S&P Says About Loosening of China’s Fiscal Stimulus
Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.
Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.
Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 18, released earnings data for the first quarter of 2024.
In the first quarter of the current year, China’s economy showed growth that exceeded preliminary expectations, turning out to be a steady process, mainly as a result of the positive state of affairs in the high-tech segment of the manufacturing sector.
Adobe released its artificial intelligence-based digital assistant on Monday, April 15.
The media reports that Salesforce is currently in active negotiations to acquire data management software provider Informatica.
Artificial intelligence, which has already been called by many experts as the main driving force of progress and global development at the current historical stage of human civilization existence, can change the state of affairs in the labor sector and significantly transform the commercial environment in terms of aspects such as productivity, efficiency and quality […]
Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.
China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.
In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
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.
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