Lifestyle
Goldman says equity investors bracing for return of volatility
STOCK investors are bracing for a spike in market volatility, and upcoming events such as Nvidia’s earnings report can exacerbate any moves, according to Goldman Sachs Group strategists.
Alibaba sparks China AI price war with spate of steep discounts
ALIBABA Group Holding slashed prices for a clutch of artificial intelligence services by as much as 97 per cent, spurring an immediate response from Baidu in potentially the start...
Eli Lilly’s diabetes drug tirzepatide gets approval in China
ELI Lilly said on Tuesday (May 21) its diabetes drug tirzepatide has received approval from Chinese regulators, setting up intensifying competition with its Danish rival Novo Nordisk in the...
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
VIETNAMESE officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30 per cent at its assembly plants in the north of the country where there...
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
VIETNAMESE officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30 per cent at its assembly plants in the north of the country where there...
Australian, NZ dollars run out of steam, ponder rate outlooks
THE Australian and New Zealand dollars faltered on Tuesday as momentum from last week’s rally seeped away and markets pondered the outlook for steady interest rates at home.
Investors in Singapore among least likely to expect ESG funds to outperform market
INVESTORS in Singapore are among those who have more tempered expectations when it comes to ESG (environmental, social and governance) funds, a new study by AXA Investment Managers (IM)...
Australia central bank pondered raising rates on higher inflation risks
AUSTRALIA’S central bank decided to stand pat on interest rates at its May meeting in part to avoid “excessively fine-tuning” policy, but judged a hike might be needed if...