The US Dollar Index (DXY) stages a modest comeback on Monday as stronger-than-expected US manufacturing Purchasing Managers Index (PMI) data and uncertainty over US-Iran talks help the Greenback stabilize following last week’s sell-off, triggered by joint intervention from Washington and Tokyo to support the Japanese Yen (JPY).At the time of…
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DBS Group Research economist Ma Tieying notes Taiwan’s 2Q GDP growth slowed to 12.9% year-on-year from 14.5% in 1Q, but remained solid on a quarterly basis. The report highlights narrowing divergence between exports and domestic demand, upside risks to 2026–2027 growth forecasts, expectations for a central bank rate hike, and ongoing pressures in Taiwan’s equities, currency and bond markets.GDP, rates and market pressures”According to the preliminary estimate, GDP growth slowed to 12.9% yoy in 2Q,…
Sam’s Club wants to become the place where premium local brands go national.The wholesale clubs…
NZD/USD trades around 0.5870 on Monday at the time of writing, down 0.11% on the…
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We need compulsory disclosures for AI cyberattacks, says the CEO of Hugging Face.In an interview with CBS aired on Sunday, Clem Delangue said that preventing releases of powerful AI models is not the way to stop attacks like the OpenAI hack on Hugging Face.”These problems happened on unreleased models. So…
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Myspace could soon make a comeback after nearly two decades on the decline, as its owners seek a fresh start to compete with the current social media giants. The owners of the once-popular social media platform, brothers Tim and Chris Vanderhook, announced plans to relaunch MySpace with a new vision.The…
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Ukraine is giving its missing troops a bonus for rejoining the war: The chance to choose their new area of deployment, commander, and job.Kyiv’s defense ministry said on Friday that it would allow troops who are absent without leave, or AWOL, to choose from over 70 units across its three…
