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Xi says China must 'overcome' AI chip challenges
Xi says China must 'overcome' AI chip challenges
by  AFP

President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry.

India and Pakistan's Kashmir fallout hits economy too
India and Pakistan's Kashmir fallout hits economy too
by  AFP

Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small but prickly economic consequences for both nations. - Third country trade - But analysts say Pakistan's decision to halt trade is unlikely to have a major impact, as regular diplomatic flare-ups between the two nations over decades have prevented close economic ties.

Trump tariff promises get a reality check
Trump tariff promises get a reality check
by  AFP

A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United States and partners still unresolved -- and anxiety building over the state of the global economy.

EU, US should de-escalate and negotiate trade deal: IMF Europe director
EU, US should de-escalate and negotiate trade deal: IMF Europe director
by  AFP

The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster growth on the continent, the International Monetary Fund's Europe director said Friday. "An effort needs to be made to de-escalate and to negotiate a deal," he said, adding he hoped the negotiations would be successful.