Meta Platforms Inc. Chief Product Officer Chris Cox said that AI chatbots will become an increasingly attractive tool for advertisers, rather than just a way to lure users, in a sign the company is pivoting the technology toward business customers.
South Korea’s SK Hynix Inc. said that it has not approached SoftBank Group Corp. about a possible deal with memory chipmaker Kioxia Holdings Corp.
Philippine President Ferdinand Marcos Jr. has suspended the implementation of a law creating the country’s first sovereign wealth fund as one of the state-run lenders providing capital sought regulatory relief from the central bank.
Israel’s central bank underscored the urgency of steadying the shekel following its slide to an eight-year low, shifting expectations among economists and traders who bet on a big interest-rate cut as soon as next week.
Indonesia senior minister Mahfud MD has been named as the running mate of Ganjar Pranowo, one of the leading contenders in the presidential election to be held in four months.
China’s economy gained momentum last quarter as people ramped up spending on everything from restaurants and alcohol to cars, offsetting a drag from the property crisis and putting Beijing’s annual growth goal well within reach.
A visit to Washington by the European Union’s two top officials later this week was supposed to focus on Ukraine, trade and countering China. But fears that Israel’s conflict with Hamas could turn into a wider war have injected new urgency into the summit.
Germany could suffer if the European Union slaps additional import duties on electric vehicles made in China with any protectionist move risking retaliation, according to the country’s transport minister.
When Claudio de Sanctis was promoted in July to oversee Deutsche Bank AG’s vast German retail operations, he wasted no time in making his mark.
China’s property slump remained a drag on the economy in September despite several steps taken by authorities in recent months to bolster the sector.
