There are, of course, technical hurdles to overcome, too, one of which is modernizing legacy systems. Many enterprises still operate...
Lale Akoner, Global Market Analyst, says while the escalation has introduced new risks, the broader investment case for equities in...
Stockholm, Sweden - The Nobel economics prize wraps up the 2025 season when it is announced on Monday, as experts...Last year it went to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations
For Micael Dahlen, a professor at the Stockholm School of Economics, it is important to look at the disciplines recognised in previous years
Beijing, China -- China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional...China said on Friday that it would impose "special port fees" on ships operated by and built in the US, calling it a "defensive action."
The US leader also threatened to pull out of a mooted meeting with Xi at the Asia-Pacific Economic Cooperation summit in South Korea.
- US President Donald Trump said Friday he no longer feels the need for a summit with Chinese leader Xi Jinping...
In a lengthy and unexpected Truth Social post, Trump railed against China imposing export controls on rare earth minerals -- a critical component in modern technology
"Some very strange things are happening in China! They are becoming very hostile," Trump said in the post, which he sent as he headed for medical check-up at a military hospital
Stock markets, meanwhile, were mixed as traders weighed a slew of issues: massive AI investments, corporate results, US interest rates,...The price of silver topped $50 an ounce for the first time since 1993 in the wake of sister safe-haven gold soaring to record highs.
The metal hit $50.1900, while gold retreated after hitting a record above $4,000 an ounce on Wednesday.
New York, United States - Gold topped $4,000 an ounce for the first time Wednesday as investors flocked to the...US and European stock markets rose while Asian equities fell as investors also kept tabs on the AI investment boom and the prospect of further US interest rate cuts this year
Gold, considered a safe investment in times of uncertainty, reached an all-time high of nearly $4,060 an ounce Wednesday with silver also rising close to a record high
- The WTO raised its forecast for trade volume growth in 2025 to 2.4 percent -- up from 0.9 percent in...
In an unusual move, the global trade body has revised its estimates several times this year due to uncertainties surrounding the new tariffs imposed by the Trump administration.
Since returning to office in January, Trump has slapped several waves of new tariffs on imports entering the United States.
Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding,...The event brings together the world’s most advanced AI and tech enterprises and leaders from 180 countries, from 13-17 Oct at Dubai World Trade Centre.
Expand North Star celebrates its 10th edition from 12-15 October at Dubai Harbour.
OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure...The companies announced the plan to develop AI data centers that the chipmaker said would bring in tens of billions of dollars in new revenue over the next five years
AMD's share price surged 35 percent when markets opened on news of the agreement that would see the company deliver six gigawatts worth of chips to the ChatGPT-maker
- Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -used to power AI systems
The United States cites national security concerns, such as the risk of giving China a military advantage, for the block, a geopolitical bind that shows no sign of easing
- Hanoi, Vietnam -- Vietnam recorded economic growth of 8.2 percent in the third quarter, among the highest increases in more...
Finance Minister Nguyen Van Thang said the figure -- excluding the surge in 2022 driven by a post-Covid recovery -- was "the highest quarterly growth since 2011".
The Southeast Asian manufacturing hub achieved growth of 7.96 percent in the second quarter.
