Howard Marks, co-chair of Oaktree Capital Management, said in a Bloomberg TV interview that recent AI-related market stumbles have somewhat burst the bubble of infallibility around the sector. The comments were made in an interview with Bloomberg TV.
Hong Kong listing candidates are disclosing cross-investments and personal connections in their IPO filings. Regulators are stepping up scrutiny of structures that could distort the market.
Jackery announced the Explorer 100D, a portable power station using lithium iron phosphate batteries the company first introduced in 2023. At 4.6 by 3.4 by 3.4 inches, it is the smallest power station Jackery has made.
TechCrunch has compiled five stories from sister publications CIO, Computerworld, Macworld and PCWorld. The roundup is a curated list of reading recommendations.
An executive at Macquarie says junior research staff at Macquarie Capital need not worry too much about AI taking their jobs. The comments were reported by Bloomberg Technology.
Amy Lo, Asia Chairman at UBS Global Wealth Management and CEO of UBS Hong Kong, says the bank is hiring selectively. She describes Asia Pacific as a strong growth region, speaking at the Women Chief Executives Summit in Hong Kong.
Capital Group Vice Chair Jody Jonsson says the asset manager will formally open its Middle East office in November. She cites investment opportunities and a source of client wealth, speaking at the Women Chief Executives Summit in Hong Kong.
STT GDC Pte. is negotiating a S$3.1 billion ($2.4 billion) syndicated loan with banks, according to people familiar with the matter. The deal reflects how the AI boom is driving debt demand among companies building data center infrastructure.
Kioxia Holdings shares fell as much as 15% on Monday after the Japanese memory maker's cautious outlook disappointed investors. The decline has raised concerns that the rapid growth driven by artificial intelligence may be leveling off.
Bloomberg Technology reports that the two publicly traded record labels are struggling to attract investor interest. The piece frames this as a $20 billion public market problem for the music industry.
Mihoko Matsubara, Chief Cybersecurity Strategist at NTT, discusses the risks in a recent wave of cyberattacks in Japan. The attacks have targeted the government, banks and conglomerates' cyber infrastructure. She spoke on Bloomberg: The Asia Trade.