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09 Jan China to persist with AI development efforts in 2024, despite setbacks from rigid US semiconductor restrictions, UBS analysts say

Posted at 14:30h in Asia

China is expected to “work within those constraints and try to make progress” by tapping into domestic AI accelerator programmes and being more economical in using computing resources, said Nicolas Gaudois, head of Asia-Pacific technology research at UBS, during a webinar hosted by the...

09 Jan China to solidify its position as world’s top car exporter in 2024 as it banks on manufacturing heft: UBS

Posted at 12:00h in Asia

Chinese carmakers are expected to sell 5 million vehicles overseas in 2024, with much of the demand coming from developing markets such as Southeast Asia and firmly establishing China as the world’s No 1 exporter, according to the latest forecast by UBS.The Swiss bank...

09 Jan Moody’s says green tech, ESG and sustainability requirements will shape credit outlook in 2024

Posted at 09:00h in Asia

“Green technology and disruptive innovation will increasingly drive investment and business decisions in sectors most exposed to the carbon transition, but lacklustre economic conditions and geopolitical strains will pose hurdles to net-zero ambitions,” Moody’s analysts led by vice-president and senior credit officer Rebecca Karnovitz...

09 Jan China’s retail sales to weaken this year as falling home prices, jobs outlook feed consumer insecurity: UBS

Posted at 00:00h in Asia

Falling home prices and fears about job prospects will deter Chinese consumers from freely spending on goods such as clothes and home appliances, weighing on the nation’s retail sales growth, according to UBS.Retail sales are expected to climb 5.5 per cent in 2024, one...

08 Jan Chinese stocks’ darkest days may be over as earnings rebound, property recovery seen lifting gloom in 2024 – UBS

Posted at 09:00h in Asia

The worst may be over for Chinese stocks after three straight years of losses dealt a US$1.4 trillion wipeout, as a recovery in corporate earnings takes hold amid a ramp-up in policy support in the world’s second largest economy, according to Swiss bank UBS Group.An...

UBS Tag

09 Jan China to persist with AI development efforts in 2024, despite setbacks from rigid US semiconductor restrictions, UBS analysts say

09 Jan Moody’s says green tech, ESG and sustainability requirements will shape credit outlook in 2024

09 Jan China’s retail sales to weaken this year as falling home prices, jobs outlook feed consumer insecurity: UBS

08 Jan Chinese stocks’ darkest days may be over as earnings rebound, property recovery seen lifting gloom in 2024 – UBS

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