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Chinese AI firm Zhipu reported a 60% surge in 2025 net losses to 4.7 billion yuan, exceeding estimates, while revenue rose to 724.3 million yuan, missing forecasts. The results, its first since a $558 million Hong Kong IPO, highlight intense competit

2026-03-31

Chinese AI firm Zhipu reported a 60% surge in 2025 net losses to 4.7 billion yuan, exceeding estimates, while revenue rose to 724.3 million yuan, missing forecasts. The results, its first since a $558 million Hong Kong IPO, highlight intense competition with players like Alibaba Group Holding Ltd.. Zhipu provides cloud AI services and custom solutions, and recently launched its GLM-5 model supporting domestic chips including Huawei Technologies Co.’s Ascend. It plans a Star Market listing with China International Capital Corp. and Guotai Haitong.

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2026-03-31

According to Al Jazeera: Israel intercepted an Iranian missile; no casualties have been reported.

According to Al Jazeera: Israel intercepted an Iranian missile; no casualties have been reported.
2026-03-31

The Bank of Korea reported that net foreign exchange transactions used for market intervention in the fourth quarter of 2025 amounted to -$22.467 billion, compared to -$1.745 billion in the third quarter.

The Bank of Korea reported that net foreign exchange transactions used for market intervention in the fourth quarter of 2025 amounted to -$22.467 billion, compared to -$1.745 billion in the third quarter.
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