Latest in Benchmark Lending
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China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.Business - CNBC - November 20 -
South Korea unexpectedly reduces benchmark lending rates in first back-to-back cuts since 2009
This surprised economists polled by Reuters, which expected the BOK to hold rates.Business - CNBC - 7 hours ago -
Japanese prime minister’s portfolio outpaces stock benchmark
Shigeru Ishiba is struggling as a politician but excelling as an investor, disclosures revealWorld - Financial Times - 2 days ago -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - November 8 -
Cinemark at ‘inflection point,’ well-placed for postpandemic recovery, Benchmark says
Cinemark Holdings Inc.’s better-than-expected third-quarter results this week bode well for the movie-theater chain amid a broader industry rebound, analysts said.Business - MarketWatch - November 1 -
AI groups rush to redesign model testing and create new benchmarks
Rapidly advancing technology is surpassing current methods of evaluating and comparing large language modelsBusiness - Financial Times - November 11 -
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...Business - MarketWatch - November 11 -
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.Business - MarketWatch - November 13 -
Lend me your ears: great Shakespearean actors given hi-tech talking portraits
A radical new exhibition celebrates stars including Ian McKellen and Patrick Stewart by combining subtly moving artworks with their own voices. The results are uncanny. . Great actors have always ...World - The Guardian - November 18 -
OpenAI’s Altman Latest Tech Exec to Lend a Hand to New San Francisco Mayor
The AI leader joins the transition team for Mayor-elect Daniel Lurie, an heir to the Levi Strauss fortune and a political neophyte.Business - Inc. - November 19 -
Trump Pick Lutnick’s Firm in Talks With Tether for $2 Billion Bitcoin Lending Project
Cantor Fitzgerald, whose CEO is the secretary of Commerce nominee, has an extensive history with the company that runs the world’s largest stablecoin.Business - Inc. - 2 days ago -
AI’s math problem: FrontierMath benchmark shows how far technology still has to go
FrontierMath, a new benchmark from Epoch AI, challenges advanced AI systems with complex math problems, revealing how far AI still has to go before achieving true human-level reasoning.Tech - VentureBeat - November 11 -
Google Gemini unexpectedly surges to No. 1, over OpenAI, but benchmarks don’t tell the whole story
Google's Gemini-Exp-1114 AI model tops key benchmarks, but experts warn traditional testing methods may no longer accurately measure true AI capabilities or safety, raising concerns about the ...Tech - VentureBeat - November 15 -
New Zealand expectedly cuts benchmark rate by 50 basis points as economy struggles
New Zealand's central bank slashed its benchmark interest rate by 50 basis points to 4.25%, marking a third straight cut to its benchmark interest rate.Business - CNBC - Yesterday