The European Central Bank may need some time before the recently agreed acceleration in the pace of money printing, part of its efforts to cushion the fallout of the COVID-19 pandemic, becomes apparent, ECB President Christine Lagarde said on Thursday.
On Tuesday, Chinese livestreaming e-commerce came under scrutiny. On Thursday, it was "deepfakes". And earlier this month, Chinese authorities imposed fines on operators of community group buying platforms.
China’s cyberspace administrator said in a statement on Thursday that it and the public security ministry met with the companies to talk about "security assessments" and potential problems with deepfakes and audio social apps. Kuaishou Technology and Xiaomi Corp also attended the meeting, it said.
THE recent sale of a digital artwork for over US$69 million has seemed to secure the position of non-fungible tokens (NFTs) as the new crypto craze.
Japanese courts delivered conflicting rulings on two nuclear reactors on Wednesday, lifting an injunction on one and slapping a no-restart order on another, highlighting the fitful state of the industry's recovery 10 years after the Fukushima disaster.
Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13per cent in 2023, it said on Thursday.
Credit Suisse executives earned 12per cent less in total aggregate compensation in 2020, the bank's annual report showed on Thursday, as bonuses were hit by legal matters, anticipated credit losses and a hit from a writedown in its asset management business.
The global economy is set to grow by 4.7 per cent this year thanks to a stronger-than-expected recovery in the United States, a report by the U.N. Conference on Trade and Development (UNCTAD) said on Thursday, revising up its previous forecast of 4.3 per cent.
The global economy is set to grow by 4.7per cent this year thanks to a stronger-than-expected recovery in the United States, a report by the U.N. Conference on Trade and Development (UNCTAD) said on Thursday, revising up its previous forecast of 4.3per cent.
China’s cyberspace administrator said in a statement on Thursday that it and the public security ministry met with the companies to talk about "security assessments" and potential problems with deepfakes and audio social apps. Kuaishou Technology and Xiaomi Corp also attended the meeting, it said.
