Commerzbank’s Dr. Henry Hao and Moses Lim note S&P Global Ratings affirmed Indonesia’s BBB sovereign rating with a stable outlook, citing fiscal discipline and adherence to the 3% deficit ceiling. Nonetheless, S&P views recent fiscal and external deterioration as temporary but flags higher bond yields and weaker Indonesian Rupiah (IDR)…
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Deutsche Bank strategists note that China’s latest trade figures significantly beat expectations, with both exports and imports accelerating in June. Strong global demand for AI-related and technology goods offset geopolitical pressures, widening China’s trade surplus well beyond consensus. This robust external performance contrasts with broader concerns over global growth and regional risk sentiment.AI-related exports boost surplus”Finally, China’s latest trade data surprised to the upside overnight, with both exports and imports growing significantly faster than expected…
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have…
While testifying on the Semiannual Monetary Policy Report before the US House Financial Services Committee,…
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Demis Hassabis has issued a stark warning: highly powerful AI may be close, and humanity needs to do more to prepare.In a short essay posted on X and Substack on Tuesday, the Google DeepMind CEO said there is a “precious window” to act before artificial general intelligence (AGI) arrives. AGI…
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Senator Lindsey Graham was a great American patriot. He was a freedom fighter. He was a throwback to an older Republican party that shunned isolationism and understood that America must never retreat from its friends, its allies, or the cause of freedom. He was a great friend of Israel at…
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If you’re an employer trying to reduce healthcare costs, Mark Cuban says your first port of call should be an AI chatbot.The billionaire entrepreneur says large language models like ChatGPT, Claude, and Gemini can analyze lengthy healthcare contracts and identify where companies are overpaying or being taken advantage of.”Run them…
