Masayoshi Son has added about US$3.8 billion to his net worth this year as the surging stock price of Arm Holdings bolsters the value of his holdings in SoftBank Group.The pace of increase in his wealth puts the Japanese billionaire in the top 30 gainers...
OpenAI CEO Altman says UAE could serve as an AI ‘regulatory sandbox’ for the worldOpenAI’s CEO Sam Altman said the United Arab Emirates could serve as the world’s “regulatory sandbox” to test artificial intelligence (AI) technologies and later spearhead global rules limiting their use.“It’s very...
Many employees of Hong Kong’s biggest banks will be getting red envelopes stuffed with more money than last year as they return to work to begin the Year of the Dragon. Some will also enjoy hampers full of treats and lucky draws, while others will...
India’s stock weightage climbs to record high on MSCI Global Standard index, seen rising furtherIndex provider MSCI raised India’s weightage in its Global Standard (Emerging Markets) index to a historic high of 18.2 per cent following its February review, and the changes will come into...
The US should review Chinese biotech firm Wuxi AppTec and its affiliate Wuxi Biologics for sanctions, a bipartisan group of lawmakers told top Biden administration officials on Monday.In a letter dated February 12 and seen by Reuters, the lawmakers told Treasury Secretary Janet Yellen,...
Numerous sectors are creating more green jobs, fuelled by the growth of sustainability-focused markets, said Dicky Leung, manager of construction, engineering and supply chain at recruitment firm Robert Walters.Renewable energy is among the areas of expertise companies are searching for as they try to fill...
Bitcoin jumped to US$50,000 for the first time in more than two years, staging a remarkable comeback from a series of cryptocurrency industry scandals and bankruptcies that had raised questions about the viability of digital assets.The original cryptocurrency has tripled in value since...
“Such regulations not only brought additional sustainability requirements for market entry into the private sector, they are also manifested in the EU’s public-sector procurement policies. Some can be considered a kind of protectionism.”Cars wait to be loaded onto a ship for export at the port...
“We are positive towards US equities as a core holding in the MPF portfolio,” said Ada Kung, chief investment strategist at Sun Life Asset Management (HK). “The end of the US rate-hike cycle will benefit growth stocks.”Hongkongers wait for an MTR train in North Point...
Extreme weather caused by climate change and pollution could break down parts of the Great Wall of China, dry out the water system that supports Angkor Wat in Cambodia, and destroy other renowned global landmarks, according to images generated by a British start-up using ...