AI’s 2026 dark horse will be open-standard chips
17 December 2025, 18:00 PM
Business
Global coal demand expected to hit record in 2025: IEA
17 December 2025, 18:00 PM
Business
Bangladesh Bank buys another $67m from 7 banks
17 December 2025, 13:35 PM
Business
US unemployment rises further, hovering at highest since 2021
17 December 2025, 07:35 AM
Business
Bank of Japan expected to hike rates to 30-year high
16 December 2025, 18:00 PM
Business
Global coal exports post rare decline in 2025 on China cuts
16 December 2025, 17:46 PM
Business
Will OpenAI be the next tech giant or next Netscape?
16 December 2025, 17:45 PM
Business
Gold edges down as investors turn cautious
16 December 2025, 07:14 AM
Business
Wild currency swings put emerging markets in the spotlight
15 December 2025, 18:03 PM
Business
Gold rises on softer dollar, yields as markets eye US jobs data
15 December 2025, 07:15 AM
Business
Big Tech’s AI spending rattles markets
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs.
8 February 2025, 18:00 PM
Apple profit climbs but sales miss expectations
Apple on Thursday reported its revenue was a whopping $124.3 billion in the year-end holiday quarter, but sales growth fell shy of market expectations as the iPhone faces stiff competition, particularly in China.
1 February 2025, 18:00 PM
OpenAI seeking $40b in new fundraising round
OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
1 February 2025, 18:00 PM
SoftBank eyes $15-25b investment in OpenAI
Japan’s SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker’s biggest financial backer, the Financial Times reported on Thursday.
30 January 2025, 18:00 PM
Meta posts big profit, aims to take AI lead
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.
30 January 2025, 18:00 PM
UK car sector fears for Trump tariffs as output falls
Britain’s vehicle production slid below one million units last year as the sector transitions to electric cars, an industry body said Thursday as it warned over US President Donald Trump’s tariff threats.
30 January 2025, 18:00 PM
Rupee weakens
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers’ month-end payments, while a decline in the cost of hedging against the currency’s decline added to the persistent headwinds troubling the currency.
29 January 2025, 18:00 PM
Alibaba releases AI model it says surpasses DeepSeek
Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.
29 January 2025, 18:00 PM
Trump warns of ‘wake-up call’ as low-cost Chinese AI jolts sector
Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley.
28 January 2025, 18:00 PM
DeepSeek offers no new answers to China’s AI bind
DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, except perhaps in China. The startup’s impressive low-cost model showcases the country’s innovation prowess.
28 January 2025, 18:00 PM
Nvidia loses nearly $600 billion in value as DeepSeek jolts tech shares
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
28 January 2025, 04:42 AM
Weak yuan, Trump tariff threats confound Beijing’s economic puzzle
Higher US tariffs under President Donald Trump could accelerate a slump in the value of China’s currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.
27 January 2025, 18:00 PM
Vietnam set to become regional manufacturing tech hub this year
Việt Nam has the potential to become a manufacturing hub in the region this year, especially in fields involving technology, as global companies have expressed interest in expanding operations in the country.
26 January 2025, 18:00 PM
How China can keep pace in the global AI race
In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling US sanctions.
26 January 2025, 18:00 PM
Trade wars sparked by Trump tariffs would be ‘catastrophic’, WTO chief says
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by US President Donald Trump’s tariff threats would have catastrophic consequences for global growth, urging states to refrain from retaliation.
25 January 2025, 18:00 PM
Trump tells elites: produce in US or pay tariffs
US President Donald Trump issued a blunt warning to global elites in a video appearance at the World Economic Forum in Davos on Thursday: Make your products in the United States or pay tariffs.
25 January 2025, 18:00 PM
Sri Lanka’s inflation dropped to minus 2% in December
Sri Lanka’s consumer price inflation dropped to minus 2 percent year-on-year in December after easing to minus 1.7 percent in November, official data showed on Tuesday, as the country posted a strong rebound from its worst financial crisis in decades.
22 January 2025, 18:00 PM
US pulls out of global corporate tax deal
US President Donald Trump’s decision to withdraw from a global minimum tax agreement on his first day in office has unnerved EU officials, who expressed “regret” over the move.
22 January 2025, 18:00 PM
Trump touts $500b AI project
President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence led by Japanese giant Softbank, cloud giant Oracle and ChatGPT-maker OpenAI.
22 January 2025, 18:00 PM
As Trump takes aim at EVs, how far will rollback go?
As part of his flurry of first-day actions, US President Donald Trump took aim at electric vehicles, a cornerstone of the Biden administration’s climate change agenda.
22 January 2025, 18:00 PM