Tag: markets
The AI Paradox: President Trump Dismisses Industry Alarm as Global Tech Markets Stumble
WASHINGTON — The burgeoning debate over the existential risks posed by artificial intelligence reached a fever pitch this week, drawing a sharp divide between the Silicon Valley architects of the technology and the political establishment in Washington. President Donald Trump, addressing growing public anxiety, insisted on Monday that existing federal frameworks and executive oversight are […]
SMBC Aggressively Scales Global Markets Operations with High-Profile Hire of Kunal Maini
Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest financial institution by assets, has announced a significant expansion of its international sales and trading franchise. In a strategic move designed to pivot away from a reliance on its domestic Japanese market, the banking giant has appointed industry veteran Kunal Maini as the international head of macro rates. […]
Japan’s Pension Pivot: A Strategic Shift Toward Domestic Capital Markets
HONG KONG — In a move that has sent shockwaves through the global asset management industry, the Japanese government has signaled a fundamental shift in the management of its national wealth. Finance Minister Satsuki Katayama announced on Friday that the government intends to steer the country’s massive state pension funds—most notably the Government Pension Investment […]
