PRESS AI WORLD

ECONOMY

Oil Prices Rise in Holiday Trading as Investors Await Key Data from China and the US

Monday, Dec 30

Oil prices see a slight increase as traders look to upcoming economic data from China and the US for insight into global demand.

ECONOMY

Cambricon shares surge 383% amid China's push for AI self-sufficiency

Monday, Dec 30

Cambricon Technologies' stock skyrockets 383% in 2024, driven by China's AI self-sufficiency initiative and rising domestic tech support.

ECONOMY

Deloitte Forecasts 6.5-6.8% Growth for Indian Economy in FY25

Monday, Dec 30

Deloitte projects India's economy to expand by 6.5-6.8% in FY25, driven by consumption but tempered by election uncertainties and external factors.

ECONOMY

Hong Kong's rental yields projected to improve in 2025 due to influx of talent and lower borrowing costs

Monday, Dec 30

Analysts predict Hong Kong rental yields will improve in 2025, driven by talent influx and reduced borrowing costs amid a changing property landscape.

ECONOMY

South Korea's November Industrial Output Declines More Than Anticipated

Monday, Dec 30

South Korea's factory output in November dropped 0.7%, exceeding expectations amid slowing exports and low business confidence levels.

ECONOMY

Iconic San Francisco restaurant to reopen after nearly three years

Monday, Dec 30

The historic Seal Rock Inn restaurant in San Francisco reopens on January 2 after closing in 2020 due to a rent hike.

ECONOMY

Indian Liquor Makers Seek FSSAI Standards for Single Malt Whisky

Monday, Dec 30

Indian liquor companies are considering requesting separate FSSAI standards for single malt whisky to uphold its reputation and quality.

ECONOMY

Football Fans Celebrate Fun With Quirky Pop-Tart Mascots At Bowl Game

Monday, Dec 30

Fans enjoy playful antics with life-sized Pop-Tart mascots during the Pop-Tarts Bowl game between Iowa State and Miami.

ECONOMY

High attrition rate of 25% in private banks raises operational risks, warns RBI report

Monday, Dec 30

RBI's report highlights a 25% employee attrition rate in private banks, posing serious operational risks affecting customer service and institutional knowledge.