China News
Cava shows a profit in first earnings report since IPO
Mediterranean fast-casual chain Cava (CAVA) reported a profit in its first earnings report release since the company’s IPO in June. Sa...
European bourses mixed, DXY softer, NZD bid following RBNZ; FOMC Minutes due – Newsquawk US Market Open
European bourses trade mixed after opening after shrugging off mild broad-based opening losses with no obvious catalyst behind the move at t...
Asian stocks tracked the losses on Wall St amid the recent macro headwinds including China’s economic woes – Newsquawk Europe Market Open
US stocks closed lower with the S&P 500 closing below its 50DMA for the first time since March APAC stocks were pressured following the ...
Banks, Big-Tech, Bitcoin & Black Gold Breakdown As Beijing Barfs, Builders’ Belief Busts
In a surprise overnight, China cut rates to pre-emptively distract from the pig-ugly China macro data (everything missed). That weakness tru...
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Five executives from a Filecoin mining service are facing a lawsuit at the People’s Court of Pingan County in China, over allegations ...
Google BARD vs. ChatGPT vs. Ernie: The AI chatbot race and Web3
By now you must be aware of the AI market being on a steady rise and heralding global news headlines. AI chatbots have been the powerhouses ...
Chinese police to crackdown on crypto and deepfake AI
After a surge in personal identity thefts and digital financial crimes, Chinese police are taking closer scrutiny at the Web3 sector. During...
Futures Rise On Hope China’s Deflation Will Lead To More Policy Easing
S&P futures point to a higher open after China officially entered into deflation with -0.4% CPI print, continuing the buying momentum fr...
Sentiment inches higher in light newsflow, US 10yr due – Newsquawk US Market Open
European bourses are firmer as the tone improves while US futures attempted to claw back recent downside DXY dips under 102.50, Yuan in focu...
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Bitcoin rose on Wednesday morning in Asia to trade above US$29,700. Ether also logged gains along with all other top 10 non-stablecoin crypt...
Mixed APAC trade given an earnings deluge and latest CPI from China – Newsquawk Europe Market Open
APAC stocks traded mixed as participants digested a deluge of earnings releases and the latest inflation data from China Chinese inflation d...
Moody’s Raises Alarm on U.S. Banks. It’s a Reminder of the Turmoil in March.
Palantir’s 135% AI Surge Set for Earnings Showdown (Bloomberg) — Palantir Technologies Inc. faces a fresh test of whether it can jus...