South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
2023-07-19 13:20
SEC’s Gensler Warns AI Risks Financial Stability
Wall Street’s top regulator says the proliferation of artificial intelligence means governments will probably have to overhaul regulations
2023-07-18 01:27
China’s Murky Debt Corner Faces Funding Squeeze
The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of
2023-07-16 04:29
UAE Suspends Gold Refinery Over Owners’ Alleged Laundering Links
The United Arab Emirates suspended the accreditation of one its biggest gold refineries over concerns that its owners
2023-07-14 19:52
OpenAI’s ChatGPT Bot Probed by FTC Over Consumer Harms
The US Federal Trade Commission has sent a request for information to startup OpenAI Inc. as part of
2023-07-13 23:00
JD.com Joins China’s AI Race With a Model for Enterprise Use
China’s second-largest e-commerce platform JD.com Inc. unveiled a large language model for enterprise use, joining domestic peers including
2023-07-13 14:46
London Bank Bonuses Plunged Across Board in 2022’s Deal Drought
The slump in dealmaking cut pay for investment bankers at almost every level of seniority in London last
2023-07-11 13:46
TSMC Sales Ride AI Demand Boost to Beat Estimates
Taiwan Semiconductor Manufacturing Co. reported better-than-expected sales on a boom in artificial intelligence applications demanding more of the
2023-07-10 13:58
Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
2023-07-10 12:57
Singapore Hedge Fund Files Wind-Up Case Against China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially
2023-07-10 10:23
Birkenstock Owner Considers IPO at $6 Billion-Plus Value
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for
2023-07-07 15:25
UK Tells Banks to Do More to Help Savers Access Best Rates
Banks must “accelerate” efforts to make it easier for customers to access their best savings rates, the latest
2023-07-07 02:21