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— - 3 Prakash - 3 Abishur Prakash - 3 Xi Jinping - 2 China hasn't - 2 Biden - 2 Tesla - 1 Apple - 1
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Search resuls for: "Abishur Prakash"


6 mentions found


☆ The US-China rivalry will reshape the landscape for Big Tech earnings
  + stars: | 2024-05-12 | by ( Yuheng Zhan | ) www.businessinsider.com   time to read: +5 min
The growth of US tech earnings is vulnerable to ongoing tensions with China. As Beijing exerts influence in the region, US tech firms will compete for a smaller market share. S&P Global data shows that for US chip firms, China is even more important for business than their home turf. AdvertisementGeopolitical tensionsAbishur Prakash, the founder of advisory firm The Geopolitical Business, told Business Insider that US tech companies ignoring the geopolitical tensions with China are risking serious setbacks to their portfolios. Experts believe that China will gradually contribute less to the revenue of mega-cap US tech firms.
Persons: —, Tesla, Apple, Prakash, Elon, Kelvin Wong, walling, Jay Pelosky, Pelosky, Wong Organizations: Service, TPW, American, Nvidia, AMD Locations: China, Beijing, India, Europe, South Korea, Taiwan, Japan, Southeast Asia, Vietnam, Malaysia, Indonesia
☆ China and India are so far into frenemy zone that they may never join forces to topple the dollar
  + stars: | 2023-10-03 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +7 min
The economist who coined the "BRIC" acronym said the currency idea seemed "crazy." The bloc is helmed by the major emerging nations of Brazil, Russia, India, China, and South Africa. It also appears that it's just Russia and Brazil that have really pushed for a BRICS common currency. But even if a BRICS currency comes to pass, its use could be limited. AdvertisementAdvertisementPrakash said a BRICS currency would be used in "very narrow and vertical settings, or for BRICS projects."
Persons: —, Washington, Joseph Sullivan —, There's, Jim O'Neill, Goldman Sachs, O'Neill, Xi Jinping, Narendra Modi, Xi, didn't, Li Qiang, Liu Pengyu, Modi, Liu, there's, Abishur Prakash, it's, China hasn't, Palit, Prakash Organizations: Service, White House, Indian, Monetary Fund, China's, UN, China, Institute of South Asian Studies, National University of Singapore, Affairs Ministry Locations: China, India, Russia, Ukraine, Brazil, South Africa, Europe, Africa, Beijing, New Delhi, Johannesburg, China's Washington, DC, BRICS
☆ Saudi Arabia and the UAE are battling to become the Middle East's economic superpower
  + stars: | 2023-09-24 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +11 min
Saudi Arabia's crown prince is shaking up his economy in a move escalating its UAE rivalry. In March, Saudi Arabia unveiled Riyadh Air , a new airline serving as an alternative to the UAE's Emirates and Etihad Airways. If you want to do business with Saudi Arabia or Saudi state-owned entities, you've got to base your regional HQ in Saudi Arabia." "Saudi Arabia sees the separation project in Yemen as a way to let the Houthis control the north and therefore have a more-threatening border at the south of Saudi Arabia." Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSHow far the rivalry between the two nations goes largely depends on Saudi Arabia's actions.
Persons: Saudi Arabia's, Mohammed bin Salman, Sheikh Mohamed bin Zayed Al Nahyan, MBZ, Obama, You've, Kristian Ulrichsen, Rice, Sheikh Mohamed, Prince Mohammed, Sheikh Mohamed —, —, Leon Neal, Shaybah, Ulrichsen, Sheikh Zayed, Sultan Al Nahyan, Abu, Prince Mohammed bin Salman, Neom, Abishur Prakash, Jorg Greuel, Abdullah Alaoudh, Prakash, you've, Saudi Crown Prince Mohammed, Ludovic Marin, Mohammed's, Jamal Khashoggi, Biden, Baker Institute's Ulrichsen, Alaoudh, wouldn't Organizations: United Arab Emirates, UAE, Service, Baker Institute, Saudi, UAE —, Qatar, Dubai, United, Freedom Initiative, UAE's Emirates, Etihad Airways, Saudi Public Investment Fund, Newcastle United FC, English Premier League, Manchester City, Saudi Crown, Getty, Ritz Carlton, Saudi Royal Court, REUTERS, Saudi Aramco, United Nations Locations: Saudi, Wall, Silicon, Saudi Arabia, East, Washington, London, UAE, Persian, Al Ain, British, Qatar, Abu Dhabi, United Arab, Riyadh, Manchester City . Saudi Arabia, New Delhi, Istanbul, Yemen, Iran, Saudi Arabia's, Bandar, Ukraine
☆ U.S.-China tech battle entering its 'primetime' — and generative A.I. could be the next frontier
  + stars: | 2023-06-23 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +5 min
AI, which is seen as a critical technology by both nations, will likely be dragged into the battle between the two sides. Washington's attention is now likely to turn to generative AI. Generative AI relates to applications such as ChatGPT which are able to generate content when prompted by users. Generative AI is based on so-called large language models, meaning it is trained on huge amount of language in order to be able to understand and respond to prompts from users. China's generative A.I.
Persons: Xi Jinping, Antony Blinken, Leah Millis, Abishur Prakash, Donald Trump, Paul Triolo, Albright Stonebridge, Biden, Triolo, China hasn't, Blinken, China's Xi Organizations: U.S, AFP, CNBC, Chips, Science, Nvidia, Microsoft, Baidu, Alibaba, Washington, Micron Locations: U.S, China, Washington, Toronto, Beijing
☆ 3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
  + stars: | 2023-05-29 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +8 min
The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may not be fully supportive of making the yuan the reserve currency of choice. Here's why even China isn't that keen on de-dollarizing the world economy and making the yuan the top reserve currency. So, the US will need to contend with ever larger amounts of deficit, in order to maintain its pre-eminent reserve currency position. Given the issues standing in Beijing's way, it's unlikely for the yuan to take over the greenback's position as the world's reserve currency of choice, said Green.
☆ America's 'once unthinkable' chip export restrictions will hobble China's semiconductor ambitions
  + stars: | 2022-10-12 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +5 min
America argues that such advanced semiconductors can be used by China for advanced military capabilities. U.S. companies will be heavily restricted in exporting machinery to Chinese companies that are manufacturing chips of a certain sophistication. "The latest chip rules are a sign that Washington is not trying to rebuild relations with Beijing. For example, it's unlikely that advanced chips manufactured by TSMC won't have used American tools somewhere along the way. Under those rules, Huawei was cut off from the most advanced chips that TSMC was manufacturing and that were designed for its smartphones.
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