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Business

Fourth Paradigm: Leading Chinese AI Firm Raises $280 Million in Hong Kong IPO

Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched on Monday. Beijing Fo...

Business

CoinEx Seeks Negotiation with Hackers After Data Breach

Global cryptocurrency exchange CoinEx, which recently suffered a data breach, has asked hackers to negotiate with the company while also promising a generous bounty reward if they ...

Business

Pakistan's Inflation Rate Drops to 23.1% in February, Offering Hope for Economic Stability

Pakistan's consumer price index rose 23.1% in February from the same month last year, marking the slowest annual inflation rate since June 2022. The country has been struggling wit...

Business

Oil Prices Stabilize Near $90 Amid Supply Scarcity and Investor Caution

Oil prices have stabilized near $90 as supply scarcity and investor caution create a balancing act in the market. Despite physical crude cargoes commanding hefty premiums and promp...

Business

Vietnam Seeks Trade Deal with Mercosur: A Boost for Brazilian President Lula's Global Vision

Brazilian President Luiz Inacio Lula da Silva announced Vietnam's interest in a trade deal with the Mercosur bloc. This move comes as Mercosur seeks to finalize a trade deal with t...

Business

Amazon Unveils AI Supercomputer with Apple as New Customer

Amazon's cloud unit has unveiled new data center servers packed with its own AI chips, challenging Nvidia's dominance in the AI chip market. Apple has come aboard as a customer to ...

Business

Meta Ventures into Nuclear Power: Seeking Developers for AI and Environmental Goals

Meta announced its plan to seek proposals from nuclear power developers to meet its AI and environmental goals, aiming to add 1 to 4 gigawatts of new U.S. nuclear generation capaci...

Business

Apple and Google Join Forces to Defend Search Deal Against Regulatory Scrutiny

Apple Inc. and Alphabet Inc.'s Google have agreed to 'support and defend' their lucrative search engine deal against government scrutiny, according to Apple's Senior Vice President...