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Now, investment advisors are finding new and expansive use cases for AI in financial management. Vanguard is using AI to aggregate information from earnings transcripts and research reports, and has recently begun using AI to manage four of its stock funds. State Street is adding a generative AI feature to its platform which will answer customer questions about their portfolio and run analyses on portfolio data. There are some risks to using AI in investing, especially when your money could be on the line. Congress has pushed back on the rule, but Crawford is confident that AI regulation is in the cards, given the technology's far-reaching nature.
Persons: , Alec Crawford, They're, Crawford, it's, chatbots — Organizations: Service, Inc, JPMorgan, Vanguard, Business, SEC, GameStop
About halfway through Thursday night’s presidential debate, the moderators asked former President Donald Trump about Jan. 6. Amid all the focus on President Biden’s unsteady performance, it might have been easy to miss Trump’s answer. Trump seized the moment to turn the debate stage — with the biggest audience he’s enjoyed since his presidency — into the latest theater for his yearslong effort to rewrite the story of Jan. 6, 2021. And he twice ignored questions about whether he would accept the results of the next election before agreeing to do so only under certain conditions. Over the course of several exchanges with Biden and the moderators, CNN’s Jake Tapper and Dana Bash, Trump downplayed the most damaging attack on the Capitol since the War of 1812, falsely blamed the security lapses that day on former Speaker Nancy Pelosi and defended the more than 1,000 people who have been charged with participating in the deadly violence.
Persons: Donald Trump, Trump, he’s, , Biden, Jake Tapper, Dana Bash, Nancy Pelosi Organizations: Jan, Capitol
CNN —CNN Opinion asked political contributors to weigh in on the first presidential debate of the 2024 race. On the other hand, President Joe Biden did not meet expectations and may have increased concerns about his age and ability to lead for another four years. Debates are always more about style than substance, and President Joe Biden’s style was simply awful. Did President Joe Biden come off as a leader or a loser? And yes, the visuals in this first presidential debate of the cycle were phenomenally important.
Persons: Ana Marie Cox, Joe Biden’s, Donald Trump, Biden, Ana Marie Cox Faith Fonseca, Trump, mumbling, I’m, Shermichael Singleton, Joe Biden, Paul Begala, ” “, ” Paul Begala, meandered, , Republicans — Biden, Bill Clinton’s, Clinton, Jeff Yang, Jeff Yang CNN, — Biden, Joe, Bruce, , , ” Patrick T, Brown, Biden’s, Dobbs, Roe, Wade, Patrick T, CNN’s Dana Bash, David Mark, there’s, Kamala Harris, Harris, Nikki Haley, ” Geoff Duncan, Geoff Duncan Alex Slitz, Geoff Duncan, Peter Bergen, Abu Bakr al, General Qassem Soleimani, It’s, ” Susanne Ramirez de Arellano, Susanne Ramirez de Arellano Frank Moya, Biden “, ” Trump, Susanne Ramirez de Arellano, Roxanne Jones, Democrats — Biden, Nobody, Jones, Lanhee J, Chen, Chen Lanhee J . Chen, David, Diane Steffy, Romney, Ryan Organizations: CNN, Democratic Party, Biden, Trump, , Global, Democrats, ” Paul Begala CNN, Republicans, Democratic, sonics, Public Policy Center, Economic, Republican, South Carolina Gov, Democratic National Convention, Washington, Peter Bergen CNN, US Border Patrol, ISIS, Islamic, Guards, Force, Walmart, New America, Capitol, New, Arizona State University, Social Security, Medicare, UCLA, Politics Initiative, America, Tonight, Univision Puerto Rico, ESPN, New York Daily News, Philadelphia Inquirer, Public Policy, Hoover Institution Locations: Texas, Austin, America, Asian America, Washington , DC, bravura State, Canada, Abu, Uzbek, Manhattan, El Paso , Texas, New America, United States
Washington CNN —Donald Trump used to tell his fans that he’d win so much, they’d get tired of winning. The ex-president’s lawyers are already signaling they will seek to get evidence tossed and obstruction counts against the ex-president dismissed. The court released its decision ahead of an even more critical case that will bear more directly on Trump’s criminal entanglements. A second 2020 election case, in Georgia, is also stalled – partly over a controversy and appeals process triggered by a relationship between District Attorney Fani Willis and a prosecutor she appointed. Trump is only three years younger than Biden and often lapses into gibberish in campaign events.
Persons: Washington CNN — Donald Trump, they’d, Joe Biden’s, Trump, ” Trump, Jack Smith, Aileen Cannon, Cannon, , Fani Willis, Juan Merchan, it’s, Biden, Biden’s, he’s, , overstepped, Smith, CNN’s Paula Reid, , ” Cannon Organizations: Washington CNN, Trump, America, , Justice Department, Capitol, Republican, WIN, White, Republican National Convention, Biden, Justice, Trump . Trump’s Locations: Atlanta, Virginia, Florida, Lago, Georgia, New York, Milwaukee , Wisconsin
An all-out war between Israel and Hezbollah — the Iranian-backed Lebanese Shia militant and political organization, called a terrorist group by the U.S. and U.K. — would be devastating for both sides. At least 150,000 residents of southern Lebanon and northern Israel have been evacuated from their homes and are internally displaced due to the regular cross-border fire. "A full-fledged war between Israel and Hizbullah would be a disastrous event for the region, including both Israel and Lebanon," Victor Tricaud, a senior analyst at consulting firm Control Risks, told CNBC. Smoke and flame rise after Hezbollah carried out a missile attack on Safed city, northern Israel on June 12, 2024. Hezbollah: 10 times stronger than HamasHezbollah is considered to be among the most heavily armed non-state groups in the world.
Persons: Rabih Daher, , Joe Biden, Amos Hochstein, Lloyd Austin, Hizbullah, Victor Tricaud, Tricaud, Nimrod Novik, , Hassan Nasrallah, Wissam Tawil, Mahmoud Zayyat Organizations: AFP, Getty, U.S, Hezbollah, . Defense, Palestinian, Hamas, Reuters, CNBC, Anadolu, Israel, Forum, Israel Policy Forum, Afp Locations: Lebanese, Khiam, Israel, Lebanon, Gaza, Iran, Safed, Forum Lebanon, Lebanon's, Kherbet Selm
With the rest of the world distracted by wars in Gaza and Ukraine, Iran has moved closer than ever to the ability to produce several nuclear weapons, installing 1,400 next-generation centrifuges in recent weeks inside a facility buried so deep that it is all but impervious to bunker-busting bombs. The sharp technological upgrade goes hand in hand with another worrisome change: For the first time, some members of Iran’s ruling elite are dropping the country’s decades-old insistence that its nuclear program is entirely for peaceful purposes. Instead, they are publicly beginning to embrace the logic of possessing the bomb, arguing that recent missile exchanges with Israel underscore the need for a far more powerful deterrent. In interviews with a dozen American, European, Iranian and Israeli officials and with outside experts, the cumulative effect of this surge appears clear: Iran has cemented its role as a “threshold” nuclear state, walking right up to the line of building a weapon without stepping over it. American officials are divided on the question of whether Iran is preparing to take that final step or whether it will determine it is safer — and more effective — to stay just on the cusp of a weapons capability, without openly abandoning the last of its commitments as a signer of the Nuclear Nonproliferation Treaty.
Locations: Gaza, Ukraine, Iran, Israel
Preferred stocks can offer investors plenty of attractive income – and do so at a favorable tax rate – but they should proceed with caution before adding them to their portfolio. Preferred stocks are hybrid assets, combining attributes of bonds and equities, and their issuers include banks and utilities . He said these securities make up no more than 15% of his clients' fixed income allocation. Preferred investors would be paid before the stockholders, but they are well behind the bondholders in terms of priority. There is also the iShares Preferred and Income Securities ETF (PFF) , which has a 30-day SEC yield of 6.33%.
Persons: preferreds, Ken Waltzer, Frank Sileo, Collin Martin, Tapping, Wells Organizations: Wealth, UBS Financial Services, Americas, UBS, Poor's, Schwab Center, Financial Research, Trust Preferred Securities, SEC, Holdings, Barclays, Securities ETF, Citigroup, NextEra Locations: Los Angeles, Wells Fargo, Albemarle
The U.S. ambassador to China Nicholas Burns attends the 10th World Peace Forum on July 4, 2022 in Beijing, China. The 10th World Peace Forum opened in Beijing on Sunday. The U.S. ambassador to China said Beijing is undermining ties between the two countries despite the agreement between the two sides to boost engagement, according to the Wall Street Journal. It comes as ties between the U.S. and China have somewhat warmed after Xi and Biden met in California on the sidelines of the APEC summit in November. Since then, Chinese officials have welcomed top American diplomats in Beijing, including Treasury Secretary Janet Yellen and Secretary of State Anthony Blinken.
Persons: China Nicholas Burns, Joe Biden, Xi Jinping, Nicholas Burns, Xi, Biden, Janet Yellen, State Anthony Blinken Organizations: Sunday, Wall Street, WSJ, U.S, APEC, State Locations: China, Beijing, U.S, California
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Beijing has long touted its ambitions for increasing global use of the Chinese yuan — also known as the "renminbi" or "RMB" — in an international financial market where the U.S. dollar is the dominant currency. watch nowLast year, the HKEX announced a "Dual-Counter" program that allows investors to trade Hong Kong-listed securities in Hong Kong dollars or Chinese yuan. The euro was slightly higher at 5.6%, while the U.S. dollar dominated with a nearly 85% share, the data showed. A maturing financial marketDeveloping more Chinese yuan-denominated investment products also requires a maturation of the local financial sector.
Persons: China’s renminbi, Athit Perawongmetha, Bonnie Chan, Chan, We're, SWIFT, Fred Hu, Hu, it's, Patience, Kenny Lam Organizations: Reuters, Hong Kong Exchanges, U.S ., International Monetary Fund, U.S, Primavera Capital, Sigma Asia Locations: U.S, Bangkok, Thailand, Reuters DALIAN, China, Beijing, Russia, Dalian, Hong Kong, Shanghai, Pacific
CNN —The Supreme Court on Wednesday sided with the former mayor of an Indiana city accused of accepting a bribe in exchange for a towing contract, the latest decision in which the high court has weakened federal anti-corruption laws. James Snyder, the former mayor of Portage, Indiana, was convicted of accepting $13,000 from a trucking company weeks after it was awarded a contract. The law at issue makes it a federal crime for local officials to “corruptly” take anything valued at over $5,000. Part of the challenge of the case was setting a standard for how to define “corruptly.”In a series of recent decisions, the Supreme Court has adopted a narrow interpretations of federal anti-corruption laws. Last year, the court tossed out fraud convictions in two cases involving former aides of then-New York Gov.
Persons: James Snyder, Snyder, Brett Kavanaugh, Portage Mayor James Snyder, Kyle Telechan, , Andrew Cuomo Organizations: CNN, Portage Mayor, Tribune, New York Gov Locations: Indiana, Portage , Indiana, Hammond , Indiana
HKEX CEO aims for more large-scale IPOs this year
  + stars: | 2024-06-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHKEX CEO aims for more large-scale IPOs this yearBonnie Chan, the new CEO of Hong Kong Exchanges and Clearing Limited, discusses her first 100 days and outlook at the World Economic Forum's Annual Meeting of the New Champions in Dalian, China.
Persons: Bonnie Chan Organizations: Hong Kong Exchanges, New Locations: Dalian, China
CNN —Julian Assange is no martyr, but the Trump administration’s continued pursuit of the WikiLeaks founder ended up making him one — in the eyes of many Australians. Assange, who was released from prison in the UK on June 24, has long been a polarizing figure in his native Australia. Once Assange pleads guilty, under the plea agreed with the US, he will have spent five years in solitary confinement. Assange’s WikiLeaks disclosures put Western human intelligence sources at risk by the way they were dumped on the internet unredacted. He is reported to be heading to Canberra where he’ll be given a hero’s welcome by some, including his family and hardline supporters.
Persons: Latika Bourke, , Read, CNN — Julian Assange, Trump, Latika Bourke Louis Douvis, Assange, narcissist, Pamela Anderson, Vivienne Westwood, Assange “, Chelsea Manning, Matt Canavan, ” Canavan, Julian Assange, Saeed Khan, Canavan, “ he’s, George W, , Assange’s, Julian Hill, Stella Assange, indefatigably, Hill, Caroline Kennedy, Joe Biden, Anthony Albanese, Albanese’s, Albanese, Scott Morrison, he’s, ” Hill, Assange hasn’t, he’ll Organizations: Nightly, Sydney Morning Herald, Love, CNN, WikiLeaks, Trump, US Army, Australian, Wikileaks, Getty, Reuters, Australian Labor, Democrat, Labor, Liberal, Twitter, Facebook Locations: Australian, India, British, Ecuadorian, London, Sweden, Sydney's, Australia, AFP, Saipan, Northern Mariana Islands, Iraq, Canberra
CNN —Federal Judge Aileen Cannon said Tuesday she had “a hard time seeing” any problems with the warrant the FBI obtained to search former President Donald Trump’s Mar-a-Lago estate in the summer of 2022. Trump’s attorney Emil Bove had argued that the warrant was overly broad and unjustly allowed agents to search the entire Mar-a-Lago premises. Bove, like in other recent hearings in the classified documents case, wants the judge to hold even more hearings that could probe into the investigators’ work. “They purported to look for classified documents in a gym and a kitchen,” he added. Investigators say they found classified documents in various places at the resort, including a public ballroom, a bathroom and a bedroom.
Persons: Aileen Cannon, Donald Trump’s Mar, Cannon, Emil Bove, Trump, Walt Nauta, Carlos De Oliveira, Jack Smith, “ We’re, ” Bove, wasn’t, , David Harbach sparred, Harbach, Bove, hadn’t, Organizations: CNN, FBI Locations: Lago, Fort Pierce , Florida, Cannon, Mar
Read previewIn September 2021, Mark Zuckerberg threw his PR team into a crisis situation. The story said part of the strategy involved Zuckerberg posting more lighthearted content to help rehab his image, and cited a video he had posted of himself riding a hydrofoil while holding an American flag. In those messages, you can see how the PR team agonized over Zuckerberg's desire to post a zinger about the misidentified hydrofoil. Nick Clegg, head of public policy at Meta, was also strongly against Mark posting something flippant about the hydrofoil. A warning label is a misguided idea, in my opinion, but it is a pesky public problem for Meta.
Persons: , Mark Zuckerberg, Zuckerberg, Ryan Mac, Tucker Bounds, John Pinette, Pinette, I'm, Nick Clegg, Clegg, Meta Organizations: Service, New York Times, Business, Meta, The New York Times, Twitter, Facebook, US, MZ, Street Locations: New York, EU
CNN —If you’re in need of a good cry, release your tears and rewatch “The Notebook” as it turns 20 on Tuesday. The beloved romance movie, starring Ryan Gosling and Rachel McAdams as a young couple separated by class, released on June 25 2004. “It’s also a story of memory.”Here are five unforgettable exchanges from “The Notebook” movie:• “So it’s not gonna be easy. I’ll be seeing you.” Noah to Allie• “Now, say you’re a bird.”“If you’re a bird, I’m a bird.” Allie and Noah• “Why didn’t you write me? I wrote you everyday for a year.”“You wrote me?”“Yes… it wasn’t over, it still isn’t over.” Allie and Noah
Persons: Ryan Gosling, Rachel McAdams, Nick Cassavetes, Nicholas Sparks, James Garner, Gena Rowlands, Noah Calhoun, Allie Hamilton, Cassavetes, ” Cassavetes, Rowlands, , Allie, she’s, ” Sparks, “ It’s, ” Noah, Allie • “, I’m, ” Allie, Noah • “, ” “, Noah Organizations: CNN, Entertainment, CBS Locations: South Carolina
A hard-won provision of the Affordable Care Act allows young adults to stay on their family’s insurance until age 26. But after that, those without employer-based insurance face an array of complicated choices, including whether to shop on the insurance plan exchanges, apply for Medicaid or roll the dice and go uninsured. Are you a young adult confused about navigating the exchanges used to pick plans? Have you married or taken a job just to get insurance? I’m a longtime health journalist who has worked at both The New York Times and KFF Health News, an independent news organization covering health policy.
Persons: I’m Organizations: Affordable, Medicaid, New York Times, KFF Health
CNN —Mattia Zaccagni’s last-minute stunner earned Italy a 1-1 draw and sent the defending champion through to the last-16 of Euro 2024, breaking Croatia’s hearts in the process. Luka Modrić’s goal 10 minutes into the second half after he had just missed a penalty looked like it would be enough to earn the Vatreni a place in the knockout stages. Late dramaCroatia has proven to be a real bogey team for Italy over the years. The Azzurri hadn’t tasted victory over Monday’s opponent in their previous eight meetings, a run stretching back to November 1994. Few teams in world football know how to eke out a result when it matters the most and there will not be a country that relishes the prospect of facing this resilient Italy team.
Persons: CNN — Mattia Zaccagni’s, Luka Modrić’s, Zaccagni, Riccardo Calafiori’s, Dominik Livaković, Torres, Dani Olmo’s, hadn’t, Italy’s, La, Luka Modrić, Christophe Simon, Luka Sučić, Gianluigi Donnarumma, Mateo Retegui, Nicolò, Alessandro Bastoni, Lorenzo Pellegrini, Ante Budimir, Mario Pašalić, Davide Frattesi, Modric, Donnarumma, Ronny Hartmann, Bastoni Organizations: CNN, Italy, Croatia, Albania, La Roja, Getty Images Locations: Spain, Croatia, Italy, Croatia’s, Albania, Germany, AFP, Livaković, Getty Images Italy
Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.
Persons: isn’t, Joe Biden’s, Donald Trump’s, , Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, , Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, , Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, , White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs
In some ways, that puts both men on equal footing when they walk onto Thursday’s debate stage. National ArchivesRonald Reagan, who like Biden retreated to Camp David for debate preparations in 1984, did not appear to his aides entirely engaged in the exercises. Walking off the debate stage after a rambling final answer, Reagan confessed to aides that he’d flopped. “They’re making me do my homework.”Walking off the debate stage in Denver, Obama did not initially realize just how bad his confrontation with Romney had gone. “On Social Security, we’ve got a somewhat similar position,” Obama told Romney during one of the exchanges that caused Obama’s advisers to cringe.
Persons: CNN — Joe Biden, Barack Obama, Obama, ” Biden, Biden, David, Donald Trump, , David Axelrod, Trump, hasn’t, Ron Klain, Pete Souza, hector, , ” Trump, Brett O’Donnell, Nancy Reagan, National Archives Ronald Reagan, Camp David, peruse, Reagan, he’d, Walter Mondale, George H.W, Bush, Bill Clinton, Clinton, George W, wasn’t, John Kerry, scowls, Mitt Romney’s, Joe Biden, Kristen Welker, Chip Somodevilla, ” Axelrod, Romney, we’ve, ” Obama, cringe, Klain Organizations: CNN, Biden, Oval Office, Air Force, Democrat, Trump, White, Republican, Camp, National Archives, Republican National, Democratic, NBC, Belmont University, Getty, Social Security, Camp David Locations: Iowa, Denver, Atlanta, Henderson , Nevada, Cleveland, Camp David , Maryland, Nashville , Tennessee, Las Vegas, Nevada
CNN —Columbia University says it’s placed three administrators on leave pending a university investigation of a weeks-old incident at an alumni reunion event. The university, which reiterated its commitment to combatting antisemitism, did not share any specifics for the leave. Columbia College Dean Josef Sorett said in a statement to the Spectator that he “deeply regret(s)” his role in the texts. “The Dean of Columbia College informed his team yesterday that three administrators have been placed on leave pending a university investigation of the incident that occurred at the College alumni reunion several weeks ago,” a Columbia spokesperson said in a statement to CNN. Josef Sorett, the dean of Columbia College, said in a statement provided to CNN he was cooperating with the investigation.
Persons: it’s, Columbia College Dean Josef Sorett, , , , Minouche Shafik, Shafik, Representative Virginia Foxx, ” “, ” Foxx, Josef Sorett, ” Sorett, CNN’s Matt Egan, Artemis Moshtaghian Organizations: CNN — Columbia University, Washington Free Beacon, Columbia Spectator, Columbia College, Spectator, CNN, College alumni, Columbia, “ Columbia College, Hamilton, Representative, Education, Workforce, University, Columbia College Board, Visitors, New York Times Locations: Columbia, Israel
CNN —China on Friday threatened to impose the death penalty in extreme cases for “diehard” Taiwan independence separatists, a ratcheting up of pressure even though Chinese courts have no jurisdiction on the democratically governed island. The guidelines are being issued in accordance with laws already on the books, including the 2005 anti-succession law, Xinhua said. That law gives China the legal basis for military action against Taiwan if it secedes or seems about to. Sun Ping, an official from China’s Ministry of Public Security, told reporters in Beijing the maximum penalty for the “crime of secession” was the death penalty. Such punishments have little practical effect as Chinese courts do not have jurisdiction in Taiwan, whose government rejects Beijing’s sovereignty claims.
Persons: Lai Ching, , Lai, Sun Ping, Hsiao Organizations: CNN, diehard, Xinhua, China’s Ministry of Public Security, Reuters, Senior Locations: China, Taiwan, Beijing, United States
The leader of Hezbollah has vowed a fight with "no rules and with no red lines" if full-out war erupts between the Lebanese militant group and Israel, warning Cyprus against getting mired in the conflict. Lebanon and Israel have regularly traded cross-border fire since the start of the Jewish state's war against Palestinian militant group Hamas — which, like Hezbollah, is backed by Iran — in the Gaza Strip. The Hezbollah leader also threatened war against the Mediterranean island of Cyprus, if the European Union member permits Israel to launch military operations from its territory. Nasrallah accused Israel of "conducting maneuvers in preparation for the Lebanon war" in Cyprus, without disclosing his sources. In response to Nasrallah, Cyprus' President Nikos Christodoulides on Wednesday stressed that his country is not involved in the conflict and is, in fact, part of the solution, according to the Cyprus News Agency.
Persons: Iran —, Taleb Sami Abdullah, General Sayyed Hassan Nasrallah, Seth Frantzman, Nasrallah, Israel, Manar, Nikos Christodoulides Organizations: Palestinian, Hamas, Hezbollah, Foundation, Defense, Democracies, Associated Press, European Union, Cyprus News Agency, CNBC, Cypriot Ministry of Foreign Affairs Locations: Israel, Cyprus, Lebanon, Iran, Gaza, U.S, Cypriot
India has undergone a massive infrastructure push and has made significant strides in connecting and modernizing its highways, railways and airports. He's going to double down on that," said Samir Kapadia, CEO of India Index and managing principal at Vogel Group. "Along with creating physical infrastructure, India needs to remain steadfast on the structural reforms ... Increase foreign investmentsFrom veteran emerging markets investor Mark Mobius to global strategist David Roche, market experts remain bullish on India. Foreign direct investments into the country needs to however pick up pace to further drive economic growth and development, analysts told CNBC.
Persons: Vikram Singh, Narendra Modi, Modi, Reema Bhattacharya, Verisk, Modi's, he's, Samir Kapadia, Nirmala Sitharaman, Santanu Sengupta, Goldman Sachs, Sengupta, Richard Rossow, Kapadia, Sumedha Gupta, Vivek Prasad, Prasad, Mark Mobius, David Roche Organizations: Bharatiya Janata Party, BJP, Infrastructure, India Index, Vogel Group, Nurphoto, CNBC, Center for Strategic, International Studies, Padget Electronics, Dixon Technologies, Bloomberg, Getty, Research, India Electronics, Semiconductor Association, Economist Intelligence Unit, Centre, Monitoring, National Stock Exchange of, World Federation of Exchanges Locations: India, Asia, China, Mumbai, Noida, PwC India, National Stock Exchange of India
But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.
Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs
CNN —Ecuador is temporarily suspending a visa waiver agreement with China, citing evidence of irregular migration flows of Chinese citizens through the small South American country. A statement from the Ecuadorian Foreign Ministry on Tuesday said that about half of Chinese citizens who entered the country in recent months did not leave through “regular routes” or within the 90 days they were permitted to stay. In 2023, Ecuador documented 48,381 entries by Chinese nationals and about 24,240 exits, leaving a difference of 24,141 – the highest number of any nationality, according to data from the national statistics institute. By contrast, Ecuador documented around 13,000 Chinese nationals entering in 2022. Ecuador said it is committed to the security of visitors to prevent them from being victims of human trafficking as well as ensuring “adequate national immigration control.”Asked about Ecuador’s decision to suspend visa waivers, Chinese foreign ministry spokesperson Lin Jian said, “Since the China-Ecuador Mutual Visa Exemption Agreement came into effect in August 2016, it has played a positive role in bilateral personnel exchanges and practical cooperation in various fields.”Lin added that China “firmly opposes any form of smuggling activities” and that its law enforcement agencies have “vigorously cracked down on illegal crimes that impede border management.”
Persons: zou xian ”, , Lin Jian, ” Lin, China “ Organizations: CNN, Ecuadorian Foreign Ministry, Ecuador Locations: Ecuador, China, Quito
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