‘Taiwan’s New President Lai Ching-Te Takes Office Amid Tensions With China’ – CNBC
https://www.cnbc.com/2024/05/20/taiwan-new-president-lai-ching-te-takes-office-amid-tensions-with-china.html
“Iranian President Raisi Feared Dead Following Helicopter Crash As State Media Says ‘No Sign Of Life'” – CNBC
https://www.cnbc.com/2024/05/20/iranian-president-ebrahim-raisi-is-feared-dead-following-a-helicopter-crash-state-media-.html Iranian President Ebrahim Raisi is feared to have died in a helicopter crash along with
Lai Ching-Te Inaugurated As Next President Of Chip Powerhouse Taiwan
Lai Ching-te has been sworn in as the new president of Taiwan, succeeding Tsai Ing-wen and pledging to continue the island's policy of de facto independence while strengthening its defenses against China.
Stock Market To Rally For 3-5 Years Before AI Bubble Bursts, Predicts Veteran Analyst Gene Munster: ‘We’re In The Early Stages’
The stock market is set to continue its bull run for another three to five years before an AI bubble bursts, according to veteran tech analyst Gene Munster.
Zijin Mining Sets Ambitious 50% Growth Target For Copper Production By 2028
Chinese mining leader Zijin Mining Group boosts copper production targets in response to soaring prices and plans to acquire global mines.
Fresenius SE’s Future With Dialysis Company Unclear, Investors Seek Answers
Investors urge Fresenius SE to clarify its strategic plans for Fresenius Medical Care after recent deconsolidation. Despite holding a 32% stake, challenges like high dialysis patient mortality and nursing shortages impact both companies' performance and share value.
Baidu Has An ‘Increasing Gen-AI Centric Revenue Mix’: Analysts Look Into Q1 Results, Outlook
Baidu shares down despite strong quarterly results and upbeat analyst takeaways. Mobile ecosystem and AI cloud business driving growth.
EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan
J.P. Morgan's recent Battery Series provided insights on the industry's future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations. Focus on fast charging & cost reduction. Localization trends impact supply chain.
China Goes All In As Beijing Vows To Buy Unsold Properties: Chinese Stocks Rally, Copper Hits All-Time Highs
China announces aggressive measures to boost property market, including easing mortgage rules and urging local governments to purchase unsold homes. Stocks and commodities tied to China rally in response to the news.
Tesla Cuts Workforce By 10% In Norway, Offers Severance Package Amid Global Restructuring
The severance package comprises a minimum of three months of full salary without work obligations, even for those recently hired.