Nov 15, 2024 | Markets
Contest for Treasury job has intensified in recent days President-elect expected to announce economic picks soon President-elect Donald Trump is meeting with Key Square Group LP founder Scott Bessent on Friday, according to a person familiar, as he weighs a short-list...
Nov 14, 2024 | Markets
The swelling crowds at Shanghai’s street corner stock salon show rampant speculation is on the rise. On a cigarette smoke-filled street corner in Shanghai, 70-year-old stock picker Yu held court for a crowd of onlookers eager to hear about his investment strategy....
Nov 14, 2024 | Markets
Ultra-wealthy offer liquidity to squeezed private equity funds ‘This is an area our clients are investing in,’ JPMorgan says Chicago’s Mills dynasty built one of the world’s biggest health-care fortunes over the past century, but these days they’re part of a group...
Nov 13, 2024 | Markets
Three of the leading artificial intelligence companies are seeing diminishing returns from their costly efforts to develop newer models. OpenAI was on the cusp of a milestone. The startup finished an initial round of training in September for a massive new artificial...
Nov 12, 2024 | Markets
Officials seek to gauge demand for China assets, money flows Global banks have struggled in mainland amid slow dealmaking China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been quarterly discussions to...
