Sony backs maker of tiny Raspberry Pi computers with fresh funding, access to A.I. chips
Raspberry Pi has received fresh investment from Sony’s semiconductor unit in a deal aimed at advancing its efforts in artificial intelligence.
Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns
The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now subsided, according to IIF CEO Tim Adams.
‘Entering the clean power era’: Wind and solar generated a record amount of global power in 2022
“We are entering the clean power era,” said Małgorzata Wiatros-Motyka, senior electricity analyst at Ember.
Harita Nickel, Indonesia’s biggest IPO this year, debuts higher
The IPO comes at a time when nickel-rich Indonesia steps up efforts to become a major player in the electric vehicle industry.
South Korea to conduct first launch of commercial-grade satellite
The Science Ministry said the rocket will blast off from the country’s space launch center on a southern island on May 24.
From hotpot to bubble tea, BofA says China may be seeing signs of consumption recovery
Signs of recovery may be emerging from China’s luxury and consumer discretionary goods sectors, said an analyst from Bank of America.
France’s Macron made ‘alarm bells go off’ with Taiwan comments
Chinese President Xi Jinping is probably “pretty happy” that France’s president seems to believe that China-Taiwan tensions are a separate issue from the Russia-Ukraine war. CNBC’s Ted Kemp reports.
As summer heat looms, Japan urged to curb impact, emissions
The nation is scrambling to protect communities from warming and has pledged to slash emissions, but in the short term the worsening weather remains a threat.
Lunar startup ispace’s shares untraded in Tokyo debut amid glut of buy orders
The IPO price of 254 yen was the top of its indicated range of 234-254 yen. It sold 26.5 million shares in the increased IPO.
Wall Street is wrong: Former Pimco chief economist Paul McCulley predicts rate hikes will end next month
Pimco’s former chief economist Paul McCulley makes a contrarian call on Fed policy.
