Hong Kong Retail Sales Demonstrate Growth
On Wednesday, April 3, official data were published, according to which an increase in retail sales was recorded in Hong Kong in February.
News - page 6
Analysts Say About Need for New Chinese Strategy on Global Trade
The United States is currently implementing efforts to divert international supply chains from China to other countries, which has already become a topic of active discussion in the expert community.
Federal Reserve Bank of Atlanta President Expects One Rate Cut in 2024
The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said that it would probably be advisable for the United States financial regulator to lower interest rates in the fourth quarter of the current year.
Euro-Area Inflation Slows to 2.4%
On Wednesday, April 3, flash official data were released, according to which in March in 20 countries belonging to the eurozone, inflation fell to 2.4%.
Amazon Offers Free Credits for Startups
Amazon Web Service has announced the expansion of its free credits program.
US Reportedly Urges South Korea to Tough Export Controls on Chinese Chips
The media reported that the United States appealed to South Korea to decide on restrictions on the export of semiconductor technologies to China.
China’s Banks Cut Salaries
In China, the banks that demonstrate the most intensive dynamic of development have reported the largest wage cuts.
China Allocates $70 Billion to Low-Altitude Economy
The Chinese authorities have decided to scale up the process of using unmanned and other aircraft, which has caused a sharp increase in enthusiasm about the prospects for realizing the significant potential of relevant technologies that are necessary to stimulate and revitalize the low-altitude economy, which is already at a high level of development in […]
Chinese Authorities Signal Possibility of Starting Trading Government Bonds
The speech by the head of the People’s Republic of China, Xi Jinping, signals that the authorities of this Asian country may start trading government bonds in the foreseeable future to regulate liquidity in the market.
OpenAI, Microsoft Work on Data Center Project
The media reports that OpenAI and Microsoft are currently working on a project involving the construction of a data center.
US Manufacturing Sector Demonstrates Growth
In March, the United States recorded an increase in industrial production for the first time in 1-1/2 years.
DeepMind Co-Founder Says About Negative Aspect of AI Hype
Demis Hassabis, one of the co-founders of DeepMind, said that excessive hype around artificial intelligence is a barrier to making progress in the AI industry.
China’s Manufacturing Activity Demonstrates Growth
In China, manufacturing activity grew at the fastest pace in the last 13 months in March.
World Bank Says About Rapid Growth of East Asian Economy
World Bank data indicate that economic growth rates in developing countries in East Asia and the Pacific are currently exceeding similar results in the rest of the world.
Coro Raises $100 Million
Coro raised $100 million following a Series D funding round to develop its cybersecurity platform designed for small and medium-sized businesses.
Immunefi Registers 23% Crypto Hacking Losses Decline in Q1 2024
The two largest crypto hacking attacks in Q1 2024 were incidents with the cross-chain bridge protocol Orbit Bridge and Blast-based nonfungible token game Munchables.
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