The IMF raised South Korea's 2026 GDP growth forecast by 0.7 percentage points to 2.6%, the largest upgrade among major economies, driven by semiconductor exports and AI hardware demand. Samsung Elect…
The International Monetary Fund raised its 2025 growth forecast for South Korea to 2.6%, the largest upgrade among 30 major economies, citing strong semiconductor and AI-related exports. The IMF's Jul…
The IMF's updated economic forecast reveals a widening global divide driven by an energy shock from Middle East conflict and a positive AI technology shock, with the US benefiting from AI investments …
The IMF, BIS, and Bank of England have warned that leveraged AI investments pose systemic financial risks beyond inflated valuations. Record margin debt and leveraged ETF growth have created condition…
An economist with no software engineering background built a Retrieval-Augmented Generation (RAG) research tool to help analysts quickly extract insights from dense financial and policy documents. The…
Snowflake has launched operations in Chile, citing the country's strong economy and startup ecosystem. The company will establish a local team to help organizations leverage its AI Data Cloud for data…
Employment for software engineers aged 22 to 25 has fallen roughly 20% since late 2022, according to Stanford analysis of 25 million payroll records, as AI tools and a broader recession squeeze entry-…
ECB President Christine Lagarde warned that artificial intelligence could trigger financial crises and called for global AI governance modeled on Cold War-era nuclear non-proliferation treaties. The E…
Agentic AI is transforming cross-border payments by enabling systems to autonomously plan, execute, and manage multi-step workflows—such as real-time treasury optimization and payment orchestration—wi…
Data centers are becoming the factories of the 21st century, consuming half of US electricity demand growth and driving $4-7 trillion in buildout through 2030. Hyperscalers are spending up to 57 cents…