Amid concerns raised by a social media user on X (formerly known as Twitter), that Chinese start-up DeepSeek is storing customer data, former union minister and...
DeepSeek has released a low-cost, open-source AI model that costs a fraction of OpenAI’s o1 and other large language models that are used to train AI,...
Chinese AI startup DeepSeek has challenged the dominance of top AI companies with its latest large language models, which offer similar performance to the latest offerings...
In the ever-evolving world of artificial intelligence, a new player has emerged that is sending shockwaves through Silicon Valley and beyond. DeepSeek, a Chinese startup founded...
A package of growth-supporting initiatives and statement form the Chinese leadership has been well received by equity markets as it raises hope of a growth rebound,...
Honor is reportedly gearing up to launch its new Magic 7 smartphone series, following the recent debut of the Honor Magic 6 lineup in China earlier...
Asian equities trades were mixed on Monday. Chinese stocks close sharply higher due to Beijing’s stimulus measures. Nikkei was down over 4.80% after Ishiba won the...
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) contracted to 49.3 in September after reporting 50.4 in August, the latest data showed on Monday. Meanwhile, the Chinese Caixin...
No one doubts that artificial intelligence (AI) will change the world. But a doctrinal dispute continues to rage over the design of AI models, namely whether...
NZD/USD drifts lower amid a modest USD uptick, though the downside seems limited. The optimism over additional stimulus from China should act as a tailwind for...
The People’s Bank of China (PBOC) cut the seven-day repo rate to 1.5% from 1.7% on Friday. Additionally, the Chinese central bank announced to cut the...
Caterpillar stock rises 3.5% on Thursday. China says it is prepared to strongly stimulate domestic economy. CAT reached an all-time high of $397.22 early in the...
Reuters reported on Thursday, citing two sources with knowledge of the matter, China is planning to issue special sovereign bonds worth about 2 trillion Yuan ($284.43...
USD/CAD attracts fresh sellers on Wednesday amid a modest USD downtick. Dovish Fed expectations, along with a positive risk tone, weigh on the buck. Sliding Oil...
China’s Politburo, the country’s top leadership, held a meeting on Thursday, with the key highlights noted below. Analysed current economic situation and work, plan for future...
The People’s Bank of China (PBOC) cut the one-year Medium-term Lending Facility (MLF) rate from 2.30% to 2.0% on Thursday. The one-year MLF was last cut...
AUD/USD pulls back after touching a fresh YTD peak, albeit the downside remains limited. The divergent RBA-Fed policy expectations act as a tailwind amid the upbeat...
Here is what you need to know on Tuesday, September 24: Risk flows seem to have returned in Tuesday’s trading, as investors cheer China’s stimulus announcement...
AUD/JPY attracts some follow-through buying on Tuesday and reacts little to the RBA decision. The RBA decided to leave its benchmark interest rates unchanged and stick...
Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century....