With Treasury yields climbing this week to their highest levels since 2007, companies reliant on debt are poised to see their borrowing costs rise. That means the AI infrastructure buildout, which has already reached historic levels, is about to get even more expensive.
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Crypto exchange Bitget suspects North Korean hackers may be behind a security breach that affected about $351.6 million in digital assets, citing preliminary evidence from an ongoing investigation.
BEIJING — China is embracing the idea of competition without confrontation, by invoking an academic concept.
Investors were rattled this week as the benchmark 10-year Treasury yield soared to its highest level since 2007, but sticky inflation is just one of the factors behind this latest surge.
Investors looking to boost their exposure to artificial intelligence should target China, according to Matthews Asia portfolio manager Andrew Mattock.
The 6th U.S. Circuit Court of Appeals ruled on Friday that states have a right to regulate sports-related event contracts on prediction market platforms, marking a second major legal defeat for the industry as a fight at the U.S. Supreme Court looms.
U.S. government officials, business leaders and their spouses dominated a list of more than 100 people who will attend a state dinner Thursday, according to a White House press release.
BEIJING — China has accused other G20 nations of "promoting protectionism," after they criticized economies that rely heavily on exports.
BEIJING — A popular new programmable personal robot from a French-American company is powered by a chip from Shanghai-listed Rockchip which in turn uses British company ARM's tech, reflecting how intertwined global tech supply chains remain.
Nepal's renowned adventure tourism industry faces a sobering reality check, according to local mountain tourist associations and hostel owners, following devastating flooding on Nepal's border with China.