Leadership
Bitcoin retreats as Grayscale ETF posts biggest daily outflow
BITCOIN extended a retreat as investors digested a record daily outflow from the world’s biggest exchange-traded fund (ETF) for the token as well as scaled-back expectations for US Federal...
Nvidia supplier SK Hynix begins mass production of next generation memory chip
SK HYNIX said on Tuesday (Mar 19) that it has begun mass production of next-generation high-bandwidth memory (HBM) chips used in artificial intelligence (AI) chipsets, with sources saying initial...
Australia’s central bank holds rates as expected, waters down tightening bias
AUSTRALIA’S central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows. Wrapping...
Robinhood rolls out app in UK, pauses margin lending addition
ROBINHOOD Markets’s commission free trading is now available throughout the United Kingdom – though the company said an effort to add margin lending to the offering is on pause....
Nippon Steel pledges to move US HQ to US Steel’s Pittsburgh
NIPPON Steel would move its United States headquarters to Pittsburgh where its acquisition target US Steel is based if the deal goes through, an executive said, adding to the...
Mastercard expands remittances reach in new pact with Alipay
MASTERCARD is broadening its reach in cross-border remittances through its partnership with Alipay, the mobile payments super-app backed by Ant Group. The agreement, which expands Mastercard’s existing relationship with...
US standards body says ByteDance researcher wrongly added to AI safety groupchat
A RESEARCHER from TikTok’s Chinese owner ByteDance was wrongly added to a groupchat for American artificial intelligence (AI) safety experts last week, the US National Institute of Standards and...
UBS powers past US$100 billion one year after Credit Suisse shock
ON THE first anniversary of UBS Group’s historic takeover of its former rival Credit Suisse, it is becoming clear just how advantageous the deal has been for the bank....
