Tag: travel

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HSBC to shrink banking operations in major shake-up

HSBC to wind down M&A and equity capital markets businesses in Europe, UK, and Americas as part of investment banking shake-up.

Junko Koeda Nominated for Bank of Japan Board

Japan nominates female academic Junko Koeda to the Bank of Japan board, signaling continued support for policy normalization and potentially marking a historic step in diversity.

OpenAI CEO Sam Altman Weighs in on Chinese Startup AI Model

Chinese startup DeepSeek's R1 AI model impresses OpenAI CEO Sam Altman, but he emphasizes the importance of greater computing power for OpenAI's success.

Microsoft in the Running to Acquire TikTok

Microsoft is among US companies in talks to acquire TikTok, says Trump

Cooling in Indian Real Estate Stocks Spurs Investors to Buy

Indian real estate stocks are experiencing a cooling-off period, presenting an opportunity for selective buying as long-term prospects remain positive. Despite broader risk-off trading and economic growth slowdown, demand for luxury properties and solid earnings reports from major firms suggest upside potential.

China Vanke Gets Lifeline From Shenzhen as Property Slump Deepens

China Vanke, a major property developer, has received support from state authorities, indicating its importance to the sector and signaling Beijing's willingness to stabilize the housing market. The move comes amid a property slump that has led to defaults by several firms.

Overcoming Obstacles: Small Business and LGBTQ+ Entrepreneurship in Uncertain Times

Former Biden adviser discusses the impact of the Trump administration on small businesses and offers tips for staying resilient.

China's DeepSeek Challenges 'U.S. Exceptionalism' in AI Arms Race

DeepSeek, a Chinese AI startup, is challenging the dominance of US tech giants, raising concerns about market concentration and the "US exceptionalism" narrative that has driven trillions of dollars into US markets.

AI Models Shake Tech Stocks as Investors Bet on Trump's Growth Agenda

DeepSeek's AI models send shockwaves through tech stocks, leading to a drop in Nvidia's premarket value. Investors question the sustainability of the market rally amid high interest rates and concerns about inflation and regulation.

AI-Powered Power Stocks Tumble on DeepSeek Advance

AI's rise challenges US power stocks as DeepSeek's advancements raise questions about spending and market dominance. Constellation Energy, Vistra Corp, and GE Vernova decline sharply amid concerns over AI competition.