Report - page 36

News

China’s Monetary Shift Signals Economic Issues

Earlier this week, China’s top leadership surprised the market by signaling a shift in monetary policy stance after 14 years, which is unequivocal evidence that the economic problems faced by this Asian country are significant and require certain actions to ensure that the current situation does not gradually transform into a catastrophic crisis.

News

China Prepares for New Trade Tensions With US

Recently, the condition of relations between China and the United States has been on a trajectory of consistent deterioration, being a kind of process containing the risk of crossing the point of no return, beyond which the fundamental degradation of cooperation practices begins, and the future in this case does not have bright colors of […]

Finance & Economics

US Inflation Demonstrates Growth

In November, an increase in inflation was recorded in the United States.

News

Revolut Seeks to Become New Zealand’s First Global Digital Bank

The fintech company Revolut, headquartered in London, is focused on New Zealand as part of its ongoing international expansion.

News

Reddit Tests AI-Powered Answers Feature

Reddit rolls out a new artificial intelligence feature designed to help people quickly find answers to their questions based on user posts.

News

OpenAI Launches Sora

OpenAI has launched an artificial intelligence system called Sora, which can generate realistic videos based on text prompts from users.

News

Google Unveils New Chip

Google has presented a new chip, which, according to the statement of this technology giant, is what can be called a major breakthrough in the area of quantum computing, which is currently considered by many companies as the next frontier.

Fintech & Ecommerce

BofA’s CashPro App Reaches $1 Trillion Milestone

Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.

Finance & Economics

Long-Term Prospects of Fed’s Monetary Policy Easing Face Uncertainty

The jobs report published last week was interpreted by many experts as a kind of signal of the inevitability that in the current month, the Federal Reserve System will make another decision on cutting interest rates, but this answer to the question of what happens next faces a symbolic twilight of uncertainty.

Finance & Economics

China Consumer Inflation Drops to Five-Month Low

In China, November consumer inflation was recorded at a level that is a five-month low.

Finance & Economics

UK Business Confidence Demonstrates Decline

In the United Kingdom, businesses lost steam and pulled back on hiring in November.

News

OpenAI Reportedly to Give Microsoft Access to Its AGI

The media reported that OpenAI may provide Microsoft with access to its as-yet-unrealized artificial general intelligence (AGI).

Fintech & Ecommerce

Australian Fintech Faces Contraction, Blockchain Hit Hardest

Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.

Finance & Economics

HSBC Expects S&P 500 Index to Hit 6,700

Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.

Fintech & Ecommerce

Digital Bank Zopa Raises $85 Million

British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.

News

LG Electronics to Test India’s IPO Market

The Indian unit of the South Korean company LG Electronics Inc. filed for an initial public offering (IPO).