UBS

Exclusive: South Korea aims to join AI race as startup Rebellions launches new chip

South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul…

3 years ago

Analysis: Japan is chasing its tail on yen intervention

As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen,…

3 years ago

Oil prices fall as Libya resumes output, global demand outlook darkens

Oil prices fell on Friday on a weakening global demand outlook and the resumption of some Libyan crude oil output.

3 years ago

If history repeats itself, equities set for brief relief in July

If history is any indicator of the future, the first two weeks of July could bring relief to investors after…

3 years ago

With IPOs on ice, banks’ stock offering fees plummet

Recession fears and Russia's invasion of Ukraine sent a chill through equity capital markets (ECM) in the second quarter, depriving…

3 years ago

Oil slides on release of strategic reserves and China lockdowns

Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to…

4 years ago

Oil prices rise on tight supplies, stable demand

Oil prices rose on Tuesday, recovering some of the previous session's losses as Kazakhstan's supplies continued to be disrupted and…

4 years ago

Oil rises above $105 after Russia attacks Ukraine

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia's…

4 years ago

Global tech stocks stage tentative recovery after Meta rout

Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon (.AMZN) convinced traders not to give…

4 years ago

Santander lifts profits as it releases pandemic provisions

Spain's Santander (SAN.MC) released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in…

4 years ago