News

Tinder rolls out mandatory face verification for California users
[ad_1] West Hollywood-based Tinder is now requiring facial recognition scans for all users in California as part of its efforts to build trust among users and reduce the prevalence of...
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
[ad_1] The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assetsPublished Tue, Jul 1, 2025 · 05:52 PM[LONDON] BNP Paribas...
MAS proposes to improve complex product labelling and disclosures for investors
[ad_1] [SINGAPORE] Investors in Singapore may soon gain clearer disclosures and improved guidance for complex products, following the implementation of proposed amendments by the Monetary Authority of Singapore (MAS). The central...
No compulsory financial advice needed for most retail investors under proposed MAS changes
[ad_1] [SINGAPORE] Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even where they may not have the relevant...
Landmark EU tech rules holding back innovation, Google says
[ad_1] [BRUSSELS] Alphabet’s Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big Tech are hampering innovation to the...
Chinese automakers grab record hybrid market share in Europe
[ad_1] [LONDON] Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric vehicle (EV) market...
Three senior Mizuho FX/rates traders exit in Singapore, London
[ad_1] Published Tue, Jul 1, 2025 · 11:44 AM[SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar...
Shell-led LNG Canada ships first cargo to meet Asian demand
[ad_1] [LONDON] Shell has started exports from Canada’s first liquefied natural gas (LNG) project, helping to meet rising Asian demand and extending its position in the global LNG market.The first...
South Korea wealth fund to boost bets on AI startups, eyes China tech
[ad_1] [SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial...
South Korea factory activity shrinks for fifth month but at milder pace: PMI
[ad_1] [SEOUL] South Korea’s factory activity contracted for the fifth straight month in June, though the pace of decline eased, supported by improving domestic economic prospects under the country’s new...
Apple weighs using Anthropic or OpenAI to power Siri in major reversal
[ad_1] [LOS ANGELES] Apple is considering using artificial intelligence (AI) technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining its own in-house models in a...
Oil edges down on easing Middle East risks but gains for a second month
[ad_1] [HOUSTON] Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible Opec+ output increase in August.Both Brent and US crude oil benchmarks posted their biggest weekly declines...