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,
2023-05-31 14:26
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
2023-05-31 14:22
India Seeks More Disclosures from Foreign Funds After Adani Saga
India’s capital markets regulator proposes to seek more disclosures from foreign funds with large holdings in local stocks
2023-05-31 13:57
Dimon Says JPMorgan Will Be in China for Good and Bad Times
Jamie Dimon said JPMorgan Chase & Co. will be in China in both good and bad times, remaining
2023-05-31 12:47
World’s Top Coal Miner Hikes Prices as Wage Bill Surges
Coal India Ltd., the world’s biggest miner of the fuel, raised prices for the first time in five
2023-05-31 12:21
Wanda Weighs Selling Payments Permit for About $141 Million
Dalian Wanda Group Co. is in talks with prospective buyers including ByteDance Ltd. for its Chinese payments unit,
2023-05-31 11:47
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:52
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:26
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
2023-05-31 10:21
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:19
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:19
JPMorgan China CEO Says Expansion Taking Longer Than Expected
JPMorgan Chase & Co.’s China head said its expansion in the country is taking longer than expected, as
2023-05-31 09:58