Last Tuesday, April 9, Fitch downgraded the outlook on China’s credit rating, explaining the corresponding decision by the fact that currently, this Asian country is facing such negative circumstances as growing financial risks that have arisen against the background of significant problems in the local economic system.
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.
Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
The US Commerce Department on Monday, April 8, announced that it would award the local unit Taiwan Semiconductor Manufacturing Co (TSMC) a $6.6 billion subsidy.
In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.
An unexpected decrease in the inflation rate was recorded in Switzerland.
Wu Jinglian, one of China’s most outspoken and liberal economists, said Beijing should return to basics.
On Wednesday, April 3, official data were published, according to which an increase in retail sales was recorded in Hong Kong in February.
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.
Amazon Web Service has announced the expansion of its free credits program.
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 […]
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.
In March, the United States recorded an increase in industrial production for the first time in 1-1/2 years.
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.
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