A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February. Economists had expected industrial production to rise by 0.4 percent compared...
Chinese internet company Baidu Inc.\'s artificial intelligence or AI chatbot Ernie Bot has secured more than 200 million users, reports said citing CEO Robin Li. Ernie Bot, China\'s most popular ChatGPT-like chatbot, was released to the public in August last year. In December, the company had said that Ernie Bot\'s users reached over 100 million....
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected in the month of March. The Commerce Department said housing starts plummeted by 14.7 percent to an annual rate of 1.321...
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February. Economists had expected industrial production to rise by 0.4 percent compared...
Canadian stocks are down in negative territory around noon on Tuesday with somewhat hot inflation data weighing on sentiment. Uncertainty about early interest rate cuts by the Federal Reserve continues to weigh as well. The benchmark S&P/TSX Composite Index, which dropped more than 200 points to 21,536.09 earlier in the morning, is down 59.52 points...
The Hong Kong stock market has moved lower in four straight trading days, stumbling almost 900 points or 5.5 percent along the way. The Hang Seng Index now sits just beneath the 16,250-point plateau although it\'s likely to see some bargain hunting on Wednesday. The global forecast for the Asian markets suggests little movement, with...
Australian shares are trading slightly higher on Wednesday, snapping the four-session losing streak, with the benchmark S&P/ASX 200 staying above the 7,600 level, following the mixed cues from Wall Street overnight, with gains in gold miners, financial and energy stocks nearly offset by losses in iron ore miners. The benchmark S&P/ASX 200 Index is gaining...
The Indonesia stock market returned from its long break for Eid-ul-Fitr by snapping the two-day winning streak in which it had jumped more than 120 points or 1.7 percent. The Jakarta Composite Index now sits just beneath the 7,165-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets...
Ahead of the long weekend for the Songkran Festival, the Thai stock market had ended the three-day winning streak in which it had rallied more than 35 points or 2.5 percent. The Stock Exchange of Thailand now sits just above the 1,395-point plateau and it\'s likely to open under pressure again on Wednesday. The global...
Indian markets remain closed today on account of Ram Navami. Benchmark indexes Sensex and Nifty ended down around 0.6 percent each on Tuesday to extend losses for a third straight session while the rupee plunged to a record closing low of 83.54 against the dollar. Asian markets were flat to slightly lower this morning after...