Asia’s top-performing market in 2023 was Japan, as the Nikkei 225 surged 28% to reach levels not seen since 1989. At the close of 1989, the Nikkei reached all-time highs thanks to a bubble in equities and real estate. And… Read More ›
Economy & Finance
Slow Demand Will Maintain Oil Prices Close To $80/B In 2024, According To A Reuters Poll
A Reuters poll conducted on Friday indicated that international oil prices are expected to remain around $80 per barrel in 2024, with analysts predicting that weak global growth would limit demand and geopolitical concerns might give support. Analysts questioned if… Read More ›
AI And Electric Vehicle Deals To Be The Technology Trends For 2024
Perhaps 2023 will go down in IT history as the year that generative AI became widely used. Though not flawless, generative AI systems can produce a variety of content quickly, including computer code, artwork, and essays. This versatility has made… Read More ›
Microsoft And OpenAI Are Sued By The New York Times For ‘Billions’ Of Dollars
The New York Times, a US news outlet, is suing OpenAI, the company that owns ChatGPT, claiming that the company violated its copyright when training the system. Microsoft is also named as a defendant in the case, which claims the… Read More ›
Despite Boom In AI Market, China’s Cloud Business Has Not Seen Growth
In mainland China, the excitement surrounding artificial intelligence isn’t driving a surge in cloud service spending just yet. Tech market research company Canalys stated in a report released on Wednesday that “the Chinese cloud services market remains conservative, relying heavily… Read More ›
Why Healthy Food Items Are Frequently More Costly?
It’s not always possible to have a healthy diet, or at least one that is more balanced, as food prices cause significant gaps between rich and poor populations in many nations. According to a June 2023 British study, The Food… Read More ›
In 2024, Device Updates And AI Integration Will Propel A Rise In PC Sales
The decline in personal computer sales is probably going to come to an end next year as buyers seem determined to purchase newer models, and analysts predict that desire for gadgets with artificial intelligence capabilities will propel the market even… Read More ›
Will Rate-Cut Dreams Be Disappointed, Or Will The ‘Big Ease’ Arrive In 2024?
Investors, economists, company executives, and regular customers from London to Lyons to Los Angeles have one hope as 2024 approaches: let the interest rate reductions start! The majority of the industrialised world’s central banks concluded 2023 with a flurry of… Read More ›
US Labour Market’s Resiliency Keeps The Economy Afloat With 2023 Comes To A Close
The latest indication that the economy was picking up steam as the year came to an end was the slight increase in the number of Americans submitting new claims for unemployment benefits last week. The Labour Department released data on… Read More ›
US Updates Its Unverified List Adding 13 Chinese Firms
In a federal notification published recently, the US added 13 Chinese enterprises to a list of organisations that are receiving US exports but that inspectors are unable to inspect. When U.S. export control officers are unable to finish their site… Read More ›
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