Trump keeps threatening to punish Putin. Here’s what’s holding him back
U.S. President Donald Trump says he’ll punish Russia if Moscow doesn’t agree to peace talks with Ukraine. Yet, he hasn’t pushed the button, so far.
Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Alibaba’s Hong Kong-listed shares jumped 19% on strong results at its cloud computing division driven by its AI investments.
European markets set to start the week on a broadly positive note
European stocks are expected to start the new trading week broadly higher on Monday.
China’s Xi urges AI cooperation, rejects ‘Cold War mentality’ at SCO summit
It is unclear if the SCO summit will pave the way for any breakthroughs in easing tensions, though Beijing has sought to cast itself as a global peacemaker.
BYD’s Hong Kong shares fall nearly 8% after quarterly profit drop
Hong Kong-listed shares of BYD fell more than 6% after the Tesla rival reported a quarterly profit drop amid a price war in its domestic industry.
China’s August factory activity beats estimates, expanding at fastest pace in five months: private survey
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Alibaba’s Hong Kong shares jump nearly 19% as AI boom drives cloud unit sales
Alibaba posted a a revenue miss in the June quarter even as it showed an acceleration at its cloud computing unit.
Asia markets set to open mostly lower as investors assess U.S. court ruling on Trump tariffs
Investors will also be assessing the developments in India and China relations, after leaders from both countries agreed that they are development partners, not rivals.
Spain’s stock market is one of the best performers in Europe — and there could be more upside ahead
Spanish equities have outperformed their European peers this year — and all of Wall Street’s major indexes.
U.S. judge blocks government from deporting unaccompanied Guatemalan children
A U.S. federal judge on Sunday halted the Trump administration from deporting a group of migrant Guatemalan children already boarded onto planes.