Leadership

OpenAI plays minor role in Apple’s artificial intelligence event
OpenAI plays minor role in Apple’s artificial intelligence event
June 10, 2024
APPLE’s partnership with OpenAI – in the works for months – was only briefly mentioned at a much-anticipated developer event on Monday (Jun 10), with the iPhone maker’s homegrown...
Abbott secures FDA clearance for two over-the-counter glucose monitors
Abbott secures FDA clearance for two over-the-counter glucose monitors
June 10, 2024
ABBOTT Laboratories said on Monday (Jun 11) the US health regulator had cleared the company’s two new over-the-counter glucose monitoring devices, expanding its presence in a fast-growing, multi-billion-US dollar...
Meta Platforms to use social media posts from Europe to train AI
Meta Platforms to use social media posts from Europe to train AI
June 10, 2024
FACEBOOK owner Meta Platforms plans to start incorporating social media content from Europe to train its generative artificial intelligence models, the company said on Monday (Jun 10). Meta will train...
US: Wall Street slips as investors prepare for inflation data, Fed meeting
US: Wall Street slips as investors prepare for inflation data, Fed meeting
June 10, 2024
US STOCKS indexes edged lower on Monday (Jun 10) as investors grew cautious ahead of key inflation data and a Federal Reserve meeting scheduled for this week, looking for...
Aramco’s venture arm, Mubadala back Dubai-based real estate fintech
Aramco’s venture arm, Mubadala back Dubai-based real estate fintech
June 10, 2024
STAKE, a Dubai-based digital platform for real estate investment, has raised US$14 million from investors, including Saudi Aramco’s venture capital arm and an Abu Dubai sovereign wealth fund.The platform...
Nvidia sparks chatter over possible Dow inclusion after stock split
Nvidia sparks chatter over possible Dow inclusion after stock split
June 10, 2024
NVIDIA’S 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether’s inclusion in the blue-chip Dow index. The split, aimed...
Top 20 Singapore-listed China-related stocks generate median total returns of 8.4% year-to-date
Top 20 Singapore-listed China-related stocks generate median total returns of 8.4% year-to-date
June 10, 2024
THE top 20 China-related stocks listed on the Singapore Exchange (SGX) generated median total returns of 8.4 per cent year-to-date, SGX market strategist Geoff Howie said in a market...
Singapore stocks fall as hopes for early Fed rate cut dim; STI down 0.3%
Singapore stocks fall as hopes for early Fed rate cut dim; STI down 0.3%
June 10, 2024
SINGAPORE shares ended Monday (Jun 10) lower after stronger-than-expected US jobs figures last Friday hurt market sentiment. The benchmark Straits Times Index (STI) fell 0.3 per cent or 8.69...
Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hires
Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hires
June 10, 2024
SWISS wealth manager Julius Baer Group hired senior bankers from UBS Group and JPMorgan Chase to beef up its business catering to rich Indians in Dubai.Sanjay Advani has joined...
Euro, French stocks hit by shock Macron call for snap election
Euro, French stocks hit by shock Macron call for snap election
June 10, 2024
THE euro fell broadly, while French bonds and stocks were hit hard on Monday (Jun 10), following French President Emmanuel Macron’s decision to call a snap parliamentary election after...