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Tencent markets dollar, dim sum bonds amid AI spending spree
HONG KONG: Tencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the Chinese technology giant seeks funding amid…
Business Recorder
AI investment props up global growth, but war and debt threaten outlook, IMF says
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
Business Recorder
IMF sees higher energy prices and interest rates hitting UK growth
BANGKOK: Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, the International Monetary Fund warned on Tuesday, even as it revised…
Business Recorder
Oil & gasUpdatedOil ticks lower as Russia diesel supply prospects counter Gulf supply risks
Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of…
Business Recorder
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