Lifestyle
Character.AI lays off at least 5% of its staff, The Information reports
CHATBOT startup Character.AI laid off at least 5 per cent of its staff, The Information reported on Thursday, citing a person briefed by company leaders.The employees who were laid...
Thyssenkrupp crisis deepens as heads of steel unit quit
THE crisis at the steel unit of Thyssenkrupp deepened on Thursday as its chief executive and the head of its supervisory board quit over their ongoing conflict with the...
Europe: Inflation data helps stocks shake off Nvidia results; Delivery Hero surges
EUROPEâS Stoxx 600 rose on Thursday and Germanyâs DAX closed at a record high, led by tech stocks, after softer inflation data lifted hopes for interest-rate cuts and offset...
Co-lending makes headway as South-east Asiaâs private credit space matures
The practice may catch on as roles of banks change, and they look to boost expertise or diversify portfolio PRIVATE credit managers are making inroads into South-east Asia with...
Euro slips after inflation data, concerns over German politics
THE euro fell versus the dollar after inflation data from Germany and Spain led investors to increase their bets on the European Central Bank (ECB) interest rate easing cycle.Inflation...
US: Wall Street opens higher after Nvidia results, economic data
WALL Streetâs main indices opened higher on Thursday (Aug 29) following AI chip firm Nvidiaâs largely in-line forecast and as data showed the US economy remained robust, adding to...
IHH Healthcare Q2 net profit more than doubles to RM623 million
PRIVATE healthcare group IHH Healthcare posted a net profit of RM623 million (S$188 million) for the second quarter of its 2024 fiscal year ended Jun 30. Net profit more...
Singapore shares gain on Thursday; STI up 0.4%
This comes after chipmaker Nvidia posts Q2 revenue of US$30 billion, beating estimates, though pace of growth is slowerSINGAPORE equities gained on Thursday (Aug 29), as investors assessed chip...