Tag: Global Markets
China’s AI Stock Market Sell-Off Wipes Out $2.4 Trillion as US Rivalry Intensifies
China’s artificial intelligence boom is facing a major market test as concerns over profitability, weak consumer demand, and growing US technology restrictions trigger a sharp sell-off in Chinese stocks. The downturn has erased an estimated $2.4 trillion from China’s stock market since May, raising questions about whether Beijing’s ambitious AI investment strategy can deliver sustainable
Mark Carney Pitches Canada as a Safe Harbour for Global Investors
Canadian Prime Minister Mark Carney is pitching Canada as a safe harbour for global capital, targeting C$1 trillion in investment across energy, AI, mining, defence and infrastructure.