Business

Why Are Chinese Citizens More Optimistic About AI Than Americans? Live Q&A

Bloomberg reporters answer your questions about the gulf in AI optimism between the US and China in a Live Q&A on Friday, August 21, 2026 at 10 a.m. HKT.

Asia Investors Sour on India Despite Inflows | Insight with Haslinda Amin 8/20/2026

Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business…

China real estate giant Xu Jiayin sentenced to life in prison

The founder of China Evergrande Group, the world's most-indebted property developer, was sentenced to life in prison by a Chinese court on Thursday, five years after the firm's collapse shook the nation's economy and financial markets.

China’s Property Crisis: From Evergrande Collapse to Spiraling Prices

Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years. Real estate values continue to plummet, households in financial distress are being forced to sell properties, and…

Bond Investors Choose Italy Over France as Elections Loom

As markets brace for elections in Italy and France next year, a growing number of bond investors are betting that the political drama will be more muted in Rome than in Paris.

Thai PM Anutin’s Family Firm Eyes $1.5 Billion Data Center Bids

Stecon Group Pcl plans to bid for three data-center construction projects worth a combined 49.8 billion baht ($1.5 billion), betting on the sector to drive further growth as technology investment surges in Thailand.

I-T uncovers Rs 1.29 lakh cr overseas remittances trail; money sent to China, UAE & more

The probe comes as the rupee remains under significant pressure. The Reserve Bank of India has been regularly selling dollars in the foreign exchange market to contain volatility and prevent sharp, disorderly movements in the currency.

CVC-Led Group to Back Standard Life’s UK Pension Risk Transfers

Standard Life Plc agreed to set up a partnership with a consortium led by CVC Capital Partners Plc and Prudential Financial Inc. in the latest tie-up between an insurer and private capital firms looking to enter the country’s booming…

Luxury Sales Plunge in China as Tax Push Hits Wealthy Shoppers

Global luxury brands are facing a deepening sales slump in China, as the country’s campaign to tax offshore wealth sends ripples from stock markets to casino floors and dampens spending by the country’s richest consumers.

AI Startup Callosum Raises $100 Million to Make AI Tasks Cheaper

Callosum, a startup that makes software to match specific artificial intelligence tasks with different models and chips, has raised $100 million in early financing from backers including the UK’s public AI fund.

Horizons Middle East & Africa 8/20/2026 (Video)

FEC orders EFCC to release recovered loot to NELFUND

The Federal Executive Council (FEC) has directed that looted funds recovered by the Economic and Financial Crimes Commission (EFCC) be handed over to the Nigerian Education Loan Fund (NELFUND) to strengthen its financing operations…