Lifestyle
Music catalog fund Hipgnosis sold to Blackstone
SHAREHOLDERS of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a US$1.6 billion takeover from...
Global oil market will be in supply deficit next year: EIA
GLOBAL oil demand will outpace supply next year, the US Energy Information Administration said on Tuesday, reversing a prior forecast for a surplus.The change came after Opec and its allies, collectively...
Europe: French stocks drag shares lower on political concerns
EUROPEAN shares dropped for a third straight session on Tuesday, dragged down by weakness in French stocks as political uncertainties lingered, while investors analysed Federal Reserve Chair Jerome Powell’s testimony.The...
US: S&P 500, Nasdaq edge to records on better inflation sentiment
THE S&P 500 and Nasdaq edged to fresh records on Tuesday as Federal Reserve Chief Jerome Powell reported “modest” progress in countering inflation ahead of the publication of influential...
Oracle drops after Elon Musk’s xAI shifts away from cloud deal
ORACLE dropped as much as 4.8 per cent after Elon Musk said his artificial intelligence (AI) startup would rely less on cloud technology from the software maker, jeopardising a...
Inviting competitors to join AI boot camp: Tech company breaks silos to drive industry innovation
IT’S RARE to have competitors in the technology space gathered in one room. But over two days in October 2023, NEC Asia Pacific took a unique approach. The company brought...
High-priced S&P 500 powers through political stress
ADD political turmoil to the long list of outside influences that are failing to thwart the 2024 bull market.Investor resilience was on display again in a week in which...
Investors shift to Singapore after Indian central bank’s curbs on local rupee futures
The jump in open interest on rupee/dollar currency futures on the Singapore Exchange indicates that investors are shifting their arbitrage and hedging activity to the city-state after the Indian...
