Amazon launches first internet satellite prototypes
Amazon’s first pair of prototypes for its Project Kuiper satellite internet system launched on Friday.
Financial News
China plans to ease one of the biggest hurdles for foreign business
Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones.
Something is breaking in financial markets — Here’s what’s behind the sell-off
The pain of recognition was acute for Wall Street on Tuesday, with major averages down sharply across the board.
Hong Kong shares drop 3%, dragged down by real estate and energy
Hong Kong’s Hang Seng Index dropped more than 3% Tuesday, dragged by its real estate and energy sector.
World Bank downgrades developing East Asia growth forecast, weighed by a slowing China
Even though East Asian economies have mostly recovered from the series of shocks since 2020, including the Covid-19 pandemic, the pace of growth will likely slow.
Apple will issue a software update to address iPhone 15 overheating complaints
Apple said that the new iPhones were running hot because of a combination of bugs in iOS 17, bugs in apps, and a temporary set-up period.
House Republicans cancel planned recess as government shutdown appears more likely
The federal government is due to shut down operations early Sunday if Congress does not approve a funding bill that President Joe Biden signs.
China’s economic activity again weakened in September, China Beige Book survey shows
Several August economic indicators underscored nascent signs of stabilization in the slowdown in the Chinese economy.
This is the world’s fastest growing economy, and it could grow an ‘explosive’ 100%
The world’s fastest growing economy is on track for a more than 100% growth, largely fueled by profits from its oil production and export sector.