Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alibaba has said it will “aggressively” invest in artificial intelligence over the next three years as the Chinese ecommerce giant moves quickly to capitalise on the fast-developing technology. Chief executive Eddie Wu said on Thursday … Read more
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs. Mutual funds should raise their holdings of onshore equities by at least 10% annually for the next three years, while large state-owned … Read more
Cary, NC, Oct. 28, 2024, CyberNewswire — As the year-end approaches, it’s common for enterprises to discover they still have funds that must be utilized. Often, these L&D dollars are “use or lose,” meaning they will be returned to the general fund if not invested. Recognizing this, INE Security is launching an initiative to guide … Read more
I got an interesting question in my recent banking presentation: US banks have spent far more on technology than banks in Europe – will European banks ever be able to catch-up? It is true that American banks have spent far more on tech. To illustrate the point: JPMorgan spent over $15 billion last year, and is … Read more
When rates of interest are excessive or rising, you may marvel: “Ought to I repay my mortgage or make investments? Which technique will put me financially forward in the long term?” Very low rates of interest following the worldwide monetary disaster made bigger mortgages way more inexpensive. On the similar time, robust returns from investing … Read more
