Town Hall News

SHANGHAI (Reuters) – Alibaba Group Holding Ltd on Tuesday unveiled Tongyi Qianwen, an AI large language model similar to GPT that it plans to integrate into all of the company’s business applications in the near future. It will first be integrated into DingTalk, Alibaba’s workplace messaging app and it can be used to summarise meeting notes, write emails and draft business proposals, the company said in a statement.    It will […]

By Brendan O’Brien (Reuters) -A 23-year-old bank employee armed with a rifle shot dead five colleagues and wounded nine other people at his workplace in Louisville on Monday while livestreaming the attack on social media, police said. The gunman was fatally shot at the scene, Louisville police said. It was unclear whether he was slain by police or took his own life. The incident marked the latest in a long […]

BEIJING (Reuters) – China’s consumer inflation in March hit the slowest pace since September 2021, driven by falling food prices, official data showed on Tuesday, suggesting demand weakness persists amid an uneven economic recovery. Producer deflation extended into a sixth month. The consumer price index (CPI) for the month rose 0.7% year-on-year, compared with the 1.0% annual gain seen in February, said the National Bureau of Statistics (NBS). The result […]

By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) – South Korea’s central bank on Tuesday held interest rates steady for a second consecutive meeting, as expected, saying inflation remained the prime policy target even as economic growth would likely miss its projection. The Bank of Korea said its seven-member monetary policy board voted to keep the base rate unchanged at 3.50%, as it did on Feb. 23. It said in […]

HONG KONG (Reuters) -Shares of Chinese artificial intelligence (AI) company SenseTime surged as much as 11% on Tuesday, a day after it unveiled a series of new AI-powered products as it joins a global race to dominate the sector. China’s Alibaba Group Holdings and Japan’s Softbank Group Corp are both invested in the Chinese AI company. SenseTime’s shares rose to as high HK$3.70, up 11.1% from its previous close but […]

By Kanishka Singh (Reuters) -The five people shot dead in a shooting on Monday in downtown Louisville, Kentucky, were all colleagues of the suspect who gunned them down, and two of them were close friends of Kentucky Governor Andy Beshear. Police identified the dead as Joshua Barrick, 40; Thomas Elliot, 63; Juliana Farmer, 45; James Tutt, 64; and Deana Eckert, 57. “I have a very good friend who didn’t make […]

HONG KONG (Reuters) -Shares of Chinese artificial intelligence (AI) company SenseTime surged as much as 11% on Tuesday, a day after it unveiled a series of new AI-powered products as it joins a global race to dominate the sector. China’s Alibaba Group Holdings and Japan’s Softbank Group Corp are both invested in the Chinese AI company. SenseTime’s shares rose to as high HK$3.70, up 11.1% from its previous close but […]

By Kanishka Singh (Reuters) -The five people shot dead in a shooting on Monday in downtown Louisville, Kentucky, were all colleagues of the suspect who gunned them down, and two of them were close friends of Kentucky Governor Andy Beshear. Police identified the dead as Joshua Barrick, 40; Thomas Elliot, 63; Juliana Farmer, 45; James Tutt, 64; and Deana Eckert, 57. “I have a very good friend who didn’t make […]

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar paused for breath on Tuesday following its best rally this month against major peers as a resilient U.S. labour market bolstered the case for a Federal Reserve rate hike next month. The yen, which is highly sensitive to long-term U.S. bond yields, managed to claw back some of Monday’s more than 1% slide, as the 10-year Treasury yield also slowed down […]