Fintech firm Pagaya issuing $115 million asset-backed security
U.S.-Israeli Pagaya, which uses artificial intelligence (AI) to manage institutional money, said on Thursday it is issuing a $115 million consumer credit asset-backed security (ABS)...
Fed doubts dominate as futures tick lower
Wall Street’s main markets were set to edge lower on Thursday as the previous session’s hints of a skeptical Federal Reserve attitude to a new...
China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei
China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that...
The sky never goes dark while the Amazon burns
There are no lights in sight but the night sky glows a dusky yellow, for the Amazon is burning....
Stocks edge down as investors crave clarity on Fed stance
Share markets slipped on Thursday as uncertainty over the outlook for U.S. interest rate cuts left investors on edge, with the release of minutes from...
Banks call for order in Hong Kong as jewelers warn of trade fair dud
Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge...
Britain presses for information on HK consulate worker detained in China
Britain’s Foreign Office continues to “urgently seek further information” about an employee of its Hong Kong consulate who was detained in China, it said on...
At least one killed after fire breaks out in hospital near Paris
The fire at the Henri Mondor hospital in Creteil broke out late on Wednesday night and was eventually brought under control in the early hours...
Bernie Sanders proposes $16.3 trillion Green New Deal plan
Presidential hopeful Bernie Sanders unveiled a climate change strategy on Thursday that would mobilize $16.3 trillion to help the U.S. generate 100% of its electricity...
Global stocks nudge down as investors crave clarity on Fed stance
Share markets flatlined on Thursday as uncertainty over the outlook for U.S. interest rate cuts following the release of minutes from the Federal Reserve’s last...