Grab aims for ‘next level’ in financial services with purchase of buy-now pay-later platform Atome
Grab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.
Oil prices fall after U.S. says damaged Saudi pipeline will restart operations in days
The pipeline has allowed the Saudis to shift oil exports to the Red Sea while the U.S. and Iran battle for control over Hormuz.
China’s AI leaders keep quiet despite U.S. ‘publicity’ on tech risks
Z.ai, Moonshot, MiniMax, Alibaba and Tencent did not provide any statements when contacted by CNBC about the warnings on AI from Silicon Valley.
Meta CEO Mark Zuckerberg sides with Nvidia’s Huang on AI safety and slowdown debate
Meta CEO Mark Zuckerberg’s view of artificial intelligence safety is akin to the perspective of Nvidia’s Jensen Huang rather than Anthropic chief Dario Amodei.
Indonesia’s new finance minister faces an uphill battle on fiscal credibility
Nazara, sworn in hours after Purbaya’s dismissal, spent seven years as deputy finance minister and led the ministry’s fiscal policy agency from 2015 to 2019.
CNBC Daily Open: Is AI safe? Industry leaders and Trump disagree
OpenAI, Anthropic and Google unite for AI safety talks after warnings that the technology could pose an existential risk to humanity.
BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey
The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.
Inside South Korea’s university programs offering a direct route to Samsung and SK Hynix
Companies are helping universities develop courses, provide financial support and create pathways through which qualifying students can join them.
Dow drops 600 points as Fed rate hike and Warsh’s inflation talk unnerve investors: Live updates
The Dow Jones Industrial Average fell on Wednesday after the Federal Reserve hiked interest rates for the first time in three years.
Why de-dollarization discussions are more talk, less action
BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.
