China set to benefit as South Africa looks to diversify away from US

Hong Kong’s insurance sector is expected to face record claims of HK$2.6 billion (US$334 million) related to the deadly fire in Tai Po, the worst in the city’s history that claimed 55 lives and seriously damaged seven buildings, according to industry insiders. The fire would lead to a surge in insurance payments for personal and property coverage in the coming year, they said. The Insurance Authority on Thursday set up a special task force led by senior executives to ensure all insurance… Source link India Concurrent Gainers: 10 smallcap… Airbus A320 Flight: How a… Cyclone Ditwah:India sends relief… Express…

Chinese artificial intelligence start-ups Moonshot AI and MiniMax have emerged as China’s strongest contenders to rival US frontier labs in 2025 – even as DeepSeek has stolen the spotlight as the poster child for the country’s AI ambitions. Moonshot AI, founded by 33-year-old Yang Zhilin, has sharply raised its profile in China’s AI ecosystem with the launch earlier this month of Kimi K2 Thinking, an upgraded reasoning model. The system outperformed OpenAI’s GPT-5 and Anthropic’s Claude Sonnet… Source link India Concurrent Gainers: 10 smallcap… Airbus A320 Flight: How a… Cyclone Ditwah:India sends relief… Express journalist wins Dr… Stock Market…

Despite the US’s economic success, income inequality remains breathtaking. But this is no glitch – it’s the system The Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many…