Culture
Alibaba takes major step to link Taobao shopping to main AI app
[ad_1] [HONG KONG] Alibaba Group Holding plans to link its flagship online shopping and travel services to its artificial intelligence (AI) app, taking its biggest step yet to build Qwen...
Wells Fargo misses profit estimates on severance costs, shares fall
[ad_1] WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
Bank of Korea stands pat as board wary of weak won, property market rally
[ad_1] [SEOUL] South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won along with risks of financial imbalances stemming...
Thailand long-bond outlook darkens on fiscal worries before vote
[ad_1] Election risks aside, investors have already been bracing for additional debt issuance, with some expectations of it being front-loaded[MELBOURNE] As Thailand’s general election nears, rising concerns about fiscal largesse...
China brokers rebuild ranks, raise pay on dealmaking return
[ad_1] CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years.Investment banking divisions of major brokerages, including Citic Securities, Huatai Securities and...
Discussing investment strategies in volatile times at BT-StanChart roundtable
[ad_1] [SINGAPORE] Panellists will discuss strategies on how to stay invested amid the volatile and ever-changing environment at a roundtable organised by The Business Times and Standard Chartered (StanChart) on...
SK Hynix speeds up new chip fab opening to meet memory demand, executive says
[ad_1] [SEOUL] SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a senior executive said,...
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
[ad_1] [HONG KONG] Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according...
Bank of America profit climbs as trading surges in volatile markets
[ad_1] [NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets.Softening...
Advanced Systems Automation makes pre-conditional offer for Asti shares
[ad_1] If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies[SINGAPORE] Advanced Systems Automation intends to make a voluntary conditional offer for all the shares...
