Philippines Moves Closer to Wealth Fund Plan With Senate Nod
The Philippines moved a step closer to establishing a sovereign wealth fund after the Senate approved the bill,
1970-01-01 08:00
Turkish Economic Growth Accelerates, With Risk of Slowdown Ahead
Turkey’s economy expanded faster than expected at the start of the year, bolstered by pre-election spending and strong
1970-01-01 08:00
MFT Energy’s Profit Soars More Than 800% on Volatile Markets
Danish trader MFT Energy P/s boosted its profit for last year more than eightfold as price volatility soared
1970-01-01 08:00
Mexico Coke Bottler Femsa Sells €3.3 Billion Heineken Stake
Mexican Coca-Cola bottler Femsa sold about €3.3 billion of its shares in the Heineken Group, divesting its stake
1970-01-01 08:00
Handelsbanken to Sell Most of Finnish Unit for €1.3 billion
Swedish lender Svenska Handelsbanken AB has taken a major step toward exiting Finland after it struck agreements to
1970-01-01 08:00
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
1970-01-01 08:00
ChatGPT’s Riskiness Splits Biden Administration on EU’s AI Rules
Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated — and their
1970-01-01 08:00
Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
1970-01-01 08:00
Japan’s Second-Biggest Brokerage Weighs Purchase of M&A Boutique
Daiwa Securities Group Inc. will consider acquiring “strong boutique” firms in mergers and acquisitions, as it joins rivals
1970-01-01 08:00
Credit Suisse Notified by NYSE It’s Not Meeting Listing Rules
Credit Suisse Group AG said that it’s been notified by the New York Stock Exchange that it’s no
1970-01-01 08:00
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
1970-01-01 08:00
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
1970-01-01 08:00