CLN KraneShares Key News Asian equities had a strong day, with Japan, Hong Kong, South Korea, and Taiwan posting +2% returns, with Australia the only market down overnight. Hong Kong had a strong night led higher by internet stocks on a strong volume of 133% of the 1-year average and strong breadth with 410 advancers …
High-rise buildings sprawl out across the Taiwanese capital Taipei. Ratima Sritangwong | EyeEm | Getty Images The Taiwan Weighted Index hit an intraday high of 20,296 before paring gains, according to data from Factset. It could go up to 24,000 before the year ends, according to Paul You, chairman of First Securities Investment Corporation. The …
Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies and other major domestic handset vendors. Cupertino, California-based Apple plans to expand its research centre in Shanghai to support all of its product lines and …
We’re all familiar with what our planet looks like. We know the countries, the oceans. But beneath those oceans is something rarely seen. A technological marvel. An underwater information superhighway, a global web of nearly 500 cables that lace the contours of the ocean floor. Every viral meme, every email, every Facebook post, every chart-topping …
Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets positive Wall Street hit another record on Friday as …
“I understand, however, that SpaceX is possibly withholding broadband internet services in and around Taiwan — possibly in breach of SpaceX’s contractual obligations with the U.S. government,” read the letter, which was signed by Rep. Mike Gallagher, R-Wi., who chairs the House CCP committee. The Pentagon awarded SpaceX a one-year contract for Starshield in September, …
US Joint Forces should employ machine learning to better anticipate threats in the Pacific amid China’s activities in the Taiwan Strait and South China Sea, according to a senior American commander in the region. Addressing Silicon Valley executives on Tuesday at an event hosted by the Defence Innovation Unit, a Pentagon group created to hasten …
Modi posted on X saying, âThe launch of India’s UPI services in Sri Lanka and Mauritius underscores the robust linkages between our countries.â Here’s a list of the countries that have started accepting payments through UPI: 1 – Bhutan (UPI) NPCI International Payments Ltd (NIPL), the international arm of National Payment Corporation of India (NPCI) …
According to a report by PTI, Young Liu, the chairman of Apple supplier Foxconn, has praised the chip ecosystem in India. He referred to it as “very brave” during his address at the second edition of SemiconIndia. Liu expressed optimism about India’s semiconductor roadmap and stated that Taiwan will be India’s most trusted and reliable …