Uzbekistan’s foreign exchange transactions surge 24% in first half of 2025
The total value of foreign currency transactions between banks and individuals in Uzbekistan reached 14.5 billion U.S. dollars in the first six months...
China’s development centered on digital resources is gaining momentum under a new three-year plan aimed at boosting information use to support economic and social growth.
China's data-driven development has gained momentum since the launch of a three-year action plan. The 2024–2026 initiative aims to promote the use of data as a factor of production and strengthen its role in supporting economic and social development.
The National Data Administration, China’s central government agency responsible for data governance and digital development, said on Thursday that the plan has already made solid progress in turning data into a valuable resource for industries.
Since the strategy was launched over a year ago, more companies have entered the data market. According to official Luan Jie, nearly 500 digital tech firms have been established by central enterprises, and around 66% of leading companies across various sectors have begun purchasing data.
The integration of data has helped businesses achieve better performance and efficiency across a range of sectors. For instance, in agriculture, certain farming enterprises have boosted crop yields by 5.5% through data-driven fertilization strategies. Meanwhile, in the industrial sector, top companies have reduced research, procurement, and product delivery cycles by more than 30% by leveraging data across their entire supply chains.
Authorities have pledged to continue advancing pilot initiatives, addressing existing challenges, and fully implementing the national framework.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
U.S. markets closed mostly flat Friday, capping a third winning week out of four.
U.S. President Donald Trump signed the GENIUS Act into law on Friday, creating the first U.S. regulatory framework for dollar-backed stablecoins and marking a major win for the crypto industry.
Oil prices edged higher on Friday, heading for a small weekly loss, as investors weighed new European Union sanctions against Russia.
As some top global banks scale back climate efforts, India is moving forward with mandatory rules for lenders to report and manage climate-related financial risks.
The Indian rupee is expected to open stronger on Friday, supported by gains in other Asian currencies and a temporary pause in the U.S. dollar index’s upward trend.
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