Showing 1 - 10 of 176
AI model 'better' at pricing currencies than humans
Bloomberg News, Published on 25/09/2024
» LONDON - ING Groep NV is starting to use artificial intelligence (AI) to price currencies, replacing a job traditionally performed manually by the bank's traders.
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
NYSE fixes issue that showed 99% drops, triggered trading halts
Bloomberg News, Published on 04/06/2024
» A glitch during a software update early Monday led the New York Stock Exchange to erroneously halt trading on about 40 stocks and display odd trades showing a 99% drop in companies including Warren Buffett’s Berkshire Hathaway Inc.
Bitcoin’s longest losing streak of 2024 casts cloud over crypto
Bloomberg News, Published on 09/05/2024
» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.
Bitcoin ETF discounts reach records after late-day selloff
Bloomberg News, Published on 02/05/2024
» NEW YORK - Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.
Xi to meet Blinken to steady China-US ties
Bloomberg News, Published on 26/04/2024
» BEIJING - United States Secretary of State Antony Blinken will meet with President Xi Jinping in Beijing, as the world’s biggest economies spar on trade complaints and China's continued support for Russia.
Asia factories cope with high costs amid war
Bloomberg News, Published on 01/11/2023
» JAKARTA - Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure.
Global funds abandon China blue chips in $9.3bn selloff
Bloomberg News, Published on 23/08/2023
» HONG KONG - Global investors have been shedding China’s blue-chip stocks in what’s been a record-selling streak, showing even the nation’s industry leaders are falling out of favor as a rout deepens.
Bitcoin touches an almost 2-month low
Bloomberg News, Published on 18/08/2023
» LONDON - Bitcoin reached an almost two-month low as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years.
China finance giant’s missed payments alarm regulators, markets
Bloomberg News, Published on 14/08/2023
» NEW YORK - One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products.