After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Apple’s China dilemma: as the tech giant cracks down on privacy, Beijing finds a workaround April 9, 2021 China’s tech companies have long lived in a parallel universe to their western rivals. But the news that a number of them are testing a tool to bypass Apple’s new privacy rules raises a number of questions about the future of privacy – and perhaps the internet in general. In short, app developers have long [...]
Fighting Russian and Chinese disinformation requires a cohesive strategy from Western governments April 8, 2021 Given the world of the internet and multiple platforms, there is undoubtedly more content out there than at any other time in the history of man. Unfortunately, and predictably, along with this news explosion, the very unhealthy scourge of state-sponsored disinformation–with the West’s authoritarian foes trying to take advantage of this editorially unregulated Wild West [...]
Thiel warns on China as markets trade sideways April 8, 2021 The crypto markets took another hit yesterday, but continue to look strong and the total market cap remains over $1.9 trillion as Thiel warns on China.
UK tells G7 that it’s time to ‘get tough with China’ on trade March 31, 2021 The UK’s global partners need to “get tough with China” on its unfair trading practices, according to international trade secretary Liz Truss. Truss has called for the World Trade Organisation (WTO) to be reformed and for China to stop designating as a developing country within the body, which means it benefits from looser rules on [...]
China mulls new exchange for overseas-listed firms March 31, 2021 China is in early talks to establish a new stock exchange for overseas-listed firms as it looks to lure tech heavyweights. China has two main onshore exchanges in Shanghai and Shenzhen which have the same rules governing IPOs and non-initial listings. This is in contrast to other leading bourses including Hong Kong’s which offers waivers [...]
March is over: UK led vaccine battle this quarter but European markets outperformed March 31, 2021 As it is the end of the month, as well as the quarter, it is perhaps worth reflecting on the fact that it’s been a fairly decent period for equity markets, despite the lockdowns across Europe and in the UK. Having said that, there has been mixed progress on the vaccine rollout, with the UK [...]
Wall Street dips on tech sell-off after FTSE 100 closes higher March 30, 2021 Wall Street closed in the red today following a sell-off of tech stocks as US Treasury yields hit a 15-month high. The S&P 500 and Dow Jones both dropped 0.3 per cent, while the Nasdaq slipped 0.1 per cent. It came after the FTSE 100 pushed higher following a volatile start to the week as [...]
Harmonisation needed in the global regulatory maze for digital assets March 30, 2021 Abradat Kamalpour stresses the importance of global harmony for regulatory reforms and changes in cryptocurrency.
Wall Street flat and FTSE 100 slips into the red as Archego default hits banks March 29, 2021 Wall Street closed flat and the FTSE 100 slipped into the red today as fears of potential losses from a major US hedge fund defaulting on margin calls held back stocks. While the Dow Jones gained 0.3 per cent, the S&P 500 was 0.09 per cent lower and the tech-heavy Nasdaq closed down 0.6 per [...]
Banks warn of ‘significant’ losses after huge fire sale linked to Archegos March 29, 2021 A huge fire sale of individual stocks last week has seen Credit Suisse and Nomura shares plummet after warning of “significant” losses. On Friday shares in ViacomCBS and Discovery plunged 27 per cent alongside leading Chinese stocks, including Tencent and Alibaba. Over the weekend it was revealed there was a massive margin call on family [...]