Page 14 - Bloomberg

China intelligence chief warns AI could threaten political stability

China's state security minister Chen Yixin has warned that hostile use of AI could endanger political, institutional and ideological security and expose vulnerabilities in critical systems

Softbank Group gets upsized $11.9 billion loan in OpenAI funding push

The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks

Copper edges lower as US inflation data raises bets on Fed rate hike

Futures on the London Metal Exchange fell as much as 0.6%, following their first weekly decline in since June

Anthropic picks Nasdaq for much-anticipated IPO, eyes listing in October

The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October

$7 billion gas bill sees developing Asian nations sour on LNG future

The loss of Qatari LNG supplies through the Strait of Hormuz has sharply raised costs for Asian emerging markets

Iran set to unveil temporary Hormuz shipping lane pact to Gulf nations

Iran is set to present Gulf nations with an agreement reached with Oman for a temporary shipping lane through the Strait of Hormuz, though access will remain restricted

All eyes on Warsh as rate-hike fever spreads across G7 central banks

3 decisions, starting with the Federal Reserve on Wednesday and followed on successive days by peers in the UK and Japan, may recast the global monetary policy landscape for rest of 2026 and beyond

South Korea tests global investor appetite with longer trading hours

Korea Exchange will extend trading in nearly all local stocks until 8 pm, seeking to boost foreign participation

Anthropic's AI warning may weigh on chip stocks, but trade seen intact

Calls by AI leaders to slow advanced model development could pressure chip and tech stocks initially, but strong demand for computing infrastructure may limit the impact

Brics summit joint statement takes aim at US war, tariffs and sanctions

Brics leaders issued a joint statement expressing concern over the West Asia conflict while criticising unilateralism, tariffs and sanctions, without naming the US

SpaceX set to get weighting boost in Nasdaq 100 after index rebalance

Its weighting is expected to rise to about 2.82% from roughly 1.28%, based on pro forma data from Nasdaq's Global Index Watch circulated late Friday

No IPO in 2026, firm to prioritise safety, says OpenAI CEO Sam Altman

Altman said this year would be an 'ill-advised moment' for initial public offering and that a listing won't take place until next year

Current inflation shock likely to last longer than expected: ECB president

The ECB raised interest rates this week for the second time since the Iran war sent oil and gas prices soaring

Trump says US-Canada trade deal could come 'fairly soon' amid tariff war

Trump said a trade deal with Canada could come "fairly soon" as the two countries remain locked in a tariff dispute with no formal talks confirmed

West Asia war strains margins for apparel makers as raw material costs rise

The West Asia war is driving up polyester, cotton, energy and freight costs, squeezing apparel manufacturers and potentially pushing clothing prices higher

HSBC CFO Succession: Who is in the race to replace Pam Kaur in 2027?

HSBC is set to begin its search for a new CFO after Pam Kaur announced plans to retire in 2027. Here are the internal and external candidates in contention.

Trump open to Chinese EV firms building cars in US with American workers

The US president said Chinese automakers could set up plants in the country and employ American workers, while ruling out imports of China-made vehicles and production in Mexico for US sales

Global funds turn wary of Indian stocks as AI boom draws money elsewhere

India's appeal to global fund managers is weakening amid muted corporate earnings and the lack of a major AI investment theme, pushing foreign ownership of NSE-listed companies to a 17-year low

Putin's China pivot complicates PM Modi's strategic balancing act

Russian leader Vladimir Putin's isolation on the global stage in recent years has made him more reliant on China, India's main geopolitical rival, for everything from defense to energy.

RBI to drain ₹1 trillion through bond sales to tackle surplus cash

The move comes after surplus cash with banks rose to a record high of around 11 trillion rupees following massive inflows under the central bank's recent capital-raising windows.