Representative Image (AP Photo/Ahn Young-joon) China is poised to unleash a wave of artificial intelligence innovation, with over 100 breakthroughs akin to DeepSeek expected in the next 18 months, according to Zhu Min, former deputy governor of the People’s Bank of China. Speaking at the World Economic Forum’s annual meeting in Tianjin, Zhu said these…
US Fed Policy: The US Federal Reserve is all set to announce its monetary policy decision on March 19, after a two-day review meeting to deliberate on the central bank’s benchmark interest rate and the state of the US economy. This is the second policy verdict by US Fed Chair Jerome Powell-led Federal Open Market…
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Thursday, following gains in global markets. Asian markets gained, while the US stock market ended mostly higher overnight, led by a rally in technology stocks and cooler inflation data. On Wednesday, the Indian stock market indices ended…
Last Updated:March 12, 2025, 08:30 IST Trump’s tariffs, including reciprocal tariffs worldwide and a more intense trade war with Mexico, Canada, and China, are a pivotal factor for rekindling fears of a recession It is expected that higher tariffs and a trade war would lead to higher inflation in the US. (AP Photo) The Wall…
The US economy gained 254,000 jobs in September. 5 min read Last Updated : Oct 10 2024 | 9:39 PM IST The US dollar edged lower against the yen on Thursday after data showed signs of labor market weakness and a higher-than-expected rise in US inflation in September even though prices were on a…