US tech titans Tim Cook and Elon Musk are under fire for their business ties to China but they are not the only Western tech executives trying to protect their hard-won Chinese markets in an increasingly hostile political environment at home. US semiconductor production equipment heavyweights Applied Materials, Lam Research and KLA participated in the […]Continue Reading
Two of the worst-performing US tech stocks this week – Cisco and Tesla – have something in common: Both ran into a buzz-saw of Chinese competition. At the New York opening April 21, Telsa had lost more than 12% during the week and Cisco more than 8.1%. Tesla’s Chinese competitor BYD announced an $11,400 electrical […]Continue Reading
Financial markets are flashing a range of danger signals about the path Washington and the Fed are on now. They reflect the weakened ability of the Fed to fight inflation, as the present confrontational talks about the federal government’s budget add to compounding mistaken policies since 2008. The 10-Year Treasury is at 3.4% where it […]Continue Reading
China’s powerful stock rally has a remarkably important driver of momentum behind it: the nation’s 1.4 billion consumers. After a lackluster start, households are finally getting on board the post-Covid-19 reopening trade – and doing so en masse. In March alone, retail sales jumped 10.6% year on year. According to the National Bureau of Statistics, […]Continue Reading
It comes after a video appeared to show staff giving ice cream to foreigners and refusing local visitors.Continue Reading
It is time Thailand and India expand their economic cooperation and bilateral relations, especially as the South Asian giant is at the forefront of the global economy, said Nagesh Singh, India’s ambassador to Thailand.Continue Reading
A new documentary produced by a consortium of public broadcasters in Sweden, Denmark, Finland and Norway has revealed what appears to be a profound threat to maritime and undersea energy and data infrastructure in the North Sea and the Baltic region. “The Shadow War” includes footage of a Russian research vessel called Admiral Vladimirsky allegedly […]Continue Reading
WASHINGTON: A US congressional war game simulating a Chinese invasion of Taiwan showed the need to arm the island “to the teeth”, the chair of a committee on China said on Thursday (Apr 20), after the exercise indicated the US must boost production of long-range missiles and businesses must braceContinue Reading
Singapore’s non-oil domestic exports, a key indicator of the health of its trade-reliant economy, fell for the sixth straight month in March.Continue Reading
Thailand sent over 100,000 workers abroad last year, which brought in almost 300 billion baht in remittances, according to the Department of Employment.Continue Reading