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Boeing Projects Demand For 43,600 Jets Over Next 20 Years—Asia, Single-Aisle Planes To Lead The Charge
Monday, June 16, 2025 - 8:01am | 699Even as its troubles refuse to die down, aviation giant Boeing Co. (NYSE:BA) remains optimistic about the future and continues to bet on a surge in global air travel over the next two decades. What Happened: On Sunday, Boeing released its 2025 Commercial Market Outlook, forecasting global demand...
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Billionaire Investor Ray Dalio's Bridgewater Bets Big On Asia—But Snubs China In New $7.6 Billion Push
Tuesday, June 3, 2025 - 8:49am | 621Billionaire investor Ray Dalio’s Bridgewater Associates is planning to accumulate funding for an Asia-excluding-China fund that caters to Chinese investors looking to diversify their holdings across the Asian economy. What Happened: Bridgewater’s Chinese arm is looking to raise funds...
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Navellier Dismisses Emerging Markets: 'Everybody's In A Recession Except For Us'
Thursday, February 27, 2025 - 4:13pm | 504Louis Navellier, the growth investor behind Navellier & Associates, joined Benzinga’s PreMarket Playbook Thursday morning to discuss American exceptionalism in equity pricing, growth stocks and economic indicators impacting the markets. International Stocks: Navellier says he doesn...
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Opportunities For Tariff Rate Arbitrage Under Trump Remain Open, But Asian Countries 'Are Going To Come Under Pressure,' Says Analyst
Monday, December 30, 2024 - 8:14am | 517As the Trump administration prepares to take office, analysts are identifying potential opportunities for tariff rate arbitrage. This comes amid expectations of increased tariffs on Chinese imports, which could have significant implications for global trade dynamics. What Happened: Evan Feigenbaum...
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Why Nvidia, Apple Chip Supplier TSMC Stock Is Rallying In Wednesday's Premarket
Wednesday, October 9, 2024 - 8:19am | 267Shares of foundry Taiwanese Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) climbed in premarket trading after the company reported September revenues. The Hsinchu, Taiwan-based company said its September revenues rose 0.4% month-over-month and jumped 39.6% to NT$ 251.87 billion ($7.82 billion)....
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Bitcoin, Ethereum ETFs Of Asian Origin Record Lackluster Performance As Volatility And US Regulatory Uncertainty Keeps Investors Away
Monday, September 9, 2024 - 2:13am | 651The first-ever cryptocurrency exchange-traded funds (ETFs) that were introduced in Hong Kong earlier this year have experienced subpar performance and a lack of investor interest, despite the initial excitement surrounding their launch. What Happened: A recent report by Nikkei Asia revealed that...
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Apple, Nvidia Supplier Foxconn Clocks Record June Quarter Revenue As Net Margin Slips, Issues Upbeat Q3 Guidance: Management Touts AI Servers As Company's 'Next Trillion-Dollar-Revenue Product'
Wednesday, August 14, 2024 - 6:06am | 526Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:HNHPF), a supplier to tech companies such as Apple, Inc. (NASDAQ:AAPL) reported record June quarter revenue and earnings that exceeded estimates, thanks to strong artificial intelligence server revenue. The company, which is...
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Move Over Yen, Yuan Carry Trades Could Be Next Ticking Bomb, Warns Strategists: 'But It's Below The Danger Levels We Monitor'
Wednesday, August 7, 2024 - 4:43am | 541The unwinding of the yen carry trades roiled the global markets on Monday although sanity returned, helping a rebound. Even as analysts sound caution regarding further unwinding that could happen over time and prolong the sell-off, a new threat is likely to aggravate matters further. Yen Out, Yuan...
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Japan's Shaken By 5.9 Magnitude Earthquake, No Tsunami Warnings Issued
Sunday, June 2, 2024 - 8:42pm | 416Japan’s Ishikawa Prefecture was struck by a 5.9 magnitude earthquake early Monday, but authorities have not issued a tsunami warning, easing concerns for residents and officials. What Happened: NHK World-Japan reports that a 5.9 magnitude earthquake hit Ishikawa Prefecture on Monday morning,...
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Eli Lilly Secures China Nod For Popular Weight Loss/Diabetes Drug Tirzepatide
Tuesday, May 21, 2024 - 9:36am | 544On Tuesday, Eli Lilly And Company (NYSE:LLY) announced that Chinese regulators have approved its diabetes drug tirzepatide. This approval sets the stage for heightened competition with Novo Nordisk A/S (NYSE:NVO) in the crucial Asian market. Tirzepatide, known...
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Alibaba Sparks AI Price War With Massive Discounts: Report
Tuesday, May 21, 2024 - 9:23am | 737In a major move, Alibaba Group Holding Ltd (NYSE:BABA) slashed prices on its artificial intelligence services by up to 97%, prompting immediate reactions from competitors Baidu Inc (NASDAQ:BIDU) and ByteDance Ltd. This aggressive pricing strategy is...
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ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remote Shutdown Feature
Tuesday, May 21, 2024 - 9:19am | 633ASML Holding NV (NASDAQ:ASML) and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) can remotely turn off their sophisticated chipmaking machines if China invades Taiwan, Bloomberg reports. U.S. government officials have discussed with Dutch and Taiwanese authorities the...
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Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Tuesday, May 21, 2024 - 8:43am | 529Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business....
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Alibaba and Douyin Partner In Strategic Move to Dominate China's Midyear Shopping Craze
Tuesday, May 21, 2024 - 8:35am | 512Alibaba Group Holding Ltd’s (NYSE:BABA) Taobao and Tmall Group are collaborating with ByteDance-owned Douyin to draw users from the Chinese short video platform, aiming to boost their presence in the mainland’s annual midyear shopping festival. ...
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China's EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2
Tuesday, May 21, 2024 - 7:05am | 428Chinese EV maker XPeng Inc (NYSE:XPEV) reported fiscal first-quarter sales growth of 62.3% year-on-year, to 6.55 billion Chinese Yuan ($0.91 billion), beating the analyst consensus estimate of 6.17 billion Chinese Yuan ($0.87 billion). Total revenues ...