This semi name just hit a fresh all-time high. Why its stock market dominance...
Nvidia shares hit a fresh all-time high today, and its gains may still be in the early innings, according to VanEck CEO Jan van Eck.Van Eck, whose firm runs the largest U.S. semi exchange-traded fund, points to a first-mover edge in the race to fabricate artificial intelligence...
China’s central bank encourages local businesses to accept foreign...
A coffee shop at Beijing Capital Airport shows customers can use Visa, Mastercard, the digital Chinese yuan and other payment methods.CNBC | Evelyn ChengBEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to make...
Hainan Airlines is handing out Rokid AR glasses for in-flight entertainment
A passenger tries out a pair of Rokid AR glasses on a Hainan Airlines flight in China.RokidBEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid's augmented reality glasses for free for in-flight entertainment, the tech startup announced...
China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.Athit Perawongmetha | ReutersBEIJING — Venture capitalists in China that once rose to fame with giant U.S. IPOs of consumer companies are...
Societe Generale posts sharp profit drop as net banking income slides
A logo outside a Societe Generale SA bank branch in Paris, France.Bloomberg | Bloomberg | Getty ImagesSociete Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income, but launched a new 280 million euro ($302 million)...