TOKYO / WAM Japan’s current account surplus expanded 41.8 percent from a year earlier to 2.85 trillion yen ($18 billion) in May, the Finance Ministry said Monday. According to Kyodo News, primary income came to a 4.21 trillion yen surplus, the largest since comparable data became available in 1985. It marked a 13 percent year-on-year increase. The total surplus in …

ABU DHABI / WAM TRENDS Research and Advisory has released a new research study titled “The Rise of Generative AI,” highlighting the immense potential of this innovative technology to revolutionise various fields of creativity and multimedia content. The study provides a comprehensive overview of the concept of generative AI. It discusses its diverse text, audio, image, and video applications. The …

GENEVA / WAM DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – briefed a select group of trade experts on its latest Future of Trade 2024 report at an event held at the World Trade Organisation headquarters in Geneva, Switzerland. The briefing featured high-level officials and regulators including WTO Director-General Dr …