Asian benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis. The S&P 500 fell 25.69, or 0.6 ... ( read original story ...)
Banking On China, Argentina’s Economy Minster Sergio Massa Secures Financing Ahead Of Disputed Presidential Elections
While the full terms of the deal weren’t made immediately public, Massa’s visit to China is part of an economic and political strategy that depends on strengthening Argentina’s financial position ... ( read original story ...)
Shanghai set to host Lujiazui financial forum in June after last-minute cancellation in 2022
The high-profile Lujiazui financial forum returns to Shanghai next month after last year's event was suspended a day before the start because of Covid-19 restrictions. The two-day gathering on June 8 ... ( read original story ...)
Shanghai to hold Lujiazui Forum in early June
The 14th Lujiazui Forum, a major financial event, will be held in Shanghai from June 8 to 9, organizers said on Wednesday. The event, themed "Global Financial Opening-up and Cooperation: New Drivers ... ( read original story ...)
Chinese AI chatbot firm Xiao-I eyes global market after Nasdaq IPO on ChatGPT fever
When Yuan Hui launched his company's first chatbot two decades ago, the world had yet to catch up on the potential of conversational artificial intelligence (AI). Today, Shanghai-based Xiao-I Corp is ... ( read original story ...)
Exclusive-Credit Suisse drops China bank plan to avoid regulatory conflict under UBS-sources
Credit Suisse has scrapped plans to set up a locally incorporated bank in China to avoid a potential regulatory conflict arising from its merger with UBS, said two sources with direct knowledge of the ... ( read original story ...)
Top level financial forum to open in Shanghai next week
Shanghai continues to lead the way in terms of financial opening up and has been offering targeted measures to support economic development, a top official told a press briefing in Shanghai on ... ( read original story ...)