SINGAPORE: China has received a new shipment of nearly 2 million barrels of Iranian oil in the past week at a southern port, according to shipping trackers, with one tracker saying the cargo is destined for state reserves. The 260,000 tonne cargo, carried by vessel Dorena which is owned by the National Iranian Tanker Corp (NITC), was discharged at Zhanjiang port, according … [Read more...] about China imports 2 mln barrels more of Iran oil, likely for reserves
Analytics
US labour market remains tight; business activity slowing
WASHINGTON: The number of Americans filing new claims for unemployment benefits edged down last week as labor market conditions remained tight, though a slowdown is emerging amid high inflation and rising interest rates. Despite the second straight weekly decline reported by the Labor Department on Thursday, claims are hovering near a five-month high. There have been job … [Read more...] about US labour market remains tight; business activity slowing
“Credit OK” introduces the “Protect Now Pay Later” installment program for SME insurance.
BANGKOK , June 24, 2022 /PRNewswire/ -- Credit OK , the technology platform that plays a significant role in Thailand's SMEs market, offers financial products for small and medium enterprises (SMEs) including credit facilities and insurance for small businesses. Credit OK remains focused on helping entrepreneurs to thrive. With the launch of the "Protect Now, Pay … [Read more...] about “Credit OK” introduces the “Protect Now Pay Later” installment program for SME insurance.
‘AI can predict outcomes, but not exercise judgment’
NO matter how intelligent machines will be, the human element is still needed when it comes to decisions involving law and judgments. But in the long run, using artificial intelligence (AI) in our justice system will help improve the quality of judgements and avoid lengthy and expensive litigation processes. That’s the view of the National Tech Association of Malaysia … [Read more...] about ‘AI can predict outcomes, but not exercise judgment’
IATF will no longer consider COVID growth rate in determining alert levels
PRECAUTION Barriers have been set up in several villages in Pasay City to prohibit nonresidents from going in and out of these communities as Metro Manila undergoes another round of lockdown to contain the spread of COVID-19. INQUIRER file photo / MARIANNE BERMUDEZ MANILA, Philippines — The government’s pandemic policy-making body will no longer take into account the … [Read more...] about IATF will no longer consider COVID growth rate in determining alert levels