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China says could buy up commercial housing to boost property market
China says could buy up commercial housing to boost property market
Economy
by  AFP

A top Chinese economic official said Friday the state could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis. And in a bid to boost the ailing market and ensure millions of unused homes go to those in need of housing, Beijing's State Council met Friday, state news agency Xinhua said.

Rapidus 'last opportunity' to put Japan back on global chip map
Rapidus 'last opportunity' to put Japan back on global chip map
Technology
by  AFP

Japan's Rapidus project that brings together some of the world's biggest companies is the "last opportunity" to put the country's once-dominant semiconductor sector back on the global map, its chairman warned. And its success should inspire young engineers to further growth Japan's chip sector, he added.

Putin in trade push on final day of China trip
Putin in trade push on final day of China trip
Economy
by  AFP

Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit aiming to promote crucial trade with China and win greater support for his war effort in Ukraine. Putin will hold a press conference with Russian media later in the day.

Chinese officials meet to mull support for developers: Bloomberg
Chinese officials meet to mull support for developers: Bloomberg
Economy
by  AFP

Chinese leaders are meeting Friday with top housing officials to discuss a possible plan for the government to buy millions of unsold homes in a bid to support the struggling property sector, Bloomberg reported. Among those plans could be a scheme by Beijing to have local governments purchase millions of unsold homes across the country, Bloomberg said.

Reddit gives OpenAI access to its wealth of posts
Reddit gives OpenAI access to its wealth of posts
Technology
by  AFP

OpenAI will have access to Reddit data for training its artificial intelligence models and will put its technology to work at the popular discussion platform, the companies said Thursday. OpenAI will access Reddit data in real-time, enhancing such content in ChatGPT and powering tools at the social media platform, the companies said.

'Grand Theft Auto VI' release set for late 2025
'Grand Theft Auto VI' release set for late 2025
Technology
by  AFP

Rockstar Games parent Take-Two Interactive on Thursday said the eagerly awaited video game "Grand Theft Auto VI" will be released in fall of 2025. Critics have from the beginning accused Grand Theft Auto of glorifying violence and encouraging players to engage in criminal behavior – allegations Take-Two executives have denied.