Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets were mostly set to fall Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the…

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US approves some Nvidia UAE sales, Bloomberg News reports

US approves some Nvidia UAE sales, Bloomberg News reports

(Reuters) -The United States has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday. The Commerce Department’s Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral artificial intelligence agreement hashed out in May, the report said, citing…

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AI and smart manufacturing come to the fore as multinationals face cost hikes: StanChart

AI and smart manufacturing come to the fore as multinationals face cost hikes: StanChart

Three in five multinational companies expect costs to rise due to ongoing geopolitical uncertainties, which is spurring their adoption of artificial intelligence and smart manufacturing to offset financial pressure, according to a Standard Chartered survey on Wednesday. About 62 per cent of top executives surveyed predicted cost increases of 5 to 14 per cent in…

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Exclusive | Hong Kong police chief and regional counterparts discuss scams and training

Exclusive | Hong Kong police chief and regional counterparts discuss scams and training

Hong Kong’s police chief has met top security authorities from four countries in the region, including Cambodia and Singapore, to discuss closer collaboration in combating scams and enhancing training as efforts are made to expand an international law enforcement coalition. Commissioner of Police Joe Chow Yat-ming told the Post on Friday that the four meetings…

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