China has successfully completed a crucial safety test and fired off a new-generation rocket as part of the country’s preparations for a crewed mission to the moon. Wednesday’s escape test on board the Mengzhou crew carrier was designed to ensure that astronauts could be safely returned to Earth if something went wrong during the launch. The Chinese space programme had already carried out a ground...
China has successfully completed a crucial safety test and fired off a new-generation rocket as part of the country’s preparations for a crewed mission to the moon. Wednesday’s escape test on board the Mengzhou crew carrier was designed to ensure that astronauts could be safely returned to Earth if something went wrong during the launch. The Chinese space programme had already carried out a ground-level safety test in June, but the latest test was designed to check that crew members would be able to escape after lift-off. Advertisement The test also featured the first flight of a Long March-10 carrier rocket, which is being developed to launch Chinese astronauts to the moon. The uncrewed vessel took off from the Wenchang Satellite Launch Centre on the southern island of Hainan aboard a Long March-10 prototype test rocket at 11am on Wednesday. Advertisement The Mengzhou vessel separated from the rocket shortly after launch, before splashing down in the ocean at its designated landing spot, according to state news agency Xinhua.
A hundred flood warnings, 97 for England and three for Scotland, remain in force as the UK's wet winter continues. More rain is also on the way, with an additional 5-10mm falling widely through Tuesday night and Wednesday, bringing an unwelcome top up. But change is on the horizon, with conditions expected to turn colder later in the week. And by the end of the month, it is possible high pressure ...
A hundred flood warnings, 97 for England and three for Scotland, remain in force as the UK's wet winter continues. More rain is also on the way, with an additional 5-10mm falling widely through Tuesday night and Wednesday, bringing an unwelcome top up. But change is on the horizon, with conditions expected to turn colder later in the week. And by the end of the month, it is possible high pressure may bring more settled weather conditions. Parts of the UK have been hit with a real deluge of rain so far this year with Cornwall and County Down recording their wettest January on record. It has been particularly wet in southern England, Northern Ireland and East Scotland.
Earnings Call Insights: Astera Labs (ALAB) Q4 2025 Management View Jitendra Mohan, CEO, highlighted that revenue for Q4 reached $270.6 million, representing a 17% increase over the prior quarter and a 92% rise year-over-year. Full-year 2025 revenue was $852.5 million, reflecting 115% growth compared to the previous year. Growth was attributed to broad-based demand spanning signal conditioning, sma...
Earnings Call Insights: Astera Labs (ALAB) Q4 2025 Management View Jitendra Mohan, CEO, highlighted that revenue for Q4 reached $270.6 million, representing a 17% increase over the prior quarter and a 92% rise year-over-year. Full-year 2025 revenue was $852.5 million, reflecting 115% growth compared to the previous year. Growth was attributed to broad-based demand spanning signal conditioning, smart cable module, and switch fabric products, with diversification supported by new design wins and a broader customer base. Mohan stated the company is seeing robust secular trends in AI and cloud infrastructure, citing "exceptionally strong spending commentary coming from the top U.S. hyperscalers with Google and AWS alone, guiding nearly $400 billion in total CapEx spending for 2026." The Scorpio P-Series exceeded its 10% revenue target for the year and is the only PCIe 6 fabric shipping in volume, with expectations for further growth as shipments begin to two additional major hyperscalers in 2026. Mohan also discussed Scorpio X-Series, anticipating incremental revenue growth in early 2026 and a transition to high-volume production in the second half of 2026, with volume ramp set for 2027. Mohan reported Taurus as the strongest performing product family in Q4, growing more than 4x year-over-year, largely due to new 400 gig designs and upcoming 800 gig switching platforms expected to drive further expansion. Mohan announced a partnership with Microsoft, Intel, and SAP for Leo CXL Memory expansion products, enabling evaluation of CXL Memory expansion within Microsoft Azure M-series virtual machines, with initial production volumes expected in the second half of 2026. Astera Labs is expanding its team and capabilities, including the establishment of an advanced design center in Israel, to support development of high-bandwidth and custom AI fabrics. Mohan also announced that Mike Tate will transition from CFO to strategic adviser, and Desmond Lynch will become the new CFO eff...
China’s consumer prices rose for the fourth consecutive month in January – although at a slower pace – while the decline in factory-gate prices continued to narrow, in a tentative sign that deflationary pressures in the Chinese economy may be starting to let up. But analysts said a clearer picture of the outlook for inflation would only emerge in the coming months due to distortions caused by the ...
China’s consumer prices rose for the fourth consecutive month in January – although at a slower pace – while the decline in factory-gate prices continued to narrow, in a tentative sign that deflationary pressures in the Chinese economy may be starting to let up. But analysts said a clearer picture of the outlook for inflation would only emerge in the coming months due to distortions caused by the Lunar New Year holiday, which typically brings a surge in demand that drives up prices. The national consumer price index (CPI), a crucial gauge of inflation, rose 0.2 per cent year on year last month, according to data released by the National Bureau of Statistics on Wednesday. Advertisement The reading missed market expectations for a 0.44 per cent increase, according to a poll of economists by financial data provider Wind. It also represented a slowdown from December, when the CPI rose by 0.8 per cent year on year – the fastest growth recorded in nearly three years. Dong Lijuan, a senior statistician at the bureau, attributed the muted CPI growth last month to the different timing of the Lunar New Year holiday – which fell in January last year, but takes place in February this year – and a retreat in global oil prices that dragged down energy prices. Advertisement But Dong stressed that core inflation – a metric that excludes volatile food and energy prices – remained on a “moderate upward trend” as consumer demand recovers. The core CPI rose 0.8 per cent year on year last month.
Replit CEO Amjad Masad on the AI coding boom, the recent selloff of software stocks, and the rise of "vibecoding." Plus: The implications for the future of software as non-technical users begin to build.
Replit CEO Amjad Masad on the AI coding boom, the recent selloff of software stocks, and the rise of "vibecoding." Plus: The implications for the future of software as non-technical users begin to build.
Chinese shares have secured their biggest wave of net additions to MSCI Inc.’s key gauges in almost three years, setting the stage for stronger inflows from index-tracking investors. MSCI increased the number of Chinese companies in its Global Standard Indexes by 21 after a review, marking the biggest such inclusion since May 2023, according to data compiled by Bloomberg. The index compiler added ...
Chinese shares have secured their biggest wave of net additions to MSCI Inc.’s key gauges in almost three years, setting the stage for stronger inflows from index-tracking investors. MSCI increased the number of Chinese companies in its Global Standard Indexes by 21 after a review, marking the biggest such inclusion since May 2023, according to data compiled by Bloomberg. The index compiler added 37 Chinese firms and removed 16, it announced Tuesday. The adjustment paves the way for more buying by passive investors that follow such benchmarks, offering a fresh boost to Chinese equities that have staged a surprise rally since last year. A larger presence in global gauges may also nudge active funds to reassess their exposure to the world’s second-largest stock market, at a time when China’s appeal is strengthening with its technological advances and trade resilience, as well as investors’ shift away from US assets. “This increase in weight could be the beginning of a trend for some time,” said Jun Bei Liu , co-founder and lead portfolio manager at Ten Cap Investment. It can induce “more buying in Chinese stocks,” she added. Technology firms dominated the latest additions, while several consumer names were left out, underscoring how investor interest remains centered on artificial intelligence and innovation-linked firms. New entries to MSCI’s gauges include semiconductor products maker Anji Microelectronics Technology Shanghai Co., autonomous driving technology provider Pony AI Inc. and quantum information products maker QuantumCTek Co. There will be more inclusion ahead as “new growth is coming from new industries,” said Hao Hong , chief investment officer at Lotus Asset Management Ltd. “Global investors should look increasingly into the mainland market to find real growth opportunities.”