Author: i2wtc
Eakarat Buanoi | Istock | Getty ImagesLISBON, Portugal — Top tech executives told CNBC they’re concerned about a bubble forming in the artificial intelligence sector, underscoring growing unease within the industry over soaring valuation.In recent weeks, markets have been reckoning with the notion that too much capital is pouring into the AI boom, clouding the outlook on revenue and actual profit and putting high valuations into question.Up to now, warnings around overstretched valuations have mostly come from investors and leaders in the world of finance. Goldman Sachs’ David Solomon and Morgan Stanley’s Ted Pick have warned of potential corrections as…
Interior Minister Mohsin Naqvi shakes hands with Director General of the UK’s NCA Graeme Biggar in Islamabad. Photo: APP ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday met with Director General of the United Kingdom’s National Crime Agency (NCA), Graeme Biggar, to discuss expanding bilateral cooperation in key areas of security and law enforcement. The meeting, held in Islamabad, was also attended by British High Commissioner Jane Marriott, National Coordinator of NACTA, DG NCCIA, DG National Forensic Agency, Additional Secretary Interior, Chief Commissioner Islamabad, and IG Islamabad Police. Both sides held detailed discussions on strengthening collaboration in counter-terrorism, narcotics control, human…
PM releases funds amounting to Rs21.44b, remaining to be paid by October. PHOTO: FILE ISLAMABAD: The Finance Division has refused to allocate funds under the Public Sector Development Programme (PSDP) in the ongoing fiscal year for reduction in loans of the power sector. During discussions in a recent meeting of the Economic Coordination Committee (ECC), the Power Division highlighted the background of the proposal. It told the forum that for loan adjustments, the authorisation of the Ministry of Planning was required. It said that PSDP allocation, in particular, was needed to reduce the loan portion, adding that it should be…
Tan Su Shan, chief executive officer of DBS Group Holdings Ltd., speaking at the Singapore Fintech Festival in Singapore, on Nov. 12, 2025. Bloomberg | Bloomberg | Getty ImagesSINGAPORE – Amid fears of an artificial intelligence bubble, much has been made of recent reports suggesting that AI has yet to generate returns for companies investing billions into adopting the tech. But that’s not what the chief executive of Southeast Asia’s largest bank is seeing — she says her firm is already reaping the rewards of its AI initiatives, and it’s only just the beginning. “It’s not hope. It’s now. It’s already happening.…
China’s first Type 076 amphibious assault ship, PLANS Sichuan, sets sail from the port of Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in east China’s Shanghai, Nov. 14, 2025. (Photo by Zhang Liang/Xinhua)SHANGHAI, Nov. 14 (Xinhua) — China’s first Type 076 amphibious assault ship, PLANS Sichuan, set sail from east China’s Shanghai on Friday morning to conduct its first navigation test mission.The sea trial will focus on testing and verifying the reliability and stability of the ship’s power, electrical and other systems.The indigenously developed vessel was put into the water in December 2024 at a launch and naming ceremony. It was given the…
A major theft of distribution boxes installed as part of the Safe City project has occurred near Bilawal House in Karachi, raising concerns regarding the project’s security. Director General Safe Cities Authority, Asif Ijaz Sheikh, said the distribution boxes installed for the Safe City cameras were stolen, prompting authorities to remove the cameras from their mounts for safety. Sheikh confirmed that the stolen boxes were connected to cameras near Bilawal House Chowrangi. “Following the theft, the cameras were switched off and removed from the poles,” he added. This was Phase 1 of the Safe City project, scheduled to be completed…
A total of 26,774 students were registered for the examinations, of which 25,907 appeared The Board of Intermediate Education Karachi has announced the results of the Intermediate Part-I Commerce (Regular) Annual Examinations 2025. According to the Controller of Examinations, Zarina Rashid, a total of 26,774 students were registered for the examinations, of which 25,907 appeared. Among them, 10,399 students passed all seven papers, while the remaining candidates cleared between one and six papers. Read More: CM restructures BIEK BoG The detailed breakdown shows that 3,293 students cleared six papers, 3,213 passed five, 2,572 managed to pass four, 2,280 cleared three,…
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 13, 2025 in New York City. Spencer Platt | Getty Images U.S. markets had their worst day since Oct. 10. That marks a sharp reversal for the Dow Jones Industrial Average, which shed 1.65% to settle at 47,457.22, a day after it closed above 48,000 for the first time. Meanwhile, the S&P 500 lost 1.66% and the Nasdaq Composite tumbled 2.29%.The slump in stocks can partly be traced to a turnaround in sentiment regarding artificial intelligence. Tech behemoths such as Nvidia, Broadcom and Oracle slumped, with…
The mascot is seen during the opening ceremony of China’s 15th National Games in Guangzhou, south China’s Guangdong Province, Nov. 9, 2025. (Xinhua/Li Yibo)GUANGZHOU, Nov. 13 (Xinhua) — Outside roaring stadiums hosting China’s ongoing 15th National Games, two mascots with fluffy round heads and chubby bellies have captured both the nation’s heart and its bandwidth.Resembling playful, anthropomorphized chicks, this duo — mistakenly dubbed the “greater bay chicks” by netizens, has hatched a social media frenzy of memes and clips chronicling their every bounce and mischief, amassing 640 million views on Douyin, a popular short-video platform in China.In reality, the “greater…
KSE-100 index gains 2,473 points amid political stability, security success, and calmer regional outlook The Pakistan Stock Exchange (PSX) extended its winning streak on Thursday, with the benchmark KSE-100 Index surging 2,473.55 points, or 1.56%, to close at 160,657.50. Trading remained robust throughout the session, as the index touched an intra-day high of 160,944.51 and a low of 158,971.49. The upbeat sentiment reflected renewed investor confidence driven by political progress, improved security conditions, and a calmer regional outlook. The rally was broad-based, with major sectors such as cement, fertiliser, and oil & gas leading the charge. Investor confidence improved sharply…