By Kevin Krolicki BEIJING (Reuters) – From the sharply political to the deeply personal, Chinese internet users have described questions asked of the DeepSeek artificial intelligence app, including what Beijing should do in response to U.S. President Donald Trump’s import tariffs. China’s launch of a ground-breaking AI service from DeepSeek came during the country’s biggest …
By Ariba Shahid KARACHI (Reuters) – Pakistan’s consumer inflation rate fell to its lowest in more than nine years, dropping to 2.4% year-on-year in January, the statistics bureau said on Monday. Inflation has cooled significantly, easing from 28.3% in January 2024. Consumer prices in January rose 0.2% from the month before, according to the Pakistan …
Pakistan Jan consumer inflation eases to 9-year low Read More »
BANGKOK (Reuters) – Thailand’s finance ministry wants to see a cut in interest rates this year to be align with economic fundamentals and will discuss monetary policy easing with the central bank, a deputy finance minister said on Monday. Paopoom Rojanasakul said the ministry would also discuss with the Bank of Thailand access to car …
Thai finance ministry wants to see rates cut this year Read More »
By Anton Bridge TOKYO (Reuters) -Mizuho Financial Group, Japan’s third-largest lender, booked a 28% increase in quarterly net profit that has meant its nine-month figures now exceed forecasts for full-year income. Japan’s banking sector is benefitting from higher interest rates as the country emerges from years of deflation. A jump in M&A activity and increased …
Japan’s Mizuho exceeds annual profit target with third-quarter earnings jump Read More »
HONG KONG (Reuters) – Hong Kong’s economy increased in the fourth quarter by 2.4% from a year earlier, official advance estimates showed on Monday, expanding for an eighth quarter. That was a slightly faster rate than the mean forecast of 2.3% year-on-year growth by eight economists in a Reuters poll. Hong Kong reported 1.9% economic …
Hong Kong Q4 GDP expands 2.4% y/y, slightly faster than forecast Read More »
JAKARTA (Reuters) – Indonesia’s annual inflation rate slowed to its lowest in 24 years to 0.76% in January, official data showed on Monday, down sharply from 1.57% in December and below the lower bound of the central bank’s target range for the year. According to the country’s statistics bureau, it was the lowest rate of …
Indonesia’s Jan inflation at 0.76% y/y, lowest since 2000 Read More »
By Supantha Mukherjee GOTHENBURG (Reuters) – Hemanth Mandapati, boss of German startup Novo AI, was an early adopter of DeepSeek chatbots when he switched to the Chinese AI model from OpenAI’s ChatGPT two weeks ago. “If you have built your application using OpenAI, you can easily migrate to the other ones … it took us …
DeepSeek gives Europe’s tech firms a chance to catch up in global AI race Read More »
DUBAI (Reuters) – Abu Dhabi’s TA’ZIZ said on Monday it has awarded a $1.7 billion contract to Samsung E&A to build the UAE’s first methanol plant, which is expected to produce 1.8 million tons of methanol every year upon completion in 2028. TA’ZIZ, a joint venture between Abu Dhabi state oil giant ADNOC and sovereign …
TA’ZIZ awards $1.7 billion contract to Samsung E&A for UAE’s first methanol plant Read More »
(Reuters) – China’s initial proposal to tariffs imposed by U.S. President Donald Trump’s administration will centre on restoring the “Phase 1” trade deal signed in 2020 during Trump’s first term, the Wall Street Journal reported, citing sources. Other parts of China’s plan will include a pledge to not devalue the yuan, an offer to make …
China to propose restoring 2020 ‘Phase 1’ trade deal with US, WSJ reports Read More »
TAIPEI (Reuters) -Taiwan will support companies that plan to relocate to the United States, including helping them find partners, the economy ministry said on Monday, outlining assistance it will offer after U.S. President Donald Trump’s new tariffs. Trump’s orders for additional levies of 25% on imports from Mexico and most goods from Canada, as well …
Taiwan to help companies relocate to US following Trump tariffs Read More »
