Finance

China Fires Water Cannons After Collision With Philippine Ship

China Fires Water Cannons After Collision With Philippine Ship

A Philippine cost guard ship. Photographer: Richard A. Brooks/AFP/Getty Images (Bloomberg) — Philippine and Chinese vessels collided Tuesday near a disputed South China Sea shoal, where...

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Treasurys Race Past Peers on Cusp of New Fed Easing Cycle

Treasurys Race Past Peers on Cusp of New Fed Easing Cycle

(Bloomberg) — Treasuries have powered into first place among major sovereign bond markets this year as the prospect of a new round of Federal Reserve interest-rate cuts overturns widely held bear...

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China’s Tencent aims to raise $1 billion equivalent in dim sum bonds, sources say

China’s Tencent aims to raise $1 billion equivalent in dim sum bonds, sources say

By Scott Murdoch SYDNEY (Reuters) -Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of $1 billion in a three-tranche offshore yuan bond deal, according to...

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Even the AI gold rush can’t stop the chip industry’s boom-bust cycle, warns Morningstar

Even the AI gold rush can’t stop the chip industry’s boom-bust cycle, warns Morningstar

The AI hype may be peaking, Morningstar analysts caution.VCG/VCG/Getty Images The chip boom may be fading, with AI hype masking deeper cracks in the industry. Weak smartphone and consumer...

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