Technology
Banks want staff back at the office. There aren’t enough desks
[LONDON] Five years after the Covid pandemic fuelled an unprecedented boom in remote work, bank executives have become ever more vocal in their insistence that workers should return to...
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
[BEIJING] Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language model, joining a wave of Chinese tech firms...
Shein and Reliance reportedly aim to sell India-made clothes abroad within a year
[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months,...
Masked Protester Waiving Mexican Flag on Dirt Bike Becomes the Symbol of Los Angeles Anti-ICE Riots
Dramatic video footage of a masked protester on a dirt bike, waving a Mexican flag while biking around a burning car in Los Angeles, has become a symbol of...
MoneyHero expands into digital assets in partnership with OSL
This is to satisfy Hong Kong’s growing interest in digital assets and increasing demand for diversified financial solutions[Hong Kong] MoneyHero Limited, a leading personal finance aggregation and comparison platform...
‘Most unloved bonds’ turn routine US auction into crucial test
[NEW JERSEY] Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall...
Japan confirms GDP contraction, backing Bank of Japan’s cautious stance
[TOKYO] Japan’s economy contracted in the first quarter, a revised estimate confirmed on Monday (Jun 9), weakness that supports the Bank of Japan’s (BOJ) cautious stance and keeps political...
China says it may speed up rare earths application approvals from EU
[SHANGHAI] China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of...
