Page 530 - Bloomberg/workspace/business Standard Web/video

Alibaba, ByteDance share 'prized algorithms' with Beijing for first time

The algorithms that decide which TikTok videos, WeChat posts and Instagram photos users see are considered the secret sauce of many online services

WeWork founder Neumann's new startup gets backing from Andreessen Horowitz

The investment in Flow, a residential real estate company led by Neumann, is roughly $350 million, according to the New York Times

Driven by pouring tourists, Thailand's baht achieves year-end targets

The currency jumped 2.3 per cent to about 35.45 per dollar this month, leading gains in Asia by a wide margin

Need to fix the concept of food subsidies to tackle world hunger crisis

Subsidizing food is largely not an activity that involves the world's poorest people who are most at risk of hunger, but its richest and most amply-fed

China home prices fall for 11th month as mortgage 'boycott' continues

New home prices in 70 cities, excluding state-subsidized housing, declined 0.11% from June, when they sank 0.1%, National Bureau of Statistics figures showed Monday

China resorts to interest rate cuts as data shows 'alarming' slowdown

Bond yields slumped after the People's Bank of China lowered the rate on its one-year policy loans by 10 basis points to 2.75% and the seven-day reverse repo rate to 2% from 2.1%

Secret to enduring stagflation sends investors to emerging markets

Stocks and bonds of poorer nations have sunk this year amid Federal Reserve tightening and runaway consumer prices, and may sell off even more if the global economy stalls

Bitcoin tops $25,000 for first time since June amid crypto rally

Crypto struggled through the first half of the year as the Federal Reserve hiked rates to combat stubbornly high inflation, with the prices of Bitcoin, Ether and other tokens falling by more than 50%

Fed minutes on Wednesday may reveal inclinations on size of next rate hike

Fed officials who have spoken since the July meeting have pushed back against any perception that they'd be pivoting away from tightening any time soon

Saudi Aramco profit surges to another record on bumper oil market

Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production

With inflation at 8.9%, Europe bond rally at risk of complacent market

With the worst yet to come in Europe, strategists say policy makers may hike more aggressively than many expect, upending a bond rally that some say has gone too far

In a sane world, India and Pak ought to be super-close economic partners

Yet their current bilateral trade is only $514 million, and it is not easy to travel between the two countries

Anshu Jain, first non-European to head Deutsche Bank, passes away at 59

Jain recently recruited teams of traders from larger rivals to work at Cantor Fitzgerald as that firm's chief, Howard Lutnick, expanded ambitions in trading and relationships with global investors

Torrent Power and Sembcorp Industries in race to buy Vector Green Energy

The transaction is expected to have an equity value of 30 billion rupees ($377 million) and an enterprise value of 50 billion rupees

China hits 'liquidity trap' as low lending rates fail to spur bank loans

China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened

Former US Prez Donald Trump potentially facing Espionage Act violation case

The FBI seized classified material from Donald Trump, and court filings revealed the former president may be under investigation for mishandling government records

Masayoshi Son now down $4 bn on SoftBank side deals due to market downturn

Masayoshi Son holds 17.25% of a vehicle set up under SoftBank's Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund

China state-owned giants to delist from US exchanges amid audit spat

The US SEC on July 29 added Alibaba to a growing list of companies that could be kicked off American exchanges if the two countries fail to reach a deal.

Oil prices head for biggest weekly climb since April on supply halts

The International Energy Agency boosted its forecast for global demand growth as soaring natural gas prices and heat waves spur demand

US stock markets tumble when hit by global recession, says report

The S&P500 had dropped to 3,667 on June 17 but has jumped 15 per cent in the past two months