Top Chinese property firms are grappling with nearly $3 billion in forex losses this year, mainly due to U.S. dollar loans as the yuan weakens. This adds more stress to their cash-strapped operations. A study by Nikkei Asia shows 24 top Chinese firms lost 21.25 billion yuan ($2.75 billion) in the first half. These paper […]
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21-year-old whose speech was impaired by tumor has voice replicated through AI smartphone app
The voice Alexis “Lexi” Bogan had before last summer was exuberant. She loved to belt out Taylor Swift and Zach Bryan ballads in the car. She laughed all the time — even while corralling misbehaving preschoolers or debating politics with friends over a backyard fire pit. In high school, she was a soprano in the […]
Global Markets React to U.S. Payroll Data
This Friday morning, New York’s future indices are declining after the ADP report revealed an unexpected rise in private-sector jobs. The market is now focused on the upcoming U.S. payroll data. These figures will shed more light on the labor market’s condition and, by extension, the U.S. economy. In Brazil, the IGP-DI index, expected to […]