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CHINESE ASSETS
Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
- Italy's Domyn to launch open source frontier AI model within a yearThe Italian tech company Domyn plans to unveil an extensive, fully open-source AI model in less than a year, putting it on track to compete...
- How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
- India eyes chip investments at Pax Silica SummitIndia is actively seeking semiconductor investments and multilateral funding at the Pax Silica summit in Washington D.C. The nation aims to...
- China's 360 says it has developed tools to match Anthropic's MythosChina's 360 Security Technology has launched 'Yitian Tulong,' a direct competitor to American AI vulnerability detection systems like Anthr...
- China cybersecurity firm 360 Security Technology claims to have developed tools to match Anthropic's MythosAnthropic Mythos, previewed in April, is a system that detects software vulnerabilities, but cybersecurity experts have warned that it coul...
- Rs 1,100 crore a day nightmare: Why FIIs are ruthlessly selling bank stocksForeign investors are aggressively selling Indian bank stocks, offloading over ₹1,100 crore daily due to global economic pressures and port...
- After BrahMos, India may have found its next military bestsellerIndia’s defence export story, long centred on the BrahMos supersonic missile, may be expanding to include a new system gaining global atten...
- Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
- AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan SchiesslGlobal tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schie...
- Chinese proverb of the day: 'Scholars are their country's treasure, and the richest ornaments of a...' - inspiring life lessons on knowledge, leadership, national prosperity and why education builds strong societiesChinese proverb of the day: This proverb underscores that true national wealth lies not just in material possessions but in educated minds....
- US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
- Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. FreemanDespite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormu...
- Chinese Proverb of the Day: “If the wife is one year older, she brings… — Life lessons on perception, social expectations, judgement, experience and why age is just a numberChinese Proverb of the Day highlights the meaning of “If the wife is one year older, she brings a golden rooster.” The saying reflects a tr...
- 'Sharks' in Bay of Bengal: Pakistan tries to reopen a dormant frontPakistan's new submarines are expanding its naval reach. These vessels can stay submerged longer, allowing operations far from home. Pakist...
- Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
- Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
- India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
- Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
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