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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

Europe’s AI Data Centre Boom Strengthens Case for Nuclear Power

Europes rapid expansion of AI data centres could increase demand for new nuclear power capacity as technology companies seek reliable, low-carbon electricity, according to J.P. Morgan analysts. European data centre...

South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom

South Koreas excess tax revenue could surpass 50 trillion won ($37 billion) in 2026 as a stronger-than-expected semiconductor cycle boosts corporate earnings and government receipts, Bloomberg reported, citing calculations...

US Stocks Face Jobs, Inflation Test as Fed Rate Hike Bets Rise

U.S. stocks face a crucial test in the coming week as investors await employment and inflation data that could shape expectations for the Federal Reserves next interest rate move. Major indexes remained near record highs...

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

Politics

Iran Holds Firm on Hormuz Reopening Terms Despite Trump Rejection

Iran has refused to ease its conditions for reopening the Strait of Hormuz, saying it is still waiting for a formal U.S. response through mediators despite President Donald Trumps statement that he rejected Tehrans...

Republicans Flood Safe House Races With Cash as Midterm Risks Rise

Republicans are directing fresh campaign money into dozens of U.S. House races once considered safe as internal polling raises concerns about the partys position ahead of the November 3 midterm elections. Since September...

China Says U.S. Shares Responsibility for AI Governance

China and the United States share both the ability and responsibility to guide the development of artificial intelligence, according to commentary published by a social media account linked to Chinese state broadcaster...

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...
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