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Chinese economy revival will be a difficult assignment for Xi’s successor as premier

To resuscitate an economy decimated by COVID-19, China's next premier, who may well take the office in March, won't have many choices but to...

Dollar declines against the yen, and BOJ action is likely this weekend

On Friday, the U.S. dollar plunged against the yen, recording its worst daily loss against the Japanese yen in over two months as investors...

Wall St rises as optimistic corporate expectations increase interest

The major Wall Street indexes increased on Thursday as positive earnings and projections from IBM, AT&T, and Dow Inc restored the markets' optimism after...

Majority of Asian shares continue to rise as investors anticipate UK inflation report

While traders anticipated British inflation numbers later in the day for cues on how aggressive central banks must be to fight inflation, Asian markets...

Wall Street steps back; Fed minutes, PPI close a turbulent day

After the minutes from the most recent Federal Reserve meeting revealed that policymakers believed they needed to retain a more stringent policy stance, U.S....

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AI Investments and Consumer Spending Expected to Drive US Economic Growth in Third Quarter

The US economy is expected to have expanded at...

China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

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