China's ByteDance is venturing
into artificial-intelligence (AI) generated music, hiring the
staff of a London-based start-up after buying some of its
intellectual property assets, according to LinkedIn posts and a
person with knowledge of the matter.
Standard Life Aberdeen Plc (SLA)
will receive 140 million pounds in compensation and continue to
manage 35 billion pounds of assets under a settlement of a legal
fight with Lloyds Banking Group over a 100 billion
pound ($124.43 billion) investment portfolio.
Philippine shares slipped on Wednesday
on profit-booking after a recent rally in financials, while most
other Southeast Asian stock markets posted modest gains as
reports of headway in the protracted Sino-U.S. trade
negotiations hoisted risk sentiment.
White House economic adviser Larry Kudlow on Tuesday called