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China retail sales grew at slowest pace in over a year
China retail sales grew at slowest pace in over a year
by  AFP

Retail sales in China grew last month at the slowest pace in over a year, official data showed Friday, highlighting the battle facing authorities' efforts to counteract persistent consumer malaise. Retail sales rose 2.9 percent on-year last month, data from the NBS showed, slightly lower than the three percent increase recorded in September.

Rise of the robots: the promise of physical AI
Rise of the robots: the promise of physical AI
by  AFP

A pair of swivelling, human-like robotic arms, built for physical artificial intelligence research, mirror the motions of an operator in a VR headset twirling his hands like a magician. Nevertheless, big deals are being struck, even as booming investment in artificial intelligence feeds fears of a stock market bubble.

Asian markets sink on concerns over tech rally, Fed rates
Asian markets sink on concerns over tech rally, Fed rates
by  AFP

Asian markets sank Friday, tracking a selloff on Wall Street as worries over next month's Federal Reserve interest rate decision and persistent speculation about a tech bubble dampened sentiment. The dimmer outlook for rates compounded worries that the tech sector may be overpriced after an AI-fuelled surge this year that has sent markets to records.

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