It is “premature” to bet on a cut to interest rates, Francois Villeroy de Galhau, France’s central bank governor, told CNBC exclusively on Monday.
A top European software investor raises $700 million — defying the venture capital slump
Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds.
China property stocks tumble as Evergrande drops 25% on debt restructuring roadblock
Chinese real estate giant Evergrande announced it is unable to issue new notes, and rescheduled a debt restructuring meeting with its creditors.
China-EU relationship is at a crossroads, top official says in Beijing
China’s relationship with the European Union needs to change, as the bloc’s trade chief asks for more openness and fairness from Beijing.
Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
E-commerce giant Amazon on Monday said it will invest up to $4 billion in Anthropic and take a minority ownership position in the company.
Ukraine claims Black Sea Fleet commander, officers died in Crimea strike; Poland tries to ease tensions with Kyiv
Ukraine’s important port city of Odesa suffered what officials called “significant damage” in a large-scale Russian attack overnight.
Central banks across Europe pause for breath after mammoth rate hike run, but face ‘triple dilemma’
Several European central banks look set for a pause, but resurgent inflationary pressures and slowing growth may complicate the job ahead.
Writers reach tentative deal with studios to end strike after nearly 150 days
Talks between the Writers Guild of America and the Alliance of Motion Picture and Television Producers resumed last week after months of starts and stops.
‘Who should I hire? Will I get rich?’ Fortune telling is a booming business in Singapore
From wealth, to weddings, and who to work with, more and more people are turning to fortune telling in Singapore.
Indonesia’s EV ambitions could help boost investments in the rest of Southeast Asia
Indonesia’s EV development is poised to be the “gateway” for further investments in ASEAN, and could play a major role in building the region’s EV ecosystem.
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