LA Private

February 7, 2026

Korean Insurers Eye India’s $130 Billion Market

South Korean financial firms, including Samsung Fire & Marine Insurance, Mirae Asset Financial Group, and Hyundai Marine & Fire Insurance Co, are reportedly in preliminary discussions regarding potential entry into India’s expansive $130 billion insurance market. This interest surfaces as India has opened its insurance sector to full foreign ownership, spurring a wave of cross-border […]

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Goldman Sachs Taps AI for Automation

Goldman Sachs is partnering with AI startup Anthropic to develop artificial intelligence agents designed to automate a variety of internal functions, according to a CNBC report citing the bank’s chief information officer, Marco Argenti. Goldman Sachs has confirmed the accuracy of the report. Goldman Sachs is a leading global investment banking, securities, and investment management

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France Urges Continued Reforms in Lebanon

France has indicated that Lebanon’s recovery remains uncertain despite recent positive developments, including a ceasefire and government transition. French Minister for Europe and Foreign Affairs Jean-Noel Barrot emphasised the need for ongoing reforms during meetings with Lebanese President Joseph Aoun and other officials in Beirut. France is prepared to host a conference in Paris dedicated

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Trump’s Fed Rate Jibe: Just a Joke?

U.S. Treasury Secretary Scott Bessent addressed concerns over President Donald Trump’s recent comments about suing his Federal Reserve nominee, Kevin Warsh, if interest rates were not lowered. Bessent clarified that Trump’s statement, made at a Washington dinner, was intended as a joke. The remarks had sparked debate over the president’s respect for the Fed’s independence.

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AI Trade Fractures as Costs Mount

The global artificial intelligence trade is showing signs of fracturing as investors grow wary of soaring capital expenditure, rising debt levels, and uncertainty about who will ultimately profit from the technology. Markets are now diverging across stocks, sectors, and even regions. The initial surge in anything AI-related following the launch of ChatGPT in November 2022

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