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Gold Prices Decline to $4,330 Amid Market Uncertainty
RBC Downgrades Burberry's Rating and Target Price
US Oil Futures Rise Ahead of Potential US-Iran Negotiations
Saudis Tell Asian Refiners They Can Soon Pick Up Oil From Yanbu
UK government borrowing surged to £18bn in August
Canada says Philippines, ASEAN trade talks 90% complete, eyes November finish
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.26%
Deutsche Bank Asset Manager Considers Stricter Regulations for German Property Funds
Stock at Heart of Turkish Fund Crisis Ejected From Top Indexes
Thatcher-Era Water Minister Blames Regulation for Thames Crisis
Oil rises as markets eye U.S.-Iran talks, Saudi flows
RBC cuts LVMH view as luxury demand weakness weighs on growth
On Holding approves up to $1 billion share buyback through 2029
Qatar and JPMorgan to launch $20bn investment partnership
Oil markets await clarity on US-Iran meeting at UNGA
Stocks Extend Winning Run on AI Boost, Oil Rises: Markets Wrap
RBA Governor Highlights Inflation Risks Amid Middle East Tensions
Qatar Sells $3 Billion in Bonds as War Sends Deficit Soaring
RBA Governor Confirms Board Autonomy in Policy Decisions
FTSE 100 Set to Extend Rise, Oil Edges Higher
Dimon Backs Tata Sons Chief, Warns Rift Could Hit Investment
RBA Governor Bullock Discusses Australian Dollar Dynamics
Key FX Option Expiries Impacting EUR/USD and USD/JPY on September 22
RBA Governor Highlights Global Rise in Neutral Interest Rates
Quiet please, the currencies are sleeping
Roche Obesity Shot Cuts Body Weight 15.5% in Mid-Stage Trial
ECB’s Lane warns of higher, stickier inflation as second energy wave hits
Alibaba deepens AI push with new chip, bigger model; shares jump 5%
RBA Governor Suggests Higher Unemployment Could Mitigate Inflation
Zelenskiy to meet Trump at UN in push for energy truce with Russia
ECB’s Lane sees inflation returning to target from mid-2027-paper
RBA Governor Highlights AI's Role in Australian Economic Demand
The show must go on: struggling luxury brands seek catwalk boost in Milan and Paris
Reserve Bank of Australia Governor Bullock warns of inflation risks as rate decision looms
Mining Titans Hire Rothschild to Advise on South Africa F1 Deal
Brent Crude Oil Prices Rise Above $101 per Barrel
US Dollar Strengthens Amid Fed Rate Hike Expectations
South Korea to Fully Fund Texas Gas Plant with Joint Ownership
How France and Luxembourg fatally wounded the EU’s Russia sanctions regime
China’s share of global container exports soars to 40%
Stocks Extend Rally on AI Boost, Oil Edges Up: Markets Wrap
Australia’s central bank says inflation risks may be materialising
Philip R. Lane: Interview with Le Temps
South Korea's Industry Ministry Confirms Upcoming US Investment Plan Announcement
Silicon Data CEO Li on AI Race and Tokenomics
Sinology’s Rothman: China, US Seek Stability in Ties
South Korea Confirms Voting Rights in Westinghouse Stake Acquisition
JPMorgan's Neukirchen on India Payments Business
India’s Prospects Bright But Tax Rules a Worry, Dimon Says
RBA Governor Emphasizes Need for Monetary Policy to Address Inflation
Indonesia Nickel Hub to Cut Production on El Niño-Driven Drought
FirstFT: Kremlin-backed forgery scheme fooled global banks
Bank of Japan set to maintain new quarterly pace of rate rises
CNN, MS NOW and Politico sue Trump, challenging White House ban
RBA Governor Highlights Supply Shocks Impacting Monetary Policy
What’s Next for Japan After It Hiked Rates Following Pressure From US?: Live Q&A
Morning Bid: AI trade gets its Muse
RBA Governor Signals Potential for Continued Rate Hikes Amid Inflation Concerns
BofA at Odds With Barclays on Nigeria Rate Path: Decision Guide
South Korea Invests in Texas Power Plant as First U.S. Project
Why is ZAI stock declining today?
Why is Tencent stock climbing today?
Indonesia Forecasts Shorter Wet Season for 2026-27
Indonesia's Wet Season Expected to Begin in Early November
South Korea Plans Over $20 Billion Investment in Texas Power Plant
Why is Alibaba stock surging today?
Why is Samsung Electronics stock rising today?
David Ellison slays foes of his $110bn goliath
What Xi Jinping wants from his summit with Donald Trump
Alibaba Announces New AI Chip and Data Center Expansion Plans
Alibaba Group Holding Limited, a major Chinese technology company, saw its shares rise by 3% in Hong Kong on Tuesday following the announcement of a new artificial intelligence (AI) chip. This development is part of the company's strategy to enhance its technological capabilities and compete in the rapidly evolving AI sector.
In addition to the AI chip, Alibaba revealed plans to significantly expand its global data center capacity. This expansion aims to support the growing demand for cloud services and AI applications, positioning Alibaba as a key player in the global technology landscape. The company has been investing heavily in infrastructure to bolster its cloud computing services, which are crucial for its long-term growth.
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Source: KLEA News