Alipay Adds AI Image Search
Alipay, the payment app owned by fintech giant Ant Group, has launched a new feature powered by artificial intelligence.
News - page 8
China’s Factory Activity Growth Misses Expectations
The growth of factory activity in China in December showed a pace that turned out to be lower than the preliminary expectations of experts and became clear evidence that the stimulus measures imposed in the second half of 2024 are not enough to significantly boost the economic system of this Asian country.
South Korea Export Growth Rebounds
In December, South Korean exports showed an acceleration in growth, exceeding preliminary market expectations and ending 2024 with record indicators, as evidenced by trade data released on Wednesday, January 1, which does not negate the risks relevant for 2025.
Macau 2024 Casino Revenues Top Official Estimate
Casino revenues in Macau, the world’s largest gambling hub, grew by almost 25% last year, but at the same time remains below the levels seen before the coronavirus pandemic.
Alibaba Slashes Prices on Large Language Models
Last Tuesday, December 31, Chinese technology and e-commerce giant Alibaba announced an up 85% price cut for its large language models.
World’s 500 Richest People Surpass $10 Trillion in Wealth
In 2024, the overall wealth of 500 of the richest people in the world showed growth.
Boeing Shares Fall
The value of shares of Boeing is currently on a downward trajectory.
Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target
The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.
Nvidia Reportedly Focuses on Robots
The media published information according to which Nvidia intends to pay active attention to the robotics sector against the background of the expected gradual increase in competition in the chip manufacturing sector.
Google CEO Tells Employees to Gear Up for Big 2025
Google chief executive officer Sundar Pichai told employees last week that the stakes are high in 2025 as the company faces increasing competition and regulatory hurdles.
Bank Insiders Leaks Data on Client Accounts
Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.
Goodman Group Shines Among Australian Property Companies
Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.
Experts Predict China’s December Manufacturing Activity to Expand
Experts interviewed by the media are of the opinion that factory activity in China was probably on an upward trajectory in the current month, generating hopes and reasons to be optimistic about the prospects of the future for local officials, who are making efforts to stabilize the situation in the economic system of this Asian […]
South Korea Factory Output Falls
In South Korea, factory output in November showed a decline at a rate that exceeded preliminary expectations regarding the intensity of the relevant process.
UBS Boss Warns Against Excessive Banking Regulation
UBS chief executive officer Sergio Ermotti said on Monday, December 30, that Switzerland should not set such rules for the country’s banking sector that would put it in a disadvantageous position.
Nvidia Closes Acquisition of Startup Run:ai
Nvidia Corp. closed the deal to acquire the Israeli startup Run:ai, gaining software, which helps owners of intelligence computing gear get the most out of their hardware.
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