Posts by Riah Marton
Broader market continues rally despite index heavyweights weighing down the STI
THE Straits Times Index (STI) closed lower on Friday (Sep 27) as regional indices showed mixed results. The STI was down 0.3 per cent or 8.87 points at 3,573.36. Across the broader market, advancers outnumbered decliners 404 to 244 after 1.6 billion shares worth S$1.9 billion changed hands. On the STI, DFI Retail Group continued…
Read MoreColumn: Desperate for good news about climate change? Consider the pace of clean energy growth
Climate change has been viewed almost universally as a burden, a hot potato to be passed from country to country at annual climate change conferences. Although it’s widely known that climate-friendly solar and wind energy have become cheaper and easier to produce, most don’t realize that they are very likely to get even less expensive…
Read MoreSouthern California’s hottest commercial real estate market is for tenants that aren’t human
Where Wilshire Boulevard begins in downtown Los Angeles, thousands of miles of undersea fiber-optic cables disappear into an ordinary-looking office tower. One Wilshire is the mother of all data centers in the West, a discreet terminus for major digital links between Asia and North America that help sustain the world’s bottomless need for data storage…
Read MoreVisa increases AI fight against fraud with Featurespace purchase
VISA has signed an agreement to acquire real-time artificial intelligence (AI) payments protection company Featurespace, marking the credit-card giant’s latest move in bolstering its fraud and financial crime risk detection portfolio. The terms of the arrangement were not disclosed. Founded in 2008, and headquartered in Cambridge, UK, the private company develops algorithmic-based software to analyse…
Read MoreElon Musk Dating Giorgia Meloni? Wild Rumors Swirl on Social Media as Tesla Boss Denies Romantic Relationship with Italian Prime Minister
What’s brewing between Elon Musk and Italian Prime Minister Giorgia Meloni? Musk has denied rumors of a romantic relationship with Meloni although social media users believe photos of the two suggest otherwise. The two have been spotted cozying up lately and photos suggest the relationship is more than just casual friendship. The billionaire described Meloni…
Read MorePop Mart toys fuel 150% rally in bright spot for China consumer
CHECKING out the latest arrivals in a Pop Mart store near their apartment has become a weekend routine for 34-year-old Shanghai resident Miki Li and her family. Li likes collecting blind box toys, or cartoon figurines in mystery packaging, featuring versions of the store’s signature character Molly dressed up like Garfield, a Minion or Ultraman.…
Read MoreYen rebounds from losses after Ishiba wins leadership of LDP
The yen reversed losses and surged against the dollar as Shigeru Ishiba was voted leader of the Japan’s ruling party, beating a rival who opposed interest rate hikes. The currency strengthened as much as 1 per cent to 143.30 on the announcement, after weakening as much as 1.2 per cent earlier on Friday (Sep 27).…
Read MoreHow Did Joe Wolf Die? Former NBA Player and Longtime Coach Dies Suddenly and Unexpectedly Aged 59
The Milwaukee Bucks have announced the death of former NBA player and longtime assistant coach Joe Wolf at the age of 59. Wolf had been serving as an assistant coach for the Wisconsin Herd, the Bucks’ G-League affiliate, since last year. The team did not reveal the exact cause of his death. However, Mark Miller…
Read MoreChina’s New Nuclear Submarine Sinks Near Wuhan Shipyard, Sparking Concerns Over Its Naval Capabilities
China lost its most advanced nuclear-powered submarine earlier this year in a naval yard accident, raising concerns that the country may be overextending itself as it strives to build a navy capable of matching the strength of America’s. However, it has so far failed to do so. The submarine, belonging to the new Zhou-class —…
Read MoreAlabama Executes Second Death Row Inmate Using Nitrogen, Alan Miller Gasps for Breath in His Final Minutes
On Thursday, September 26, Alabama executed convicted murderer Alan Miller using nitrogen asphyxiation, marking only the second time this method has been used in the United States. The execution took place at the Holman Correctional Facility in Atmore. Miller, 65, was convicted of killing three men, including two co-workers, during a shooting spree in Pelham,…
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