Global market | China sets course for a cooling of the yuan rally and relaxes currency forward rules

China’s central bank has stepped in to tame the yuan’s rapid rise, announcing it will eliminate currency reserve requirements for certain futures contracts, a move seen as boosting dollar buying and cooling the currency’s recent rise.The decision follows a sharp rally in the yuan, which rose to a nearly three-year high against the U.S. dollar […]

Humans& thinks coordination is the next step for AI, and they’re building a model to prove it | TechCrunch

AI chatbots are getting better at answering questions, summarizing documents, and solving math equations, but they still largely act like helpful assistants for one user at a time. They’re not designed to handle the messier work of true collaboration: coordinating people with competing priorities, tracking long-term decisions, and keeping teams aligned over time. Humans&, a […]

The Chinese yuan hits a new 14-month high after dollar weakness

China’s yuan climbed to a new 14-month high against the dollar on Monday as broad-based weakness in the US currency overcame concerns about an economic slowdown at the Asian giant and a softer-than-expected official forecast correction. Higher seasonal business demand also supported the yuan, as exporters typically convert a larger share of foreign exchange receipts […]

“What do people even fight for?”: Fans respond that ranked hunter is not again signed, the largest MMA stories of the week

#Justiceforbuday. Ok, the hashtag has not (yet) swept about social media, but many fans remained confused, bewildered and angry (the latter was probably only me) at the news that UFC heavyweight Martin Buday was not again signed despite the beating of the highly promoted Marcus Buuchecha last weekend, with a three-like win, and a general […]