China Calls Out US for ‘Classic Protectionism’ in Tension Over EVs

Mar 4, 2024 | Markets

China became world’s biggest vehicle exporter in 2023 US could impose limits on China EVs, Bloomberg has reported China charged the US with engaging in protectionist trade measures amid signs that Washington is prepared to step up efforts to keep Chinese electric...

Morgan Stanley Offers Pre-IPO Share Trading to Wealth Clients

Mar 4, 2024 | Markets, Private Markets

Unit to offer private shares to accredited investors Valuations of private firms like OpenAI, SpaceX have jumped Morgan Stanley’s wealth management arm is giving its clients a chance to buy and sell coveted shares of private companies before they are available to the...

Global Supply Chains and U.S. Import Price Inflation

Mar 4, 2024 | Markets

Inflation around the world increased dramatically with the reopening of economies following COVID-19. After reaching a peak of 11 percent in the second quarter of 2021, world trade prices dropped by more than five percentage points by the middle of 2023. U.S. import...

World-Beating Mining Stock Turns Big Loser Thanks to China Slump

Mar 3, 2024 | Markets

Fortescue tipped for biggest earnings decline among peers Shares have faltered recently after months-long climb Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and...

Beijing Is Expected to Unveil GDP Target Around 5% — A Goal Now Harder to Achieve

Mar 3, 2024 | Markets

Premier Li Qiang will deliver government work report at NPC Investors will scrutinize policy priorities as economy falters China is set to announce its 2024 growth target and outline its strategy for supporting the slowing economy at the nation’s most high-profile...

The Dark Side of Generative AI: Why We Must Ban Them Now!

Mar 3, 2024 | Markets

Ban generative AI? Wait, what? Nonsense! Except that Paizo, publisher of popular tabletop role-playing games (TTRPG) like Pathfinder and Starfinder, said it is banning AI-created work and would update its contracts in the coming days to mandate that any work submitted...