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LATEST

Bitcoin is surging toward its best weekly gain in two years after Treasury and crypto policy boosts●Trump administration is ending summer gas rules early in bid to lower prices at the pump●Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand●Analysts split on whether Bitcoin's surge past key levels signals a new bull run●Most Americans Say Trump's Crypto Profits Cross the Line: Poll●S&P 500, Nasdaq on track to snap three-week winning streaks●Hyundai is weighing a massive expansion of its Georgia car plant, citing tariffs●Why some of America's biggest brands are losing ground in China●Bitcoin is surging toward its best weekly gain in two years after Treasury and crypto policy boosts●Trump administration is ending summer gas rules early in bid to lower prices at the pump●Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand●Analysts split on whether Bitcoin's surge past key levels signals a new bull run●Most Americans Say Trump's Crypto Profits Cross the Line: Poll●S&P 500, Nasdaq on track to snap three-week winning streaks●Hyundai is weighing a massive expansion of its Georgia car plant, citing tariffs●Why some of America's biggest brands are losing ground in China●

Asia

Alibaba signals faster AI payoff, margin gains halfway through US$56 billion capex plan

Business - South China Morning Post · 1h ago · 🇨🇳 China

Alibaba signals faster AI payoff, margin gains halfway through US$56 billion capex plan

Alibaba Group Holding is expected to further accelerate cloud growth, expand operating margins and achieve faster payback on artificial intelligence investments, analysts say, as the Chinese tech giant reaches the halfway mark of its massive 380 billion yuan (US$56 billion) AI infrastructure spending plan. “The most important incremental message, in our view, is that cloud growth has not yet peaked,” Nomura analysts said in a research note on Friday. The comment followed Alibaba’s Thursday...

Read the full story at Business - South China Morning Post →

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Chinese insurer Ping An eyes Hong Kong ETFs as Beijing greenlights cross-border investment

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