All materials - page 54

News

Apple to Fight Watch Ban in Court

The White House did not lift the ban on the sale of Apple smartwatches in the United States market.

Science & Technology

Intel to Invest $25 Billion in Israel

Intel has confirmed its intention to invest $25 billion in Israel.

News

Samsung Reportedly Delays Production at New US Factory

Media reports that South Korean company Samsung Electronics Co. has postponed plans to launch mass production at its new chip manufacturing plant in Taylor, Texas.

News

Singapore November Core Inflation Demonstrates Subdued Demand

In Singapore, core inflation showed a dynamic of the decline in November.

News

China Stimulates Asia-Pacific Demand for Sustainable Finance

Analysts and fund managers predict that next year, investing in companies and industrial sectors to create a kind of economic base for their transition to a low-carbon future will become the dominant trend in China and the Asia-Pacific region, as demand for sustainable financial products continues to remain high here, despite the current interest rate […]

News

Four Chinese AI Models Pass Official Assessment

In China, the first group of four large generative artificial intelligence models has passed an official assessment of compliance with standards.

Fintech & Ecommerce

Alibaba Promotes Millennials to E-Commerce Leadership Roles

Alibaba Group Holding is pushing millennials, who are representatives of the generation born in the early 1980s – mid-1990s, to take leading roles in the Chinese online market, since currently this e-commerce giant, based in Huangzhou, is going through a kind of transformation period to resist the pressure of competitors such as PDD Holdings.

Finance & Economics

UK Ethnic Minority Businesses Are Twice More Ambitious Than SMEs Overall

Recent UK research showed that almost 6 in 10 ethnic minority-owned businesses (EMBs) have ambitions to both grow and take risks, significantly higher than the overall percentage of SMEs nationwide (27%).

News

Spot Bitcoin ETF Updates Deadline Set on Dec. 29

The SEC has announced a Dec. 29 update deadline for potential spot Bitcoin ETF providers that wish to receive their approvals in early January.

News

India Tests AI for Severe Weather Forecast

India’s governmental department believes that AI climate models can help improve forecasting, especially important for severe weather conditions like floods and droughts.

Science & Technology

China’s Instagram Rival Xiaohongshu Approaches for 2023 Net Profit

The Chinese social network Xiaohongshu Technology Co., which in terms of functional content resembles Instagram in many ways, plans to make a profit this year.

Science & Technology

OpenAI Reportedly Plans to Raise New Funding

Media outlets, citing insiders, report that OpenAI is currently discussing the possible holding of a new round of fundraising for at least $100 billion.

Science & Technology

China Softens Stance on Gaming

China approved 105 domestic games on Monday, December 25th.

Finance & Economics

Royal Bank of Canada Gets Nod for Purchase of HSBC Unit

Canada at the end of last week approved the implementation of a deal to acquire the internal unit of HSBC by Royal Bank of Canada (RBC) for $10.2 billion.

News

South Korea Fines Global Banks for Illegal Naked Short Selling

South Korea has decided to impose a total fine of 26.5 billion won ($20.4 million) on two global investment banks and a local unit of an international company for involvement in naked short selling.

Finance & Economics

Bank of Japan Governor Signals Chance of Policy Shift

The governor of the Bank of Japan, Kazuo Ueda, on Monday, December 25, stated that there is currently an increasing likelihood that the financial regulator’s inflation target will be reached, noting the possibility of making adjustments to the policy of the organization he heads.