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KUALA LUMPUR: The FBM KLCI returned to the 1,600-point mark on Tuesday on mild profit-taking following the recent advance on the stock market.
US government funding in artificial intelligence has fallen short and the country needs to invest in research, train an AI-ready workforce and apply the technology to national security missions, a government-commissioned panel led by Google's former CEO said in an interim report on Monday.
SYDNEY: Australia kept interest rates unchanged Tuesday, betting that a rebound in property prices will increase household wealth and confidence and see consumers more willing to part with their cash.
HONG KONG (Reuters) - The Chinese Communist Party said on Tuesday it would "perfect" the system for choosing the leader of Hong Kong after months of anti-government protests, as police in the ex-British colony fired water cannon to break up a Guy Fawkes-themed march.
Former central bank chief Zhou warns that AI will likely increase income inequality and China should prepare
Zhou’s comments come amid growing rivalry between China and the United States over global AI supremacy. Former PBOC governor says policies should be put in place to guide AI development – specifically what the technology can and cannot do – along with tax policies.
KUALA LUMPUR: The ringgit opened marginally lower against the greenback amid growing optimism that the US and China are closer to a truce in their trade dispute.
Waymo wants to deploy a robotaxi service for the general public in parts of California as soon as possible. But that's unlikely, the company says, because California says it has to offer the service for free.
US brands may see a broad boycott at the world’s biggest shopping event this year as tensions between the US and China over everything from tariffs to technological dominance simmer.
KUALA LUMPUR: AmInvestment Research is maintaining its Neutral view on the property sector as it does not anticipate earnings surprises in the short to medium term.