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On October 15th, at 8:11 AM, DeepSeeks website and app began experiencing service outages. The official service status page displayed "DeepSeek website/API service partially interrupted." As of 11:30 AM, DeepSeek had still not restored normal service, and the outage had lasted for over 3 hours. Industry analysts suggest the crash may have stemmed from a computing power supply issue. Regarding the cause and specific details of the crash, DeepSeeks official service status records show at least 10 large-scale outages this year, including reports of "service unavailable" and "service anomalies," as well as more frequent reports of "performance degradation."On October 15th, renowned white-hat security researcher Yuki Chen announced his joining Zhipu. He stated on social media that he will leverage cutting-edge AI technology to build a more secure cyberspace. Chen previously served as the director of the 360 Vulnerability Research Institute.Japanese Minister of Economy, Trade and Industry Ryosuke Akazawa: Chip projects are of great significance in the era of artificial intelligence.Japanese Economy, Trade and Industry Minister Ryosuke Akazawa: The United States and Japan have reached an agreement on the first chip project under a $550 billion cooperation plan.October 15 (Yonhap) -- A poll released on the 15th showed that South Korean President Lee Jae-myungs approval rating was 44%. This is a one-percentage-point increase from the 43% recorded in the previous two polls. 43% is Lee Jae-myungs lowest approval rating since taking office. The percentage of those who rated Lee Jae-myungs performance as "poor" was 49%, a one-percentage-point decrease from the previous poll. 7% answered "dont know" or did not answer. By age group, except for those in their 40s and 50s, negative evaluations of Lee Jae-myungs performance were predominant in all other age groups. Regarding party support, the Democratic Party and the People Power Party received 33% and 28% support respectively, with the former decreasing by 2 percentage points from the previous poll and the latter increasing by 3 percentage points.

At The Close of Trading, Saudi Arabian Stocks Fell 1.30 Percent

Skylar Williams

Nov 28, 2022 16:25

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After the Saudi Arabian market closed on Sunday, the Agriculture & Food, Building & Construction, and Industrial Investment sectors led the decrease in stocks.


At the closing of trading in Saudi Arabia, the Tadawul All Share dropped 1.30 percent to a fresh 6-month low.


Tourism Enterprise Co. (TADAWUL:4170) had the strongest performance on the Tadawul All Share during the session, increasing 9.5% or 2.90 points to 32.05. Dr Sulaiman Al Habib Medical Group (TADAWUL:4013) gained 2.38 percent, or 5 points, to close at 215.00 and Arabian Drilling Co (TADAWUL:2381) gained 2.08 percent, or 2.40 points, to 117.60 in late trading.


Malath Cooperative Insurance Co (TADAWUL:8020) had the worst performance during the trading day, sliding 9.69%, or 1.18 points, to 11.00 at the closing. Al Yamamah Steel Industries Co (TADAWUL:1304) closed at 23, down 8.00%, or 2.00 points, while United Wire Factories Company (TADAWUL:1301) closed at 24, down 8.15%, or 2.15 points.


On the Saudi Arabia Stock Exchange, the ratio of decreasing to rising stocks was 201 to 43, with 11 finishing unchanged.


Malath Cooperative Insurance Co (TADAWUL:8020) shares fell 9.69%, or 1.18 points, to 11.00, a 52-week low. United Wire Factories Company (TADAWUL:1301) shares declined 8.16 percent, or $2.15, to settle at $24.20, representing a 52-week low. Al Yamamah Steel Industries Co (TADAWUL:1304) shares fell 8.00%, or $2.00, to $23.00, marking a 52-week low.


The January price of a barrel of crude oil declined by 1.78 percent, or $1.39, to $76.55 per unit. Brent oil for February delivery remained unchanged by 0.00% or $0.00 at $83.71 per barrel, whereas the December Gold Futures contract increased by 0.54% or $9.40 to $1,755.00 per troy ounce.


EUR/SAR stayed stable at 3.91, whilst USD/SAR was steady at 3.76.


US Dollar Index Futures were down 0.03% at 105.94.

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