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China tests underwater data centers to cut AI cooling costs
China has started implementing an experiment which involves placing data centers in the oceans in a bid to cut the amount of energy used to cool down artificial intelligence servers. AI servers are kn...
Singapore's largest precious metals vaults remain optimistic despite slow start
A maximum-security storage facility near Changi Airport now holds one of the world’s largest precious metals vaults, but most of its space is still empty. The Reserve, run by Silver Bullion, started o...
China’s CSI 300 tech index hits highest level since 2015
Retail investors in China are flooding the stock market like it’s a clearance sale, and the CSI 300 Information Technology Index just hit its highest point since 2015. The broader CSI 300 has now jump...
US confirms that South Korea is not manipulating currency
A spokesperson for South Korean President Lee Jae-myung, Kang Yu-jung, has reportedly announced that the United States (US) has acknowledged that the country is not manipulating its currency to achiev...
BYD shrugs off Buffett’s Berkshire sell-down
BYD has confirmed that Berkshire Hathaway completely sold off its remaining shares earlier this year, ending a 17-year run that began in 2008. The Chinese electric vehicle maker responded on Weibo, wh...
National security questions remain after Donald Trump's TikTok deal
Donald Trump just approved a deal that lets the Chinese-built TikTok algorithm keep running in the U.S., even after all that noise about national security. The same system lawmakers said was too risky...
China’s stock market is surging as both local and foreign investors jump in
Chinese stocks are blowing up, and the buying isn’t slowing. Both foreign funds and local investors are throwing cash into the market. The Shanghai Composite just hit its highest point in ten years, a...
India presses U.S. for Iran, Venezuela oil in exchange for Russian cuts
India has sent a message to the Trump administration: if Russian oil has to go, then barrels from Iran and Venezuela must come in. That was said by a group of Indian officials who landed in Washington...
Trump’s $14B TikTok price tag under fire for massive undervaluation
Donald Trump’s $14 billion estimate for TikTok’s U.S. business is catching fire across financial and political circles, with critics slamming it as a ridiculous undervaluation for one of the biggest s...
Hong Kong’s HKMA targets unregulated stablecoins
The Hong Kong Monetary Authority (HKMA) has warned investors that it has not approved any stablecoin issuers in Hong Kong. The regulatory body has labelled the marketing of the products as illegal. Ac...
China addressing US criticism, plans to drop WTO developing country claim
China has announced it will no longer claim benefits reserved for developing countries in World Trade Organization (WTO) negotiations. The concession comes years after Washington started probing the c...
Companies skirt Trump’s tariffs by rerouting goods, underreporting values
Business experts warn that companies might be trying to find ways around Trump’s new trade taxes, potentially costing the United States government up to $40 billion each year in lost revenue. The conc...