Nobel Laureate Paul Romer, a former chief economist of the World Bank and now professor of Boston College, says runaway confidence in artificial intelligence risks repeating the mistakes of the crypto hype bubble of only two years ago. He speaks from the sidelines of UBS Asian Investment Conference in Hong Kong on “Bloomberg: Daybreak Australia.” (Excerpt of…
Nobel Laureate Paul Romer, a former chief economist of the World Bank and now professor of Boston College, discusses the prospects for the US economy and Federal Reserve policy. He also shares his views on artificial intelligence as he speaks from the sidelines of UBS Asian Investment Conference in Hong Kong on “Bloomberg: Daybreak Australia.” (Source: Bloomberg)…
The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with the progress made in…
As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s biggest customer. from Bloomberg Markets https://ift.tt/mMGAcBf
Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders can help traders prepare for the next potential move in the price of an asset. Analysts at crypto data platform Santiment have revealed the accumulation…
UBS Head of APAC Product Mgmt Niall MacLeod, who is the curator overseeing the UBS Asian Investment Conference, discusses key take-aways from the event and client sentiment. He speaks with David Ingles and Annabelle Droulers on “Bloomberg Markets: Asia.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/4Izy2jB
South Africans vote in an election on Wednesday that looks set to reshape a political landscape dominated for three decades by the party that Nelson Mandela led to power. from Bloomberg Politics https://ift.tt/BFE41t5
https://www.wsj.com/articles/pepperand-salt-9dba1f63
With just hours left on the clock, advisers for BHP Group and Anglo American Plc were still struggling to find a breakthrough to salvage BHP’s ambitious $49 billion takeover plan. from Bloomberg Markets https://ift.tt/Cimro4q
Customs agents at US airports have barred entry to at least 20 students and scholars with valid visas since November in ‘more insidious’ version of disbanded China Initiative. from Bloomberg Politics https://ift.tt/cposONF