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The Bank of Japan (BoJ) raised its benchmark interest rate by 25 basis points from 0.25% to 0.5% in an 8-1 vote on Friday, to its highest level in 17 years, with the yen strengthening modestly against the US dollar after the announcement
The European Central Bank and the Federal Reserve are due to meet next week as policymakers digest early moves of the Trump administration.
The Fed is expected to keep interest rates on hold but the larger story unfolding will be how the central bank confronts early moves by Trump that are likely to shape the economy this year, including demands the Fed continue lowering borrowing costs.
The services sector accounted for the drop in the PMI, with manufacturing expanding for the first time in seven months on hopes of "looser regulation, lower taxes and heightened protectionism" under President Donald Trump's new administration. But some worried that potential tariffs would "disrupt supply chains and impact sales, or stoke inflation."
There were also fears the U.S. central bank could adopt a more hawkish posture to deal with inflation.
When asked about the risk of US sanctions should YTL Power provide the processing power to China clients, Yeoh says “our legal and commercial team will have mitigated such risk before we can invest”.
Artificial intelligence darling Nvidia’s shares fell on Friday following the launch of Chinese generative AI program DeepSeek last week, which claimed to be able to outperform rival offerings at a fraction of their cost.
DeepSeek- which is funded by Chinese quant firm High-Flyer- made its R1 LLM open source, and also released a paper outlining how advanced LLMs
DeepSeek- which is funded by Chinese quant firm High-Flyer- made its R1 LLM open source, and also released a paper outlining how advanced LLMs can be built on much smaller budgets.
DeepSeek had access to about 50,000 Nvidia H100 AI GPUs- the previous generation of Nvidia’s AI GPUs, which are set to be replaced by the Blackwell series. It was unclear to what extent the company had leveraged this access for its LLM.
But the biggest point of contention over DeepSeek R1 was that the LLM was able
But the biggest point of contention over DeepSeek R1 was that the LLM was able to achieve competitive results despite its rivals, such as OpenAI’s ChatGPT and Meta’s Lama, having access to substantially bigger budgets and more advanced technology. This notion was relevant in the light of recent U.S. export controls on chip technology to China, as well U.S. President Donald Trump announcing $500 billion in private spending t
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哈哈,gamuda 都说了四都说了四块以下不买对不起自己的……….penang 9 billion tender………jssez initiatives………..potential emergence of Sarawak as an energy hub…………讲了N次这三个theme play 是今年马股的主题,别每天只有科技股………. 告诉你你敢买吗哈哈哈哈哈哈哈
我继续套利,小心以为反弹了支撑来了结果买了我的票……….i love choppy market,我会不断地进进出出,一百次的三巴仙可能不到一个月便有了哈哈哈哈哈哈哈……….. 一不小心,ytl赚了百分之五哈哈哈……..闪人不回复去睡个午觉然后去吃团年饭…………新年前有便宜票买也不是什么秘密,只是大部分人选择装傻或装睡相信自己买的不会跌而已哈哈哈哈哈………..祝大家顺顺利利,健健康康…………