Alibaba's affiliate, Ant Group outbids Citadel Securities for Credit Suisse's bank venture in China. Will the offer succeed?
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China has approved more than 40 AI models for public use in the first six months since authorities began the approval process.
US-imposed restrictions on advanced chip sales to China have propelled a significant stance on the US-China Chip Shift.
On August 25th, the EU Digital Services Act (DSA) will usher in its first phase, mandating content monitoring for tech giants.
China's internet giants rush to acquire high-performance Nvidia chips vital for building generative AI systems, making orders worth $5 bln.
Generative artificial intelligence (A.I.) in US-China tech battle is emerging as the new battleground, intensifying tensions despite recent talks between the two nations. In the battle for tech supremacy between the United States and China, a new battleground is emerging. The clash between the two nations over key technologies, such as semiconductors, has prompted experts […]
Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation seemed to suggest the Federal Reserve’s rate hike cycle was nearing its end. Early in the Asia day the euro hit a 2-1/2 month top at $1.10. Investors are positive […]
With sentiment still fragile in the aftermath of the banking crisis, a risk-on rally proved short-lived, leaving the MSCI ex-Japan index swinging between gains and losses on Thursday. The dollar firmed up, continuing its rebound, while gold eased. But as we are at the ‘no news = good news’ stage of the recovery from the […]
A look at the day ahead in Asian markets from Jamie McGeever. The recovery from this month’s banking shock is gathering momentum and looks like it will roll into Thursday, leaving investors free to pick up where they left off on Wednesday as there are no major economic or policy events on the Asian calendar. […]
China’s cyberspace regulator vowed on Tuesday to clamp down on malicious online comments that damage the reputation of businesses and entrepreneurs, amid an official drive to shore up the private sector and spur economic growth. “False information against enterprises and entrepreneurs, especially private enterprises and private entrepreneurs, appear from time to time, damaging the brand […]