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A Nvidia chip during the Taipei Computex expo in Taipei, Taiwan, on May 29, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific stocks had a good run in 2024, with most major markets ending the year in positive territory, as the region’s central banks eased monetary policy while an AI boom lifted tech stocks. Taiwan’s … Read more
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known … Read more
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images The Biden administration on Monday said it launched a new probe into legacy Chinese semiconductors that may go into everything from cars to household goods and defense systems. China “routinely … Read more
Vehicles are offered for sale at a Nissan dealership on December 18, 2024 in Libertyville, Illinois. Scott Olson | Getty Images Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a press conference on Monday, Honda CEO Toshihiro Mibe said the … Read more
Ursula von der Leyen, president of the European Commission, during a news conference at the Mercosur Leaders Summit in Montevideo, Uruguay, on Friday, Dec. 6, 2024. Bloomberg | Bloomberg | Getty Images The European Union’s blockbuster trade deal with South America’s Mercosur bloc is widely regarded as highly controversial, with EU member states split over … Read more
“The Threshold of Reverie,” a work produced by Botto. Botto Generative artificial intelligence is making huge waves across industries and services from finance to human resources and spending on the technology is growing fast. And the art world is no different — some artists are using it to help generate work, and others are shocked … Read more
Foxtel headquarters are seen at North Ryde on June 20, 2012 in Sydney. Cameron Spencer | Getty Images News | Getty Images News Corp and telco Telstra have agreed to sell their Australian cable TV and streaming company Foxtel to British sports platform DAZN, valuing the struggling business at A$3.4 billion ($2.1 billion), including debt. As part … Read more
Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets were set to start the holiday-shortened Christmas week on a positive note, after a U.S. government shutdown was averted over the weekend. On Monday, investors will be looking out for any official announcement related … Read more
The “Great Wealth Transfer” is in full swing, as over $100 trillion is expected to be transfered from older generations to their heirs through 2048, according to Cerulli Associates. Goodboy Picture Company | E+ | Getty Images As the baton of wealth is inherited by younger generations, the heirs of wealthy families are taking a … Read more
Broadcom is more likely to deliver big gains for investors in 2025 than AI chip leader Nvidia , as major technology companies seek to reduce their dependence on a single supplier, according to fund manager Stephen Yiu. Yiu, portfolio manager of the Blue Whale Growth Fund, said that while Big Tech giants, such as Microsoft … Read more