Business, General, News Asia-Pacific markets climb; China loan prime rates and RBA minutes in focus August 20, 2024 China’s loan prime rates are expected to be held at 3.35% for the one-year LPR and 3.85% for the five year LPR, according to a Reuters poll.
European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive’ The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy…
Trump’s tariff threats signal the start of a wild ride in currency markets Donald Trump’s vow to implement additional tariffs on China, Canada and Mexico signals the start of a wild ride in…
EuroLLM Released: A Suite of Open-Weight Multilingual Language Models (EuroLLM-1.7B and EuroLLM-1.7B-Instruct) Capable of Understanding and Generating Text in All Official European Union languages Large language models (LLMs) have revolutionized natural language processing and artificial intelligence, enabling a variety of downstream tasks. However, most…