Samsung-backed AI chip firm Rebellions targets IPO in South Korea next year, CEO tells CNBC
Sunghyun Park, CEO of Rebellions, told CNBC that the company is leaning toward a listing on the KOSPI over the KOSDAQ.
Singapore’s Temasek hits record portfolio value, eyes more investment in AI, infrastructure and private credit
Over the course of its financial year, Temasek recorded a gain of S$49 billion and a 10.5% total shareholder return.
Halo stocks are benefiting from the AI boom, Goldman Sachs says. Here are the European firms they’re backing
“This is a global shift,” the investment bank’s researchers said.
CNBC Daily Open: Dispatch from NATO, U.S. strikes Iran and Le Pen is back
Tensions between the U.S. and its allies heat up at the NATO Summit, while a fresh wave of stikes threatens the ceasefire in Iran.
Andy Burnham’s theory of devolution for Britain
The U.K.’s prime minister in waiting wants to devolve power from London to the nation’s regions. But past efforts have been anything but successful.
Lawmakers probe growing use of Chinese AI models in U.S. companies
An ongoing House Committee investigation is probing the risks involved in the rise of AI built in China.
Gold wavers as investors weigh US strikes on Iran, await Fed minutes
Gold wavered on Wednesday, as concerns around inflation and higher rates rose after fresh U.S. strikes on Iran lifted oil and the dollar ahead of the release of the Fed’s June meeting minutes.
Chinese autonomous-driving firm Momenta rises 3% in Hong Kong stock debut
Chinese autonomous driving firm Momenta debuted on the Hong Kong stock exchange on Wednesday, rising 3%.
China’s rare missile test will push wary Asia-Pacific countries to close ranks, analysts say
China’s rare launch of a ballistic missile launch into the Pacific will push regional powers to deepen their defense ties.
