Tag: Alibaba
Chips: China promotes semiconductors
Asia Technonomics In the weekly column we take turns writing about innovation and economic trends in Asia. (Photo: Klawe Rzeczy) There is currently an exhibition in the German Historical Museum…
Five examples of investing at a discount
German postal service Deutsche Post shares are considered to be susceptible to fluctuations. Profits are still possible with discount certificates. (Photo: IMAGO/Lobeca) Cologne After the brilliant start to the year,…
State leadership gives tech companies more leeway again
Beijing The Chinese government is signaling an end to the tough approach towards the country’s tech companies. Several decisions indicate that the government considers its so-called “rectification campaign” to be…
China data and bank figures hit US markets – Wall Street closes in the red
new York Disappointing quarterly results from major US banks and economic data from China dampened Wall Street investors’ spirits on Tuesday. The Dow Jones index of standard values closed 1.1…
China’s economy grew 2.9 percent in the fourth quarter
Beijing According to official figures, China’s economy grew by three percent last year despite recurring lockdowns and chaotic opening. The state statistics agency published this preliminary estimate on Tuesday. Growth,…
China’s economy grew 2.9 percent in the fourth quarter
Beijing According to official figures, China’s economy grew by three percent last year despite recurring lockdowns and chaotic opening. The state statistics agency published this preliminary estimate on Tuesday. Growth,…
Porsche could bring the US Internet company Google into the cockpit
Las Vegas, San Francisco At the leading technology trade fair CES in Las Vegas last week, Google presented itself as a close partner of the automotive industry. A stage victory…
This company has solved the problem of plastic waste
sample depots The strategists (from left): Laetitia-Zarah Gerbes (Acatis Investment), Gabriele Hartmann (Perspective Asset Management) and David Wehner (Do Investment). (Photo: private) Frankfurt Let’s start the year with optimism –…
Wall Street closes inconsistently – Tesla on course for recovery
new York The US stock exchanges closed mixed on Monday after a friendly start. Fading interest rate concerns and the opening of the Chinese border to travelers made US investors…
Wall Street increases at the start of the week – waiting for the inflation numbers
new York Fading interest rate concerns and the opening of the Chinese border to travelers are prompting investors to turn to US stocks. Bets on more moderate interest rate hikes…
Alibaba Announces Why It Invested in Trendyol
Alibaba Group President Michael Evans made commendable statements about the country during his visit to Turkey. Evans also evaluated Trendyol and some important companies. China’s worldwide e-commerce, retail and technology…
Billionaire Jack Ma relinquishes control of financial giant Ant Group
jack ma The multi-billionaire has largely withdrawn from the public eye. (Photo: AP) Berlin Jack Ma, founder of online retailer Alibaba and financial services provider Ant (“Alipay”), relinquishes control of…
Billionaire Jack Ma relinquishes control of financial giant Ant Group
jack ma The multi-billionaire has largely withdrawn from the public eye. (Photo: Reuters) Beijing Chinese billionaire Jack Ma cedes control of financial giant Ant Group. The founder of the company…
Good chances for a strong price recovery rally
sample depots The strategists (from left): Laetitia-Zarah Gerbes (Acatis Investment), Gabriele Hartmann (Perspective Asset Management) and David Wehner (Do Investment). (Photo: private) Munich The signs for the still young stock…
Wall Street gives back some gains under Fed minutes
new York US investor optimism has eased somewhat following the release of minutes from the US Federal Reserve’s December meeting on Wednesday. Market barometers limited their gains in late US…
Wall Street gives back some gains under Fed minutes
The Dow Jones benchmark index limited its gains to 0.3 percent to 33,220 points from a previous 0.6 percent. The broader S&P 500 was up 0.6 percent to 3,846 points,…
Wall Street in the red again at the start of the year – Apple and Tesla lose
new York Price losses at Tesla, Apple and energy stocks push the US stock exchanges back into the red on the first trading day of 2023. The Dow Jones index…
Baidu presents Robo-01 – China’s tech companies build electric cars
Electric car Robo-01 The tech group Baidu and the vehicle manufacturer Geely are jointly building intelligent “car robots” under the Jidu brand and want to revolutionize the industry with it.…
Baidu presents Robo-01 – China’s tech companies build electric cars
Electric car Robo-01 The tech group Baidu and the vehicle manufacturer Geely are jointly building intelligent “car robots” under the Jidu brand and want to revolutionize the industry with it.…
Baidu presents Robo-01 – China’s tech companies build electric cars
Electric car Robo-01 The tech group Baidu and the vehicle manufacturer Geely are jointly building intelligent “car robots” under the Jidu brand and want to revolutionize the industry with it.…