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CNA Economy Full text
Sept 25 : U.S. Federal Trade Commission Chairman Andrew Ferguson said on Friday he would resist describing AI agents as autonomous actors that "break loose" with "wills and desires of their own"."I'm going to continue as long as I am…
CNA Economy Full text
NEW YORK, Sept 25 : Chipmaker SK Hynix's Solidigm is considering an initial public offering as early as next year that could value the US subsidiary at up to $150 billion, according to three people familiar with the matter. Solidigm held…
CNA Economy Full text
NEW YORK, Sept 25 : A federal appeals court on Friday declined to block a Defense Department order blacklisting Anthropic from military contracts and deeming the AI startup a national security risk.The ruling from the US Court of Appeals…
CNA Economy Full text
WASHINGTON, Sept 25 : Kansas City Fed President Jeff Schmid said that as the artificial intelligence boom unfolds it will be important for the Fed to understand if the network of firms and contracts developing in the industry is becoming…
CNA Economy Full text
PARIS, Sept 25 : The organisers of the prestigious Goncourt literary prize said on Friday they had removed a smash-hit novel by Haitian-Canadian author Thelyson Orelien from their longlist after accusations he used AI to write it.Orelien…
CNA Economy Full text
BANGKOK, Sept 25 : Thailand's economy is expected to retain its momentum and grow by 2.5 per cent next year and could reach 3 per cent expansion within the next three years, the finance minister said on Friday, as the government pushes for…
CNA Economy Full text
STOCKHOLM, Sept 25 : An expected European Union vote on allowing Tesla's supervised Full Self-Driving (FSD) system across the bloc has been delayed from October, with the next apparent opportunity for a decision not before December…
CNA Economy Full text
Sept 25 : Microsoft on Friday unveiled several new capabilities in its Copilot app, including a coding tool and an always-on AI agent, as the software giant seeks to transform its AI assistant into a one-stop shop for office workers.The…
CNA Economy Full text
PARIS, Sept 25 : Crypto exchange Bitget has stopped allowing customer withdrawals following the theft of crypto worth approximately $351.6 million in a hack, it said, adding all user funds were safe.Bitget had noticed "unauthorised…
CNA Economy Full text
Sept 25 : An Alabama jury will hear the state's claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach…
CNA Economy Full text
TOKYO, Sept 25 : Japan's biggest oil and gas explorer, Inpex said on Friday it had exercised its pre-emptive rights to buy a 0.735 per cent stake in its Ichthys liquefied natural gas project in Australia from JERA, blocking a deal agreed…
CNA Economy Full text
HONG KONG: Asian markets were mixed on Friday (Sep 25) after recent oil price surges, as US and Japanese bond yields hit multi-year highs with no clear end in sight for the Middle East war.A two-month extension of a trade truce between the…
CNA Economy Full text
NEW DELHI, Sept 25 : India is not planning to make major changes to how disputes with foreign businesses are resolved, according to a source with direct knowledge of the government's review of bilateral investment treaties. Such a decision…
CNA Economy Full text
SYDNEY, Sept 25 : Even before a rogue OpenAI bot breached the database of Australia's health system, the government was escalating its rhetoric about the need to tighten regulation.The incursion on one of the country's most used government…
CNA Economy Full text
HANOI, Sept 25 : Japan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced talks to increase its stake in Vietnamese private lender VPBank, four people familiar with the negotiations said.SMBC, the banking arm of Sumitomo Mitsui Financial…
CNA Economy Full text
TOKYO, Sept 25 : Japanese automaker Suzuki Motor said on Friday it aims to halve development time for new vehicles by around 2030 from fiscal 2020 levels, while improving development and production efficiency.• Suzuki targets a 30 per cent…
CNA Economy Full text
LONDON, Sept 25 : Oil prices fell more than 1 per cent on Friday as markets weighed the possibility of a truce between the US and Iran against concerns that increasing attacks against Saudi Arabia by Houthi fighters could disrupt supply…
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