Finance News
North Korea scraps agencies managing relations with South

[ad_1] North Korean leader Kim Jong Un visits Korean People’s Army Air Force headquarters on the occasion of Aviation Day in North Korea, in this picture released by North Korea’s Korean Central News Agency (KCNA) on December 1, 2023. KCNA | Reuters North Korea has abolished key government organizations tasked with managing relations with South […]

Updated: Jan 15, 2024
Congressional leaders reach short-term spending deal to keep government open until March

[ad_1] People walk past the U.S. Capitol building with less than two weeks remaining for the U.S. Congress to negotiate a deal to avert a partial government shutdown in Washington, U.S., January 11, 2024.  Leah Millis | Reuters WASHINGTON — House and Senate leaders have reached an agreement on a short-term spending deal that would […]

Updated: Jan 13, 2024
China posts higher-than-expected exports growth in December

[ad_1] Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s exports rose more than expected in December, but failed to offset an overall decline for 2023, customs data showed Friday. Exports rose by 2.3% year on year in U.S. dollar terms last month, more than […]

Updated: Jan 12, 2024
China and cybercriminals are targeting American AI companies

[ad_1] American companies like Google, Microsoft, and OpenAI are currently driving the cutting edge of generative artificial intelligence development across the globe. However two of U.S.’s top national security leaders said that AI lead is under attack from foreign cybercriminals and nation-states like China. “Eighteen of the 20 most successful AI companies in the world […]

Updated: Jan 9, 2024
Congressional leaders reach $1.59 trillion deal on top-line spending, pave the way for deal to fund the government

[ad_1] A jogger runs by the U.S. Capitol as the deadline to avert a partial government shutdown approaches at the end of the day on Capitol Hill in Washington, U.S., September 30, 2023. Ken Cedeno | Reuters Congressional leaders announced a $1.59 trillion deal on top-line spending Sunday as the government races to avoid a potential shutdown. […]

Updated: Jan 7, 2024
North Korea fires 200 artillery shells near Yeonpyeong Island

[ad_1] A shelter for protecting residents from potential North Korean attacks stands on Yeonpyeong Island, South Korea, on Friday, June 26, 2020. On the sleepy island of Yeonpyeong, the threat of conflict is constant with North Korean coastal howitzers just 11 kilometers (7 miles) away and propaganda banners visible through binoculars. Bloomberg | Bloomberg | […]

Updated: Jan 5, 2024
Maersk pauses Red Sea sailings after Houthi attack on container ship

[ad_1] The methanol-fueled container vessel Laura Maersk sits at anchor in harbour after an official naming ceremony in Copenhagen, Denmark, September 14, 2023.  Tom Little | Reuters Iranian-backed Houthi militants attacked a Maersk container vessel, prompting the company to pause all sailing through the Red Sea for 48 hours, Maersk said on Sunday. The attack […]

Updated: Dec 31, 2023
Nvidia brings slower gaming chip version to China to bypass U.S. rules

[ad_1] Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters U.S. chipmaking giant Nvidia is set to launch an adjusted version of a gaming processor with slower performance in China to comply with […]

Updated: Dec 29, 2023
investors weigh 2024 interest rate outlook

[ad_1] U.S. Treasury yields were mixed on Wednesday, as investors considered the outlook for monetary policy and financial markets for the coming year. At 5:10 a.m. ET, the yield on the 10-year Treasury was down by over 1 basis points to 3.872%. The 2-year Treasury yield was flat at 4.293%. Yields and prices move in […]

Updated: Dec 27, 2023
China’s potential new gaming rules will hit smaller developers more

[ad_1] Mobile games in China range from League of Legends-like Honor of Kings to Source: Apple Inc. BEIJING — China’s proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS. Tencent, NetEase and Bilibili shares plunged to their lowest in more than a year […]

Updated: Dec 25, 2023