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GLOBAL CORPORATE
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Meta CEO Mark Zuckerberg outlined his vision for artificial intelligence (AI), making the case for open models and laying out his beliefs on how the technology should be regulated in a 6,500-word manifesto published on August 10.He argued for a positive vision of Al centered on individual empowerment, with in...
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Sony ?Group ?and Taiwan's TSMC ?plan to spend around 1 trillion ?yen ($6.32 billion) to jointly make next-generation microchips ?used in image sensors, ?the Nikkei business daily said ?on ?Monday....
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U.S. ?imports of containerized goods ?in July hit the fourth-highest level for the month, ?as shippers rushed in goods ahead of unknown U.S. tariff changes, supply ?chain technology provider Descartes ?Systems Group said on Monday. ...
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Nvidia said on Monday ?it has partnered with six major financial institutions to ?launch compute financing platforms aimed at raising over $500 billion in third-party capital ?for AI infrastructure....
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U.S. officials on Monday said they ?are ?working closely with foreign investors to identify ?gaps in the U.S. manufacturing supply chain and to help small- and medium-sized businesses ?scale up to meet rising demand as foreign investments surge....
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South Korean battery maker Samsung ?SDI ?said on Tuesday it will ?end its joint venture agreement with General Motors in Indiana ?and acquire the U.S. firm's 49.99% stake, citing weaker-than-expected electric vehicle demand....
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GLOBAL ECONOMY
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China's central ?bank pledged in ?its five-year ?plan to keep ?the ?yuan ?exchange rate basically stable and ?expand the use of the ?Chinese currency in ?international trade ?and ?investment, it said ?in a statement ?on ?Monday. ...
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Ukraine's central bank ?announced ?on Monday the ?biggest currency liberalisation measures since the February ?2022 launch of the full-scale Russian invasion of the ?country in an effort ?to boost business and investor confidence....
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Singapore raised its ?economic ?growth forecast for 2026 on Tuesday, ?saying a stronger-than-expected global artificial intelligence investment boom and a milder impact from the Middle ?East war should support activity in the seco...
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?Malaysia's industrial ?production index ?in June rose 6.5% ?from ?a ?year earlier, below expectations, government ?data showed on ?Tuesday. June's factory output ?had ?been forecast ?to expand ?7%, according to ?11 ?economists s...
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Australia's central bank warned on Tuesday that ?inflation ?risks were still tilted to the ?upside amid tensions in the Middle East, but expected cost pressures to cool ?a little quicker than previously thought as financial condit...
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Australia's ?central ?bank held ?its cash rate steady at ?4.35% as expected on Tuesday, saying ?the economy was slowing ?in the face of ?tighter ?financial conditions, while warning that it might have ?to hike rates again if neede...
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Philippine President Ferdinand Marcos Jr. ?asked ?Congress on Tuesday to approve ?a 7.2 trillion-peso ($118.1 billion) budget for 2027, 6% higher than this ?year, as his government sought to regain momentum after a sharp economic ...
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