PRESS AI WORLD

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.

ECONOMY

Coleman Wong's Journey Mirrors Hong Kong Tennis' Challenges and Hopes

Tuesday, Dec 31

Coleman Wong's mixed 2024 season reflects the growth and challenges facing Hong Kong tennis, with notable events and standout performances highlighted.

ECONOMY

India's Current Account Deficit Expected at 1% of GDP for FY2025, Says CRISIL

Tuesday, Dec 31

CRISIL projects India's current account deficit to stabilize at 1% of GDP for FY2025, influenced by strong financial inflows and trade dynamics.

ECONOMY

BSE Sensex Declines Over 350 Points; Nifty50 Drops Below 23,600 on Final Trading Day of 2024

Tuesday, Dec 31

Indian equity markets falter on December 31, 2024, with BSE Sensex and Nifty50 slipping significantly amid bearish trends and global market pullbacks.