Asia
Latest economic, market and business news
Markets
Meet the financial-literacy teacher who helps high-school students open their own Roth IRAs
Markets
‘You need only watch episodes of Judge Judy’: I’m in my 70s. Why do people keep making the same avoidable financial mistakes?
“Consider some familiar examples of poor decisions: accumulating credit-card debt or failing to plan for retirement.”
Asia
Microsoft is offering buyouts to around 60,000 employees, Business Insider reports
Asia
Microsoft offers buyouts to around 60,000 employees to contain costs
Crypto
Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks …
Markets
This strategist says it’s a matter of when, not if, the AI bubble pops. Here’s how to prepare for that.
TS Lombard says the AI investment theme is a bubble destined to pop. What investors shouldn’t try to do is time when that will hap…
Crypto
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering all…
Crypto
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements app…
Asia
AI stocks rise as Anthropic nears Wall Street debut amid investor caution
Asia
Unconventional AI buys Israeli chip startup NeuReality to speed product development
Crypto
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data unt…
Markets
Two stock picks to capitalize on Wall Street’s misguided AI fears
Sowmdeb Sen of Silvant Capital Management highlights companies poised to benefit from the acceleration of AI spending.
Malaysia
Merz heads to Asia as Germany seeks to diversify trade ties
Chancellor Friedrich Merz will visit Singapore, Japan and South Korea, while President Frank-Walter Steinmeier travels to China.
Crypto
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and …
World Economy
AI giant Anthropic unveils plans for blockbuster share listing
The company will be the first true artificial intelligence company to go public as tech firms continue to invest heavily in AI.
Markets
The excitement around Moderna’s cancer vaccine is cooling. Here’s why.
Investors had “incredibly high” expectations around the Phase 3 data for the drugmaker’s experimental cancer treatment.
Markets
Retail investors are getting cold feet about stocks, just when the market needs them most
Last week’s carnage for hedge funds highlighted the relative decline in trading activity among retail investors.
Asia
Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs
Markets
The 5 big voting issues in the midterm elections that will impact your wallet
America won’t be picking a president Nov. 3, but this is how the voting results could affect fuel prices, taxes and more.
Crypto
AI giant Anthropic files for blockbuster IPO
The maker of Claude reported $16.3 billion in first-half revenue and an $80.7 billion net loss as it aims to price its offering in…
Asia
Anthropic's IPO filing shows explosive growth, risks and staggering costs
Asia
Cadence unveils Nvidia-backed AI models that chipmakers can run in-house
Asia
Cadence unveils suite of AI models that chipmakers can run in-house
Asia