Investing.com -- Artificial intelligence is reshaping Asia-Pacific equity markets, positioning the region at the center of global AI development in hardware, infrastructure, and applications. The global AI market is projected to expand from more than $300 billion in 2025 to nearly $1.2 trillion by 2030, with about $1 trillion of cumulative investment expected in APAC. Taiwan dominates AI foundry s ...
(Reuters) -Fitch Ratings revised Poland’s outlook to "negative" from "stable" on Friday, citing growing risks to public finances as the key driver. The agency flagged wider-than-expected deficits and a lack of credible fiscal consolidation plans, warning that political hurdles could delay reforms ahead of the 2027 parliamentary elections. It now sees government debt climbing more steeply, approa ...
(Reuters) -Swedbank on Saturday said that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the bank without enforcement. The investigation was initiated in 2019 and concerned Swedbank’s historic disclosures of information, the company said. In 2019, Swedbank admitted to failings in combating money laundering and said it was under investigation by multiple U.S. ...
Investing.com -- U.S. stocks were lower on Friday as of midday following the latest labor market data that showed the U.S. economy added fewer jobs than anticipated in August. However, the S&P (just) and Nasdaq were still on course for weekly gains. Here are Investing.com’s stocks of the week. Broadcom Broadcom shares surged Friday, up more than 10% as of 12:45 pm ET after the company p ...