PRESS AI WORLD

ECONOMY

Upcoming Price Increases for Cars and SUVs: Maruti, Audi, Mercedes, and Others

Tuesday, Dec 31

Several automakers, including Maruti and Audi, are increasing car prices starting January 1, 2025, due to rising costs and market conditions.

ECONOMY

China's Xi projects 5% GDP growth for 2024, promises proactive economic measures for 2025

Tuesday, Dec 31

Xi Jinping forecasts a 5% GDP growth for 2024 and emphasizes proactive measures for economic stability in the upcoming year.

ECONOMY

Unimech Aerospace sees 90% surge on stock market debut, valued at Rs 6,956.20 crore

Tuesday, Dec 31

Unimech Aerospace shares jump 90% on debut, reaching a market capitalisation of Rs 6,956.20 crore after an oversubscribed IPO.

ECONOMY

Waaree Renewable Technologies secures 2 GW solar project in Bikaner

Tuesday, Dec 31

Waaree Renewable Technologies has been awarded a 2 GW solar project in Bikaner, enhancing India's renewable energy capabilities.

ECONOMY

Cambricon’s Stock Skyrockets 383% as China Advances AI Self-Sufficiency

Tuesday, Dec 31

Cambricon’s stock price surges 383% driven by China’s push for AI self-sufficiency, outperforming global competitors.

ECONOMY

Success of female artists halts a 20-year decline in UK physical music sales

Tuesday, Dec 31

UK physical music sales rise for the first time in 20 years, driven by female artists despite looming AI copyright challenges.

ECONOMY

Can Europe's surge of affordable EVs rescue carmakers facing challenges?

Tuesday, Dec 31

Europe sees a rise in affordable electric cars, crucial for local carmakers facing strict emissions targets.

ECONOMY

WeDoctor Resumes Hong Kong IPO Strategy Backed by Tencent

Tuesday, Dec 31

WeDoctor, an online healthcare platform, has revived its Hong Kong IPO plans, targeting to raise up to $500 million amid a growing AI healthcare market.

ECONOMY

Hong Kong IPO Market Rebounds with Promising Growth for Bankers in 2025

Tuesday, Dec 31

Hong Kong's IPO market is on the rise, with expectations for continued growth in 2025 as investment bankers see increased activity and support.

ECONOMY

RBI notes rising household debt in India remains low compared to emerging markets

Tuesday, Dec 31

RBI reports show India's household debt is growing yet remains low compared to emerging markets, indicating positive borrowing trends among creditworthy individuals.