Flowers not only bring consumers to cafes and shopping plazas, they can be money-spinners, too, as is the case with tulips in the Netherlands. During this year's show in Shanghai, more than 100 new ... ( read original story ...)
Throwing Money at LLMs Doesn’t Guarantee Success, Chinese Banks Learn
Zhao Liming, director of the Digital Finance Center at Kunming-based Fudian Bank, echoed this view. He suggested that small- and mid-sized banks leverage local data and internal resources to fine-tune ... ( read original story ...)
New US Tax Bill Will ‘Stabilise Things’ but Increase Deficit, JPMorgan’s Dimon Says
The new bill is estimated to add $3.8 trillion to the U.S. government's $36.2 trillion in debt over the next decade. Credit rating firm Moody's last week stripped the U.S. government of its top-tier ... ( read original story ...)
Shanghai researchers develop breakthrough AI-powered vision system
A research team from the University of Shanghai for Science and Technology published a paper in Science Advances on Friday, presenting a groundbreaking AI-assisted biomimetic vision system. ( read original story ...)
Trump tariff threat drives up ‘Shanghai premium’ on copper
TOKYO -- U.S. President Donald Trump's threat of tariffs is roiling the international copper market, with the "Shanghai premium" facing Chinese importers creating ripple effects elsewhere. ( read original story ...)
China lowers deposit rate ceilings to protect bank interest margins, sources say
China has lowered the ceilings on deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks' profit margins and discourage savings ... ( read original story ...)
Jiangsu Hengrui Surges 37% in Hong Kong Debut After $1.27B IPO
Jiangsu Hengrui Pharmaceuticals Co (HK:1276) made a powerful entrance on the Hong Kong Stock Exchange on Friday, with shares soaring over 37% in early trading after a $1.27 billion IPO. The offering ... ( read original story ...)