The Chief Economist at Nomura Research Institute, Richard Koo, has emphasized that in order for China’s economic activity to thrive, the narrative surrounding home prices must shift to convey an upward trajectory. Business and consumer willingness to take out new loans has been lackluster at the start of the year, with home prices experiencing a
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Lionsgate has made the decision to move the highly anticipated reboot of The Crow, directed by Rupert Sanders and starring Bill Skarsgård, from its original release date of June 7 to August 23. This new date will see The Crow going up against Amazon MGM’s Zoë Kravitz’s feature directorial debut, Blink Twice, as well as
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Google is revolutionizing the cloud computing industry with its latest innovation – a custom-built Arm-based server chip. This move is a strategic attempt by Google to make cloud computing more affordable and competitive in the market. At the Cloud Next conference in Las Vegas, Google announced that the new processor will be available later in
The stock of BlackBerry surged over 9% after announcing a partnership with Advanced Micro Devices on robotics systems. This news highlights the potential for growth and innovation in the field of robotics technology. However, it is important to note that partnerships in the tech industry can be volatile, and the long-term impact of this collaboration
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General Motors’ Cruise self-driving vehicle unit is set to make a comeback on U.S. roadways after a temporary halt in operations. The relaunch is scheduled to start with a small fleet of human-driven vehicles in Phoenix. This move comes in the wake of a previous accident that involved a pedestrian in San Francisco being struck
The global airline industry is currently experiencing a summer squeeze, with travel demand projected to exceed pre-pandemic levels. However, this surge in demand is juxtaposed with a significant drop in aircraft deliveries, largely due to production issues at Boeing and Airbus. Airlines are facing the challenge of operating older, less fuel-efficient aircraft while spending billions
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Singapore’s central bank, the Monetary Authority of Singapore (MAS), is facing a challenging decision regarding its monetary policy in 2024. With inflation remaining stubbornly above the target of 2%, there is pressure on the MAS to make adjustments. In January, inflation cooled to 3.1% but increased to a 7-month high of 3.6% in February due
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In a recent turn of events, Tesla has reached a settlement in a lawsuit regarding a fatal 2018 car crash that resulted in the death of an Apple engineer. The incident, which occurred near San Francisco, involved a Model X operating on Tesla’s Autopilot feature. This settlement, which comes after a five-year legal battle, was
In a tragic incident back in 2018, Walter Huang, an Apple engineer and father of two, lost his life after his Tesla Model X SUV, with Autopilot features activated, crashed into a highway barrier near Mountain View, California. The National Transportation Safety Board (NTSB) conducted an investigation and concluded that Tesla’s technology played a role