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Tag: banking

Posted on 12/09/2023

Alibaba set to unleash AI that offers financial advice – do you feel lucky?

Claims it's already comparbale to finance industry pros and capable of recommending insurance plans Alibaba's fintech arm, Ant Group, has unveiled a large language model and related applications for ... ( read original story ...)

Posted on 12/09/2023

New Alibaba Group CEO lays out strategic priorities for staff -letter

New Alibaba Group CEO Eddie Wu has told staff the tech giant's two main strategic focuses going forward will be "user first" and "AI-driven", according to an internal letter reviewed by Reuters. ( read original story ...)

Posted on 11/09/2023

Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources

BEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when ... ( read original story ...)

Posted on 11/09/2023

Exclusive-China’s Central Bank to Peruse Bulk Dollar Purchases – Sources

BEIJING/SHANGHAI (Reuters) - China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time ... ( read original story ...)

Posted on 11/09/2023

Alfa Bank board of directors approves establishing two branches in China

MOSCOW. Sept 11 (Interfax) - The board of directors of Alfa Bank has decided to establish two branches in China, one each in Beijing and Shanghai, the lending institution's press service said in a ... ( read original story ...)

Posted on 11/09/2023

Stock market today: Asian shares mostly higher as investors await US inflation, China economic data

Stock prices are mostly higher in Asia as investors watch for U.S. inflation figures and China's latest economic data ... ( read original story ...)

Posted on 11/09/2023

China’s central bank yanks yuan off 16-year low with strongest fixing bias

(Updates prices, adds table) SHANGHAI/SINGAPORE, Sept 11 (Reuters) - China's central bank yanked the yuan off a 16-year low against the dollar on Monday by setting the daily midpoint guidance with ... ( read original story ...)

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