Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
1970-01-01 08:00
Argentina’s Milei Says Caputo Has Expertise To Be Economy Chief
Argentine President-elect Javier Milei lauded former central bank president Luis Caputo Wednesday, acknowledging he has the expertise to
1970-01-01 08:00
OPEC+ Struggle Over African Quotas Forces a Delay to Meeting
Saudi Arabia and its oil allies are once again struggling with a dispute over output quotas for African
1970-01-01 08:00
Altman Is Back at OpenAI, But Questions Remain as to Why He Was Fired in First Place
Sam Altman is returning to lead OpenAI less than five days after his surprise dismissal, which kicked off
1970-01-01 08:00
Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom
Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates
1970-01-01 08:00
UAE Plans to Build More Solar Power, Batteries in Green Push
The United Arab Emirates will add more solar power plants and battery storage sites in the oil-rich nation’s
1970-01-01 08:00
China Must Avert ‘Hard Decoupling,’ Ex-PBOC Adviser Says
China needs to prevent any “hard decoupling” from the global economy as the world becomes more politically divided,
1970-01-01 08:00
Larry Summers Jumps to Center of AI Stage With OpenAI Board Seat
Late on Tuesday night, OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with
1970-01-01 08:00
AI-Led Chip Rally Drives Taiwan Stock Gauge to 19-Month High
Taiwan’s benchmark stock gauge climbed to its highest closing level since April 2022 as the artificial intelligence theme
1970-01-01 08:00
UAE’s Biggest Oil Producer, Santos to Work on Carbon Capture
The United Arab Emirates’ main oil producer and Australia’s Santos Ltd. agreed to work together on carbon management
1970-01-01 08:00
Dubai’s First Privatization in a Year Sells Out in an Hour
Dubai Taxi Co.’s initial public offering of as much as 1.16 billion dirhams ($315 million) received enough orders
1970-01-01 08:00
TSMC Weighs Third Japan Chip Plant With Cutting-Edge 3nm Tech
Taiwan Semiconductor Manufacturing Co. is considering building a third plant in Japan that would make advanced 3-nanometer chips,
1970-01-01 08:00