No Need for US Rate Hike $QQQ $SPY
The Fed has raised its benchmark lending rate 11 times over the past 18 months to a level not seen for 22 years as it grapples with inflation still stubbornly…
China Adds to Tax Cuts $BABA $JD $BIDU
China has ramped up fiscal policies to support the development of businesses and bolster the real economy this year, official data showed. Newly implemented tax refunds, as well as tax…
Gold Prices Rise as Investors Seek Safe Haven
Gold prices rose on Wednesday as investors sought safe haven amid concerns about the global economy. The price of gold futures rose 0.6% to $1,769.40 an ounce. Reasons for the…
China to Invest $40 Billion in Semiconductors After Huawei Breakthrough
China is planning to invest $40 billion in the semiconductor industry after Huawei Technologies, a major Chinese telecommunications company, made a breakthrough in the development of high-end chips. The investment…
Gold Miners Vs Gold Bullion $GC=F $GOLD $GDX $XAUUSD
Historically, gold miners have outperformed gold bullion as an investment. This is because gold miners are able to benefit from rising gold prices in two ways: Gold bullion, on the…
Tesla Lead the Self-Driving Revolution $TSLA
In Munich, where this week's IAA motor show is taking place, an interactive street survey elicits an overwhelming "yes" when asking passers-by if they would take a self-driving taxi from…
US and UK Use of Depleted Uranium is a War Crime
The use of depleted uranium (DU) by the US and UK military is a war crime because it violates the prohibition on the use of weapons that cause unnecessary suffering…
China Auto Indicator Points to Economic Rebound $BABA $BIDU $JD
China's auto production and sales rose 7.4 percent and 7.9 percent year on year, respectively, in the first seven months of this year, posting steady growth, according to an official…
2023 China International Fair for Trade in Services
As China has been committed to setting up a high-standard opening-up system for the services sector, this year's CIFTIS represents an epitome of the country's step forward to widen access…
Tesla and Chinese EVs at IAA $TSLA $BYD
Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair on Monday, throwing down the gauntlet to their European rivals as competition in the sector…
