Apple’s iPhone Sales in China Demonstrate Growth
In China, a significant increase in sales of Apple’s iPhone smartphones was recorded in April.
Report - page 75
Central Banks Use Generative AI for Cybersecurity Praising Its Effectiveness
BIS report revealed that most of its central bank members are adopting generative AI to enhance their internal cybersecurity measures. Moreover, they see immediate results of such implementation.
Bank of Japan Signals Room for Interest Rate Hikes
Governor of the Bank of Japan Kazuo Ueda and his deputy said that after this Asian country shifted away from the 0% inflation norm, opportunities for a gradual increase in interest rates were formed.
China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds
The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.
China’s Middle Class Concerns About Spending
According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.
China Creates $47.5 Billion Chip Fund
China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.
Startup xAI Raises $6 Billion
Startup xAI, which operates in the artificial intelligence industry, raised $6 billion in investment funds.
Mastercard and African Development Bank Group Collaborate to Provide Digital Identities
Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.
SEC Greenlights More Ethereum ETFs
The price of Ethereum has hardly shown any changes even though the United States Securities and Exchange Commission (SEC) has approved the accelerated launch of Ether exchange-traded funds (ETFs).
Walmart Launches Gamified Marketplace
Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.
Spreedly Launches Partnership With NuORDER
The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.
Amazon Reportedly Ramps Up Logistics Expansion
Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.
Worldcoin to Stop Iris-Scanning Operations in Hong Kong
Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.
Nvidia Continues to Benefit From AI
Nvidia last Wednesday, May 22, released information about the financial results of its activities in the last quarter, which proved that this company continues to be one of the main beneficiaries of the so-called artificial intelligence boom.
Lenovo Reports Quarterly Earnings
For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.
Xiaomi’s Sales Demonstrate Growth
The financial results of Chinese Xiaomi for the first quarter of the current year exceeded preliminary expectations, as the process of gradual recovery of the global economy became a factor that created favorable circumstances for the business of this manufacturer of electronic appliances.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.