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The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said on Tuesday (Jul 1) it had completed…
Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even where they may not have the relevant…
Peter—who asked to have his last name omitted from this story for privacy reasons—is far from alone. A growing number of people are using AI chatbots as “trip sitters”—a phrase that…
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public offerings, hoping US curbs on advanced chip sales to…
President Trump is raging at GOP Senator Thom Tillis for telling the truth about the Senate version of his budget bill, which could knock 10 million people off Medicaid. Trump threatened…
Before generative AI, if you wanted an inexpensive way to build out lots of content, you launched a wiki. You’d spin up a site—broad or niche—and throw the doors open for anyone to edit.…
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank in the High Court of…
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development Berhad — Liquidators seeking to recoup…
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have initiated legal proceedings against Standard Chartered…
Alphabet’s Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big Tech are hampering innovation to the detriment of…
For those who’ve had enough of scrolling AI slop, meet Picastro: an Instagram app for astrophotography. Picastro is a dedicated, mobile-first platform built for amateurs and pros who…
Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened to impose a fresh tariff rate on Japan as he hit…
Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar with the matter. Those…
Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customers more choices. Launched on Tuesday (Jul 1), Ascend Asia brings together…
Shell has started exports from Canada’s first liquefied natural gas (LNG) project, helping to meet rising Asian demand and extending its position in the global LNG market. The first cargo…
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s potential rate-cut…
As Congress races to pass President Donald Trump’s “Big Beautiful Bill,” it’s also sprinting to placate the many haters of the bill’s “AI moratorium” provision which originally required a…
Stablecoin firm Circle is applying to create a national trust bank in the US, a major move after its blockbuster initial public offering (IPO) valued the company at nearly US$18 billion…
Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled…
[SEVILLE, Spain] Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on wealthy air passengers to help poorer nations respond to climate…
Apple is considering using artificial intelligence (AI) technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining its own in-house models in a potentially…
Casting mailed ballots remained popular among voters in last year's presidential election, even as President Donald Trump has tried to undercut the process through a wide-ranging executive…
Elon Musk is calling for a new political party to rise if Republicans pass President Trump's "big beautiful bill" through Congress, and is also vowing to target lawmakers who back the bill…
Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible Opec+ output increase in August. Both Brent and US crude oil benchmarks posted their biggest…
