World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…
TENCENT Forges Publishing Agreement for Cross-Platform Game ‘Project Spirits’ with S Korea’s SHIFT UP AASTOCKS Financial News
You expressly agree that the use of this app/website is at your sole risk. AASTOCKS.com Limited, HKEx Information…
Dollar hedging frenzy fades, bringing relief to greenback
Investor hedging of dollar exposure has slowed, traders say Development supports case for dollar recovery BNY client data…
AI boom brings fresh risks to US markets, and more money to M&A
Citadel’s risk models show modern markets amplify shocks, volatility spikes hit harder McKinsey estimates $7 trillion needed for…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
Pension funds reject UK Plc proposal to get savers into local stocks
Pension industry warns against UK investment drive Executives have urged UK finance minister to boost domestic share purchases…
AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
Markets brace for life after global easing cycle
ORLANDO, Florida, Nov 6 (Reuters) – The global interest-rate cutting cycle has likely peaked. The question now is…
UK savers pulling cash from pensions ahead of budget, money managers say
Item 1 of 2 People carrying British Union Jack flag themed umbrellas walk past the Houses of Parliament…
Generali, Natixis owner likely to drop asset management deal, sources say
Item 1 of 2 The Generali logo is seen on the company’s Tower, designed by Iraqi-British architect Zaha…
Slow Ventures Broke Its Own Rule in Promoting Yoni Rechtman to Partner
In 2022, when Yoni Rechtman’s boss asked where he wanted to be in five years, the newly hired…
Investors managing $3 trillion in assets urge countries to stop deforestation
Item 1 of 2 An aerial view shows cattle grazing in a deforested area during an operation to…