Economists cited by the media argue that the latest rise in Chinese government bond yields should not be characterized as a sign of reflation, as ongoing deflationary pressures are expected to be a contributing factor to interest rates remaining low.
Currently, Chinese technology companies are actively paying attention to open-source artificial intelligence models in the practical plane, launching such digital products at a high-intensity pace, while watchers and insiders claim that the implementation of the appropriate approach contributes to boosting AI adoption and scaling some other innovative functional solutions of the advanced category in the […]
E-commerce giant Amazon continues its efforts to reduce and eliminate emissions across its global ecosystem, adding carbon credits to the Sustainability Exchange resource hub.
Buy Now, Pay Later (BNPL) options from Klarna will be available for DoorDash orders soon.
Popular online shopping marketplace Temu and a leading cross-border payment platform dLocal join forces to bring affordable products to emerging markets of Africa, Asia, and Latin America at favourable conditions.
Meituan for the first time unveiled plans to develop its own artificial intelligence model after the company reported a 20% increase in its quarterly revenue.
Last Thursday, March 20, Nvidia chief executive officer Jensen Huang announced that the company would open a quantum computing research laboratory in Boston, where the firm plans to collaborate with scientists from Harvard University and the Massachusetts Institute of Technology.
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Companies operating in the chip manufacturing industry are asking to triple the amount of subsidies provided under Germany’s latest funding program, which is one of the top priorities for the government of this country.
China and Japan on Saturday, March 22, will hold the first economic dialogue in the last six years aimed at reducing tensions.
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
The media, citing an anonymous insider, published information according to which Perplexity AI, a startup building search engine powered by artificial intelligence, is currently in talks to double its valuation to $18 billion as part of a new funding round.
The People’s Bank of China on Thursday, March 20, decided to keep its key lending rates unchanged, as the Asian country is currently trying to support economic growth and stabilize the yuan amid the observed process of intensification of trade frictions.
The Swiss National Bank on Thursday, March 20, decided to cut its key interest rate by a further 25 percentage points, as the country’s economy grapples with depressed inflation.
The European Union delayed the entry into force of retaliatory tariffs on US goods, which were announced after the United States imposed 25% levies on steel and aluminum imports in the current month.
The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.
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