The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images China kept its benchmark lending rates steady on Monday as the country continues to grapple with weak consumer sentiment and softening growth. The People’s Bank of China held the 1-year loan prime rate at 3.0% and…
Professor HB Klopper, academic head at Belgium Campus iTversity. Technology and business are converging at an unprecedented pace. The swift transition into what some call the fifth industrial revolution, almost leapfrogging the fourth, presents us with a remarkable opportunity to fundamentally reimagine our approach to business operations. In this fifth revolution, the promise is of…
An off-duty Customs and Border Patrol agent was shot in New York City’s Riverside Park late Saturday in an alleged robbery that did not appear to target him because of his job, police said. Miguel Mora, 21, is being investigated as a person of interest in the attempted robbery and shooting, New York Police Commissioner…
Tributes are being paid to American World War Two veteran and social media star Jake Larson, known online as ‘Papa Jake’, who has died at the age of 102. Larson was among the Allied troops in D-Day who attacked Nazi Germany’s forces on the beaches of northern France in 1944, helping to end WW2. In…
Quectel unveils high-performance KCMA32S Zigbee & BLE module for smart lighting, building and home networks Quectel Wireless Solutions, a global IoT solutions provider, has announced the launch of its latest high-performance MCU Zigbee and BLE module, the KCMA32S. This innovative module is designed to meet the growing demands of IoT applications, featuring advanced connectivity options…
At least 85 Palestinians were killed while trying to reach aid at locations across Gaza on Sunday, the Hamas-run Health Ministry said, in one of the deadliest days yet for aid-seekers in over 21 months of war. There was new alarm as Israel’s military issued evacuation orders for areas of central Gaza, one of the…
US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital assets to become an everyday way to make payments and move money. The bill, dubbed the Genius Act, passed in the US house of representatives…
Japan’s Sanseito party wins big with ‘Japanese First’ push and anti-immigration rhetoric. Japan’s far-right Sanseito party has emerged as a major winner in the country’s upper house election, riding a wave of nationalist rhetoric, anti-immigration warnings and populist pledges on tax cuts and social welfare. Once seen as a fringe movement born on YouTube during…
eBook: Transforming emerging identities into new customers. Across the world, growing numbers of young people, new-to-country immigrants and other groups are poised to enter the financial system as customers of credit, loans, remittances and more. By 2030, 75% of consumers in emerging markets will be between the ages of 15 and 34.(1) Companies that can…
Klaus Vedfelt | Digitalvision | Getty Images As rounds of layoffs continue within a historically strong stock market and resilient economy, it is still uncommon for companies to link job cuts directly to AI replacement technology. IBM was an outlier when its CEO told the Wall Street Journal in May that 200 HR employees were…
