HK, mainland stocks open lower
Global bonds tumbled and the greenback stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month. Hong Kong and mainland stocks, meanwhile, opened lower on Wednesday. The Hang Seng Index was down 202 points, or 0.83 percent, at 24,354. On the mainland, the benchmark Shanghai Composite Index opened 0.22 percent lower at 3,655 whereas the Shenzhen Component Index fell 0.32 percent at 11,205. In Japan, the Nikkei share gauge climbed for a third straight session as data and earnings reports restored some optimism to the battered AI sector. The benchmark Nikkei 225 advanced 0.8 percent to 60,942 as of the midday break. The Kospi in Seoul rose 0.4 percent during morning trade. (Reuters/Xinhua) Edited by Edmond Fong
Read full articleMORE NEWS
Can Traveling With Your Dog Make Every Journey More Meaningful?
From photographing dogs worldwide to traveling with his beloved Elsa, The Dogist founder Elias Weiss Friedman shares how canine companionship transformed his career, inspired a business and enriched his travels. The post Can Traveling With Your Dog Make Every Journey More Meaningful? appeared first on Business Traveller.
Toyota Plans to Sell a Kei Pickup Truck in the U.S.
The automaker plans to sell Americans “Kei” pickup trucks, which are very popular in Japan and with U.S. auto enthusiasts. Even President Trump is a fan.
Nvidia hires major US law firm to investigate alleged Chinese spy affair
The appointment was made after it emerged Jensen Huang had an affair with a woman believed to be a spy for China.
Hyatt’s New Luxury Chief Wants to Rethink the Hotel Experience
From founding Mr & Mrs Smith to leading Hyatt’s luxury brands, Tamara Lohan is challenging hotel conventions, questioning rigid check-in times and demanding more personal, distinctive experiences for discerning travelers.their guests—and what needs to change The post Hyatt’s New Luxury Chief Wants to Rethink the Hotel Experience appeared first on Business Traveller.
Family fed up with UK's 'doom and gloom' moves abroad - slashing monthly bills by more than £1,200 with new life in the sun
After six months of seemingly endless rain and soaring energy bills, one family decided enough was enough - and traded the UK for sunshine in Malta.
Anthropic’s Giant IPO Will Tie It Closer to Nvidia
Nvidia planned to invest $10 billion in Anthropic alongside its initial public offering, the largest of the new financial commitments from several giants to the A.I. company.
Law on 'holiday hunger' passed by Stormont assembly
A majority of 49 to 24 assembly members backed the legislation, which was proposed by Sinn Féin's Danny Baker and welcomed by some parents and charities.
What we know so far about Jensen Huang's affair with suspected Chinese spy
The billionaire tech executive finds himself mired in a personal and national security scandal.
Who Is Alice Huang, the Woman in the Middle of Nvidia’s Spy Scandal?
Alice Huang, who U.S. intelligence determined is a Chinese asset, emerged from the high-flying world of Shanghai finance to work with tech titans and obtain essential A.I. chips.
Nvidia Hires Wachtell Lipton to Investigate CEO Jensen Huang’s Affair With Chinese Executive
Wachtell partner Joon H. Kim, a former acting U.S. attorney, is leading the inquiry into the chip maker’s chief executive.
Passenger Arrested in Connection to Possible Homicide on Cruise Ship
The F.B.I. is investigating the death of a female passenger on the Caribbean-bound MSC Seascape, which departed from Galveston on Monday.
Airbus Breaks Boeing’s 21-Year Distance Record With 24-Hour A350 Flight
Airbus has broken Boeing’s 21-year commercial aircraft distance record with a 24-hour A350-1000ULR flight, validating the technology behind Qantas’ planned nonstop Sydney–London and New York services launching in 2027. The post Airbus Breaks Boeing’s 21-Year Distance Record With 24-Hour A350 Flight appeared first on Business Traveller.