The Asia-Pacific region’s spending on AI-based systems and technology is expected to reach $5.5 billion in 2019, according to a new report
Chairman Douglas Wheat took home more money than any other director of a US-domiciled company
The governments of Japan, India and Sri Lanka have struck a deal to jointly develop a terminal at the Port of Colombo in order to meet the growing importance of the Indian Ocean to world trade
Daily Overview of Global Markets & the SEE Region (Tuesday, 21 May, 2019)
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Asian bourses posted modest gains today after the US administration temporarily eased trade restrictions imposed last week on China’s Huawei, the world’s largest telecommunications equipment maker. On the flip side, European equity markets opened in positive territory earlier today, but gains were limited on the back of lingering worries over whether a...
Renminbi ‘weaponisation’ talk overblown, OMFIF-Oesterreichische Nationalbank meeting
Commentary: Renminbi ‘weaponisation’ talk overblown
By Mark Sobel in Washington
A media furore has flared over whether China will dump US Treasury holdings or ‘weaponise’ the renminbi. The debate is entertaining, but misses the mark. In spite of much rumour and conjecture, in the past China has consistently neither acted to ‘dump’ or ‘weaponise’ its Treasuries, nor shown interest in doing so. Instability is...
Singapore shipowner joins seed funding giant to bring lessons from digital world into the maritime industry
The compensation is for the unlawful detention of Greenpeace’s ship and its 30 crew.
The 3DMSI laser scanner at work in Falmouth Dry Dock
3DMSI scans the horizon and identifies a great opportunity
Imagine there was a technology that could provide a 3D scan of the interior and exterior of a ship, including its systems, and synchronise that with the data provided by the ship’s own onboard sensors. That’s the breakthrough idea which 3DMSI plans to bring to market, with the support of an £80,000 grant from Marine-i.
Part funded by the European Regional Development Fund, Marine-i is...