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📅 Jun-28 , 2024

Middle East "Tycoons" Speed Up AI Investment, Fueling AI Boom

Sovereign wealth funds from the Middle East are becoming key supporters of Silicon Valley's artificial intelligence (AI) darlings. Oil-rich countries such as Saudi Arabia, the United Arab Emirates (UA...

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📅 Jun-23 , 2024

No Signs of Recession in US Economy

Maersk, seen as a barometer of global trade, has stated that freight demand does not indicate signs of an economic recession in the United States, while warning that ongoing tensions in the Red Sea co...

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📅 Jun-16 , 2024

Wealth Management Revenue Declines, Banks Speed Up Changes in Distribution

Recently, several banks have been held accountable by regulators for violations in their fund sales business. Since the third quarter alone, administrative regulatory announcements have been issued by...

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📅 Jun-10 , 2024

Global 75% Arbitrage Trades Closed

Despite significant hedge fund exits from carry trades, yen volatility may not yet be dead...Hedge funds appear to have pulled back from their bullish bets on the yen, but are still paying high hedgin...

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📅 Jun-08 , 2024

"AR Glasses Maker Secures Huge Funding, Reviving Industry Momentum"

On September 25, 2024, consumer-grade AR glasses manufacturer Thunderbird Innovation completed its Series B+ and B++ financing rounds, with joint investments from Jiaxing Nanhu Keying, Jiaxing Nanhu J...

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📅 Jun-03 , 2024

Fed Eases, UK Asset Managers Return to US Real Estate

UK investment management firms Legal & General and Schroders have indicated in an interview that they will invest hundreds of millions of dollars in US commercial real estate, but have largely avoided...