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ING: Turning AI Pilots Into Production
ffnews18h ago

ING: Turning AI Pilots Into Production

In this conversation, Marco Li Mandri of ING offers a concrete, execution-focused view of what [...]The post ING: Turning AI Pilots Into Production appeared first on FF News | Fintech Finance.

#TECH
China Orders Banks to Cut U.S. Treasury Holdings: Is This Bullish for Bitcoin and Crypto?
coinpedia18h ago

China Orders Banks to Cut U.S. Treasury Holdings: Is This Bullish for Bitcoin and Crypto?

The post China Orders Banks to Cut U.S. Treasury Holdings: Is This Bullish for Bitcoin and Crypto? appeared first on Coinpedia Fintech NewsChina has ordered major banks to reduce their U.S. Treasury holdings, signaling a major shift in global finance. The move reflects rising concerns over U.S. debt risks and market volatility Experts believe that this decision could create new opportunities for Bitcoin and the overall crypto market. China Orders Banks to Reduce U.S. Bond Exposure Reports ...

#CRYPTO#COMMODITIES
India can emerge as biologics hub with right execution, says Wockhardt Chairman
cnbctv1818h ago

India can emerge as biologics hub with right execution, says Wockhardt Chairman

Habil F Khorakiwala, Founder and Chairman of the Wockhardt Group, said a key growth driver for the company is its new antibiotic candidate, Zaynich. He said Wockhardt is preparing to launch the drug in the US largely on its own, rather than tying up with a larger pharmaceutical company, as it sees independent commercialisation as a logical next step after successfully developing the drug through its in-house research capabilities.

#STOCKS
HK ends up past 27,000 mark amid Asian bullishness
rthk_en18h ago

HK ends up past 27,000 mark amid Asian bullishness

Mainland stocks had their best day in a month on Monday while Hong Kong shares also rebounded, inspired by a record-breaking performance on Wall Street, and bullish Asian markets led by Japan.The benchmark Hang Seng Index shot up 467 points, or 1.76 percent, to 27,027.The China enterprises index was up 135 points, or 1.5 percent, at 9,166 while the tech index was up 70 points, or 1.31 percent, at 5,416.The benchmark Shanghai Composite Index ended up 57 points, or 1.41 percent, at 4,123.The Shenzhen Component Index closed 301 points, or 2.17 percent, higher at 14,208 while the ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was 96 points, or 2.98 percent, up at 3,332.Brokerages, meanwhile, recommend investors cling to their stock holdings ahead of next week's Lunar New Year festival, saying the correction, which had brought the China market down over four percent from its January 29 peak, likely ended.China's blue-chip CSI300 Index climbed 1.6.Risk appetite grew after the Dow Jones Industrial Average closed above the 50,000 mark for the first time on Friday.Japanese stocks swept to record peaks on Monday after Sanae Takaichi scored a landslide win in Sunday's snap election.Caitong Securities said China's stock turnover is shrinking ahead of the week-long holiday, but the index is starting to rise, "signalling the market correction is almost over"."Investors who are willing to hold the stocks through the festival will be rewarded," Caitong said.Guosheng Securities, Haitong International and Huajin Securities dispensed ⁠similar advice.Chinese film producers, media and entertainment stocks led gains as investors bet holiday spending will boost their revenue.Real-world-asset-related stocks, such as Guotai Junan International and GCL Energy Technology, rose on bets that they'd benefit from Beijing's move to set up a legal framework for RWA tokenisation business.Mainland and Hong Kong gold-linked stocks also bounced, after news that China's central bank extended its gold buying spree ⁠for a 15th month in January. (Agencies/Xinhua)

#STOCKS#COMMODITIES
Bitcoin steadies above $70,000 after a turbulent week
startupnews18h ago

Bitcoin steadies above $70,000 after a turbulent week

Bitcoin is trading above $70,000 after a volatile week, suggesting tentative stabilization as investors reassess risk appetite. After days of sharp moves, bitcoin has found a measure of calm. The world’s largest cryptocurrency is holding above the $70,000 level following a volatile week marked by rapid gains and pullbacks. The stabilization suggests that, for now, [...]

#CRYPTO
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