IMF-Coronavirus

IMF’s Georgieva says countries lack regulatory, ethical foundation for AI

Kristalina Georgieva warns that developing nations risk being left behind in the global AI race as advanced economies, led by the U.S. and China, dominate technological progress

OpenAI partners with Broadcom to develop custom AI processors

SAN FRANCISCO — OpenAI announced on Monday a partnership with chipmaker Broadcom to design and build specialized computer processors for artificial intelligence...

US-China trade tensions certain to dominate IMF, World Bank annual meetings

Finance ministers, central bankers from more than 190 countries coming to Washington; G7 to discuss sanctions on Russia, Ukraine aid options

Beijing blames US for raising trade tensions, defends rare earth curbs

China says Trump's complaints about rare earth export curbs reveal 'double standards'

Oil rebounds 1% after sharp losses on US-China tensions

Brent crude futures rise 87 cents, or 1.39%, to $63.60; US WTI crude climbs 87 cents, or 1.48% to $59.77 a barrel

Asia shares off to shaky start, but Wall Street futures bounce

Nikkei futures signal losses as Wall Street rises; gold hits record high, Treasuries slip, and global markets eye progress in US-China talks amid key meetings in Egypt and Washington

Dollar steadies as markets focus on US-China trade tensions, politics

Trump's Truth Social message reassures traders; Crypto markets unsteady after weekend volatility; Gold at fresh record highs

China to impose port fees on US-linked vessels as trade tensions escalate

New tariffs target US-owned, operated, or flagged ships, escalating the ongoing trade dispute

Major US online retailers remove listings for millions of prohibited Chinese electronics

US Federal Communications Commission removes devices, including cameras and smartwatches from Huawei, Hikvision, ZTE, and Dahua, citing barred equipment list

Trump threatens China with export controls on Boeing parts

Financial effect of a ban would likely be relatively small for Boeing, which is in talks to sell 500 jets to China

Bitcoin extends decline to $104,782 as Trump escalates US-China trade war

Ethereum , the world's second-largest cryptocurrency, falls 5.8% to $3637

US to impose 100% tariffs on Chinese imports from Nov 1 as Trump escalates trade war

Software export controls also to take effect; Rift between two largest economies leaves markets reeling

Gold pares gains after brief run above $4,000 per ounce on Trump’s China tariff warning

Yellow metal gains 0.4% to $3,989.49 per ounce, marking a 2.7% weekly rise; US December futures close 0.7% higher at $4,000.40

Apple sued over use of copyrighted books to train Apple Intelligence

Copyright owners, including authors and media companies, file multiple lawsuits against tech giants over the use of their work in AI training

China expands rare earth export controls after Pakistan–US mineral pact; Trump threatens tariffs

Beijing tightens global supply chains with sweeping export curbs on rare earths and related technologies ahead of the Trump–Xi meeting at APEC.