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India's Adani Enterprises shares rocket 20%
India's Adani Enterprises shares rocket 20%
by  AFP

Shares in the flagship firm of troubled Indian conglomerate Adani rocketed as much as 20 percent Tuesday, making up some of the huge slump suffered since last month. Adani Enterprises, the group's flagship firm, soared on Tuesday, with trading suspended three times as they went up 20 percent.

China's Baidu says developing AI chatbot
China's Baidu says developing AI chatbot
by  AFP

Chinese search engine giant Baidu on Tuesday said it was developing an AI-powered chatbot, as tech giants rush to match the success of ChatGPT, a hugely popular language app that has sparked a gold rush in artificial intelligence technology.

Asian markets rebound from Fed sell-off but traders still uneasy
Asian markets rebound from Fed sell-off but traders still uneasy
by  AFP

Asian markets squeezed out gains Tuesday, giving investors some relief from a recent sell-off fuelled by worries that US interest rates will go higher than feared following last week's blockbuster jobs report. He told Bloomberg News: "I would expect that that would translate into us raising interest rates more than I have projected right now."

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