Arkib Harian: November 16, 2023

Fed’s Williams touts need for more market data transparency

Feds Williams touts need for more market data transparency

NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Thursday good data is key for market participants, central banks and regulators, and more should be done to increase its availability. “Having access to an abundance of data is a wonderful problem to have,” Williams said. …

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Alibaba scraps cloud business spin-off citing US chip curbs

Alibaba scraps cloud business spin off citing US chip curbs

ALIBABA Group on Thursday scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. The announcement came alongside in-line second-quarter revenue from the Chinese e-commerce group, which in March had unveiled plans to carve out the cloud business as …

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