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Good Day Friends Latest Articles

Posted in beijing, bond-sell-off, Bonds, business-holiday-reup-2023, China, Economy, foreign-holdings, Markets, MI Exclusive, treasury yield, treasury-market, Yields, Yuan

Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery

Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery

Reuters China is not dumping its stockpile of US bonds, Brad Setser, a former Treasury official, wrote. A large part of China’s holdings is not accounted for in official US data, he said. While it has sold some Treasurys, Beijing ...

Posted in alibaba, beijing, Biden, Big Tech, bytedance, China, China sanctions, chip-maker, chips, clouds, hong kong, Jack Ma, joseph-tsai, Markets, MI Exclusive, Stock Market, Wall Street

Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Reuters/Aly Song Alibaba has lost $26 billion in market cap since Thursday, after it shelved plans to spin off its cloud business. Executives said they needed to “reset” strategy, and pointed to US restrictions on chip sales to China. The ...

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Good Day Friends Latest Articles

‘Mega-deals’ could be inflating overall AI funding figures

A recent report from Pitchbook shows that ‘mega-deals’ could be inflating AI startup funding totals, giving a misleading picture of the sector’s health. © 2023 TechCrunch. All rights reserved. For personal use only. Source Creat A New Post

Beeper Mini gives Android users a way to talk to iMessage on iOS right now

Beeper Mini gives Android users a way to talk to iMessage on iOS right now

In November, Apple announced it will finally support the RCS messaging standard allowing Android devices and iPhones to communicate on a potentially more level playing field. The update won’t arrive until early 2024, but luckily there is a third-party solution ...

3 years ago, this swanky San Francisco house sold for $20 million. It just changed hands again — for half the price.

3 years ago, this swanky San Francisco house sold for $20 million. It just changed hands again — for half the price.

A view of Lombard Street during cloudy weather in San Francisco on June 06, 2023. Tayfun Coskun/Anadolu Agency via Getty Images A six-floor house in San Francisco has had its price slashed by $10 million in three years. It sold ...

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