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  • BIS: Artificial Intelligence, Services Globalisation And Income Inequality

    Date 25/10/2023

    Artificial intelligence (AI) is increasingly embedded into modern economies. This prompts fundamental questions about its implications for income distribution. This study seeks to explore how AI-related investment is associated with changes in income and income shares for various segments of the population. As AI continues to expand its capabilities, outperforming human capabilities in an array of tasks, the implications of this technological evolution for income inequality become even more important. The primary focus is on how AI-induced structural shifts in production and the labour market relate to income disparities.

  • Taming The Beast: Exegy Announces FIX Processing With FPGA - Introducing A Purpose-Built Solution To Handle The Complexity Of FIX While Dramatically Improving Performance

    Date 25/10/2023

    Exegy, a leading developer of high-performance trading solutions for the financial industry, is today announcing that FIX protocol support is now available on nxFramework, an FPGA-based development framework designed to reduce server resource consumption by as much as 10-20 times. This industry-first solution is purpose-built to reduce costs and accelerate time-to-production when developing ultra-low latency trading systems.

  • BaFin: Violation Of Prospectus Requirement: Green Technologies Group Ltd. Is Not Allowed To Publicly Offer Its Shares

    Date 25/10/2023

    On 18 October 2023, the Financial Supervisory Authority (BaFin) prohibited Green Technologies Group Ltd. from publicly offering its shares in Germany.

  • Finansinspektionen: Fraudsters Use Bitcoin As Bait

    Date 25/10/2023

    It has become increasingly common for fraudsters to contact consumers by email saying there are cryptocurrencies registered at the person's email address. Consumers are told that these assets can be released for a fee. This is the conclusion of Finansinspektionen’s review of investment fraud cases during the third quarter of the year.

  • LuxSE Welcomes Philippine Minister Of Finance

    Date 25/10/2023

    As part of a financial mission to Luxembourg, HE Benjamin Diokno, Minister of Finance of the Philippines, and his delegation visited the Luxembourg Stock Exchange (LuxSE) yesterday for an in-depth presentation of the Luxembourg financial centre. Along with representatives of the Luxembourg Ministry of Finance, Luxembourg for Finance, the Luxembourg Chambre of Commerce and the Luxembourg Investment Fund Association, LuxSE highlighted the unique strengths of the Luxembourg financial centre and potential areas of cooperation with the Philippines.

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