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Global stocks markets push higher despite more Trump tariffs
16 hours ago · Global stock markets rose Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement surrounding levies on steel and aluminium. This was in contrast to a week ago when tariff announcements from Trump sent global equities tumbling. The fact that stock markets ...
Renewed US trade war threatens China's 'lifeline'
Jan 14, 2025 · China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. Exports have historically represented a key engine in the world's number two economy, where authorities will release ...
Global stocks rise on easing trade fears, company earnings
4 days ago · Stock markets rose Thursday on easing trade tensions and thanks to some strong company earnings, analysts said. London reached a fresh record high in morning deals, with the Bank of England expected to cut its key interest rate later in the session. The capital's FTSE 100 was boosted also by ...
Trump warns of 'wake-up call' as low-cost Chinese AI jolts sector
Jan 27, 2025 · Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley. Last week's release of the latest DeepSeek model initially received limited ...
Local News | gpkmedia.com
6 days ago · Arrey Elementary School (AES) recently held its annual spelling bee, where Ari Fernandez, a second grader, won with the word "powwow." He will represent AES in the online semi-finals of the El Paso Regional Spelling Bee.
Nvidia loses nearly $600 bn in value as Chinese AI firm jolts tech ...
Jan 27, 2025 · The tech-rich Nasdaq index finished down more than three percent. DeepSeek, whose chatbot became the top-rated free application on Apple's US App Store, said it spent only $5.6 million developing its model -- peanuts when compared with …
Chinese economic growth among slowest in decades
Jan 17, 2025 · China posted one of its slowest rates of economic growth in decades Friday, as leaders nervously eye a potential trade standoff with incoming US president Donald Trump. Beijing has announced in recent months its most aggressive support measures in years in a bid to reignite an economy suffering on ...
China's economy seen slowing further in 2024: AFP survey
Jan 14, 2025 · They also warned it could ease to just 4.4 percent this year and even drop below four percent in 2026. The 2024 reading would be just shy of Beijing's target of "around five percent" -- reiterated by President Xi Jinping late last year -- and likely "close enough for officials to claim success", Harry Murphy Cruise from Moody's Analytics told AFP.
'No money': gloom on Beijing streets as economic growth slows
Jan 17, 2025 · Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades. Government data on Friday showed the economy grew by five percent in 2024, hitting a ...
Beijing 'firmly opposes' US ban on smart cars with Chinese tech
Jan 15, 2025 · Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without