Lifestyle

Samsung’s sudden US2 billion wipeout shows the cost of sleeping on AI
Samsung’s sudden US$122 billion wipeout shows the cost of sleeping on AI
JUST a few months ago, Samsung Electronics looked primed to benefit from the global artificial intelligence (AI) boom: profits were surging and its stock was rising towards an all-time...
Visa, Coinbase offer real-time crypto purchases via debit cards
Visa, Coinbase offer real-time crypto purchases via debit cards
VISA customers with eligible debit cards will be able to deposit funds into their Coinbase Global accounts – sometimes instantly – via a partnership announced by the payments giant...
European car safety agency snubs BYD’s Atto 3 driver assistance system
European car safety agency snubs BYD’s Atto 3 driver assistance system
EUROPE’S car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV, dealing a blow to the Chinese automaker as...
Far East Hospitality Trust’s Q3 net property income falls 6.8% to S.2 million
Far East Hospitality Trust’s Q3 net property income falls 6.8% to S$26.2 million
FAR East Hospitality Trust (FEHT) posted a net property income of S$26.2 million for the third quarter ended Sep 30, down 6.8 per cent from S$28.1 million in the...
BOJ to sit tight as Japan and US elections elevate uncertainty
BOJ to sit tight as Japan and US elections elevate uncertainty
THE Bank of Japan (BOJ) is widely expected to stand pat on Thursday (Oct 31) in the face of elevated uncertainty, as financial markets brace for the US presidential...
Microsoft’s GitHub unit cuts AI deals with Google, Anthropic
Microsoft’s GitHub unit cuts AI deals with Google, Anthropic
MICROSOFT’s GitHub has agreed to bake artificial intelligence (AI) models from Anthropic and Alphabet’s Google into a coding assistant used by millions of software developers. At first, customers will...
Companies must consider FX exposure risks when tapping South-east Asia’s rapid growth
Companies must consider FX exposure risks when tapping South-east Asia’s rapid growth
FOR any company, the Asean economic bloc represents a business opportunity that cannot be ignored. The 10 countries that make up the Association of Southeast Asian Nations have a combined...
JPMorgan reclaims top spot from Bank of America in analyst poll
JPMorgan reclaims top spot from Bank of America in analyst poll
JPMorgan Chase was voted the best US sell-side research firm in a widely followed investor survey, reclaiming the top spot that bank occupied for most of the past decade. Bank...
Pfizer’s Covid-19 drug powers strong quarterly profit as activist hovers
Pfizer’s Covid-19 drug powers strong quarterly profit as activist hovers
Pfizer, which is under pressure from activist investor Starboard, on Tuesday (Oct 29) topped third-quarter estimates as sales of its Covid-19 treatment Paxlovid blew past Wall Street expectations.The US...
US dollar profits from Japan political uncertainty, pound awaits UK budget
US dollar profits from Japan political uncertainty, pound awaits UK budget
THE US dollar hit three-month highs against the yen on Tuesday (Oct 29) as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections muddied the...