Recession fears raise concerns on shaky Kospi
As South Korea’s Kospi tumbled to a new intraday low in 26 months, analysts think the choppy local market is here to stay until price increases slow down significantly.
As South Korea’s Kospi tumbled to a new intraday low in 26 months, analysts think the choppy local market is here to stay until price increases slow down significantly.
With the internationalisation of the renminbi, Hong Kong will play an even bigger role as an offshore renminbi business hub, Paul Chan Mo-po said.
AI is one of the three leading industries, along with integrated circuits and biomedicine, that Shanghai is striving to develop.
Across the world, countries have been overhauling their immigration programmes and offering a range of incentives to would-be migrants.
Despite the fall in the latest ranking, the city increased its score from the previous ranking by 10 points to 725 points, just one point lower than Singapore.
A report from US search giant Google said that the downloads of apps by Chinese developers nearly doubled over the past decade.
The government will use the financial support for projects that integrate artificial intelligence and big data into developing diagnosis of diseases like dementia.
The Paris-based organisation also expected South Korea's exports and private consumption would post slower-than-expected growth in 2023.
Global antitrust cases against Google have plagued the company in the past few years, with the most recent happening in the European Union.
An official said the government had declared the CNY as convertible currency in March 2014, but many banks are still not using the currency for foreign trades.