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Development asian news

Ryan Browne - Sam Altman - Tech execs say a type of AI that can outdo humans is coming, but have no idea what it looks like - cnbc.com - Switzerland

Tech execs say a type of AI that can outdo humans is coming, but have no idea what it looks like

Executives at some of the world's leading artificial intelligence labs are expecting a form of AI on a par with — or even exceeding — human intelligence to arrive sometime in the near future. But what it will eventually look like and how it will be applied remain a mystery.

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Ryan Browne - SoftBank leads TravelPerk's $104 million fundraising, in a bet that AI will reshape corporate travel - cnbc.com - Japan - Usa

SoftBank leads TravelPerk's $104 million fundraising, in a bet that AI will reshape corporate travel

Barcelona-based startup TravelPerk, which helps automate corporate travel and expenses, has raised $104 million in fresh funding from Japanese tech investing giant SoftBank and a flood of other names, to invest in artificial intelligence development and new products.

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Shreyashi Sanyal - Li Qiang - China is weighing measures to prop up its stock markets, could reportedly mobilize $278 billion - cnbc.com - China - Hong Kong -  Hong Kong

China is weighing measures to prop up its stock markets, could reportedly mobilize $278 billion

China is considering a rescue package backed by offshore money to stave off a slump in its struggling stock markets, according to Bloomberg News.

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Abdul Ghani - NORMAN GOH - Malaysia considers suing foreign banks over 1MDB scandal - asia.nikkei.com - Malaysia -  Kuala Lumpur

Malaysia considers suing foreign banks over 1MDB scandal

KUALA LUMPUR -- Malaysia is considering filing lawsuits against several foreign banks over alleged malfeasance in the multibillion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, according to the government's 1MDB Asset Recovery Task Force.

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Nawaz Sharif - Pakistan ex-PM’s party loses election symbol. Will it hurt its prospects? - aljazeera.com - Pakistan - province Punjab

Pakistan ex-PM’s party loses election symbol. Will it hurt its prospects?

Besides making voting accessible to voters who are unable to read, electoral symbols form the basis of party campaigns.

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Ruxandra Iordache - 'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence - cnbc.com - China - Russia -  Beijing

'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence

Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of a "very painful economy," according to one analyst who covers the country.

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Holly Ellyatt - European - European markets open higher, extending positivity seen at the start of the week - cnbc.com - Japan - France - China - Hong Kong - Germany

European markets open higher, extending positivity seen at the start of the week

This is CNBC's live blog covering European markets.

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Narendra Modi - Caught in India-Maldives spat, Lakshadweep islands want jobs, then tourists - aljazeera.com -  Beijing - India -  New Delhi - Maldives

Caught in India-Maldives spat, Lakshadweep islands want jobs, then tourists

India’s PM Modi campaigned for tourists to visit the idyllic archipelago. But people there have more basic demands.

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