Data released on Tuesday indicated that China’s economy expanded more quickly than anticipated in the first quarter, providing some respite to policymakers as they work to support growth in the face of persistent weakness in the real estate market and… Read More ›
After a long-awaited assessment by former Federal Reserve Chair Ben Bernanke, the Bank of England announced a “once in a generation” reform of its inflation predictions. The assessment, which was started in response to criticism of the central bank’s policy… Read More ›
In the week ending April 10, global investors pulled out of stock funds for the second week in a row, as concerns about inflation persisted and hopes of a June rate decrease by the US Federal Reserve began to wane…. Read More ›
According to a Deutsche Bank survey released on Monday, consumers are growing somewhat less sceptical of bitcoin, although fewer than one-third of respondents still believe that its price would plummet by the end of 2024. Despite the fact that billions… Read More ›
Elon Musk, the CEO of Tesla, forecasted on Monday that artificial intelligence surpassing human intelligence would likely emerge by 2026 or the following year. In a lengthy interview on X spaces marred by numerous technical hiccups, Musk also revealed to… Read More ›
According to two US Federal Reserve members who joined the chorus of American central bankers, the members are downplaying the need to cut interest rates in the face of persistent inflation. One of them issued a warning, stating that should… Read More ›
The president of the World Organisation for Animal Health (WOAH) stated that the chances of human infection have increased due to the spread of bird flu to more species and its expanding geographic range. Monique Eloit stated that there would… Read More ›
In the October–December quarter, Japan’s economy expanded to its maximum potential for the first time in about four years, a promising development that might permit the central bank to hike interest rates once again. According to a Bank of Japan… Read More ›
According to a regional survey, most Southeast Asians would side with China rather than the United States if they had to choose, yet some nations that feel threatened by Beijing’s claims in the South China Sea still favour Washington. Since… Read More ›
The electronics manufacturer Xiaomi’s fast electric automobile, which was introduced last week, attracted a lot of interest, and shares of the company rose as much as 16% on Tuesday. However, a stockbroker predicted the company would lose about $10,000 on each car… Read More ›
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