NEW YORK (dpa-AFX) – On Thursday, investors took profits in technology stocks on the New York stock exchanges. The Nasdaq 100, which was shaped by this industry last fell by 0.87 percent to 16,250.95 points. The tech values barometer has still gained 3.4 percent this week. The development of the standard stocks was somewhat more … Read more
The Chinese Ministry of Industry has asked technology companies such as Alibaba and Tencent not to block each other’s web site links on their platforms, the 21st Century Business Herald was quoted as saying on Saturday. According to sources quoted in the publication, the Ministry of Information Technology and Industry has proposed standard companies for … Read more
NEW YORK (dpa-AFX) – After early records in some US indices, the mood on the New York stock exchanges faded on Tuesday. Disappointing economic data dampened investors’ willingness to take risks, and losses have mostly been on the price board recently. Both the S&P 500 had records in early trading as well as the Nasdaq … Read more
CHANGI, KOMPAS.com – One dog pets in China be a herd meal wolf, after the owner accidentally dropped it. In the viral video, it appears that the shichon type animal was attacked by one of the wolves who then took it away. The footage was reportedly recorded in the Valley Wolf Liar, near the city … Read more
Jakarta, CNN Indonesia – One of the largest mobile phone manufacturers in the world, Xiaomi, reportedly planning to make electric car using Great Wall Motor’s production facilities. The project’s first model is said to appear in 2023. This information appears in the report Reuters who got information from three people with knowledge of the plan. … Read more
Jakarta, CNBC Indonesia – The Chinese market authorities again accused of monopolistic practices in their country. The local government fines 12 companies related to 10 agreements deemed illegal monopoly. The policy was announced directly by the State Administration for Market Regulation (SAMR). They also announced a number of them including Chinese giants such as Baidu, … Read more
Summary [Baidu and Geely declined to comment on rumors of rebuilding cars]It is reported that Baidu plans to form a company to produce smart electric vehicles, and will carry out production at Geely Automobile’s factories, including negotiations on the use of Geely’s electric vehicles as the focus. Platform: Sustainable Experience Architecture (SEA) for future product … Read more
Summary On Tuesday, Eastern Time, the three major US stock indexes collectively rose. As of press time, the Dow is up 0.34%, the Nasdaq is up 0.73%, and the S&P 500 is up 0.60%. In terms of individual stocks, Baidu’s share price soared by more than 9%, and its market value returned to above $60 … Read more