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Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth … Read more
On the Mercator projection, one of the world’s most popular maps, Greenland and Africa appear to be about the same size. But on the Equal Earth projection showing continents in their true proportions, 14 Greenlands would easily fit inside the African continent. Criticism that the Mercator projection does not accurately reflect Africa’s real size is … Read more
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images JPMorgan Chase says fintech middlemen — the companies that have helped a … Read more
A customer picks up a snack at a supermarket store in Tokyo, Japan, on Tuesday, July 27, 2021. Noriko Hayashi | Bloomberg | Getty Images Japan’s household spending in December rose 2.7% year on year in real terms, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The … Read more
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Booming AI budgets seemed at risk last week when DeepSeek crashed Nvidia’s stock based on speculation that its cheaper AI models would lower demand for AI chips and data centers. Alphabet CEO Sundar Pichai has certainly noticed the Chinese AI company, praising its work as “tremendous” in Alphabet’s latest earnings call (while adding that some of Gemini’s models are … Read more
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