HK stocks slip as new fears weave around AI boom
Mainland stocks fell on Thursday to their lowest close in 14 months, tracking broad weakness across global markets, as technology shares led declines after stronger-than-expected US inflation data fuelled concerns that interest rates could rise further. In Hong Kong, the benchmark Hang Seng Index fell 251 points, or one percent, to 24,062 on turnover of HK$224.16 billion. The tech index dropped 113 points, or 2.7 percent, to 4,060 as shares of Alibaba slumped 3.7 percent while the China Enterprises Index was 79 points, or one percent, lower at 8,103. On the mainland, the benchmark Shanghai Composite Index ended down 59 points, or 1.59 percent, at 3,707 and was paced in its fall by a 1.6 percent decline for the blue-chip CSI300 index. The Shenzhen Component Index was 293 points, or 2.43 percent, lower at 11,816 while the ChiNext Index lost 83 points, or 2.92 percent, to finish at 2,783. "The recent pullback seems to be driven more by a concentrated unwinding of elevated tech crowding, while mutual funds also face pressure related to break-even redemptions," said Lei Meng, China equity strategist at UBS Securities. "Geopolitics, US Treasury yields and oil-price volatility have contributed to tighter dollar liquidity due to their impact on inflation expectations, weighing on...
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Sofia Coppola on Cartier, Marie Antoinette and her love for Japan
Cartier unveiled the second chapter of its latest high jewellery collection, Le Chœur des Pierres, at the Kyoto National Museum on Tuesday. Among the new creations are the Panthère Tunya necklace, embellished with emeralds, yellow diamonds, white diamonds and onyx; and the Undara earrings, made of white gold, diamonds and blue spinels. Cartier ambassadors including Jisoo from Blackpink, director Sofia Coppola and Japanese actor Ryo Yoshizawa attended the glamorous event, which culminated in a...
The beautiful 'Maldives of Europe' beach destinations where you can stay for as little as £48 a night - and it's still warm in autumn
White sandy shores, turquoise waters and warm weather - here are the Maldives alternatives across Europe that are perfect for an autumn break.
Schwebend oder schwimmend: Fünf außergewöhnliche Wege ins Büro
Ob schwimmend, mit der Seilbahn, der Rolltreppe oder dem Wasserbus: Viele Wege führen ins Büro. The post Schwebend oder schwimmend: Fünf außergewöhnliche Wege ins Büro appeared first on Business Traveller.
Anthropic flags revenue surge to investors ahead of stock market debut
It comes as some investors have become concerned about the amount of money being spent on AI infrastructure.
Vier Szenarios, wie KI das Travel Management verändern könnte
Künstliche Intelligenz wird das Corporate Travel Management bis zum Jahr 2035 prägen. Vier Zukunftsszenarien zeigen, wie verschieden sich KI auf Prozesse, Organisationsmodelle, Rollen und Entscheidungsstrukturen auswirken könnte. The post Vier Szenarios, wie KI das Travel Management verändern könnte appeared first on Business Traveller.
8 old wives’ tales about colds and how to avoid them, from vitamin C to sleep to warm beer
Colds may be spreading where you are as the end of the year nears, and they are usually followed by plenty of tips on staying well – but are any of them worth your while? We asked scientists whether we should drink warm beer, head to the sauna, take vitamin C supplements and more. 1. If you let yourself get cold, will you catch a cold? This is partly true. However, feeling cold does not automatically make you ill, which requires viruses. “It is true that your body’s defences are weakened to some...
Christmas markets from HELL! The most depressing festive events seen across the UK - including £21 beers, enormous crowds and tempers flaring
From a £50 'YouTube slideshow' to a one-minute Grinch ride, fake Santas and vicious brawls, these are Britain's most disastrous Christmas markets.
Rare Van Gogh painting in Hong Kong; Forbidden City’s workshops: 7 Lifestyle highlights
We have selected seven Lifestyle stories from the past seven days that resonated with our readers. If you would like to see more of our reporting, please consider subscribing. 1. Rarely seen Van Gogh landscape on show in Hong Kong ahead of New York auction A collection of Impressionist and post-Impressionist masterpieces – including a rarely seen landscape painting by Vincent van Gogh – which have been hidden from public view for more than half a century, will be going under the hammer this...
Way Too Many People Can't Pass A Simple Geography Test, And It's A Little Depressing
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Montenegro confirmed to host ABTA’s Convention 2027
The National Tourism Organisation of Montenegro is delighted to announce that Montenegro has been selected to host ABTA’s Travel Convention in 2027, welcoming leaders from across the UK travel industry to one of Europe’s most exciting emerging destinations.
CRUISE PLUS AND INCREDIBLE JOURNEYS HOST THEIR FIRST-EVER JOINT SHOWCASE EVENT
Cruise Plus and Incredible Journeys, the specialist brands of Gold Medal Travel Group joined forces for their first-ever Cruise Plus & Incredible Journeys Showcase at Lancaster House in Leyland. The event gave over 40 travel agents access to 25 industry-leading suppliers across the cruise and touring sectors over two days, via speed-dating-style sessions designed to build product knowledge and support their sales. Both days each featured a panel session bringing together voices from across the travel trade, including a cruise panel was chaired by Andy Harmer, Managing Director of CLIA UK & Ireland.
Thousands of NI workers to get pay bump as Real Living Wage rises
About 6,000 workers in NI are paid the Real Living Wage - which is voluntarily paid to reflect the cost of living.