Japan Economic Plans Spark Global Market Jitters
Japan tax and spending promises ahead of snap elections next month have unsettled investors, triggering sharp swings in the yen and government bonds and reviving concerns about the sustainability of…
Palestinian Faces Sharp Economic Slowdown as Fiscal Crisis Escalates
The Palestinian economy has been sliding into a sharp slowdown, influenced by extended conflict impacts in Gaza and tighter trade and mobility barriers in the West Bank. Movement restrictions, limited…
Nvidia to License Groq Tech, Recruit Key Executives
Nvidia has secured a licensing agreement to use AI chip acceleration technology developed by hardware startup Groq, while also recruiting the company’s CEO and key executives, Groq confirmed on Wednesday.…
US Economy Shows Faster Growth in the Third Quarter
The US economy expanded more strongly than anticipated in the third quarter, supported by solid consumer spending, though signs are emerging that growth has since lost momentum as living costs…
Exclusive: Nvidia Plans H200 Chip Shipments to China by Mid-February
Nvidia has informed several Chinese clients that it is aiming to start shipping its H200 artificial intelligence chips to China ahead of the Lunar New Year holiday in mid-February, according…
TikTok Owner Signs Agreement to Prevent US Ban
TikTok Chinese parent company ByteDance has signed binding agreements with a group of US and global investors to continue operating the platform in the United States, according to a message…
Bank of England Lowers Rates but Warns on Further Cuts
The Bank of England (BoE) lowered its key interest rate on Thursday following a closely split vote, while warning that future rate cuts could proceed more slowly amid persistent inflation…
Can India Catch Up in the Global Semiconductor Race?
In October, a small electronics manufacturer based in Gujarat shipped its first batch of chip modules to a customer in California, marking a modest but symbolic step for India’s semiconductor…
Exclusive: Inside China Push to Rival the West in AI Chip Technology
Inside a heavily guarded laboratory in Shenzhen, China scientists have developed a prototype machine capable of producing the advanced semiconductor chips that power artificial intelligence, smartphones, and modern weapons systems,…
Warner Bros. Discovery Board Turns Down Paramount Bid
Warner Bros. Discovery (WBD) has rejected a $108.4 billion hostile takeover bid from Paramount Skydance, saying the proposal lacked solid financing assurances and carried major risks for shareholders. In a…