China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs Imports also beat estimates, growing 1%. Analysts expected imports to shrink about 1.5% compared to the same period last year ... 01/12/2025 - 5:15 pm | View Link
November loan growth revs up to fastest pace in nearly 2 years Bank lending posted its fastest growth in almost two years in November 2024 due to bigger appetite for business loans amid the ongoing rate-cutting cycle of the Bangko Sentral ng Pilipinas (BSP). 01/10/2025 - 1:28 pm | View Link
India's December factory activity growth hits 2024 low, PMI shows The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell to 56.4 – the weakest since December 2023 – little changed from November's 56.5 but below an early estimate ... 01/1/2025 - 5:35 pm | View Link
Singapore’s strong 2024 growth puts MAS decision in focus More challenging outlook for growth in 2025 could give MAS scope to slightly loosen its Singdollar policy. Read more at straitstimes.com. 01/1/2025 - 2:48 pm | View Link
US Economy Grows 3.1% in Q3 Thanks to Consumer Spending Boom Despite the strong overall performance, some metrics suggest vulnerabilities. Private business investment outside of equipment grew minimally, and the unemployment rate has risen slightly to 4.2 ... 12/19/2024 - 4:30 am | View Link
On Monday, the Supreme Court declined to decide whether to block lawsuits that Honolulu filed to seek billions in damages from oil and gas companies over allegedly deceptive marketing campaigns that hid the effects of climate change.
Now those lawsuits can proceed, surely frustrating the fossil fuel industry, which felt that SCOTUS should have weighed in on this key "recurring question of extraordinary importance to the energy industry" raised in lawsuits seeking similarly high damages in several states, CBS News reported.
Defendants Sunoco and Shell, along with 15 other energy companies, had asked the court to intervene and stop the Hawaii lawsuits from proceeding.
On Monday, the US government announced a new round of regulations on global AI chip exports, dividing the world into roughly three tiers of access. The rules create quotas for about 120 countries and allow unrestricted access for 18 close US allies while maintaining existing bans on China, Russia, Iran, and North Korea.
AI-accelerating GPU chips, like those manufactured by Nvidia, currently serve as the backbone for a wide variety of AI model deployments, such as chatbots like ChatGPT, AI video generators, self-driving cars, weapons targeting systems, and much more.
Dorval Carter is out at the CTA.
The transit agency president announced his retirement Monday in a CTA news release, after years in the hot seat as riders complained about unreliable service, conditions on trains and buses and concerns about personal safety.
He will step down at the end of this month, according to the release.
His retirement comes as a debate brews in Springfield about whether to combine the CTA with Metra, Pace and the Regional Transportation Authority, and how to fund transit amid a $771 million budget gap looming when federal COVID-19 relief funding runs out.
It’s becoming more likely that Apple will add an iPhone Air to its lineup in 2025. We already know that the iPhone 17 is slated for a 2025 release. However, Bloomberg’s Mark Gurman suggests Apple’s next big iPhone update might introduce an all-new model called the iPhone 17 Air. Back in August, ReadWrite mentioned there was speculation that the new phone could be much slimmer, possibly around 2 millimeters thinner than any iPhone we’ve seen so far.
The iPhone 17 Air will reportedly be 6mm thick, which would make it the thinnest iPhone ever!
Source: analyst Jeff Pu pic.twitter.com/fnhKv8qRlU
— Apple Hub (@theapplehub) November 19, 2024
Gurman points out that the iPhone 17 Air will feature a base-level A19 chip and a single-lens camera system.
Legalized casino gambling in Thailand appears closer on the horizon after the country’s Prime Minister confirmed the approval of a draft bill to establish land-based casino venues.
In September last year, a public consultation indicated consent for the plans of the new Bangkok administration to shake up the gambling landscape and now Prime Minister Pateogntarn Shinawatra will push ahead with the proposals.
The daughter of the former Thai premier, billionaire Thaksin Shinawatra who is a key proponent of the reforms, was sworn in as PM last August but the ambition to deliver large-scale casino resorts predates her appointment, having been on the government’s agenda for a significant time.
Previous attempts for such proposals in Thailand have been thwarted, partly due to formidable opposition from conservative figures in the majority Buddhist.