China Considers Moving Stakes in Bad Banks to Sovereign Wealth Fund
China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign
1970-01-01 08:00
Maverick Capital Reveals Early Ties to ChatGPT’s Sam Altman
Lee Ainslie’s hedge fund firm backed ChatGPT’s creator long before the chatbot became synonymous with the artificial-intelligence boom.
1970-01-01 08:00
US Existing-Home Sales Fall to Three-Month Low, While Prices Retreat
Sales of previously owned US homes fell to a three-month low in April, restrained by limited inventory and
1970-01-01 08:00
Risk of Summer Blackouts Stretches Into US Southeast for First Time
The risk of summer blackouts from heat waves has extended into the US Southeast and Ontario for the
1970-01-01 08:00
India Launches $2 Billion Drive to Woo Laptop Makers Like Apple
India is unveiling a 170 billion rupee ($2 billion) financial incentive plan to draw makers of laptops, tablets
1970-01-01 08:00
China Chip Firm Seeking to Rival ASML Weighs IPO Filing, Sources Say
Dongfang Jingyuan Electron Ltd., a semiconductor software firm, is weighing filing for an initial public offering in China
1970-01-01 08:00
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise as much as ¥300 billion ($2.2 billion) to
1970-01-01 08:00
Stan Druckenmiller, David Tepper Lead Family Offices Betting on AI
Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom
1970-01-01 08:00
Crypto’s Most Influential Companies Often Follow Their Own Rules — Even After FTX’s Collapse
Before it filed for bankruptcy last November, many of the entities in Sam Bankman-Fried’s colossal FTX empire had
1970-01-01 08:00
Jane Street, Jump Pull Back Crypto Trading Over US Regulatory Uncertainty
Jane Street Group and Jump Crypto — two of the world’s top market-making firms — are pulling back
1970-01-01 08:00
Fanatics to Buy PointsBet’s US Business in Sports Betting Push
Fanatics Inc. has acquired the US operations of PointsBet, helping accelerate the team apparel company’s push into the
1970-01-01 08:00
Founder Behind Historic China Bicycle Bust Starts Over in NYC
In February last year, a tiny coffee store with red neon signs opened at Gramercy Park, one of
1970-01-01 08:00