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Increasing Demand From AI Is Driving Malaysia To Become A Power House For Data Centres

As demand for cloud computing and artificial intelligence soars, Malaysia is becoming a data centre powerhouse in Southeast Asia and throughout the continent.   The nation has seen billion-dollar data centre investments over the last few years, notably from major IT companies like Microsoft,...

Research Report Claims Viewers All Across The World Are Wary Of Newsrooms That Are Using More Of AI

A study by the Reuters Institute for the Study of Journalism revealed that worries about the use of artificial intelligence (AI) in news creation and disinformation are spreading throughout the world, which will make it harder for newsrooms that are already having trouble connecting with viewers....

Huge Withdrawals From Global Equities Funds Were Seen In Advance Of The Fed Meeting

In the seven days leading up to June 12, there were significant withdrawals from global equities funds as investors withdrew capital cautiously in anticipation of a crucial U.S. inflation data and a Federal Reserve policy decision that might impact the short-term outlook for interest rates.  ...

China's Inflation Is Stable, Keeping The Demand For Further Stimulus High

While production price drops abated in May, China's consumer inflation remained stable. However, the underlying pattern indicates Beijing would need to take further action to support weak domestic demand and an uneven economic rebound.   Despite many rounds of support measures, weak demand...

US Consumer Prices Were Unchanged In May, Against Forecasts Of A Little Increase

With lower petrol, U.S. consumer prices unexpectedly remained steady in May. However, given the continued strength of the labour market, inflation is probably still too high for the Federal Reserve to begin reducing interest rates until September.   The Labour Department's Bureau of Labour...

Global Regulations Are Required To Promote Asset Trade On Blockchain - Says Research Paper

According to a paper released earlier this week, trading stocks and bonds on blockchains at scale will remain a pipe dream until a worldwide standard for cross-border activity is adopted that allows assets to flow effortlessly between blockchains.   The underlying assets, or so-called...

Why Is The Stock Of GME Rising? An Explanation Of The Meme Stock Rise

Retail investors' attention has once again been drawn to GameStop and AMC Entertainment, evoking memories of "the meme stock frenzy" that engulfed Wall Street three years prior, as a result of social media posts made by "Roaring Kitty," the main figure behind that surge.   What you should...

China Claims It Never Employs The WTO-Banned EV Subsidies

China never uses the World Trade Organization-prohibited subsidies for electric vehicles, according to a spokesman for the country's foreign ministry on Thursday.   Many fear that the surge of low-cost electric cars (EVs) coming from Chinese businesses could hurt large U.S. automakers, some...

Global Airline Executives Will Handle Climatic And Geopolitical Issues

At an annual meeting next week, global airline executives will face a number of issues due to geopolitical concerns, aircraft shortages, and aggressive environmental standards. Softening prices further compound the carriers' precarious situation.   The world's biggest international hub,...

Forecasts For Weight-Loss Drugs Increase To $150 Billion As Supply Increases

Some analysts have raised the yearly worldwide sales projections for the therapies to around $150 billion by the early 2030s due to factors such as likely expanded usage, an expanding number of potential competitors, and the millions of people seeking access to weight-loss medications from Novo...

Brazil Has Surpassed Belgium As China's Top Export Destination For EVs And Hybrids

Industry data revealed that, in the wake of the European Union's anti-subsidy investigation into Chinese electric vehicles, Brazil has surpassed Belgium as the country's top export destination for Chinese new energy vehicles.   According to data from the China Passenger Car Association...

It's Unlikely That The Fed Will Lower Interest Rates This Summer

It is unlikely that the Federal Reserve would lower interest rates throughout the summer, therefore investors will probably have to endure a sweaty summer.   A slew of better-than-expected economic statistics and new policymaker rhetoric indicate away from any policy relaxation in the near...
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