Wei Junqing, CEO at Chinese autonomous freight technology firm KargoBot, says he expects the company to be profitable in around two and a half years. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)
Wei Junqing, CEO at Chinese autonomous freight technology firm KargoBot, says he expects the company to be profitable in around two and a half years. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)
MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial intelligence buildout, looking to raise as much as $2 billion from selling new shares and convertible bonds.
Some strategists see a boost to assets, while others were sceptical of a sustained rally, following Finance Minister Satsuki Katayama’s comments Friday encouraging pension funds, including the massive Government Pension Investment Fund, to increase investment in domestic financial assets. Here’s
Hong Kong’s restaurant industry has been struggling as more residents head to mainland China for their weekend leisure and dining. The government has now introduced a pet-friendly scheme allowing dogs to accompany owners at hundreds of newly-licensed restaurants. Bloomberg Opinion columnist Julian
Africa Centres for Disease Control and Prevention is working with the Democratic Republic of Congo to speed overdue payments to striking Ebola responders as the labor dispute threatens efforts to contain the world’s fastest-growing outbreak of the deadly disease.
Japan’s long-term bond yields fell and the yen strengthened after Finance Minister Satsuki Katayama said the government wants to encourage pension funds, including the Government Pension Investment Fund, to increase investment in domestic financial assets.
SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale by a foreign company. Futurum Semiconductors, Supply Chain & Emerging Tech Research Director Brendan Burke shares his insights. (Source: Bloomberg)
HCL Technologies Ltd., Wipro Ltd. and Tech Mahindra Ltd. are set to report earnings as their investor base increasingly questions the value of traditional IT services in the age of artificial intelligence.
JPMorgan Chase & Co.’s Nelly Pai and Citigroup Inc.’s Alexander Schrantz are joining the Hong Kong stock exchange panel responsible for approving initial public offerings, according to people familiar with the matter, as the city sharpens its scrutiny of deal quality.
SK Hynix Inc. raised $26.5 billion in its American depositary receipt offering, as the South Korean memory chipmaker powered through volatility to deliver the largest ever US first-time share sale by a foreign company.
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now faces the challenge of unwinding that position without destabilizing the currency market.
As investors increasingly turn to artificial intelligence for help with everything from stock picking to risk management, JPMorgan Chase & Co. has been testing whether a model can do something more ambitious: allocate money itself.
At least $1.6 billion worth of Moscow’s diesel, fuel oil and other products has been funneled from Indonesia’s tiny Karimun into major markets across the region.
Stephen Yalof, President and CEO of Tanger Inc., appeared on the program to discuss the company's recent performance. Tanger is experiencing near-record results driven by strong summer traffic, contributing to a significant year-to-date stock increase of 18.28%. He speaks with Romaine Bostick & Kati
Mitchell Caplan, CEO of Willow Wealth, discusses the evolving landscape of private market investing for individual investors. Caplan highlighted the trend of companies staying private longer, which has shifted significant wealth creation to the private phase before IPOs, citing examples like SpaceX