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05/08/2025
The National Oil Corporation of Libya announced that it had signed a Memorandum of Understanding with ExxonMobil, after the company's operations in Libya had been suspended for ten years.
Latest
2 m ago
The credit market is "overly optimistic"? UBS warns that the risk premium of high-yield bonds in the US is approaching historic lows.
3 m ago
Mitsubishi UFJ Financial Group (MUFG.US) CEO makes rare call for Bank of Japan to raise interest rates, predicts earliest start may be at September meeting.
3 m ago
VAT arbitrage "flash rush" ends, bond market investment returns to fundamentals.
4 m ago
This morning, Alibaba DAMO Academy open-sourced the latest Wen-Image model. Wen-Image is a 20 billion parameter MMDiT model that can generate realistic, anime, cyberpunk, sci-fi, minimalist, retro, surreal, ink, and other types of images to support styles transfer, add or delete, enhance details, edit text, and adjust character poses, among other common operations. Wen-Image can also generate Studio Ghibli-style images, which have become popular all over the Internet thanks to OpenAI's GPT-4. According to tests, the difference between the two models is very small, especially in understanding highly complex Chinese prompts and text embedding, where Wen-Image performs better (AIGC open community).
6 m ago
President Trump: The stock market performed well today (Dow +585.06, 1.34%; S&P 500 +91.93, 1.47%; Nasdaq +403.45, 1.95%). There will be many more days like this. America is becoming wealthy again and stronger than ever before.
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