INT
Central bank digital currencies diverge and progress
The euro area’s central bank digital currencies (CBDC) project is lagging behind the Chinese equivalent
InternationalTech sell-off will not change AI's global trajectory
A sell-off in technology stocks promoted a sharp fall in US stock market indices yesterday
InternationalFurther interest rate cuts are likely in China
The one-year medium-term lending rate was cut by 20 basis points (bp) today, days after the seven-day rate was cut
ChinaHarris will not win back ‘Little Tech' Trump backers
Kamala Harris looks set to recover support from parts of Silicon Valley, but not from AI and crypto start-ups
United StatesUS data centre headline emissions mask complex reality
The artificial intelligence (AI) boom is prompting increased greenhouse gas (GHG) emissions from data centres
United StatesEurope and Japan lead the renewed manufacturing slump
The euro-area and Japan saw manufacturing activity and orders weaken in July but services activity remains resilient
InternationalOpen-source GenAI will raise global controversies
Meta launched its latest generative artificial intelligence (GenAI) model yesterday
InternationalChina will carefully encourage more private investment
Eligible firms will be allowed to borrow externally over the medium-to-long-term in order to try to boost investment
China
