GM discloses $6bn hit from transition to EV and China restructuring
Detroit-based carmaker says it ‘proactively reduced EV capacity’...
1dFinancial TimeseconomicsImpact
Detroit-based carmaker says it ‘proactively reduced EV capacity’...
China’s economy has successfully weathered mounting shocks, including US tariffs and technology curbs, and continues to innovate despite a challenging environment, according to the mouthpiece of the r...
Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China’s property sec...
Company confident ‘last details’ of deal with White House to resume AI chip exports will be finalised soon...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
There’s opportunity in inequality. There’s also an election coming up....
Fidelity International calls AI “the defining theme for equity markets” in the coming year....
Nicolas Maduro's allies have been particularly vocal in their condemnation of the US' capture of the deposed Venezuelan leader. Among them are Russia, Iran and China. US control of oil reserves in Ven...
Meta Platforms’ multibillion-dollar acquisition of Manus, a Chinese-founded artificial intelligence agent start-up, has set off a mix of excitement and unease in China’s tech circles, opening what som...
China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically c...
Article URL: https://switchgear-magazine.com/tm-news/business/china-starts-uhv-power-line/ Comments URL: https://news.ycombinator.com/item?id=46543807 Points: 9 # Comments: 4...
Dogecoin is up 17% in the last week as interest in meme coins begins to rebound as Bitcoin climbs to a monthly high....
Article URL: https://www.ic-pcb.com/chinas-leading-dram-maker-cxmt-targets-42-billion-ipo-as-it-takes-on-samsung-sk-hynix-and-micron.html Comments URL: https://news.ycombinator.com/item?id=46482777 Po...
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to an International Monetary Fund’s estimate, potentially diminishing the East Asian nation’s presence o...
Financial giant JPMorgan will expand its JPM Coin from Base to Canton Network, just days after Canton’s coin set a new peak price....
JPMorgan’s Kinexys unit is taking JPM Coin beyond its existing rails, planning a native launch of the US dollar deposit token on the Canton Network....
Michael Burry, the investor of "The Big Short" fame. Astrid Stawiarz/Getty Images Michael Burry touted health insurer Molina as a winning stock pick on his Substack. The "Big Short" in...
Businesspeople, students, tourists among those sharing space on the 1,860km TAZARA railway built by China in the 1970s....
Crypto-treasury stocks can fall harder than the coins they hold. Leverage, valuation premiums, dilution risk and equity market structure amplify downside moves....
📋 Key Facts ✓ The US wants to sell GM soya and corn to India. ✓ Indian farmers are wary of GM soya and corn. ✓ ...