Developing nations expect AI productivity boost soon, UN finds
The UN findings coincide with a surge of spending on AI in developed nations, led by hundreds of billions of
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Bloomberg
16:19
India bans imports from Pakistan as tensions simmer
India bans all imports from Pakistan amid escalating tensions following a deadly terror attack, citing national security concerns.
Bloomberg
14:19
Trump tariff fallout: Asia’s manufacturing activity declines amid weakening demand
Manufacturing in Asia contracts due to weaker demand and US tariffs, impacting major economies like South Korea and Taiwan.
Bloomberg
20:19
Tesla sales plunge 59% in April
Tesla started delivering its redesigned Model Y sport utility vehicle to European customers in early March.
Bloomberg
14:23
China says it’s evaluating U.S. talks, hinting at possible thaw
China's Commerce Ministry noted senior U.S. officials have repeated expressed willingness to talk to Beijing about tariffs in a statement
Bloomberg
20:24
IMF says Asian central banks can cut rates to tackle trade war impact
Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, noted inflation is within or below target ranges, allowing for
Bloomberg
23:19
AI drives efficiency gains at Indian IT giants as hiring slows
Indian IT outsourcing companies leverage AI to boost efficiency, reduce workforce, and drive revenue growth in a competitive market.
Bloomberg
13:31
UBS drops long-held bearish view on India, downgrades Hong Kong
UBS’ upgrading of Indian stocks comes as global investors refocus on Indian assets as a relative safe haven in the
Bloomberg
13:19
India’s infra lender NaBFID plans $2 billion foray into offshore debt
The state-owned infrastructure lender plans to raise at least $250 million through an external commercial borrowing loan with a tenor
Bloomberg
13:19
Databricks to boost hiring in India by 50%, invest over $250 million to accelerate AI boom
Databricks to also launch an AI and data academy in India with the goal of training half a million partners
