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07/11/2025
Standard & Poor's stated that Citigroup has been confirmed a rating of "BBB+/A-2" due to improved profitability.
Latest
2 m ago
The impact of gold on the Thai baht exchange rate has dropped to the lowest level in nearly two years, indicating that policymakers' efforts to curb the appreciation of the Thai baht may finally be paying off. Earlier this week, the 60-day correlation between the Thai baht and gold fell below 0.43, the lowest level since November 2023. Data shows that the 30-day and 45-day correlations reflecting recent trends have also dropped to their lowest levels since February.
3 m ago
The World Internet Conference in Wuzhen Summit will open in 2025. Alibaba Group CEO Daniel Zhang gave a speech at the opening ceremony, stating that AI technology is accelerating towards "general artificial intelligence" and will eventually achieve "super artificial intelligence." In the face of this intelligent revolution, Alibaba is increasing investment to create a super AI cloud and promote open source, open access, and technology inclusiveness with full-stack AI capabilities. Zhang stated that the development of AI will go through three stages: the first stage is the emergence of intelligence, which has been the main theme in recent years, with AI characterized as "learning from people." The second stage is moving towards "general artificial intelligence," which we are currently in, with AI characterized as "assisting people." The third stage is achieving "super artificial intelligence," with AI connecting to the real world's full range of raw data, possessing the ability to learn independently and iterate on its own. In this stage, AI is characterized as "surpassing humans" - but it will take a very long time.
4 m ago
Alibaba Group CEO Wu Yongming: Achieving "super artificial intelligence" will still take a very long time.
5 m ago
In the afternoon, the lithium battery sector continued to strengthen, with the electrolyte and lithium iron phosphate leading the way. Fengyuan Shares, Yongtai Technology, and Tenci Materials all hit the limit up. Previously, more than ten stocks such as Ruitai New Materials, Duofluoro, Shida Shenghua, and Tianji Shares hit the limit up.
5 m ago
In October, Turkish Airlines' passenger load factor increased by 2.0 percentage points year-on-year to 84.7%.
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