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China's Central Bank Signals More Rate Cuts Amid Economic Slowdown, RRR to Drop by 50 BPS

Sep 24, 2024 15:58 pm UTC| Business Economy

The Peoples Bank of China plans to cut the reserve requirement ratio by 50 basis points, with further reductions expected by year-end. Governor Pan Gongsheng suggested additional rate cuts, including a reduction in the...

U.S. Unveils $100 Million Global AI Partnership with Tech Titans OpenAI, NVIDIA, and Meta

Sep 24, 2024 15:49 pm UTC| Business Economy

U.S. Secretary of State Antony Blinken announced a $100 million AI initiative at the United Nations AI Summit, partnering with major tech companies like OpenAI, Microsoft, and Meta. The goal is to expand AI access...

독일 정부, 12% 지분 유지 계획에 코메르츠방크·유니크레디트 주가 하락

Sep 24, 2024 11:14 am UTC| Economy Business

월요일 코메르츠방크(Commerzbank)와 유니크레디트(UniCredit)의 주가가 하락했다. 독일 정부가 코메르츠방크의 12% 지분을 당분간 유지하겠다고 밝히면서, 이탈리아 은행과의 합병이 보류될 가능성이 커졌기 때문이다. 지난 금요일...

태국, 10월 1일 최저임금 인상 연기 예정

Sep 24, 2024 11:13 am UTC| Economy

태국은 10월 1일로 예정된 최저임금 인상을 약 2주 연기할 예정이라고 월요일 한 고위 노동부 관계자가 밝혔다. 이는 인상 관련 회의에서 정족수를 충족하지 못했기 때문이다. 태국 노동부 차관 파이롯 촛티카사티엔에 따르면, 고용주,...

독일 기업 활동 위축 심화, PMI 지표 발표

Sep 24, 2024 11:13 am UTC| Economy

월요일 발표된 조사에 따르면, 9월 독일 기업 활동이 7개월 만에 가장 가파른 속도로 위축되었으며, 이는 유럽 최대 경제국인 독일이 경기 침체에 빠졌음을 시사하고 있다. SP 글로벌이 집계한 HCOB 독일 플래시 종합 구매 관리자...

영국 라이트무브, REA 그룹의 81억 달러 인수 제안 검토 예정

Sep 24, 2024 11:13 am UTC| Economy Business

영국의 부동산 매물 사이트 운영사 라이트무브(Rightmove)는 월요일, 호주 부동산 기업 REA 그룹의 61억 파운드(81억2천만 달러) 인수 제안을 신중히 검토할 것이라고 밝혔다. 이는 두 차례의 이전 제안을 거절한 후 나온 것이다. 최신...

유럽 주식 혼조세, PMI 및 코메르츠방크 주목

Sep 24, 2024 11:12 am UTC| Economy

유럽 주식시장은 월요일 혼조세를 보이며, 투자자들이 지난주 연방준비제도(Fed)의 대규모 금리 인하를 소화하는 가운데 신중한 출발을 보였다. 그리니치 표준시(GMT) 07:10 기준, 독일 DAX 지수는 0.1% 상승, 영국 FTSE 100 지수는...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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