East Asia’s growth is faster than the rest of the world but China headwinds weigh, World Bank says
Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024, the World Bank says.
Turkey’s opposition stuns in sweeping local elections victory over Erdogan’s party
“We will correct our mistakes and redress our shortcomings,” President Erdogan said in a speech Sunday night, acknowledging his party’s significant defeat.
Part scary, part exciting: How artists are using AI in their work
AI — and generative AI — can create images from written prompts, with wide implications for the art world.
F1’s net-zero pledges are colliding with its ambitions to go truly global
To any reasonable observer, Formula One’s plan to increase the number of races in its calendar from 24 to as many as 30 seem at odds with the sport’s pledge to be net zero by 2030.
Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
Dozens of firms are working on electric vertical take-off and landing (eVTOL) vehicles, popularly called flying cars, hoping they will take flight this decade.
Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations
Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset.
Caixin survey shows China’s March factory activity at its most robust in 13 months
The Caixin China manufacturing purchasing managers’ index was 51.1 in March — its strongest since February 2023.
Japan’s finance minister says ‘speculative’ moves in currency market impacting yen
Japanese Finance Minister warned against speculative currency market moves not reflecting economic fundamentals, repeating concerns over excessive yen declines.
China stocks rise after factory activity data; Japan’s Nikkei 225 closes below 40,000
China released its official PMI figures over the weekend, while Japan released its Tankan survey, which gauges business sentiment in the country.
AI is power-intensive. Top Morgan Stanley portfolio manager says that’s an opportunity for one stock
Artificial intelligence is very power-intensive — and its power needs are only set to rise in the coming years, going by current estimates.
