Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth.
Archives for November 2019
China’s factory activity unexpectedly returns to growth in November
Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth.
Wall Street Weekahead: Investors expect international stocks to outperform U.S. in 2020
Even though the U.S. stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere for better values in the year ahead.
5 Must-Have IT Infrastructure Automation Tools
There’s no one tool that can do it all. But in the end, it is all about tools that provide maximum ROI within the given budget.
Japan October household spending seen falling after sales tax hike
Japan’s household spending is expected to have fallen at the fastest pace in about 1-1/2-years in October after a hike in the sales tax, a Reuters poll showed on Friday.
How data quality makes IoT projects more profitable
Global technology spending on the Internet of Things (IoT) is expected to reach $1.2 trillion (€1 trillion) in 2022, led by industries such as discrete manufacturing $119 billion (€108 billion), process manufacturing $78 billion (€70.8 billion), transportation $71 billion (€64.5 billion) and utilities $61 billion (€55.4 billion). Indeed, the market for Industry 4.0 products and […]
Government wants RBI to buy out stressed assets of shadow banks – source
India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country’s top 25 shadow lenders, a government source told reporters on Thursday.
Yen gains, yuan falls as Hong Kong tensions heighten risk aversion
The safe-haven yen rose and risk-sensitive currencies fell on Thursday after U.S. President Donald Trump’s formal endorsement of Hong Kong’s anti-government protesters, seen as potentially derailing recent Sino-U.S. progress on trade.
Asian shares sink as Hong Kong tensions spoil festive mood
Asian share markets fell on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economic data.
GPUs Continue to Dominate the AI Accelerator Market for Now
As enterprises embark on AI and machine learning strategies, chip makers like NVIDIA, Intel and AMD are battling to become the standard hardware providers.