Lifestyle

Europe: French stocks drag shares lower on political concerns
Europe: French stocks drag shares lower on political concerns
July 9, 2024
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
US: S&P 500, Nasdaq edge to records on better inflation sentiment
July 9, 2024
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 drops after Elon Musk’s xAI shifts away from cloud deal
July 9, 2024
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
Inviting competitors to join AI boot camp: Tech company breaks silos to drive industry innovation
July 9, 2024
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
High-priced S&P 500 powers through political stress
July 9, 2024
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
Investors shift to Singapore after Indian central bank’s curbs on local rupee futures
July 9, 2024
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...
SGX has no immediate plans to allow crypto listings, CEO says
SGX has no immediate plans to allow crypto listings, CEO says
July 9, 2024
SINGAPORE Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday (Jul 9), adding that conditions are still not...
Japan’s Nikkei marks record closing high as chip-related shares rally
Japan’s Nikkei marks record closing high as chip-related shares rally
July 9, 2024
Japan’s Nikkei share average rose to a record close on Tuesday (Jul 9), with chip-related stocks following their US peers higher, as investors awaited testimony from Federal Reserve Chair...
Net-zero goals: Talk is cheap if Singapore corporates lack a roadmap
Net-zero goals: Talk is cheap if Singapore corporates lack a roadmap
July 9, 2024
A SIZABLE number of Singapore companies want to hit net-zero emissions by 2050. But such talk is empty if not accompanied by realistic strategies, with real accountability if companies...