Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
SoftBank has sold Nvidia, T-Mobile stakes to fund OpenAI commitment SoftBank could tap undrawn margin loan backed by…
Hollywood blockbuster keeps Wall Street hooked, oil jumps on Venezuela blockade
Item 1 of 2 Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American…
Equities fall with US Treasury yields after data, oil sinks
MSCI’s global index falls 0.5%, S&P 500 ends down slightly after US jobs data US adds jobs in…
China’s economy stalls in November as calls for reform grow
Factory output, retail sales grow at weakest pace in over a year Data highlight weak domestic demand alongside…
China’s car sales extend decline in November in biggest drop in 10 months
Car sales -8.5% y/y in Nov vs -0.8% y/y in Oct Boost from front-loading of govt subsidised purchases…
China’s exports top expectations on strong sales to non-US markets
Exports top expectations as non-US shipments lead amid high US tariffs Imports underperform, pointing to still-subdued domestic demand…
Hong Kong to focus on mental health support after fire, seek smoking ban at sites
Hong Kong authorities will make mental health support for people affected by the Tai Po blaze a priority…
Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
Nikkei falls 1.5%, shares elsewhere subdued Japan spending data weak BOJ widely expected to hike rates this month…
AI companies’ safety practices fail to meet global standards, study shows
Item 1 of 2 Open AI and Anthropic logos are seen in this illustration taken on September 12,…
Sustainable Switch Climate Focus: Southeast Asia flood deaths reach 241
Nov 28 – This is an excerpt of the Sustainable Switch Climate Focus newsletter, where we make sense…
Alibaba starts selling Quark AI glasses in China, enters global wearables race
SHANGHAI, Nov 27 (Reuters) – Alibaba (9988.HK), opens new tab released on Thursday its new Quark artificial intelligence…
Hong Kong’s New World Development to reduce $1.3 billion of its debt after early bond swap
HONG KONG, Nov 18 (Reuters) – Embattled New World Development (0017.HK), opens new tab said on Tuesday it…