Arkib Harian: November 24, 2023

Investors flock back to AI fund on rate cut hopes, Nvidia results

Investors flock back to AI fund on rate cut hopes

(Reuters) – An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong quarterly results by chipmaker Nvidia and rising optimism that U.S. interest rates have peaked. The Global X Robotics & Artificial Intelligence ETF received $35.5 million in …

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S P Setia to launch Bayu Avenue in Setia Bayuemas

S P Setia to launch Bayu Avenue in Setia Bayuemas

KLANG: S P Setia Bhd plans to to launch Bayu Avenue, another collection of freehold double-storey shop offices in Setia Bayuemas township on Nov 25, 2023. It’s the third phase of commercial development in the area. In a statement, S P Setia said Bayu Avenue is positioned as an ergonomic …

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Analysis-Binance CEO Teng braced for uphill battle in post-Zhao era

Analysis Binance CEO Teng braced for uphill battle in post Zhao era

LONDON (Reuters) – Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance’s new chief Richard Teng faces daunting challenges in turning a new leaf for the world’s biggest crypto exchange. Teng was quickly appointed CEO this week after Binance’s founder Changpeng Zhao pleaded guilty to …

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