Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
Indonesia Considers Limits on LNG Exports in New Trade Curbs
Indonesia will consider new limits on exports of liquefied natural gas, a potential extension of trade curbs that’ve
2023-05-31 12:19
China Is Drilling a 10,000-Meter Deep Hole Into Earth’s Crust
Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth’s crust, as the world’s second
2023-05-31 11:46
North Korea Says Satellite Launch Failed, Will Try Again Soon
North Korea confirmed that its effort to launch a military spy satellite into orbit failed, and said it
2023-05-31 11:20
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:58
Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
2023-05-31 10:54
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:25
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:16
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
2023-05-31 09:45
South Korea Is Wagering Its Stock Market Fortunes on MSCI’s ‘Developed’ Status
For years, South Korea has been home to more global conglomerates than Hong Kong, boasted a higher purchasing
2023-05-31 07:22
Asian Shares Set to Fall as Congress Mulls Accord: Markets Wrap
Asian stocks are poised to slide Wednesday after momentum in US equities faded and Congress considered the debt
2023-05-31 06:48
Poorer Nations Snap Up Cheap LNG in Economic Boost
Countries from Asia to Latin America are snapping up natural gas cargoes as prices slump, helping replace more
2023-05-30 23:45