Software Stocks Drop in Asia After US Tech Selloff: Markets Wrap
Software stocks slid from India to Japan, following declines in their US peers, on concern advances in artificial intelligence will undermine traditional business models.
About
Charles Delingpole is a serial entrepreneur and technology leader with extensive experience in fintech, insurtech, and digital innovation.
Background
- Founder and Executive Chairman of ComplyAdvantage, a leading RegTech company providing AI-driven compliance solutions
- Previously founded MarketInvoice (now MarketFinance/Kriya), a pioneering invoice finance platform
- Former JPMorgan banker specializing in technology, media and telecoms
- Graduate of Cambridge University with a degree in Social and Political Sciences
Key Achievements
- ComplyAdvantage into a global RegTech leader serving major financial institutions
- MarketInvoice to become one of the UK's leading alternative finance platforms
- Recognized as a fintech thought leader and frequent speaker at industry conferences
- Angel investor in 180+ companies
Latest News
Merz Seeks LNG Deals in Gulf Region to Hedge US Energy Exposure
German Chancellor Friedrich Merz has set his sights on the Middle East to try and diversify energy supplies for Europe’s biggest economy and reduce dependency on LNG imports from the US.
Anthropic AI Tool Sparks Selloff From Software to Broader Market
A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday as investors raced to dump shares with...
India Made Long Push With Trump Behind Scenes to Clinch US Deal
In early September, shortly after Indian Prime Minister Narendra Modi held a chummy meeting with Vladimir Putin and Xi Jinping in China, he dispatched his national security adviser to Washington to he...
Richest Indonesian Man’s Firms Plan Buybacks After Market Rout
Companies linked to Indonesian billionaire Prajogo Pangestu said they would buy back shares, in a bid to shore up prices after last week’s market meltdown.