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Category: Exports

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Australia’s economy is a basket case again. Will Jim Chalmers take it on?

In his 2004 thesis on Paul Keating’s prime ministership, Treasurer Jim Chalmers wrote that Keating could not have “imagined the plethora of reforms” that marked his turn as treasurer without the electoral success and popularity of Bob Hawke as PM.

“Hawke was the ALP’s most electorally successful leader ever,” Chalmers wrote, and he provided the “the public support which allowed Keating to indulge in his passion for bold policy.”

Australia’s economy is a basket case again. Will Jim Chalmers take it on? comes via ChinaTechNews.com.

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Trump will destroy world trade, but democracies can defend themselves – and each other

The postwar global economic order, with the United States at its centre, has created more prosperity than any other period in human history. Yet as Donald Trump takes a sledgehammer to that economic order, America’s democratic allies face a choice. We can accept the new cost of doing business with the US.

Trump will destroy world trade, but democracies can defend themselves – and each other comes via ChinaTechNews.com.

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Trump to embark on Middle East trip to meet Gulf allies

Donald Trump this week will embark on the first foreign trip of his second administration with a tour of the Middle East, as he looks to secure investment, trade and technology deals from friendly leaders with deep pockets amid turbulent negotiations around numerous regional conflicts, including Israel’s war in Gaza.

Trump to embark on Middle East trip to meet Gulf allies comes via ChinaTechNews.com.

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National Technology Day: All you need to know aout the India’s Nuclear Might for UPSC Exam

Take a look at the essential events, concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here’s your knowledge nugget for today on National Technology Day, focused on India’s nuclear journey from a broader perspective.

India celebrates National Technology Day annually on May 11 to commemorate the successful nuclear test at Pokhran in 1998, which marked India’s significant achievements in science and technology and emphasised its pivotal role in solidifying the nation’s position as a global leader in technological innovation.

National Technology Day: All you need to know aout the India’s Nuclear Might for UPSC Exam comes via ChinaTechNews.com.

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India’s Smartphone Manufacturing Muscle is Now Stronger Than Ever

India’s manufacturing capabilities have gained increasing attention in discussions and news regarding US President Donald Trump’s high import tariffs.

While the spotlight has intensified on the country, the notion of India as a sudden, ‘dark horse’ entrant in the smartphone manufacturing arena is far from accurate.

India’s Smartphone Manufacturing Muscle is Now Stronger Than Ever comes via ChinaTechNews.com.

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Nvidia modifies H20 chip for China to overcome US export controls: Report

Nvidia plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters.

The US chipmaker has notified major Chinese customers, including leading cloud computing providers, that it aims to release the modified H20 chip in July, two of the sources said.

Nvidia modifies H20 chip for China to overcome US export controls: Report comes via ChinaTechNews.com.

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UK-US pact neither a free-trade agreement nor broad trade deal of Brexiteer dreams

Sir Keir Starmer was at home in Downing Street, watching Arsenal lose in the Champions League, when he got a call from Donald Trump that he thought presented the chance to snatch victory from the jaws of trading defeat.

The president’s call was a characteristic last-minute flex intended to squeeze a little more out of the prime minister.

UK-US pact neither a free-trade agreement nor broad trade deal of Brexiteer dreams comes via ChinaTechNews.com.

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Premarket: Trade hopes feed risk appetite, boosting stocks and spurring bitcoin

World stocks hovered around their highest prices in six weeks after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries.

MSCI’s broadest index of world shares gained 0.1% after jumping around 0.8% on Thursday, to levels seen just before Trump’s ‘Liberation Day’ global tariff announcements.

Premarket: Trade hopes feed risk appetite, boosting stocks and spurring bitcoin comes via ChinaTechNews.com.

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Huawei is touting the new Ascend 910D chip as an Nvidia H100 challenger, but skepticism remains

Huawei is preparing to test its most advanced AI chip to date

Reports says Ascend 910D aims to challenge Nvidia H100 in AI performance

Analysts are skeptical, due to software gaps and ecosystem disadvantages

Huawei has been stepping up its ambitions to be seen as the Chinese rival to Nvidia in recent weeks – first, launching a new AI infrastructure architecture set, the CloudMatrix 384 Supernode, to rival the U.S.

Huawei is touting the new Ascend 910D chip as an Nvidia H100 challenger, but skepticism remains comes via ChinaTechNews.com.

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Wall Street drifts after Fed warns of rising risks for economy, holds rates steady

NEW YORK (AP) — U.S. stocks are drifting in mixed trading on Wednesday after the Federal Reserve left its main interest alone, as was widely expected, but also warned about rising risks for the U.S. economy.

The S&P 500 was 0.1% lower in late trading, coming off a two-day losing streak that had snapped its nine-day winning run.

Wall Street drifts after Fed warns of rising risks for economy, holds rates steady comes via ChinaTechNews.com.

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