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Real-time News
On August 28th, OpenAI announced the hiring of a senior executive from Meta Platforms (META.O) to lead its Southeast Asia and Australian operations, aiming to capitalize on growth opportunities in these markets with over 600 million people. Sandia Dwanatan will assume this new role, becoming OpenAIs highest-ranking executive in the region. She will be responsible for consumer user growth, enterprise adoption and partnerships, operations, and communications with regulators, and will assume her new post in October. Dwanatan posted on LinkedIn on Friday that she would be leaving Meta, but did not disclose further details. An OpenAI spokesperson confirmed her appointment. Dwanatan will be based in Singapore, reporting to Kiran Mani, Managing Director for Asia Pacific.Hong Kong stocks closed higher, with the Hang Seng Index up 0.07% and the Hang Seng Tech Index down 0.33%. The precious metals sector rose throughout the day, with China Silver Group (00815.HK) and Summit Resources (01815.HK) both closing up more than 7%.On August 28, Foreign Ministry Spokesperson Lin Jian held a regular press conference. A reporter asked about the situation regarding foreign-related matters in the disaster relief efforts following the mudslide in Gyirong, Tibet, particularly the situation of foreign citizens affected in China. Lin Jian stated that the relevant information is currently being verified. We have informed the embassies of the relevant countries in China and will maintain communication.Bank of Japan Governor Kazuo Ueda will attend the G20 finance ministers meeting in Asheville, North Carolina.Paypal (PYPL.O) shares fell 14.8% in pre-market trading after reports that the Advent and Stripe consortium would abandon its acquisition of the company.
