Month: July 2024

China customs officers raising a Chinese flag during a rehearsal for a flag-raising ceremony in Shanghai. Qilai Shen | Bloomberg | Getty Images Chinese exchange-traded funds saw a “staggering” growth in the last five years, with inflows consistently notching new highs, according to Morningstar. “Annual inflows to China ETFs surged almost fivefold over the past […]

An artificial intelligence concept displaying a business man working with a virtual display Busakorn Pongparnit | Moment | Getty Images Chinese companies are leading the way in the experimentation of generative AI, but they’re still behind the U.S. when it comes to full implementation, according to a new survey. The survey — by AI analytics […]

Jaap Arriens | Nurphoto | Getty Images Microsoft said it would give up its observer seat on the OpenAI board amid regulatory scrutiny into generative artificial intelligence in Europe and the U.S. Microsoft’s deputy general counsel, Keith Dolliver, wrote a letter to OpenAI late on Tuesday, saying that the position had provided insights into the […]

Nischa Shah was an investment banker for a decade, before becoming a full-time content creator. Nisha Shah Personal finance YouTuber Nischa Shah quit her six-figure investment banking job to become a full-time content creator — and it was a gamble that paid off. After working in banking for a decade, Shah became an associate director […]

French borrowing costs still face a “blowout” over those of Germany, as political and economic reality sets in following the country’s parliamentary electionaccording to veteran investor David Roche. However, former European Central Bank chief Jean-Claude Trichet told CNBC he believes that, despite current uncertainty, a “coalition of ideas” will form to break any deadlock. The […]