Kioxia’s Shares Increase in Debut
Kioxia’s shares soared 14% as part of their market debut on Wednesday, December 18.
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Hong Kong Approves More Cryptocurrency Exchanges
Hong Kong’s securities regulator on Wednesday, December 18, approved the activities of four cryptocurrency exchanges as part of the city’s latest attempt to maintain its competitiveness during a kind of race for the status of a global center for trading digital assets.
UniCredit Raises Stake in Commerzbank
Italian UniCredit SpA increased its holding in German Commerzbank AG to about 28%.
Fed Cuts Interest Rates by Quarter Point
On Wednesday, December 18, Federal Reserve officials made the third decision in the current year to cut their benchmark interest rate, but at the same time decreased the scale of expectations for continued monetary easing next year.
Nvidia Presents New GenAI Tools
NVIDIA has introduced the Jetson Orin Nano Super Developer Kit along with NeMo Retriever suite of microservices – tools designed to enhance generative AI (GenAI) capabilities.
UK Inflation Demonstrates Growth
In the United Kingdom, inflation showed an increase in November, reaching 2.6%.
FXGiants, a CFD Broker, Expands Trading Accounts to Include Zero-Commission, Zero-Spread Options
In a recent announcement, FXGiants, a known CFD broker in the field, has introduced a notable update for its clients. The company has launched new trading account options that come with zero commissions and zero spreads. This move aims to offer both new and experienced traders a cost-effective way to engage with the financial markets. […]
AWS to Invest $10B in AI Infrastructure in Ohio
AWS plans to strengthen its commitment to Ohio with a $10 billion investment supporting the surging demand for cloud computing and AI.
AI Startup Basis Raises $34 Million
The startup Basis, which operates in the space of the artificial intelligence industry, on Tuesday, December 17, announced that it managed to raise investments for $34 million as part of the Series A funding round.
China’s Integrated Circuit Output Slows
In China, integrated circuit (IC) output in November showed an increase of 8.7% year-on-year.
China Seeks to Dominate in AI
China is currently striving to become the dominant player in the global artificial intelligence industry, and according to media reports, citing insiders and experts, Beijing’s corresponding efforts may eventually prove successful, since AI models developed in the Asian country already demonstrate a high level of efficiency and have significant competitiveness.
US Economy Faces Threat of Negative Scenario Amid Donald Trump’s Tariffs
Jamie Dimon, chief executive officer of JPMorgan Chase, the largest financial institution in the structure of the United States banking sector, has repeatedly made some kind of warning statements over the past year that the US economy faces a high level of risk that a negative stagflation scenario will be implemented in its space, repeating […]
UPI Sees Growing Adoption in Rural India
Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.
Generative AI in Payments: Unlocking New Possibilities in Fintech
Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]
Wiki Finance Expo Hong Kong 2025 is Coming on March 27!
Regulation, Crypto, Web3.0, Forex, FinTech will Be in Focus. Taking place on Mar. 27th, 2025, Wiki Finance Expo Hong Kong 2025 is the largest and most influential Fintech and Web3.0 event in Asia in 2025. Wiki Finance Expo Hong Kong 2025 has promised to bring a wonderful and rewarding summit for the industry. Register to […]
Affordable Tech Solutions for Hassle-Free Device Access
Managing device access is no longer limited to traditional mouse and keyboard setups. Modern solutions empower businesses to deliver remote assistance, maintenance, training, and support. These tools integrate advanced features and work across platforms, enabling organisations to operate more efficiently while cutting costs.
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