Author Archives: Syndicated Content
Dollar steady ahead of Powell speech; Ueda aims to calm market nerves
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar was calm on Friday as traders braced for comments from Federal Reserve Chair Jerome Powell, while Bank of Japan (BOJ) Governor Kazuo Ueda aimed ...
Aug 23, 2024
Asian shares turn cautious with Powell in focus, yen up as BOJ chief speaks
By Stella Qiu SYDNEY (Reuters) - Asian shares stuttered on Friday while the dollar rebounded from one-year lows as investors were cautious ahead of a speech by the world's most powerful central banker...
Aug 23, 2024
Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years
By Yantoultra Ngui and Xie Yu SINGAPORE/HONG KONG (Reuters) - Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall revenue and private b...
Aug 23, 2024
China's yuan set for longest weekly winning streak since 2021
SHANGHAI (Reuters) - China's yuan inched higher against a softer dollar on Friday and looked set for the fifth straight weekly gain, its longest winning streak in more than three years. The yuan was s...
Aug 23, 2024
Alibaba to upgrade Hong Kong listing in a bid to attract Chinese investment
(Reuters) -Shareholders of Chinese e-commerce giant Alibaba have approved a plan to upgrade its Hong Kong listing to primary status, the company said on Friday, a move that is expected to attract huge...
Aug 23, 2024
Exclusive-Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI
By Eduardo Baptista, Fanny Potkin and Karen Freifeld BEIJING/SINGAPORE/NEW YORK (Reuters) - State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U...
Aug 23, 2024
Factbox-List of Chinese entities who have turned to the cloud for access to restricted US tech
(Reuters) - State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire othe...
Aug 23, 2024
Google appoints former Character.AI founder as co-lead of its AI models
By Kenrick Cai SAN FRANCISCO - Google has appointed Noam Shazeer, the former head of startup Character.AI and before that a long-time Google researcher, to co-lead its main AI project. Shazeer will se...
Aug 23, 2024
Democrats' biggest rift, Gaza, mostly ignored at convention
By Andrea Shalal CHICAGO (Reuters) - The most divisive issue facing the Democratic Party, U.S. support for Israel in the war in Gaza, has gone mostly unaddressed during the four-day convention which e...
Aug 23, 2024
Japan ex-environment minister Koizumi to run for LDP leadership, TBS reports
TOKYO (Reuters) - Japanese former environment minister Shinjiro Koizumi will announce his candidacy for the ruling party leadership race at a press conference on Aug. 30, broadcaster TBS reported on F...
Aug 23, 2024
