Europe Pushing to Keep Pace With US and Asia in AI Race

Europe Pushing to Keep Pace With US and Asia in AI Race

The European Commission last month outlined a plan to help European Union countries catch up to the US and Asia when it comes to artificial intelligence innovation and investment. If the commission meets its investment goals–€20 billion by 2020 ($23.5 billion)—the move could have major implications for healthcare AI both in Europe and in the […]

To Reassure US Allies in Asia, Admit Mutual Vulnerability With China

To Reassure US Allies in Asia, Admit Mutual Vulnerability With China

America does not admit that it is vulnerable to China’s strategic nuclear forces. That’s the clear message of the 2018 Nuclear Posture Review. While the review was the subject of a voluminous body of commentary and analysis, little of it focused on this particular aspect. Perhaps no one was surprised because it was not new […]

Deutsche Bank to Trim Coverage in Asia Equities Business

Deutsche Bank to Trim Coverage in Asia Equities Business

Deutsche Bank AG is cutting onshore sales and derivatives coverage in individual markets across Asia-Pacific as part of a restructuring of its equities business in the region, according to a person familiar with the matter. The move will involve unspecified staff reductions, the person said, requesting anonymity because the changes haven’t been announced. The German […]

Asia Crisis Veteran Says This Emerging Market Selloff Is Different

Asia Crisis Veteran Says This Emerging Market Selloff Is Different

Paul Gruenwald was working on the International Monetary Fund’s Argentina team just after Christmas in 1997 when he was told to get on a plane and head to Seoul. He arrived in South Korea to find a country in shock as the Asia financial crisis raged. That was then. These days Asia is the biggest […]

Asia stocks edge up as techs lift Wall Street, Italy still a worry

Asia stocks edge up as techs lift Wall Street, Italy still a worry

TOKYO (Reuters) – Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside […]

Southeast Asia's plastic 'addiction' blights world's oceans

Southeast Asia's plastic 'addiction' blights world's oceans

BANGKOK (Reuters) – On her lunch break, Bangkok office worker Chinapa Payakha emerges from a 7-Eleven store with two plastic bags. FILE PHOTO: Fishing boats are seen on a beach covered with plastic waste in Thanh Hoa province, Vietnam June 4, 2018. REUTERS/Nguyen Huy Kham/File Photo One holds a Big Gulp soft drink. The other […]

Where can readers learn more about opportunities in Asia?

Where can readers learn more about opportunities in Asia?

The National Library’s new Eye on Asia resource centre brings the region closer to readers here, encouraging them to discover opportunities abroad. Comprising both a dedicatedonline portal and a physical space on Level 7 of the Lee Kong Chian Reference Library, Eye on Asia features books and digital resources about living and working overseas. The […]

Climate disaster looms for SE Asia

Climate disaster looms for SE Asia

International experts have urged governments in Southeast Asia to prioritise creating climate change resilience for their citizens, as the region faces more destructive natural disasters due to global warming. The disaster has displaced millions of people from their homes and left them in poverty and insecurity. They said “climate refugee” was an emerging, serious crisis […]