Citadel's Ken Griffin says Trump's tariffs could lead to crony capitalism
Citadel CEO Ken Griffin warned against President-elect Donald Trump's proposed steep tariffs, citing concerns about crony capitalism. Griffin expressed worries ...
Tag: Stock markets
Baidu posts 3% drop in third-quarter revenues, beating market expectations
Chinese tech giant Baidu reported a 3% decline in third-quarter revenue, reaching $4.78 billion, with net income rising by 14% ...
China retail sales beat forecasts in October while real estate slump worsens
In October, China saw strong growth in retail sales, with a 4.8% increase year-on-year, exceeding expectations. However, real estate investment ...
Chinese AI startup takes aim at OpenAI's Sora with image-to-video tool launch
Beijing-based Shengshu Technology announced that its AI-powered text-to-video tool Vidu can now create videos by combining images, allowing users to ...
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese social media and gaming company Tencent exceeded profit expectations in the third quarter, with a 47% surge in profit ...
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
China announced a 10 trillion yuan package over five years to address local government debt issues, with plans to expand ...
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