APAC

Escalating geopolitical tensions, high oil prices seen as risk to Apac economies

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[ KUALA LUMPUR: The ripple effects of higher oil prices on Asia Pacific (APAC) economies and globally are expected to be felt if the current development of Middle East tension is not defused soon, said a research house. Moody’s Analytics, in its commentary note, said that the escalation of tensions in the Middle East over … Read more

APAC businesses to nearly triple spends on GenAI to USD 3.4 billion in 2024: Infosys Research

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[ NEW DELHI: Asia Pacific businesses are sprucing up investments in generative AI (GenAI) and projected to nearly triple spends on this technology to USD 3.4 billion in 2024 across Australia, New Zealand, China, Japan, India, and Singapore, according to Infosys Research. While the spending trails North America, APAC‘s adoption, effectiveness, and growth are among … Read more