markets closed lower following an unexpected surge in consumer inflation, which tempered…

ADIV

3 minute read

Emerging Markets Guru Says ‘Time To Go Shopping For Hidden Gems At A Steal’ As He Sees Opportunities In Bruised Chinese, Hong Kong Stocks

By Shanthi Rexaline

February 14, 4:45 AM

The travails of the Chinese and Hong Kong markets could end once domestic property markets resurges, says Mark Mobius.

BABA

2 minute read

Temu Wants To Take Down Amazon — It Has A Secret Weapon

By Surbhi Jain

February 13, 12:38 PM

Temu has emerged as a formidable player in the e-commerce arena, achieving remarkable growth in traffic and sales, particularly in the U.S.

AMZN

2 minute read

Japan Shines In Asia Market Index, Europe Dips, While Crude Oil Crosses $77 – Global Market Overview While The US Slept

By Akanksha Bakshi

February 13, 8:56 AM

On Monday, February 12th, U.S. stock markets ended mixed; the Nasdaq composite dropped, the Dow gained ahead of…

ADIV

3 minute read

Temu Goes Viral — Good And Bad — With ‘Shop Like A Billionaire’ Super Bowl Commercial

By Chris Katje

February 12, 7:50 PM

Temu commercials during Super Bowl LVIII quickly went viral for good and bad reasons. Despite the criticism, the company proved successful from Super Bowl ads previously and could be a big winner.

PARA

2 minute read

International Criminal Court Raises Alarm Over Israeli Rafah Operations, Urges Justice For War Crimes

By Piero Cingari

February 12, 5:57 PM

ICC Prosecutor expresses concern over Israeli actions in Rafah, vows to bring justice for violations of Rome Statute. No impact on Israeli stocks.

EIS

2 minute read

Asia Markets Fall, Europe Gains, Crude Oil Remains Above $76 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

February 12, 9:30 AM

On Friday, February 9th, U.S. stock markets ended mixed, with the S&P 500 exceeding 5,000, and the Nasdaq…

ADIV

2 minute read

Despite US Sanctions, China Pushes Forward In Advanced Chip Development, But Challenges Persist: Report

By Benzinga Neuro

February 12, 4:51 AM

China's largest chipmaker, SMIC, has managed to produce more sophisticated chips despite U.S. sanctions. However, the company still faces significant hurdles in its quest for semiconductor self-sufficiency.

ASML

2 minute read

How Chinese EV Traders Are Beating Global Barriers With A Stealthy Tactic To Conquer New Markets

By Benzinga Neuro

February 12, 1:57 AM

The traders are taking advantage of a policy that permits used cars to be sold abroad without the carmakers' authorization.

BYDDF