Lifestyle
US dollar falls on 50 bps Fed cut wagers
THE greenback hovered near its lowest levels of the year on Tuesday (Sep 17), a day before the expected start to a US easing cycle that markets are wagering...
Swiss watchmakers call on central bank to act on franc as exports slump
SWISS watchmakers urged the central bank and the government to support exporters by curbing the strength of the country’s currency as overseas sales slump.
“With inflation currently well below 2...
Nvidia-backed AI startup Sakana hits US$1.5 billion value as Japanese investors pile in
NVIDIA-BACKED Sakana AI was valued at US$1.5 billion a little over a year after its launch, boosted by investments from some of Japan’s biggest banks and companies, a source...
Time to retire the emerging markets brand
AS THE US Federal Reserve moves towards rate cuts, some have heralded the imminent resurgence of “emerging markets” (EM). But what are they referring to? Kenya or Qatar? South...
Rate-cut fever boosts investor sentiment in September, BofA survey shows
GLOBAL investor sentiment improved in September for the first time since June on optimism over a soft landing and interest rate cuts by the US Federal Reserve, a BofA...
Banking’s new era of capital puts watchdogs on the spot
THE 16th anniversary of the collapse of Lehman Brothers has been marked by regulators signalling that the era of toughening up capital rules is over. The strength of banks...
Central bank digital currency momentum growing, study shows
A TOTAL of 134 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and...
Drivers more likely to be distracted while using partial automation tech, study shows
DRIVERS are more likely to engage in non-driving activities, such as checking their phones or eating a sandwich, when using partial automation systems, with some easily skirting rules set...
