South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.
In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.
The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.
Barclays’ recent report projects that data-centre usage will likely triple due to the rapid AI growth by 2030. The firm’s estimates are notably higher than the current sustainable consensus, raising questions about the potential implications of AI development for global efforts to reduce greenhouse gas emissions.
A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.
Most Japanese companies that have operations in the United States are currently preparing for possible additional tariffs after the inauguration of US President-elect Donald Trump.
The International Labor Organization published a report this week, which contains information that the global unemployment rate last year was steady at a historic low of 5%.
Perplexity AI, an artificial intelligence-powered search engine, acquires Read.cv, a social media platform for professionals that competed with Linkedln.
Last year, China’s economic system growth exceeded preliminary expectations.
The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.
Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.
Citigroup has cut its closely watched profitability target for 2026, as this lender is currently struggling with regulatory expenses that demonstrate the dynamic of growth.
Treasury Secretary nominee Scott Bessent warned that a crisis scenario could be realized in the United States economic system, which would become a situation with painful consequences for the middle and working-class people.
In the United States, two major regional banks have released muted forecasts for their net interest income in the first quarter of the current year amid uncertainty about the extent to which low interest rates will revive demand for loans.
Last Thursday, January 16, Morgan Stanley published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations and demonstrated the positive dynamic due to the bank’s equities and fixed-income traders generating a result surpassing forecasts.
In 2024, Germany’s economic system was on a downward trajectory, and 2025 is likely not to be a period of growth and prosperity.
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