China’s SenseTime reshapes to focus on generative AI growth
BEIJING (Reuters) – Loss-making Chinese AI company SenseTime Group said on Tuesday it has completed a major organizational restructuring aimed...
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Economy
China’s services activity expansion eases in Nov, Caixin PMI shows
BEIJING (Reuters) – China’s services activity expanded at a slower pace in November, pressured by easing new business growth, including...
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Dollar holds ground as Fed path pondered; won stable after martial law lifted
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar recovered from a three-week low versus the yen on Wednesday and...
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Tariffs likely to delay return to 2% inflation in 2025, Goldman Sachs says
Investing.com– Goldman Sachs expects increased U.S. trade tariffs under a Trump presidency, especially against China, to delay inflation from reaching...
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Australia’s Q3 GDP growth disappoints hopes for a rebound
SYDNEY (Reuters) -Australia’s economy grew at the slowest annual pace since the pandemic in the third quarter, disappointing hopes for...
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Euro to stay weak, but avoid parity to USD for now: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A retreating euro will remain weak in the near term, trapped between political ructions...
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US House Speaker Johnson aims for stopgap bill to fund government until March
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Mike Johnson said on Tuesday that he expects the chamber to...
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Moody’s affirms South Africa’s Ba2 rating amid economic challenges and political change
(Reuters) – Credit ratings agency Moody’s (NYSE:MCO) affirmed South Africa’s Ba2 rating on Tuesday, highlighting the country’s robust financial sector...
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