China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
1970-01-01 08:00
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state
1970-01-01 08:00
Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
1970-01-01 08:00
Barclays Hires Moelis’s Lee Counselman for Tech Investment Banking
Barclays Plc has hired Lee Counselman as a managing director in its technology investment banking group focused on
1970-01-01 08:00
Brevan Howard Hires New Mideast CEO From Ares
Brevan Howard Asset Management has appointed Oualid Lahsini as chief executive officer of its Middle East business. Lahsini,
1970-01-01 08:00
Superconductor Stocks’ Wild Swings Are Getting Risky
Recent excitement around all things superconductor has sent shares of companies deemed related to the technology on a
1970-01-01 08:00
Biden Seeks $13 Billion for Ukraine Defense as GOP Protests
President Joe Biden set up a clash with House Republicans by asking lawmakers to approve billions more dollars
1970-01-01 08:00
UK Firms Aren’t Meeting Emissions Targets
Most UK companies aren’t setting targets to cut their emissions, putting them on a collision course with increasingly
1970-01-01 08:00
Alibaba Chief Warns of Constraints as China AI Training Ramps Up
Alibaba Group Holding Ltd. hasn’t been able to completely fulfill demand for AI training from clients because of
1970-01-01 08:00
Virgin Galactic Is Set to Fly First Private Tourists to Space
Virgin Galactic Holdings Inc. is poised to launch its first private space tourists on Thursday morning, the company’s
1970-01-01 08:00
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
1970-01-01 08:00
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
1970-01-01 08:00