As sales of the Chinese liquor baijiu slow down at home, its producers are reformulating the spicy grain liquid to appeal to a larger clientele, including cocktail enthusiasts in New York, Los Angeles, and London.   Even while sales of baijiu are still growing in China, leading producers,...

The first round of enterprises to get cash from NATO's one billion euro ($1.1 billion) innovation fund has been recognised by a coalition of the group's members.   Months after Russia invaded Ukraine, in the summer of 2022, the alliance revealed the fund and pledged to invest in...

As demand for cloud computing and artificial intelligence soars, Malaysia is becoming a data centre powerhouse in Southeast Asia and throughout the continent.   The nation has seen billion-dollar data centre investments over the last few years, notably from major IT companies like Microsoft,...

A study by the Reuters Institute for the Study of Journalism revealed that worries about the use of artificial intelligence (AI) in news creation and disinformation are spreading throughout the world, which will make it harder for newsrooms that are already having trouble connecting with viewers....

In the seven days leading up to June 12, there were significant withdrawals from global equities funds as investors withdrew capital cautiously in anticipation of a crucial U.S. inflation data and a Federal Reserve policy decision that might impact the short-term outlook for interest rates.  ...

While production price drops abated in May, China's consumer inflation remained stable. However, the underlying pattern indicates Beijing would need to take further action to support weak domestic demand and an uneven economic rebound.   Despite many rounds of support measures, weak demand...

With lower petrol, U.S. consumer prices unexpectedly remained steady in May. However, given the continued strength of the labour market, inflation is probably still too high for the Federal Reserve to begin reducing interest rates until September.   The Labour Department's Bureau of Labour...

According to a paper released earlier this week, trading stocks and bonds on blockchains at scale will remain a pipe dream until a worldwide standard for cross-border activity is adopted that allows assets to flow effortlessly between blockchains.   The underlying assets, or so-called...

Retail investors' attention has once again been drawn to GameStop and AMC Entertainment, evoking memories of "the meme stock frenzy" that engulfed Wall Street three years prior, as a result of social media posts made by "Roaring Kitty," the main figure behind that surge.   What you should...

China never uses the World Trade Organization-prohibited subsidies for electric vehicles, according to a spokesman for the country's foreign ministry on Thursday.   Many fear that the surge of low-cost electric cars (EVs) coming from Chinese businesses could hurt large U.S. automakers, some...

At an annual meeting next week, global airline executives will face a number of issues due to geopolitical concerns, aircraft shortages, and aggressive environmental standards. Softening prices further compound the carriers' precarious situation.   The world's biggest international hub,...