Tag: "China"

Business

DeepSeek’s Cost-Efficient AI Model Shakes U.S. Tech Industry and Lawmakers

Chinese artificial intelligence startup DeepSeek is rapidly emerging as a key player in the global AI race, challenging the effectiveness of U.S. trade restrictions...

Business

Japan’s Tech Stocks Plunge Amid AI Rivalry Between U.S. and China

Japan’s semiconductor-related stocks saw sharp declines on Monday following concerns over Chinese AI startup DeepSeek’s rapid advancements, which are perceived as a challenge to...

Business

Chinese AI Applications Expand: From Conversations to Complex Processes

Chinese companies are accelerating their advancements in artificial intelligence, moving beyond simple chatbot models like OpenAI’s ChatGPT to focus on more sophisticated applications. This...

Business

The Unseen Risks of AI: Insight from Abu Dhabi’s $330 Billion Fund

At the World Economic Forum in Davos, the CEO of Abu Dhabi’s $330 billion sovereign wealth fund, Mubadala, issued a stark warning about the...

Business

Analysts Say Chinese Investments Won’t Rebound During Trump’s Presidency

As Donald Trump prepares to return to the White House, analysts predict that Chinese investments in the United States will remain subdued—continuing the downward...

Business

ByteDance Under Pressure: Supreme Court Upholds TikTok Ban

In a landmark decision on Friday, the Supreme Court unanimously upheld a law banning TikTok in the United States unless China-based parent company ByteDance...

Business

Europe’s Luxury Sector Gets Boost as Richemont Posts Highest-Ever Sales

Richemont, the parent company of luxury powerhouse Cartier, has reported a staggering 10% rise in fiscal third-quarter sales, reaching an all-time high of €6.2...

Economic

Asia Markets React: China Trade Data Beats Expectations, India Awaits CPI Report

Asia-Pacific markets opened the week on a weaker note, with investors digesting strong U.S. jobs data that cast doubt on the Federal Reserve’s path...

Business

Deflation Fears in China and Fed Minutes Spur Volatility in Asia Markets

Asia-Pacific markets experienced a turbulent trading session on Thursday, as concerns over inflation and slowing growth in China weighed heavily on investor sentiment. The...

Business

Chinese Tech Giant Tencent Sees 8% Slide Amid U.S. Military List Inclusion

Shares of Chinese tech behemoth Tencent Holdings dropped nearly 8% in Hong Kong trading after the U.S. Department of Defense (DoD) designated the company...

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