Microsoft eyes relocation for China-based AI staff
Microsoft is relocating 700-800 China-based employees specializing in machine learning and cloud computing due to…
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US
US, EU split on strategy for Russia’s frozen assets
The US and European nations are at odds over the handling of Russia’s frozen assets, estimated at around $300…
China vows to retaliate as Biden raises tariffs
China vows to retaliate against US after Biden announces increased tariffs on $18 billion of Chinese imports,…
US markets on hold ahead of crucial inflation data
US markets are in a holding pattern as investors brace for this week's key inflation releases.
Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
Oil steady in early Tuesday trade
Oil prices were steady on early Tuesday ahead of the release of an OPEC+ market outlook, as traders awaited signals…
S. Korea, Alibaba platforms deal on product safety
South Korea's government has signed an agreement with Alibaba's AliExpress and PDD Holdings' Temu, focusing on…
US Kaiser Permanente to sell $3.5b in private equity
Kaiser Permanente, a leading US health care network, is selling a portion of its private equity holdings worth up…
Malaysia holds rates steady at 3.0% – BNM
Malaysia's central bank, Bank Negara Malaysia (BNM), kept its benchmark interest rate unchanged at 3.0 per cent.
US surpasses China as Germany’s top trader
The United States has surpassed China to become Germany's primary trading partner in the initial quarter of the…