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
HKEX Looks to Move Away From Fax Machines By Automating ETF Platform
Hong Kong’s stock exchange is looking to automate its handling of exchange-traded products in a bid to streamline
2023-05-31 13:16
South Korea factory output, retail sales drop in April
SEOUL South Korea's factory output in April fell 1.2% from March, on a seasonally adjusted basis, official data
2023-05-31 07:20
China Stock Gauge Slumps 20% From 2023 Peak as Pessimism Abounds
A key gauge of Chinese stocks was on track to enter a bear market as a weak economic
2023-05-30 11:18
A China Crypto Pioneer Warns Hong Kong May Cool on Digital Assets Longer Term
A crypto entrepreneur whose business in China was upended by a regulatory crackdown considers his experience to be
2023-05-30 10:59
Banks Tap Hong Kong’s Discount Window for Most Funds Since 2021
Banks in Hong Kong borrowed the largest amount of short-term cash in over two years from the authorities,
2023-05-30 10:56
BYD Outbids Tesla to Supply EVs for Indonesian Taxi Operator
Indonesia’s largest taxi operator will turn to BYD Co. for 80% of its electric-vehicle fleet while reviewing its
2023-05-30 10:51
Xi Seeks to Give China’s Education System More Global Influence
Chinese President Xi Jinping called on top officials to increase efforts to build a “high quality” education system
2023-05-30 10:26
Dimon Confronts New China Reality in First Visit Since Covid
When Jamie Dimon takes center stage at JPMorgan Chase & Co.’s China summit Wednesday, he’ll be confronting a
2023-05-30 08:23
Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd.
2023-05-30 07:56
GF Securities Plans to Buy $140 Million Value Partners Stake
GF Securities Co. plans to buy a 20% stake in Value Partners Group Ltd. from the asset manager’s
2023-05-30 07:16
Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets
Baidu Inc. shares jumped in Hong Kong following reports that it will soon launch a large-language model to
2023-05-29 13:15