If you’re planning to go to Japan by yourself, fear not, RoBoHon is here. This humanoid robot can hold short conversations with humans and is marketed in Japan as a device that could possible replace your cellphone. Now, it’s available for tourists, too. CNBC recently went to Tokyo, Japan, where the robot is available for […]
Read moreThis Thursday, the Verkhovna Rada (the parliament of Ukraine) considers a historic proposal to replace 25-year-old foreign exchange legislation with an entirely new law that will open our country to international investors and make it easier for Ukrainian businesses to operate globally. Technical though it may seem, liberalization of our arcane foreign exchange controls will […]
Read moreTrade in Chinese yuan-denominated crude oil futures has surged since President Donald Trump pulled the U.S. out of the Iran nuclear deal. Launched on March 26, crude oil futures on the Shanghai International Energy Exchange (INE) were met with fanfare — and skepticism about how much a state-managed marketplace could displace the well-established crude trade […]
Read moreArtificial intelligence will one day be smarter than humans, but there’s no reason to fear the technology, according to a pioneer in AI technologies. “I’ve been working on [AI] for several decades, since the eighties basically, and I still believe it will be possible to witness that AIs are going to be much smarter than […]
Read moreShares in Europe are set for a mixed open Wednesday as investors monitor surging interest rates in the bond markets. The FTSE 100 is seen lower by 7 points at 7,723; the German DAX is expected to start higher by 14 points at 12,988; and the CAC 40 is set to start up by 2 […]
Read moreEmerging market currencies are likely to feel more pressure amid the move higher in U.S. bond yields, a top Deutsche Bank economist said on Wednesday. “In a rising global interest rate environment, those countries with current account deficits that have relied on fixed income capital inflows to finance those deficits, and that’s Indonesia in spades, […]
Read moreThe next phase of Amazon‘s union with Whole Foods has begun. Starting Wednesday, Amazon Prime members in Florida will get an additional 10 percent off Whole Foods products that are already discounted. The grocer typically has hundreds of products on sale at a time. It is also offering weekly deep discounts on some of its […]
Read moreWalmart and Hudson’s Bay’s Lord & Taylor are preparing to roll out a new shopping experience on Walmart.com. Set to launch in phases in the coming weeks, the “store within a store” on Walmart’s website will feature more than 125 brands sold at Lord & Taylor, including Tommy Bahama, Vince Camuto and Lucky Brand. The […]
Read moreSenior officials at scandal-plagued state fund 1Malaysia Development Berhad (1MDB) withheld information from its board and took some decisions without the board’s approval, according to a Malaysian government audit of the fund that was declassified on Tuesday. Malaysia, under former Prime Minister Najib Razak, had classified the audit report in 2016 under the Officials Secrets […]
Read moreThe man widely expected to be governing Malaysia in roughly two years’ time walked out of a Kuala Lumpur hospital and to freedom on Wednesday. Opposition icon Anwar Ibrahim, who heads the People’s Justice Party (PKR), is considered a hero in Malaysia, where he has been jailed twice. He was expected to receive an immediate […]
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