Tag: business news
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Bank of Korea holds rates after President Lee calls for boosting housing supply
Economists polled by Reuters had forecast the Bank of Korea to hold rates.
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Sovereign wealth funds’ China and Hong Kong investments surge 190% after a bruising slump
Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.
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Inside India newsletter: Asia’s hottest data center market aims to quell concerns over water and power use
India is grappling with growing public anger against data centers that pose a threat to its ambitions to host the whole world’s data.
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Anthropic announces preview of Claude Duet, a personal AI agent to take on Muse, Dots
Claude Duet follows the launch of competing products from Meta and OpenAI, which have shown traction with users.
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Anthropic appoints physicist Christopher Stubbs to its Long-Term Benefit Trust
Anthropic’s Trust is independent from the company’s management and investors, and it has the ability to appoint “a majority” of the AI company’s board.
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Expanding AI trade is turning safety stocks into a ‘Texas hedge’
The growing AI trade is infiltrating traditionally safe sectors like utilities, making hedging more difficult.
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New Mexico AG lawsuit accuses Epstein’s attorney and accountant of facilitating sex trafficking
Darren Indyke and Richard Kahn allegedly helped finance and conceal Epstein’s sex trafficking, which included abuse at his Zorro Ranch, a lawsuit says.
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Meta and Tesla bulls get confidence boost after SpaceX earnings
A big rally in SpaceX after earnings is giving hope to Meta and Tesla bulls ahead of their reports due Wednesday afternoon.
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Earnings season is in full swing. These are Morgan Stanley’s highest conviction plays
Morgan Stanley expects a handful of stocks that are reporting quarterly results soon to see big gains. Here’s the list
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Government websites in Europe and elsewhere go dark as software flaw sparks security scramble
A raft of websites, including European government sites, went offline after critical vulnerabilities in programming language PHP were found. A fix was deployed.
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