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  • NewsAFP News

    China cuts rates, could buy up commercial housing to boost property market

    China cut the minimum down payment rate for first-time homebuyers on Friday and suggested the government could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis.State media also reported, citing the central bank and the National Financial Regulatory Administration, that they would cut the minimum down payment rate for first-time homebuyers to 15 percent, one of the country's lowest-ever rates.

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  • BusinessReuters

    India's Mahindra & Mahindra jumps most in over three years on strong growth outlook

    Shares of Indian automaker Mahindra & Mahindra rose as much as 8% to a record high on Friday, its biggest intraday jump in over three years, on a strong growth outlook after its fourth-quarter results beat expectations. Mahindra's shares were trading 6.3% higher at 2,520 rupees, after seeing its biggest intraday percentage jump since April 2021. On Thursday, Mahindra reported fourth-quarter results that surpassed analysts' expectations on steady sales of its sports utility vehicles (SUV).

    2-min read
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  • BusinessReuters

    British grocer Sainsbury's partners with Microsoft to use AI for data insights

    Britain's Sainsbury's said on Friday it has agreed a five-year strategic partnership with Microsoft that will use the technology company's artificial intelligence capabilities and the supermarket group's rich data. Seeking revenue gains and cost savings, more retailers are using generative AI to boost personalised shopping experiences for consumers and make staff working practices more efficient. Sainsbury's, Britain's second-largest grocer after Tesco, said it would use AI to create a more in

    1-min read
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  • PoliticsHuffPost

    Ex-GOP Rep Likens Trump's Court Supporters To Jan. 6 'Insidiousness': 'Grave Threat'

    Former Rep. David Jolly slammed GOP members of Congress for challenging "democracy" at the Trump hush money trial.

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  • BusinessAFP News

    Rapidus 'last opportunity' to put Japan back on global chip map

    Japan's Rapidus project that brings together some of the world's biggest companies is the "last opportunity" to put the country's once-dominant semiconductor sector back on the global map, its chairman warned.And its success should inspire young engineers to further growth Japan's chip sector, he added.

    3-min read
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  • PoliticsHuffPost

    Say What?!? Lauren Boebert Gushes Over How 'Pretty' Trump Is When He Sleeps

    The Colorado lawmaker had a strange new observation about the former president.

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  • NewsAFP News

    Despite Western pressure, China in no hurry to reduce Russia support

    Despite Western calls on China to cut its support for Moscow's war against Ukraine by limiting supplies of dual-use materials and weapons components to Russia, Beijing has no interest in dropping its backing for President Vladimir Putin, analysts say.On Thursday, Putin arrived in China on a two-day visit as Moscow is seeking more support from President Xi Jinping for the war effort in Ukraine following multiple rounds of Western sanctions.

    4-min read
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