Moody cuts U.S.′credit rating

Moody’s Ratings cut the United States’ sovereign credit rating,bringing the agency in line with its peers. Standard & Poor’s and Fitch Ratings have bumped down the U.S. from the top rating — which did so in 2011 and 2023 respectively.

Global supply chain stress is near tipping point

The negative spillover effect from the trade war between US and China is self-evident, not only having huge impact on both countries' economic growth, but disrupting global supply chain significantly, which is near a tipping point.

Business

AI will still be the main catalyst for markets

It seems the market's enthusiasm around AI has waned since President's "Liberation Day" on Apr2. The unexpected consequence of the tariff over the past month is the dampened investor mood over AI.

Apple is running out of its steam

Apple, which is the once bellwether of markets is running out of the steam, and the continuous decline in Apple's share is the combination of multiple intertwined factors, involving market competition, strategic adjustments

AI
Will AI likely replace your job in the future?

AI will transform the world in a revolutionary way, but this change is not welcomed by everyone. With the rapid development of AI, thousands and thousands of jobs will be replaced around the world,no matter if you believe it

How Can China Ride-Hailing Company Didi Walk Through The Dilemma

After prolonged regulatory scrutiny, Didi Globle began to recover from its regulatory challenges in early 2023 when it received permission to relaunch its apps

Overcapacity Of Copper Reflects Sluggishness Of China Economy

China, the world’s second-largest economy behind the U.S is a key driver in the global economic expansion. China has been such a huge driver of growth and so negative for growth over the last year or two

China Enterprises Seek Guarantee From Malaysia To Avoid U.S. Tariffs

Top executives of China enterprises have been meeting with top officials of Malaysia government to seek guarantee to aviud U.S.tariffs if they move the manufacturing base to Malaysia

Shein Embarks On Preparation For Listing In London

The company had confidentially filed for a U.S. initial public offering in November but began looking toward London after it failed to win the support of American lawmakers

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