Economy

carri-insights-the-hub:-carbon-neutrality-and-green-silk-road-at-cop28

The Hub: Carbon Neutrality And Green Silk Road At COP28

COP28 in Dubai focused on carbon neutrality and transformative climate action, with discussions on challenges for the Global South and island nations, exploring funding, capacity building, and policy solutions to drive global political will towards a green economy. Read More: https://news.cgtn.com/news/2023-12-19/The-Hub-carbon-neutrality-and-Green-Silk-Road-at-COP28-1pFd2jGFkE8/p.html

carri-insights-broadcom-closes-$69-billion-vmware-deal-after-china-approval

Broadcom Closes $69 Billion VMware Deal After China Approval

Broadcom has successfully closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval from China, ending a months-long process. This acquisition is part of Broadcom CEO Hock Tan’s strategy to expand the company’s software business. Despite facing global regulatory scrutiny and having to delay the closing date three times, the deal was …

Broadcom Closes $69 Billion VMware Deal After China Approval Read More »

carri-insights-a16z-backs-web3-consumer-app-setter-in-$5m-seed-round

A16z Backs Web3 Consumer App Setter in $5M Seed Round

Venture capital firm Andreessen Horowitz led a $5 million seed round into Setter, a consumer app designed to simplify Web3 wallet technologies and facilitate Web3-powered commerce for brands. The New York-based app plans to help brands offer exclusive products and limited edition drops. “It looks and feels like a Web2 app, but it is a …

A16z Backs Web3 Consumer App Setter in $5M Seed Round Read More »

carri-insights-li-ning-earnings:-selloff-following-disappointing-guidance;-fair-value-estimate-cut-15%-to-hkd-37.50

Li Ning Earnings: Selloff Following Disappointing Guidance; Fair Value Estimate Cut 15% to HKD 37.50

Li Ning’s shares dropped 20% after reporting disappointing Q3 sales and reducing full-year revenue guidance. This is not indicative of the entire industry’s health, but rather specific to Li Ning, which appears to be grappling with high inventory levels and dwindling nationalist buying fervor. Despite the more attractive pricing, Li Ning faces stiff competition and …

Li Ning Earnings: Selloff Following Disappointing Guidance; Fair Value Estimate Cut 15% to HKD 37.50 Read More »

carri-insights-china’s-xi-jinping-and-california’s-gavin-newsom-strike-positive-tone-on-climate-cooperation

China’s Xi Jinping and California’s Gavin Newsom Strike Positive Tone on Climate Cooperation

California Governor Gavin Newsom’s visit to China focused on climate collaboration, with Chinese President Xi Jinping expressing potential for cooperation in green development and climate change. Newsom renewed a climate agreement with China’s National Development and Reform Commission and discussed advancing carbon neutrality and clean energy transition efforts. The meetings hint at stabilizing US-China relations …

China’s Xi Jinping and California’s Gavin Newsom Strike Positive Tone on Climate Cooperation Read More »

carri-insights-hashkey-hk-opens-avax-trading-with-$1m-portfolio-requirement

Hashkey HK Opens AVAX Trading with $1M Portfolio Requirement

Hong Kong’s Hashkey crypto exchange will open trading for Avalanche’s AVAX, but only for professional investors with portfolios over 8 million Hong Kong dollars ($1 million). Currently, only Bitcoin, Ether, and Tether are approved for retail trading in Hong Kong. Hashkey requires a $1,500 deposit for verification. Read More: https://cointelegraph.com/news/hashkey-hk-avalanche-avax-trading-1-million-portfolio-requirement

carri-insights-what-does-huawei's-homemade-chip-really-mean-for-china’s-semiconductor-industry

What Does Huawei’s Homemade Chip Really Mean for China’s Semiconductor Industry?

Defying U.S. sanctions, Huawei has released a smartphone with a 5G chip, the Kirin 9000S, designed and manufactured in China. This breakthrough raises questions about its mass production capability and genuine 5G performance. The development could reshape the ongoing global tech war. Read More: https://thediplomat.com/2023/09/what-does-huaweis-homemade-chip-really-mean-for-chinas-semiconductor-industry/

carri-insights-bitcoin-halving-can-take-btc-price-to-148k-by-july-2025-pantera-capital

Bitcoin Halving Can Take BTC Price to $148K by July 2025 – Pantera Capital

Pantera Capital believes Bitcoin will reach approximately $150,000 in its next halving cycle. Historical data suggests that BTC/USD hits a low point before the halving and then rises sharply. The firm thinks the recent bear market in 2022 marked the current cycle’s bottom, and they expect BTC/USD to trade around $35,000 by the April 2024 …

Bitcoin Halving Can Take BTC Price to $148K by July 2025 – Pantera Capital Read More »

carri-insights-xiaomi-is-preparing-mios-a-potential-android-replacement

Xiaomi is Preparing MIOS: a Potential Android Replacement

Xiaomi has registered the trademark “MiOS,” leading to speculation that they are creating their own operating system. MIUI, known for customization but criticized for bloatware and ads, could be replaced. Developing its own system would give Xiaomi more control, freedom from Google, and the ability to design unique features. Concerns about Google’s actions and entering …

Xiaomi is Preparing MIOS: a Potential Android Replacement Read More »

carri-insights-hong-kong-aerospace-technology-group’s-aspace-hong-kong-satellite-manufacturing-center-holds-grand-opening

Hong Kong Aerospace Technology Group’s ASPACE Hong Kong Satellite Manufacturing Center Holds Grand Opening

ASPACE Hong Kong Satellite Manufacturing Center, Hong Kong’s first satellite manufacturing centre and one of the world’s largest intelligent satellite manufacturing facilities, officially opened on July 25. The centre is expected to produce over 200 commercial satellites annually for various applications and was attended by over 150 representatives from various organisations and agencies. Read More: …

Hong Kong Aerospace Technology Group’s ASPACE Hong Kong Satellite Manufacturing Center Holds Grand Opening Read More »