Private credit may have reached a tipping point in Asia as alternative asset managers flock to this fast-growing asset class, snatching shares from traditional banks and providing much-needed bloodline to the region’s COVID-ridden businesses. During a panel discussion at DealStreetAsia’s Asia PE-VC Summit 2022 in Singapore, seasoned alternative asset investors pointed to “a sea change”… Continue reading Private credit reaches ‘tipping point’ in Asia as growth in western economies stallsThe private credit market is expected to grow from an estimated $1…
Category: Automotive
The LP View: India’s medium-term growth outlook remains robust, investments to grow
Even as fears of an economic slowdown are looming large on India, the International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is bullish on the country’s growth prospects in the medium term. “India’s medium-term growth outlook remains robust, and investments are expected to grow… the country has a large… Continue reading The LP View: India’s medium-term growth outlook remains robust, investments to grow
Honda’s US dealers keen to be part of Sony Honda venture’s EV launch plans
A new joint venture formed by Japan’s Sony Group Corp and Honda Motor plans to introduce a premium electric vehicle later this decade, and the automaker’s U.S. dealers are anxious to be part of the sales process. Sony Honda Mobility said on Thursday it was aiming to deliver the first of the unnamed EV by 2026, starting in the United States, and will sell them online. The success of Tesla… Continue reading Honda’s US dealers keen to be part of Sony Honda venture’s EV launch plans
Vietnam’s VinFast recalls a third of its sold EVs to replace sensors
Vietnam’s VinFast said on Saturday it would recall 730 of its model VF e34 electric cars (EVs), which are available only on the domestic market, to make checks and replace their side crash sensors. VinFast, which began operations in 2019, is a unit of Vietnam’s biggest conglomerate Vingroup and has sold 2,208 EVs in total since its launch late last year. “The side crash sensor of the airbag system equipped… Continue reading Vietnam’s VinFast recalls a third of its sold EVs to replace sensors
S Korean President calls for quick resumption of popular messaging, portal services
South Korean President Yoon Suk-yeol on Sunday called for swift measures to resume all services offered by Kakao Corp and Naver Corp, a day after a fire at a data centre damaged their servers and caused outages. Service disruptions, some of which continued into Sunday, hit some of the country’s most-used apps and websites, including Kakao messenger and the… Continue reading S Korean President calls for quick resumption of popular messaging, portal services
German Handelsblatt: New power SUV: Premiere of the EQE: Mercedes hopes for the first electric bestseller005422
Großer Anspruch, kleine Resultate: So lässt sich die Elektro-Offensive von Mercedes-Benz bisher zusammenfassen. Kein anderer deutscher Autobauer hängt aktuell noch so stark am Verbrenner wie die Marke mit dem Stern. Lediglich fünf Prozent der Pkw-Verkäufe der Stuttgarter sind reine Stromer. Zum Vergleich: Beim Volkswagen-Konzern sind es sechs Prozent, bei der BMW-Gruppe mehr als acht Prozent.Dabei… Continue reading German Handelsblatt: New power SUV: Premiere of the EQE: Mercedes hopes for the first electric bestseller005422
New European Political Party Is Led by an Artificial Intelligence
Introducing: The Synthetic Party, a new political party in Denmark that hopes to soon have a parliament seat. Oh, and by the way, its head honcho, Leader Lars, is actually an AI chatbot, and all of its policies are AI-derived. Cool? Asker Staunæs, the creator of the party and an artist-researcher at the nonprofit art… Continue reading New European Political Party Is Led by an Artificial Intelligence
Sneaky Students Using AI to Write Their Papers For Them
Kids? Being better at technology than adults? We’re shocked. Honor Code Tech-savvy students are reportedly getting straight As by using advanced language generators — mainly OpenAI’s wildly advanced GPT-3, according to Motherboard — to write papers for them. And as these AI-written responses can’t be detected by plagiarism software, schools are likely to have a… Continue reading Sneaky Students Using AI to Write Their Papers For Them
Scientists Spotted Something That Appeared to Be Moving 7 Times the Speed of Light
That can’t be right. Speed Demon Back in 2017, scientists observed a spectacular collision of two neutron stars that blasted a jet of radiation so powerful that NASA says the energy it released was “comparable to that of a supernova,” according to a press release by the agency. But it’s taken scientists until now to… Continue reading Scientists Spotted Something That Appeared to Be Moving 7 Times the Speed of Light
@Groupe PSA: PR First amendment to the 2021 universal registration document004556
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