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Regulators take aim at AI to protect consumers and workers
Regulators take aim at AI to protect consumers and workers
As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when using AI
2023-05-26 17:24
Singapore Presidential Race Attracts One More Ex-GIC Veteran
Singapore Presidential Race Attracts One More Ex-GIC Veteran
The former chief investment officer of Singapore sovereign wealth fund GIC Pte. and chairman of multibillion-dollar investment firm
2023-07-19 11:20
Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
SHANGHAI/HONG KONG Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a
2023-07-06 07:18
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets
Cyber catastrophe bonds may be about to move out of the shadows of private deal-making and into the
2023-11-12 22:18
US recession will prompt 175 basis points in Fed cuts next year, DB economists say
US recession will prompt 175 basis points in Fed cuts next year, DB economists say
By Lewis Krauskopf NEW YORK The Federal Reserve will cut rates more aggressively than markets are currently pricing
2023-11-28 04:45
Some Chinese institutions borrow at 50% rate as liquidity squeezed
Some Chinese institutions borrow at 50% rate as liquidity squeezed
SHANGHAI Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as
2023-10-31 21:25
Dutch PM Rutte Quits After Migration Clash Splits Coalition
Dutch PM Rutte Quits After Migration Clash Splits Coalition
Dutch Prime Minister Mark Rutte said he’s leaving politics after his coalition government collapsed amid infighting over migration
2023-07-10 20:58
UBS Appoints Richard Wilks as Head of ECM APAC Syndicate
UBS Appoints Richard Wilks as Head of ECM APAC Syndicate
UBS Group AG named Richard Wilks as head of equity capital markets syndicate in Asia Pacific and Kevin
2023-08-22 14:20
SEC probes Change Company over mortgage-backed securities sold to Wall Street - Bloomberg News
SEC probes Change Company over mortgage-backed securities sold to Wall Street - Bloomberg News
The US Securities and Exchange Commission (SEC) is probing The Change Company, a California lender that pledges to
2023-08-29 00:21
Western Digital and Japan’s Kioxia Seek to Reach Merger Deal by August
Western Digital and Japan’s Kioxia Seek to Reach Merger Deal by August
Western Digital Corp. and Kioxia Holdings Corp. — after months of talks — aim to reach a merger
2023-07-15 02:25
Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG Cola Yao earns 40% less than last year promoting credit
2023-07-28 07:30
Chaos is the strategy for the UAW's new president
Chaos is the strategy for the UAW's new president
UAW President Shawn Fain has become the X factor in the striking autoworkers' pursuit of increased pay and benefits, injecting a level of chaos into negotiations that neither the automakers nor the White House predicted or quite know how to manage.
2023-09-16 00:49