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1MDB scandal: Fugitive Low  proclaims innocence on site

Bloomberg The man accused of looting billions from Malaysian investment fund 1MDB may be missing from the public eye, but he’s not keeping quiet. Low Taek Jho, wanted in Malaysia and Singapore and described by US prosecutors as orchestrating the theft of $4.5 billion from 1MDB, is proclaiming his innocence on his website launched on Monday. “With hindsight I may ...

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China calls for research to promote AI development

Bloomberg A little more than a year ago, China released an aggressive plan to become the world’s leading artificial intelligence player. But with its technological dependence on the US laid bare, it’s now promoting a softer approach, calling for all nations to join hands to develop the technology. Chinese leaders, including Vice Premier Liu He, joined business mogul Jack Ma ...

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Mixed messages from US run risk of sinking trade talks

Bloomberg Mixed messages coming from the US on the trade war with China could sink prospective negotiations before they begin, damaging prospects for a resolution to the growing dispute. With President Donald Trump telling aides to proceed with additional tariffs on Chinese products, the Chinese government is considering declining the offer of talks, according to a Wall Street Journal report, ...

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