Emerging-market stocks plunged Monday, falling the most in over three weeks, as US President Donald Trump’s latest executive order targeting China stirred up a new round of risk aversion.
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BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.
The evaluation committee found each of the three firms non-responsive,” Teletalk Acting Managing Director Nurul Mabud Chowdhury told TBS on Monday (24 February) ...
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback ...
In comparison to Bangladesh, China saw a 2.61% growth in 2024 in apparel exports to the EU, while Pakistan and Cambodia experienced more significant growth rates of 12.41% and 20.73%, respectively ...
Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.
Two things ring familiar in Apple's (AAPL) latest announcement. For one, the $500 billion investment commitment matches the pledged amount of the Stargate initiative, through which companies like ...
Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
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