DeepSeek’s AI Breakthrough Sends Shockwaves Through Tech Industry
Technology stocks tumbled as DeepSeek’s low-cost AI model challenges Western dominance, raising concerns over tech giants’ heavy investment in AI development.
News & Insights Across Asia
Technology stocks tumbled as DeepSeek’s low-cost AI model challenges Western dominance, raising concerns over tech giants’ heavy investment in AI development.
DeepSeek’s launch of a low-cost AI model challenges Western tech giants, triggering a global sell-off in major technology stocks and raising questions about future investments in AI.
Tech stocks plunged as Chinese startup DeepSeek unveiled a low-cost AI model, challenging Western dominance and raising questions about massive AI investments by major tech companies.
Amid global uncertainties, the Chinese mainland saw robust economic growth in 2024, driven by strong GDP, investments, and consumer market. Analysts are optimistic for 2025.
Asset managers are launching new AI-focused ETFs to tap into investor enthusiasm, offering fresh opportunities despite uncertainty over long-term industry leaders.
Exploring how the Chinese mainland navigated global economic challenges during the first three quarters of 2024, and what to expect for the rest of the year.
Gold prices surged over 12% in the first half of 2024 amid geopolitical tensions and economic uncertainty. World Gold Council CEO David Tait asserts there’s no bubble, expecting the trend to continue.
The U.S. economy grew by 2.8% in Q2 2024, up from 1.4% in Q1, driven by increased consumer spending but offset by a slowdown in business investment due to high interest rates.
Investment in emerging technologies in China is rising rapidly, signaling promising future growth. This trend was highlighted by Frederick Fenter at the release of the “Top 10 Emerging Technologies of 2024”.
Despite Western reports of a historic investor shift from China to India, China’s economy demonstrates resilience with strong growth and consumption, remaining a key driver in global markets.