China Attempts to Save Developer Vanke From Default
In China, local banks are currently trying to save another large developer which is on the verge of collapse.
Report - page 90
US Wants to Help Philippines Double Its Semiconductor Facilities
US Commerce Secretary Gina Raimondo on Tuesday, March 12, during a speech at a business forum in Manila, said that Washington wants to help the Philippines double its chip-making production capacity.
Airbnb Bans Indoor Security Cameras
The short-term rental housing platform Airbnb on Monday, March 11, announced that it prohibits the use of indoor security cameras on premises around the world.
Reddit Launches IPO
Reddit Inc. has disclosed details of its upcoming initial public offering (IPO), which is likely to be the largest event of a relevant nature in the current year.
Japan Seeks to Global Leadership in AI
Japan is currently offering new opportunities in the sphere of digital technologies using innovative artificial intelligence tools.
Gold Prices Demonstrate Prospects for Continued Growth
In the foreseeable future, the record growth in gold prices may continue, as investors expect that shortly central banks will begin to implement monetary easing policies, within which interest rates will be lowered.
Japan Manages to Avoid Recession
The Japanese economy in the last quarter of 2023 showed a positive result, which exceeded the preliminary forecasts of analysts.
China’s Consumer Prices Rise for First Time in Half-Year
Positive consumer inflation has been recorded in China for the first time in the last six months.
Intel-Backed Astera Seeks $534 Million in IPO
Astera Labs Inc. intends to raise as much as $534 million in an initial public offering (IPO).
China to Establish $27 Billion Chip Fund
China is currently on its way to establishing the largest chip fund, which will become a kind of organization designed to counter the restrictions from the United States in the sphere of access to advanced microcircuits.
MoneyLion Adds AI to Personal Financial Management Platform
MoneyLion has added a premium membership offer and an artificial intelligence-based search feature to its personal finance management platform.
Hong Kong Launches Wholesale CBDC Project
In Hong Kong, the local financial regulator announced the launch of the wholesale Central Bank Digital Currency (CBDC) project.
Nationwide Building Society to Acquire Virgin Money
The bank Nationwide Building Society, which is based in the United Kingdom, plans to acquire retail lender Virgin Money.
Uber Eats Launches Live Location Sharing
Uber Eats has announced the launch of a real-time location-sharing feature for delivery to hard-to-reach spaces.
NYCB’s New CEO Mulls Business Plan
The new CEO of New York Community Bancorp (NYCB), Joseph Otting, said that he is currently working on creating a new business plan for this financial institution.
Salesforce Announces New AI Solutions for Doctors
Salesforce on Thursday, March 7, announced new solutions for data processing and artificial intelligence.
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