Leadership
Meta delays AI chatbot launch in Europe after regulator pushback
Facebook parent company Meta Platforms will delay its launch of the Meta artificial intelligence (AI) chatbot in Europe after regulators on the continent requested the company pause its plan...
First Bitcoin ETF to list on Australia’s bourse in global wave
An exchange-traded fund (ETF) investing directly in Bitcoin will list on Australia’s main stock market for the first time, kicking off another wave of such listings after similar products...
Goldman Sachs boosts S&P 500 target on upbeat profit outlook
Goldman Sachs Group strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting Wall Street’s optimistic outlook for earnings growth and the US...
Fed’s Mester sees inflation risks to upside despite better data
Federal Reserve Bank of Cleveland President Loretta Mester said she still sees inflation risks as tilted to the upside despite welcome news in the latest data.Mester, speaking in print...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices rose 4 per cent for the week as investors...
Shanghai allows Tesla to carry out Full Self-Driving pilot
SHANGHAI is allowing 10 Tesla vehicles to carry out tests of the company’s most advanced autonomous driving software to pave way for its rollout in China, local-government-backed The Shanghai...
US: Stocks slip as markets eye cautious Fed
WALL Street’s main indexes opened lower on Friday (Jun 14), with investors pausing after strong rallies on the S&P 500 and the Nasdaq, as they weighed hawkish Federal Reserve...
Great Eastern privatisation deal deemed ‘not fair but reasonable’; OCBC says offer price ‘final’
OCBC’s privatisation bid for its insurance arm Great Eastern Holdings (GEH) is not fair but reasonable, the independent financial adviser (IFA) to the deal said on Friday (Jun 14).The...
