Lifestyle
Australian, New Zealand dollars on defensive, markets run away from rate cuts
THE Australian and New Zealand dollars were ending the week on the defensive on Friday as upbeat economic data lifted their US counterpart, while debt markets further lengthened the...
Singapore shares fall at Friday’s open tracking Wall Street retreat; STI down 0.4%
SINGAPORE stocks were pulled into negative territory on Friday (May 24) following overnight losses on Wall Street.The Straits Times Index (STI) headed down 0.4 per cent or 12.62 points...
Six other times turbulence led to serious injury on SIA flights in last 20 years
INVESTIGATIONS have been launched into a Singapore Airlines (SIA) flight that hit sudden, extreme turbulence on May 21, leaving one passenger dead and dozens injured.The incident on Flight SQ321,...
Sabana internalisation requires trust deed amendment, but court bars ESR from voting
THE Singapore High Court has ruled that trust deed amendments are required to effect the internalisation of the manager function of Sabana Industrial Real Estate Investment Trust (Sabana Reit).But...
Samsung’s HBM chips failing Nvidia tests due to heat and power consumption woes, sources say
SAMSUNG Electronics’ latest high bandwidth memory (HBM) chips have yet to pass Nvidia’s tests for use in the US firm’s AI processors due to heat and power consumption problems,...
Elon Musk refuses to say if he’s still committed to cheaper Tesla EVs
TESLA chief executive officer Elon Musk does not want to talk about whether he’s committed to bringing a low-cost electric vehicle (EV) to market, or the carmaker’s rough last...
US SEC approves exchange applications to list spot ether ETFs
THE US Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether, potentially paving...
Oil falls for fourth straight session on US inflation jitters
OIL prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer US interest rates raised worries around demand growth in the...
