Quantitative hedge fund, High-Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most cutting-edge AI. In a post on its official WeChat account, Hangzhou Huanfang Technology Ltd Co., as the company is officially called, said […]
Read MoreMore Indians are becoming less hopeful about their quality of life as stagnant wages and higher living costs cloud future prospects, a survey showed, in disappointing news for Prime Minister Narendra Modi ahead of this week’s annual budget. More than 37% of respondents in a pre-budget survey said they expect the overall quality of life […]
Read MoreIndia’s Adani Power (ADAN.NS), opens new tab posted a smaller quarterly core profit on Wednesday due to a sharp drop in power demand and the thermal power producer also said it would raise 50 billion rupees ($578 million) by selling shares to institutional investors. The company, part of billionaire Gautam Adani-led Adani Group, said besides […]
Read MoreAccording to the preliminary results, the total production of the mining and extractive sector of Mongolia reached MNT 22.8 trillion in 2024, an increase of MNT 1.2 trillion compared to 2023. Specifically: The production of bituminous coal and lignite increased by MNT 834.7 billion, The production of metal ore increased by MNT 509.1 trillion, or […]
Read MorePresident signed Measures to accelerate the development of the pharmaceutical industry Decree introducing import duties on certain types of medicines Tuesday. The Decree has amended the June 29, 2018 Resolution, which had set customs duties for imported goods. In particular, if for goods under 3004 HS code, the duty was at 0%, now it will […]
Read MoreThe shutdown of 50 aid organizations, alongside the suspension of humanitarian assistance in recent days, has raised serious concerns in the country. Some experts warn that if the operations of aid organizations are permanently halted, the poverty crisis in Afghanistan will worsen. They also believe that continuing such decisions is a complete violation of human […]
Read MoreIn line with widespread expectations, the Central Bank kept its Overnight Policy Rate (OPR) — its new key policy rate — at 8.00 percent at its first policy meeting of the year. This decision was made with confidence that inflation will return to the medium-term target of 5 percent by the third quarter of this […]
Read MorePunakha— As the calm waters of the Punatshangchhu shimmer under the moonlight, tourists enjoy a unique experience—night and evening river rafting. This adventure combines excitement and serenity, showcasing Punakha’s beauty under a starlit sky. My Bhutan, currently the only authorised travel agent in the country, has been granted exclusive rights to conduct night rafting. The […]
Read MoreHonda Motor (7267.T), opens new tab said on Wednesday it will boost its investments in three Ohio auto plants by $300 million to have flexibility to build EVs, hybrids and gas-powered vehicles on the same assembly line. The Japanese automaker in 2022 had announced plans to invest $700 million in three plants but is now […]
Read MoreIndian Prime Minister Narendra Modi is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the role of the state in business, according to government sources and a document reviewed by Reuters. Less than a month into 2025, New Delhi has plans to invest about $1.5 billion in […]
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