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China 'Increasingly A Risk': Analyst Previews Semiconductor Stocks Ahead Of Earnings
Tuesday, January 21, 2025 - 4:16pm | 715Ahead of fourth-quarter earnings, Bank of America analyst Vivek Arya is looking closely at automotive demand headwinds and a possible trade war with China. The Semiconductor Analyst: Arya also published a note on the semiconductor industry on Tuesday, covering several companies: Texas Instruments...
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'Canada will never be the 51st state. Period': Pierre Poilievre Slams Trump's Push For Annexation
Tuesday, January 7, 2025 - 8:31pm | 623On Tuesday, Pierre Poilievre, the leader of Canada’s Conservative Party, has publicly denounced the idea proposed by President-elect Trump of making Canada the 51st state of the United States. What Happened: Poilievre took to social media platform X to voice his disagreement with Trump...
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Investors Pour Money Into US Stocks, Shun Europe In Historic Fashion
Tuesday, December 17, 2024 - 3:58pm | 783Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post on X from Mike Zaccardi relayed data from the Bank of America fund manager survey. BofA FMS: 4th biggest overweight of US...
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Gold's Race To $3,000: Mohamed El-Erian Says US And Other Western Nations Can't Afford To Ignore It
Monday, October 21, 2024 - 9:11am | 589Gold prices are nearing the $3,000 per ounce mark, signaling a potential shift in global economic dynamics. Economist Mohamed El-Erian has emphasized the significance of this trend. What Happened: El-Erian urged the U.S. to take notice and pointed out that gold’s price has surged nearly 40%...
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As US Tackles Inflation With Rate Cuts, IMF MD Sounds Alarm: 'Not Yet Time To Celebrate' Amid Looming Low Growth, High Debt
Friday, October 18, 2024 - 4:16am | 546Amid ongoing global economic recovery efforts, Kristalina Georgieva, Managing Director of the International Monetary Fund, has issued a cautionary note regarding persistent challenges such as high debt and low growth. Her remarks come as the U.S. and EU implement rate cuts to tackle inflation. What...
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China Set To Surpass US In Advanced Military Manufacturing By 2035: Report
Wednesday, October 2, 2024 - 10:08am | 625China is on track to outpace the United States in advanced technology and military manufacturing by 2035, according to recent reports. What Happened: China is projected to overtake the United States in advanced technology and military manufacturing within the next decade, according to a South China...
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Hurricane Helene Devastation: The Latest On Damage, Companies Affected
Tuesday, October 1, 2024 - 2:21pm | 559Hurricane Helene’s devastation claimed the lives of more than 130 people and left nearly 800,000 without power, according to the latest figures. The storm, which made landfall on September 26, tore through the Florida Panhandle, Georgia and North and South Carolina. New Developments:...
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US Raises Alarm Over China's Secretive Emergency Loans, Calls for Greater Transparency
Tuesday, October 1, 2024 - 9:10am | 368The United States is voicing new concerns about China’s emergency loans to debt-laden countries, citing transparency issues. The United States is raising new alarms about China’s emergency loans to financially struggling nations, highlighting transparency issues. Brent Neiman, a senior...
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Japan's Shigeru Ishiba 'Could Be A Problem' For US, Experts Warn: 'Hardest For Americans To Read'
Tuesday, October 1, 2024 - 2:59am | 619Shigeru Ishiba has been elected as Japan’s new prime minister, replacing Fumio Kishida and raising questions about future U.S.-Japan relations. What Happened: Experts predict how Shigeru’s appointment might crop up changes in the relations between Tokyo and Washington, as reported by...
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US Boosts Taiwan's Military With $567M Defense Support As China Concerns Mount
Monday, September 30, 2024 - 6:38am | 511U.S. President Joe Biden has approved $567 million in defense support for Taiwan. This move aims to bolster Taiwan’s military capabilities amid escalating tensions with China. What Happened: The White House announced that Biden has given the Secretary of State the authority to “direct...
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British PM Dines With Trump, Skips Meeting With Kamala Harris Due To 'Usual Diary Challenges'
Friday, September 27, 2024 - 4:10am | 455British Prime Minister Sir Keir Starmer had a two-hour dinner with former U.S. President Donald Trump in New York. However, he did not meet Democratic presidential candidate Kamala Harris. What Happened: The dinner, held at Trump Tower, marked the first meeting between Sir Keir and Trump. They were...
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China Tightens Export Rules On Nuclear, Biotech And Missile Technologies To Bolster National Security Amid Global Tensions
Monday, September 23, 2024 - 9:15am | 482China is implementing stricter export controls on items with both military and civilian applications. What Happened: The new regulation, approved by the State Council last week, aims to safeguard national security. The Ministry of Commerce had issued a draft of these rules for public feedback in...
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US Warns Israel Against Opening A Full-Blown War Against Hezbollah As Air Strikes Kill 30 In Lebanon
Monday, September 23, 2024 - 7:44am | 552In a recent turn of events, the United States has directly cautioned Israel against escalating hostilities with Hezbollah, as the two sides engage in intense cross-border exchanges. The U.S. has urged Israel to seek diplomatic solutions, emphasizing the potential risks of a full-scale land war....
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Ukraine's Zelenskyy Heads To US To Present 'Victory Plan' Against Russia To Biden As War Drags For Over Two Years Now
Monday, September 23, 2024 - 4:42am | 579Ahead of a critical U.S. visit, Ukraine’s President Volodymyr Zelenskyy is set to discuss his “victory plan” to end the war with Russia with key American leaders. What Happened: Zelenskyy is traveling to the United States this week to present a “victory plan” to...
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Amid China Threat, US And Taiwan Team Up To Boost Drone Industry Cooperation To 'De-Risk' Supply Chains
Friday, September 20, 2024 - 8:59am | 575The U.S. and Taiwan are initiating collaboration between their drone companies to create supply chains independent of China. Executives from 26 U.S. drone and anti-drone companies will arrive in Taipei on Sunday for three days of meetings with Taiwanese counterparts, military officials, and...