Author Archives
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Larger Investors Defying EM Outflows By Flooding Developing Markets With Cash
According to a seasoned Bank of America economist who spoke with Reuters, large investors are starting to devote more capital to developing economies as they seek returns. This might signal a structural change in the way they manage their wealth…. Read More ›
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$19 Billion To Be Invested By South Korea To Help The Country’s Chip Industry
Amid “all-out warfare” in the global semiconductor industry, South Korea announced on Thursday a 26 trillion won ($19 billion) assistance package for its chip industries. The country cited the necessity to be competitive in sectors like chip design and contract… Read More ›
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Firms Engaged In Buy Now, Pay Later Business Will Be Governed By Credit Card Regulations, Says US Consumer Regulator
In an effort to exert more control over the rapidly expanding industry, the U.S. Consumer Financial Protection Bureau announced on Wednesday that it will apply certain credit card consumer protection regulations to buy now, pay later (BNPL) lenders. Retailers and… Read More ›
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More Of The World’s Expanding LNG Supply Will Be Absorbed By Emerging Markets Of Asia, Believes Shell
Shell anticipates that its LNG supplies from Australia will assist in meeting the demand from rising markets in south and southeast Asia, which are predicted to take up a portion of the increase in global LNG supply by the end… Read More ›
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Microsoft Launches ‘Copilot+’ AI-Enabled PCs
Microsoft has launched a new line of AI-enabled personal computers in an effort to compete with Apple and Alphabet as it hurries to integrate the cutting-edge technology into all of its products. Chief Executive Satya Nadella of Microsoft announced what… Read More ›
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Britain Wants To Limit The Fees That Mastercard And Visa Charge Merchants
Britain’s Payment Systems Regulator said in preliminary findings on Tuesday that there is no indication that significant increases in fees levied by Visa and Mastercard on merchants using their cards have also resulted in a significant improvement in service, raising… Read More ›
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Natixis Research Shows India Would Require 11.5 Crore Employment By 2030 In Both Manufacturing And Services
In order to accommodate both underutilised labourers and incoming workforce , India must create 11.5 crore jobs by 2030, according to a May 20 research by Trinh Nguyen, a senior economist at Natixis SA, which was cited by Bloomberg. “By 2030,… Read More ›
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Microsoft Unveils New PCs With Qualcomm AI Processors
Microsoft is promoting new PCs with cutting-edge CPUs that can run Windows applications with artificial intelligence capabilities without rapidly depleting the battery. The Surface laptop and Surface Pro tablet, which include a Qualcomm chip and can perform some AI functions… Read More ›
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SAIC And Audi Will Collaborate To Create An EV Platform Tailored For China
Volkswagen’s flagship brand Audi said on Monday that it and its Chinese joint venture partner SAIC will work together to build a new intelligent and electric car platform tailored for China. The decision underscores growing pressure on legacy automakers and… Read More ›
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Overhang Resulting From Slowing Demand Weakening Oil Markets Worldwide
According to traders and analysts speaking to Reuters, the world’s physical crude oil markets are contracting due to a lack of demand from refineries and an abundance of supply. This development might lead to additional declines in benchmark crude futures…. Read More ›