China AI toys grow with Haivivi Ultraman, Chongker cat
Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about AI these days — even Ultraman. When asked if investors should be worried about an AI bubble, the new second generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI Continue Reading
Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say
Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter. There’s concern that the National Economic Council director is too Continue Reading
FDA approved Singapore work trip during government shutdown, records show
SINGAPORE — Sentosa Island boasts the luxury, five-star Ora and Michael hotels, with palm-tree-lined pools, lobbies flanked with luxury stores, and a casino that adjoins both hotels and buzzes with gamblers. The Singapore resort is also where a group of federal employees from the U.S. Food and Drug Administration were Continue Reading
Stocks making the biggest moves premarket: IRBT, LVS, TLRY
Check out the companies making headlines before the bell. Tilray — The cannabis stock jumped about 3%, building on last week’s rally sparked by news that President Donald Trump would instruct federal agencies to give the drug a less-stringent Schedule III classification from its current Schedule I designation. Las Vegas Continue Reading
China’s property sector ailing, but BofA sees some silver linings
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Helen Qiao, Chief Greater China Economist at BofA Global Research, discusses the challenges in China’s property sector. She says though it has been a drag on the mainland economy, she sees some signs of strength such as Continue Reading
Analyst warns China’s Vanke on brink of default as bailout hopes fade
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andrew Collier, senior fellow at the Harvard Kennedy School, says that bondholders of China Vanke have decided to “take the hit now” rather than allow the company to “extend and pretend”, and that Chinese local governments are Continue Reading