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NEW YORK: Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing starts to levels last seen in 2006, while the greenback rose to a one-week high against the euro on expectations of solid economic growth.
Factories in second or lesser tier cities have already embraced automation and artificial intelligence, which is a scary warning to Malaysia and the rest of the world of what can be expected in the years ahead.
SHANGHAI’s Songjiang district vice-head Gao Yiyi says the central bank of China People Bank of China (PBoC) has spoken to about 10 commercial banks to bankroll the push for small and medium-sized enterprises (SMEs) to embrace digital and artificial intelligence (A1).
BEIJING: In a letter read out during Wednesday’s trade deal signing at the White House, Chinese leader Xi Jinping asked US President Donald Trump to take steps to "enhance mutual trust and cooperation between us.” But the fact is, that is anything but easy.
BANGKOK: The trade agreement signed by President Donald Trump and Beijing's lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018. For Thailand, that's meant some fallout from reduced demand for certain products but increased exports of other items.
HONG KONG: Asian equities rose Friday (Jan 17) as investors, still buoyed by the China-US trade deal, turned their focus to earnings season and the global outlook, while they were also cheered by data indicating China's economy appears to be stabilising.
HONG KONG (AFP): Asian equities mostly rose Friday as investors, still buoyed by the China-US trade deal, turned their focus on earnings season and the global outlook, while they were also cheered by data indicating China's economy appears to be stabilising.
BEIJING: China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.